๐นCrypto Trading Reports๐น
๐บ๐ธ๐
โโ๏ธ Sen. Ruben Gallego and 9 other senators oppose the updated GENIUS Act, citing weak anti-money laundering, national security, and financial safety measures. Notably, 4 Dems who backed the original bill in MarchโGallego, Warner, Kim, and Blunt Rochesterโnowโฆ
๐บ๐ธ๐ค Stablecoin regulation bill likely to pass despite a hiccup in the Senate.
๐ Major Asset Classes Performance In April
As shown in the chart, Bitcoin outperformed both Gold and the S&P 500 in April, despite a significant decline at the beginning of the month.
The correlation between #BTC and the S&P 500 remains strong. In fact, the S&P 500 only slightly outpaced Bitcoin, suggesting that BTC closely tracks the indexโs dynamics.
The takeaway is clear and optimistic: Bitcoin mirrors the S&P 500's movements, but with higher alpha.
As shown in the chart, Bitcoin outperformed both Gold and the S&P 500 in April, despite a significant decline at the beginning of the month.
The correlation between #BTC and the S&P 500 remains strong. In fact, the S&P 500 only slightly outpaced Bitcoin, suggesting that BTC closely tracks the indexโs dynamics.
The takeaway is clear and optimistic: Bitcoin mirrors the S&P 500's movements, but with higher alpha.
๐ฐ Thumzup Media files to raise $500M, aims to buy more #BTC.
๐ฐ The biggest Fundraising Rounds conducted in the last 7 days
Projects that received the most funding include Doppel ($35M), an #AI digital risk protection platform; Miden ($25M), a ZK proof-powered blockchain; Camp Network ($25M), a L1 blockchain for powering AI agents.
Projects that received the most funding include Doppel ($35M), an #AI digital risk protection platform; Miden ($25M), a ZK proof-powered blockchain; Camp Network ($25M), a L1 blockchain for powering AI agents.
๐๐ค A 3% #BTC allocation outperformed cash and money market funds since 2020.
๐ #BTC Santiment: wallets with 10-10k BTC) have accumulated a total of 81,338 BTC (+0.61%) in the last 6 weeks. Meanwhile, wallets with <0.1 BTC have sold 290 BTC (-0.60%) in the last 6 weeks.
๐๐ #ETH Ethereum Pectra upgrade will start in 15 minutes
๐ #OBOL Binance Alpha has listed the Obol Network project.
๐บ๐ธ๐ช๐บ European Commission to announce countermeasures against US duties tomorrow #tradewars
๐๐ค #BTCโs volume-weighted market cap dominance is 93%
Unlike simple market cap, this metric factors in actual trading volume, revealing where real liquidity and demand are.
Unlike simple market cap, this metric factors in actual trading volume, revealing where real liquidity and demand are.