Ethereum’s 2% market depth — measuring the quantity of bids and asks within 2% of the mid price aggregated across the most liquid USD pairs — has increased by 40% since the start of the year — link

Can you read futures? What all these numbers actually mean? Let us explain.

>high LSR = theres more longs than shorts = whales will DUMP the market to force LONGS liquidations
>low LSR = theres more shorts than longs = whales will PUMP the market to force SHORTS liquidations
a few things to take in consideration
>affects the very short term (5min~1hr) whales love fresh blood
>some coins have high LSR because of low liquidity
>LSR only affects the futures market, if theres SPOT demands the coin will pump regardless

Elon Musk has made an offer to buy Twitter (TWTR) and take it private, saying he believes it needs to be "transformed."
According to an SEC filing, Musk has offered to acquire all the shares in Twitter he does not own for $54.20 per share, valuing the company at $43.4 billion. That represents a 38% premium over the closing price on April 1, the last trading day before Musk disclosed that he had become Twitter's biggest shareholder, and an 18% premium over its closing price Wednesday.
Musk said the cash offer was his "best and final offer," according to the SEC filing, adding that if it's not accepted he would have to reconsider his position as a shareholder.

Central Bank of Portugal grants country’s first crypto license to a bank — link

Ethereum, Cardano, Solana, Avalanche, Algorand, and Internet Computer Comparison

Another DeFi Attack

Beanstalk Farms loses $182M in DeFi governance exploit

The stablecoin protocol saw its own governance proposal system exploited enabling the malicious actors to extract all of its $182 million in collateral.—link

⁠Bitcoin hodlers targeting $100K is what's preventing 40% price drawdown, data suggests

Long-term holders are in command amid a lack of speculators — and they're showing little interest in selling.—link

Digital asset investment products saw outflows totalling $97m last week. The outflows represent the second week in what we believe is likely a result of recent profit taking and a reaction to the more hawkish FOMC statement — link

⁠Solana’s STEPN hits record high as GMT price skyrockets 34,000% in over a month

Strong hype around move-to-earn tokens could offset the bearish technicals emerging for GMT.—link

Framework Ventures unveils $400 million fund with a special focus on blockchain gaming — link

⁠Bitcoin 'buy' signal excites as dollar, gold extend losses, BTC price heads past $41.5K

Nothing stands in the way of Bitcoin's latest renaissance, even as gold tumbles and the U.S. dollar checks its progress.—link

Overall, across all cryptocurrencies Chainalysis tracks, investors around the world realized total gains of $162.7 billion in 2021, compared to just $32.5 billion in 2020 — link

Tesla hasn’t sold any of its #Bitcoin according to their Q1 report —link

Ethereum has maintained dominance in terms of TVL (55.6%) at $150bn. However, Terra has proven the most successful challenge to $ETH recently, with a quarter-over-quarter TVL growth of more than 72% to $35.2bn.

⁠STEPN to new highs? GMT price painting first 'bull flag' toward $5 target

GMT is booming amid warnings that its 38,000% price rally since inception could end up being an "absolute joke."—link

Uniswap Labs now blocks certain crypto wallets from its app’s frontend — link

Binance denies report it agreed to share user data with Russian FSB-controlled agencies—link

Total stablecoin supply hovers around $180 billion. $UST ’s growth has been remarkable in 2022, expanding by $7.6B in around five months.

Twitter has announced that it has agreed to Elon Musk's $44 billion bid for the social media company. In a press release, Twitter announced that upon completion of the deal, Twitter will become a privately held company owned wholly by Musk.