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πŸš€ Your cryptocurrency hub for the latest trends, news, and insights. Join now for valuable updates and analysis!

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πŸ’₯ CryptoQuant analysts claim that the bull market has not ended yet.

Comparing the current MVRV indicator with previous bull markets, where it reached values of 4.83 and 3.97, it now stands at 2.78, which is not yet a sign of revaluation.

This may indicate the possibility of further growth.

Experts believe that a sharp rise in prices is likely to occur as early as June.

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πŸ‘ Meme coins are taking the lead

πŸ“ˆ #PEPE, #DOGE, #BONK, #WIF occupy 4 out of 10 leading positions by open interest.

#meme

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β˜„οΈGeorge Soros has about $ 135 million invested in Microstrategy shares.

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🀯 Another 34.138 BTC (approximately $2.3 billion) was transferred from the Mt.Gox wallet to an unknown address.

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🐦 NOTCOIN against the market

πŸ’Ž NOTCOIN reached a market capitalization of $1 billion after launching "earnings missions," which allow users to passively earn NOT tokens by completing tasks.

πŸš€ The token's price increased by 52% in a day and by 76% in a week.

πŸ—£The launch of missions significantly increased the trading volume and market capitalization of the token, moving it into the top-100 assets by market capitalization.

#NOTCOIN

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🌚 MoonPay has launched a new Web3 Tools platform for brands exploring the crypto industry

🟒 The platform includes authentication, KYC, tokenization, ticketing, and analytics.
🟒 Among the first users are Adidas, Gucci, Puma, and Mastercard.
🟒 MoonPay is backed by venture capital firms such as Tiger Global and Paradigm.

#Web3

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🧬 Solana validators will now receive 100% of revenue from priority user transactions, instead of the previous 50%, and the remainder of the previously burned funds will be paid to them.

Priority fees are an additional fee from users for processing their transactions out of turn, similar to MEW transactions on the Ethereum network.

The SIMD-0096 proposal has received 77% support and it is expected that this update will be implemented on the main network in the next few months.

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The market capitalization of stablecoins has exceeded $160 billion πŸ“ˆ

The aggregate market capitalization of stablecoins has surpassed $160 billion. The growth of this metric is obviously linked to the infusion of new funds into this segment, as well as increased demand for "stable coins," believe analysts at Nansen.

Since the beginning of the year, the total market capitalization of stablecoins has increased by $30 billion, including USDT +$19.7 billion, USDC +$8.7 billion.πŸ’°

The leader of the segment remains the company Tether, with the capitalization of USDT exceeding $110 billion. The corresponding figure for USDC is $32.5 billion. In third place is DAI from MakerDAO at $5.2 billion. The total market value of the "synthetic dollar" USDe from Ethena Labs is $2.6 billion.πŸ’°

#USDT
#stablecoin

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🐦 Justice at the minimum

❌ The judge ordered the SEC to pay $1.8 million in compensation for "abuse of power" in relation to the cryptocurrency company "DEBT Box".

πŸ’» The SEC filed a lawsuit against Debt Box in July 2023, suspecting them of defrauding investors of $49 million, but the judge eventually found the web3 platform innocent.

Thanks to the taxpayers, at whose expense this fine will be paid 🎩

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πŸ’΅ Tether has frozen a wallet that contained 3,497,207 USDT, according to PeckShield.

#Tether

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🐢 Seven meme coins have made a comeback and entered the top-15 assets by trading volume over the past 24 hours.

The trading volumes of each exceeded $1 billion, and for Shiba, this figure reached $2 billion.

#meme

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⚑️ The open interest in meme coins BONK, WIF, and PEPE currently exceeds the interest in BTC and ETH.

#meme

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🏦 Deutsche Bank is testing Ethereum's blockchain to reduce costs

πŸ‘€ Deutsche Bank is testing a platform based on #ETH to provide digital services for tokenized funds as part of the Guardian project.
πŸ‘€ By using blockchain and smart contracts, the bank aims to reduce costs, risks, and transaction time.

#ETH

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πŸ” Top-15 tokens by current return on investment, launched this spring

#TOP
#tokens

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πŸ—£ Artificial Intelligence (AI)-related tokens Render Token (RNDR) and SingularityNET (AGIX) have grown significantly due to the interest in AI and DApp applications πŸ€™

πŸ–€This trend is driven by the growing demand for computing power and AI services in various industries, which is encouraging investors to invest in these tokens.

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🀝 LayerZero0️⃣ and Solana 🧬 are preparing to announce a strategic partnership.

#LayerZero
#Solana

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πŸ’° PayPal is expanding its stablecoin ecosystem by launching PYUSD on the Solana blockchain 🧬

Previously, PYUSD was only available on Ethereum βšͺ️

#PayPal
#Solana

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πŸ‘ Ripple has donated another $25 million to support Fairshake, a cryptocurrency political committee that promotes crypto adherents.

πŸ’° Crypto Super PAC Fairshake has already received donations from Ripple in 2023 (also $25 million)

πŸ‘€ Ripple has called the 2024 US election the most important election in cryptocurrency history.

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🀝 NEAR Protocol 🌟 and D3 announced the launch of "NEAR Name Tokens" - universal identity identifiers on the NEAR blockchain.

#NEAR

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πŸ™ Peter Schiff, a prominent crypto critic, has been poking fun at the crypto community:

β€œWhat if all U.S. publicly traded companies sold 100% of their assets, shut down their businesses, laid off all employees, and used the proceeds to buy Bitcoin?β€πŸ˜

Each bitcoin would become worth millions. The market capitalization of American stocks would skyrocket. We'd all be rich.”


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