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Bybit English

05 May 2024 06:11

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Bybit English

05 May 2024 06:09

WEEKLY NEWS :- #BCC

💰 Solana network has the highest number of #NFT creations in the past 30 days.
According to Coin98 Analytics, in the past 30 days, #Solana has become the blockchain network with the most NFTs created, with a quantity of 44 million.

💳 New Visa dashboard shows that Solana💰 has significantly more stablecoin transactions than any other blockchain.

📊 Top 5 Defi Projects By TVL :

1. LIDO : $29.4B
2. EigenLayer : $9.2B
3. Aave V3 : $8.5B
4. Uniswap V3 : $6.4B
5. Maker DAO : $5.9B

📊 Top 7 Token Unlocks of the Upcoming Week

dYdX - $70.40M
Galxe - $39.03M
Portal - $27.26M
Orbler - $15.11M
Biconomy - $13.77M
Nym - $12.42M
Zeus Network - $11.82M

👎Justin Sun said Ethereum💰 spot ETF will not be approved in May.
TRON founder Justin Sun expressed on X platform that he believes that #Ethereum spot ETF will not be approved in May. The #crypto industry still needs to prepare for long-term education for regulatory agencies, with a focus on helping them understand crypto.

👍💰 Polkadot Referendum 706 proposes to reduce inflation and fix the total supply of DOT at 2.1 billion.
Polkadot Proposal 706 is currently being voted on, proposing to reduce inflation based on a new algorithm and targeting a fixed supply of 2.1 billion #DOT. As of now, there are more votes against the proposal.

🪙 Ethereum $ETH fees drops to lowest level since October

🚨 SUI will unlocked $1 Billion worth of SUI💰 tokens on May 3rd, 2024.

🚨🚨 #Pyth Network will unlock $1.25B worth of tokens on May 20, increasing the circulating supply by over 100% just six months after its token launch.

👍 #OpenAI and Financial Times 📰 sign content deal allowing ai models to be trained on the newspaper's archived content.

👎 Russia 🇷🇺 prepares for total Bitcoin💰 Ban as geopolitical tensions rise.
“Digital rubles will be allowed. The need for a ban is due to the fact that #Bitcoin is a currency that replaces the ruble in the country” - Aksakov, Chair- Financial Market.

🇭🇰 Hong Kong has officially started spot trading of 💰 #Bitcoin and 🪙 #Ethereum ETFs

💰 Tether has invested $200 million in #Blackrock Neurotech, becoming the majority stakeholder in the BCI technology company.

🇰🇵 North Korea's Lazarus Group laundered $200 million worth of crypto into fiat currency over a four year period, an investigation from ZachXBT found.

🔥🔥 FTX's second round of locked Solana💰 auction ends, with the price at around $100.
This auction involves 1.8 million SOL tokens (about $232 million). Galaxy Trading and Pentera Capital has once again raised funds from investors to participate in bidding for FTX's locked SOL.
The winning locked tokens must follow a 4-year unlocking period

👍Bitcoin💰 breaks record with 1.6 million payments processed in a single day.

👍Banking Giant SBI Group Commits to Utilizing #XRP💰 Ledger for Supply Chain Management

👍MicroStrategy Bought 122 #Bitcoin In April, Now Holds 214,400 BTC
MicroStrategy's average cost per Bitcoin is $35,180

📊 The Block data shows that CEX's total spot trading volume in April was 1.6 trillion US dollars, a decrease 📉 of 35.7% from the previous month's 2.48 trillion US dollars.

🥇 Approximately $175B worth of #Bitcoin are now held by ETFs, countries, public and private companies

👎Algorand $ALGO tops the chart, with 91% of its holders at a loss 📉

👉 Binance 💰 Founder CZ Sentenced to 4 Months in Prison.

🐴 #1inch launches a debit card in partnership with Mastercard

👍Grayscale #Bitcoin ETF just had $63m INFLOWS for the first time since launching on January 11!

🔥 MakerDAO launched two new tokens: NewStable (#NST) and NewGovToken (#NGT). NST is an improved version of #Dai, while NGT offers a fresh governance model for the #MakerDAO platform.

💰 Solana’s on-chain #NFT sales in April were just over $150 million, the lowest level so far this year.