β½οΈπ Ethereum has seen daily #ETH burn decline to a yearly low, mainly due to lower gas fees (5-10 gwei). the block
π΅οΈββοΈ topcaller.sol bought 5,417 different #memecoins since April 9, investing an average of 0.215 #SOL in each. 7 of them had an ROI >1000% with a total profit of 290 SOL.
The percentage of its profitable coins is 0.13%.
The percentage of its profitable coins is 0.13%.
π Π‘rypto Koryo: In April 2024, 138 new #memecoins appeared on CoinMarketCap, setting a record, while in April 2023 there were only 18.
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βπΏ Robinhood received a Wells notice from the US SEC regarding crypto business in the US
βWe firmly believe that the assets presented on our platform are not securities, and we look forward to working with the SEC to clarify this.β
βWe firmly believe that the assets presented on our platform are not securities, and we look forward to working with the SEC to clarify this.β
π #BTC Hermetica announced the release of the first ever synthetic US dollar backed by BTC. The new synthetic dollar #USDh, scheduled for release in June, will offer users returns of up to 25%.
cointelegraph.com
cointelegraph.com
π₯³π¦ #ETH MetaMask releases a βvirtual mempoolβ designed to help users evade MEV bots.
π #BTC #ETF Report Kaiko: Since early April, both ETF inflows and the BTC rally have slowed. Last week, IBIT (from BlackRock) recorded its first daily outflow of $37 million. Net flows across all ETFs have also declined steadily since January. That trend appeared to begin to reverse on Friday, with ETFs including Grayscale's GBTC seeing strong inflows after renewed forecasts for a Fed rate cut.
π #ARB Uniswap: Arbitrum is the first L2 whose swap volume exceeded $150 billion
π©πͺπ Kraken plans offer German clients access to a range of crypto products through a special offer based on DLT Finance.
π₯³π¦ #ELF AELF announced the closing of a $40 million credit line from Merchants Bank. accesswire.com
π #ETH Sentiment: 196.71 thousand new addresses were created on the Ethereum network on May 4, 2024, which was the largest daily increase since October 8, 2022. This should be considered a bullish sign.
π€ CryptoAttack π¬π§
π #ARCH Messari. Archway status in Q4 2023: - Market capitalization + 236%; - those who deployed contracts earned ARCH tokens worth more than $11,000, benefiting from a 231% increase in ARCH price; - the staking ratio increased to 44.5%.
π #ARCH Messari. Archway status in Q1 2024:
- TVL Archway grew by 123% in the quarter to $8 million;
- user activity reached the highest level since the creation of the network, reaching a quarterly maximum in transaction fees ($38,000), developer income ($19,000) and the average number of ARCH burned ($101,000 ARCH);
- dApp treasury is currently $3 million;
- daily active addresses increased by >50%;
- the staking ratio has increased to 47% and the network is currently supported by 100 validators.
- TVL Archway grew by 123% in the quarter to $8 million;
- user activity reached the highest level since the creation of the network, reaching a quarterly maximum in transaction fees ($38,000), developer income ($19,000) and the average number of ARCH burned ($101,000 ARCH);
- dApp treasury is currently $3 million;
- daily active addresses increased by >50%;
- the staking ratio has increased to 47% and the network is currently supported by 100 validators.