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Welcome to @tokenize - your go-to source for all things crypto news! Contact: @fourfour Community: @cryptonerds Powered by t.me/media44 #Crypto
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💰 Bitcoin ETF Inflow : 2024-04-30
#IBIT : $0.0K
#FBTC : -$35.3M
#BITB : -$34.3M
#ARKB : $3.6M
#BTCO : -$2.4M
#EZBC : $0.0K
#BRRR : $0.0K
#HODL : $0.0K
#BTCW : $0.0K
#GBTC : -$93.2M 🚨
📊 Net Inflow : -$161.6M 🚨
⚡ 7-day Avg : -$77.3M
@tokenize 🪙 | @cryptonerds 🪙
4 539
👉 Changpeng Zhao, the founder of #Binance, is set to appear in court today. Prosecutors are seeking a three-year prison sentence, but his defense is arguing for no prison time.
@tokenize 🪙 | @cryptonerds 🪙
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⚠️⚠️⚠️⚠️
⚠️ The 4-hour chart presents an intriguing scenario for BTC, which currently faces multiple potential paths:
👉 Retrace and Decline:
#BTC could retrace to address the imbalance or interact with the order block (a strong supply zone), which may lead to a subsequent downturn.
👉 Investor Support:
Alternatively, a significant influx of investment could occur, with #investors stepping in to support BTC, preventing it from dropping further towards the #imbalances indicated by gaps in the candles.
@tokenize 🪙 | @cryptonerds 🪙
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☺️Binance founder Changpeng Zhao sentenced to 4 months for allowing money laundering
👉SEATTLE (AP) — Former Binance CEO Changpeng Zhao was sentenced Tuesday to four months in prison for allowing rampant money laundering on the world’s largest cryptocurrency exchange.
👉Zhao pleaded guilty in November to one count of failing to take required anti-money-laundering measures and stepped down as Binance agreed to pay $4.3 billion to settle related allegations. U.S. officials said Zhao deliberately looked the other way as people conducted transactions that supported child sex abuse, the illegal drug trade and terrorism.
“I failed here,” Zhao said before U.S. District Judge Richard A. Jones issued the sentence. “I deeply regret my failure, and I am sorry.”👉The three-year prison term prosecutors sought was more than twice the guideline range for the crime. If he didn’t receive time in custody for the offense, no one would, rendering the law toothless, they argued. Binance allowed more than 1.5 million virtual currency trades, totaling nearly $900 million, that violated U.S. sanctions, including ones involving Hamas’ al-Qassam Brigades, al-Qaeda and Iran. @tokenize 🪙 | @cryptonerds 🪙
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⚡️Quick crypto news (April 30)
👉 Bitcoin's Price Movement: Bitcoin fell to $62,000 as expectations for Hong Kong ETFs didn't meet the hype, with trading volumes for BTC products drawing just $8.5 million.
👉 Ethereum's Market Update: Ethereum is facing a downturn, with its price dropping to a weekly low of $3,042 amid concerns over the SEC's stance on the cryptocurrency.
👉 Crypto Market Cap:
The broader digital asset market has seen a decline, with the CoinDesk 20 Index dropping around 2.7%.
👉 Top Gainers:
Articles suggest looking into undervalued cryptos like Avalanche, Ethena, and Ethereum as potential buys for today.
👉 Under $1 Picks:
For those interested in cheaper investments, there are cryptos trading for less than $1 that are worth watching over the coming days(ONDO, OASIS, GALA, TUK, CHZ), and DYOR.
#cryptoNews
#MarketUpdate
#HongKongETF
@tokenize 🪙 | @cryptonerds 🪙
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#BTC 🔽
will this trigger an investor exodus, or can we expect a rebound...
@tokenize 🪙 | @cryptonerds 🪙
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👆👆👆👆
👉The combined trading volume for the six ETFs that started trading was $11 million, which was significantly lower than the expected $100 million.
👉Bitcoin ETFs accounted for $8.5 million of this volume, while Ether ETFs contributed the remaining amount ($2.5 million).
👉The trading volumes were a fraction of those recorded in the United States, where the first-day trading volume hit $655 million.
#CryptoTradingHK
#HongKongETFs
#USvsHK
@tokenize 🪙 | @cryptonerds 🪙
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🎥🎥🎥🎥
👉 Spot Bitcoin and Ethereum ETFs Trading
Six spot #bitcoin and #ether #ETFs have started trading on the Hong Kong #Stock Exchange.
@tokenize 🪙 | @cryptonerds 🪙
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📢📢📢📢📢
👉Stay tuned for the announcement of our first series of giveaway winners on May 1st!
Who will be the lucky ones? Find out soon!
@tokenize 🪙| @cryptonerds 🪙
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👉 Omnity Protocol has introduced a new feature for trading Runes tokens on the Bitcoin network with no gas or transaction fees, leveraging the Internet Computer (ICP) platform.
👉 This integration bypasses the need for cross-chain bridges and utilizes ICP’s Chain Fusion Technology to facilitate direct #Bitcoin transactions.
@tokenize 🪙| @cryptonerds 🪙
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👉 Helium (HNT): The Helium #crypto surged 11.82% and traded at $5.79.
@tokenize 🪙 | @cryptonerds 🪙
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👉MicroStrategy has acquired a total of 122 #Bitcoin worth approximately $7.8 million.
@tokenize 🪙| @cryptonerds 🪙
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💡For the Strategic Investor:
😀 What is AMM in the DeFi world?
👉 Automated Market Maker (AMM) Optimization:
👉 In DeFi, Automated Market Makers are protocols that allow digital assets to be traded in an automated manner without the need for a traditional buyer and seller match.
👉 Some traders optimize their earnings by providing liquidity to AMMs during times of high transaction volume, which can lead to higher fee earnings.
👉 This tactic requires an understanding of market patterns and the ability to predict periods of high demand.
Happy Learning and DYOR 💛😀
#DeFi #AMMOptimization #SmartInvesting #DYOR
@tokenize 🪙 | @cryptonerds 🪙
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⚡️Quick Crypto News (29-Apr)
👉 Today's Top Gainers:
Lido DAO, Internet Computer, Picasso, and Monero are leading the market with significant gains. Investors are eyeing these tokens for potential growth opportunities.
👉 Bitcoin & Ether Market Update:
Amid U.S. stagflation fears, Bitcoin and Ether are nursing losses. The crypto market cap has dipped to $2.3 trillion, with a downward trend confirmation if it falls below $2.2 trillion.
👉 Altcoins on the Rise:
Various altcoins are trending upwards, indicating promising investment opportunities. Keep an eye on these tokens for potential growth (Helium 'HNT' ,HBAR, 5th Scape)
👉 Stagflation Fears Grip Crypto:
The crypto market is balancing the threat of stagflation against potential liquidity injections from the Treasury General Account (TGA) and the launch of Hong Kong's bitcoin ETFs.
👉 Regulatory Waves Affect BTC & ETH:
Bitcoin and Ethereum face regulatory challenges, with the market anticipating the Federal Reserve's interest rate decision. April may end as Bitcoin's worst month since the 2022 bear market.
#CryptoGainers #MarketUpdate #Altcoins #CryptoNews #RegulatoryChallenges
@tokenize 🪙 | @cryptonerds 🪙
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🇷🇺Russia is set to ban #crypto activities by September, allowing only state-approved digital assets like the digital ruble.
👉 The #ban, which is a compromise between total prohibition and regulated trade, exempts miners but aims to uphold the ruble's primacy in the economy.
#CryptoCrackdown
#CryptoBanRussia
#ETF2024
@tokenize 🪙 | @cryptonerds 🪙
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🤑Michael Saylor, the founder and current chairman of MicroStrategy, emphasized the significance of #Bitcoin in a recent tweet, stating “Bitcoin is the key.”
👉 Saylor’s tweet coincided with a nearly 2% drop in Bitcoin’s value over 24 hours, with the cryptocurrency trading at $62,890, down by about $2,000 since Friday.
@tokenize 🪙 | @cryptonerds 🪙
