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When L3s started trending, they were met with initial skepticism — but as more use cases emerge, the clearer their need becomes
Reported holdings of spot bitcoin ETFs were a mere fraction of the total cumulative trading volume during the first quarter.Holders made up a diverse set of financial institutions including Morgan Stanley, a hedge fund that manages the endowments of Yale University and Princeton University, and the State of Wisconsin Investment Board.
TON and NEAR are among the few altcoins in the red now.
GameStop-themed memecoins GME and Roaring Kitty spiked 10% and 42%, respectively, in the past 24 hours. In the same period, GameStop’s stock fell around 20% to $22.22 per share. The firm posted net sale losses in first-quarter preliminary results on Friday.
Zksync said Friday in an X post that it would soon roll out its v24 upgrade, as it aims to further decentralize its protocol this summer. The announcement fueled rumors that an airdrop from the Layer 2 solution could come as early as June.
The macro environment remains a key driver for crypto performance, evidenced by the rebound in bitcoin prices after April’s softer CPI print, a Coinbase report said.
Bitcoin is dishing out the bull signals on lower timeframes, but can BTC price action overcome key resistance?
- 00:55SOL worth 1.911 billion dollars has been transferredAccording to Whale Alert monitoring, 11,040,253 SOL ($1,911,291,365) were transferred from an unknown wallet to another unknown wallet.
- 00:30Grayscale GBTC holdings decrease, BlackRock IBIT holdings increaseThe data from week 19 monitored by HODL15Capital shows that the holdings of Grayscale GBTC have decreased to 289,426 BTC, while the holdings of BlackRock IBIT have increased to 276,760 BTC.
- 00:27Opinion: TON chain performs strongly, surpassing Bitcoin's performance by 118% in 2024According to CryptoPotato, the latest analysis from CryptoQuant shows that TON has become one of the best-performing Layer 1 blockchains in 2024. Since the beginning of the year, TON's excess return over Bitcoin has reached an astonishing 118%, a stark contrast to other popular Layer 1 chains' weak performance. Among major blockchains, only TON and BNB have significantly outperformed Bitcoin during this period. This relative strength, coupled with Telegram's powerful network effect, makes TON a particularly noteworthy cryptocurrency in this bull market. Despite initial setbacks, Telegram Open Network (TON) has experienced significant growth over the past year and is now one of the largest projects in the cryptocurrency industry. This growth can be attributed to its vibrant and ever-expanding ecosystem which attracts more developers and users. Increased participation and innovation within TON blockchain have driven its rise. A notable project on the TON network is Notcoin (NOT), initially a game on Telegram aimed at introducing users to Web3 on blockchain. Recently, Notcoin announced it will donate 10.3 billion NOTs equivalent to $68 million USD to Pavel Durov, founder of Telegram and Telegram itself. Furthermore, TON's performance was supported by several key collaborations with The Open Network over recent months. Recently renowned stablecoin issuer Tether collaborated with The Open Network for Oobit mobile application for USDT-to-fiat transactions.This move will enable TON users to pay merchants fiat using Oobit’s Tap & Pay technology while spending USDT.The integration of this app will also simplify transactions using tether’s USDT and tether Gold(XAUt)on Ton network.
