⚡️ About $464M of Positions Liquidated As Bitcoin Dips Below $58K
Over the past 24 hours, Bitcoin has fell by nearly 12%, followed by other cryptocurrencies. The lowest BTC price was just under $57K, while Ethereum reached $2.8K at some point.
Amid the decline, nearly $464M of positions were liquidated on the leading futures exchanges:
- $175.6M on OKX;
- $175.1M on Binance;
- $48M on HTX;
- $37.7M on Bybit;
- $12.3M on CoinEx;
- $8.98M on BitMEX;
- $6.4M on Bitfinex;
Liquidations of long positions significantly outpaced liquidations of short positions:
🟢 $399M (86% Long)
🔴 $65M (14% Short)
👉 https://cryptorank.io/derivatives-analytics/bitcoin
⚡️ Bitcoin Sees 15% Price Decrease in April
Bitcoin closed April 2024 with a price decrease of -14.5%, while the average monthly return for April is +34.7%.
"Sell in May and Go Away" pattern happens right now? Read more in our latest article!
👉 https://cryptorank.io/insights/analytics/sell-in-may-and-go-away-2024
You can see monthly and quarterly returns on CryptoRank.io.
👉https://cryptorank.io/price/bitcoin
Sell in May and Go Away: How to Outperform Market in 2024
We’ve put together a brief research to weigh the pros and cons of the “Sell in May and Go Away” approach, considering the current market sentiment, and to outline a rational plan of action.
👉 https://cryptorank.io/insights/analytics/sell-in-may-and-go-away-2024
Gunstorm Token Sale Is Live
Gunstorm $GUNS token pre-sale is now live and will run until May 5th. Eight million GUNS tokens will be sold with 50% unlock at TGE and 25% vesting every two weeks.
Price: $ 0.01
Tokens For Sale: 8,000,000
Target Raise: $80K
👉 https://gunstorm.io/
Daily Crypto News 📣
👉 News:
— SEC and Gensler allegedly considered Ether a security for over a year
— MicroStrategy buys 122 BTC in April to bring total holdings to 214,400 BTC, more than 1% of total supply
— Coal Miner Alliance Resource dabbles in crypto mining, mines 425 BTC
— Hong Kong Bitcoin and Ether ETFs have soft debut with volume just over $11 million
— CZ's trial starts today
👉 Project Updates:
— Linea LayerZero bridging campaign by CryptoRank
— EigenLayer airdrop is happening after all — but it won’t include users from many countries
— Bitget pre-market trading: EigenLayer (EIGEN) is set to launch soon
👉 Today's Token Unlocks:
ILV - $3.57M
OP - $2.51M
CELO - $1.5M
👉 On-Chain Moves:
— HashKey withdrew another 178,126 PENDLE ($771K) from Binance
— Wallet 0x537 (likely Render Network) further deposited 500,000 RNDR ($3.84M) to Binance
— Justin Sun will receive highest $EIGEN airdrop of 3.5M token
👉 Ongoing Raffles:
— Celebrate Massa's CEX listings: $500 worth of $MAS
— Win $100 USDT + 5 Annual CoinStats Premium Subscriptions in new raffle! Free 3-Month Access for All!
⚡️EigenLayer Released Whitepaper
The EigenLayer whitepaper has been published on GitHub, detailing the structure of the Eigen token.
👉 https://cryptorank.io/ico/eigenlayer#funding-rounds
Crypto Events This Week 🚀
Explore the most significant moments in the crypto world with CryptoRank!
🔹 April 29:
- Friendtech v2 releases
- Meson Network $MSN listing on exchanges
🔹 April 30:
- Kamino Finance airdrop claim
- Renzo Protocol will be listed on major exchanges
- Last day to receive Early Adopter role in Linea Surge
🔹 May 1:
- Last day to participate in Moca Network presale on Coinlist
- Press conference of FOMC
- Last day to mint Kilroy Holograph Anniversary Edition NFT
🔹 May 2:
- Renzo airdrop claim will go live
- Last day to claim NFT from Xion x Injective
- Tars Protocol listing on Bybit
🔹 May 3:
- Deadline to join Parcl giveaway on Galxe
- Last day to join Mantle Reward Station to receive MYSO
🔹 May 4:
- Last day to claim Avail airdrop
🔹 May 5:
- Deadline to claim NFT from Reya
- End of third season in Backpack
Don't miss out on the daily activities in our Community Chat
👉 /channel/CryptoRankEn
📈Market Overview
Bitcoin trades above $62K. The top-10 cryptos are traded in red zone:
TON -6.56%
DOGE -6.37%
SOL -6.31%
Market capitalization: $2.42T (-3.31%)
The BTC dominance: 50.75% (+0.78%)
Fear & Greed Index: 67 (Greed)
👉 Top Gainers
Mines of Dalarnia (DAR) +141.4%
Arix (ARIX) +41.6%
OAX (OAX) +21.3%
Golem (GLM) +13.8%
Helium (HNT) +13.6%
👉 Recent Funding Rounds
L3E7 $10M funding round led by The Spartan Group and SevenX Ventures
OpenDelta $2.15M Pre-Seed round led by 6th Man Ventures
Hinkal Protocol $1.4M Strategic round led by The SALT Fund with participation from SNZ Holding and Draper Associates
📈Market Overview
Bitcoin trades above $63K. The top-10 cryptos are traded in green zone:
Ethereum +4.97%
Toncoin +4.08%
Solana +2.76%
Market capitalization: $2.49T (+2.37%)
The BTC dominance: 50.32% (-1.00%)
Fear & Greed Index: 65 (Greed)
👉 Top Gainers
Based Brett (BRETT) +62.6%
Arix (ARIX) +41.7%
DGI Game (DGI) +39.7%
ether.fi (ETHFI) +34%
Automata Network (ATA) +31.5%
👉 Recent Funding Rounds
Movement Labs $38M Series A round led by Polychain Capital with participation from OKX Ventures and Robot Ventures
Carv $10M Series A round led by IOSG Ventures and Tribe Capital with participation from ConsenSys
L3E7 $10M Funding round led by The Spartan Group and SevenX Ventures with participation from OKX Ventures
📈Market Overview
Bitcoin trades above $63K. The top-10 cryptos are traded in red zone:
Solana -2.99%
BNB -1.68%
Dogecoin -1.15%
Market capitalization: $2.44T (-0.98%)
The BTC dominance: 50.89% (-0.24%)
Fear & Greed Index: 67 (Greed)
👉 Top Gainers
Coinye West (COINYE) +96.1%
Golem (GLM) +54.9%
GROK (GROK) +47.4%
Helium Mobile (MOBILE) +24.9%
Guild of Guardians (GOG) +23.5%
👉 Recent Funding Rounds
Movement Labs $38M Series A round led by Polychain Capital with participation from OKX Ventures and Robot Ventures
Carv $10M Series A round led by IOSG Ventures and Tribe Capital with participation from ConsenSys
L3E7 $10M Funding round led by The Spartan Group and SevenX Ventures with participation from OKX Ventures
Catching New Meta in MemeMania 🔥
Have you noticed how strong the Memecoins trend is this year? Moreover, some projects started to issue Memecoins along with native tokens, and this tendency could become a complete game changer!
Read more on the new meta in the memecoins world in our latest article
👉 https://cryptorank.io/insights/analytics/catching-new-meta-in-mememania
Top 15 Projects by 30D Revenue
PancakeSwap - $13.2M
Ethena - $13M
Trojan - $10.2M
Aerodrome - $10.1M
Maker - $9.5M
Lido - $9.5M
Pump - $9.4M
MetaMask - $8.6M
Uniswap Labs - $8.5M
BONKbot - $7.6M
Banana Gun - $7.3M
AAVE - $6.6M
Curve Finance - $4M
Pendle - $3.8M
Maestro - $3.5M
👉 https://cryptorank.io/performance
📈Market Overview
Bitcoin trades above $64K. The top-10 cryptos are traded in different directions:
XRP +0.53%
BNB +0.17%
Ethereum -0.6%
Market capitalization: $2.48T (-0.10%)
The BTC dominance: 51.05% (+0.10%)
Fear & Greed Index: 70 (Greed)
👉 Top Gainers
L7 DEX (LSD) +101.9%
Safe (SAFE) +29.4%
Contentos (COS) +22.5%
Popcat (POPCAT) +19%
Lumia (ORN) +14.4%
👉 Recent Funding Rounds
Movement Labs $38M Series A round led by Polychain Capital with participation from OKX Ventures and Aptos
Aligned Layer $20M Series A round led by Hack VC with participation from Everest Ventures and Symbolic Capital
Carv $10M Series A round led by IOSG Ventures and Tribe Capital
⚡️ CryptoPunk 635 Was Sold For $12.4M
CryptoPunk #635 was sold for 4,000 ETH ($12.4M) on April 25, 2024.
👉 https://cryptopunks.app/cryptopunks/details/635
Daily Crypto News 📣
👉 News:
— BlackRock's Bitcoin ETF snaps 71-Day inflows streak
— 'Buy Bitcoin' sign from Janet Yellen's 2017 speech sold for $1 million
— EU’s anti-money laundering bill passes final vote, there are stricter rules for crypto
👉 Project Updates:
— Linea LayerZero bridging campaign by CryptoRank
— Renzo’s ezETH falls as low as $700, leading to $56m in liquidations
— Safe introduces Safe{Pass} points system
— LayerZero token coming in Q2 2024
— Worldcoin subsidiary selling WLD tokens from treasury
— Jupiter acquires Ultimate Wallet as part of mobile push
👉 Today's Token Unlocks:
ALT - $37.04M
GTAI - $6.71M
RAD - $2.67M
👉 On-Chain Moves:
— Whale withdrew 3.75M MATIC ($2.66M) from Coinbase
— MakerDAO's multisign 0xbba just deposited another 349 MKR ($1.01M) to Binance
— Giant whale 0x435 just further withdrew 7,128 ETH ($22.2M) from Binance at $3,111
👉 Ongoing Raffles:
— Celebrate Massa's CEX listings: $500 worth of $MAS
— Win $100 USDT + 5 Annual CoinStats Premium Subscriptions in new raffle! Free 3-Month Access for All!
📈Market Overview
Bitcoin trades above $58K. The top-10 cryptos are traded in red zone:
SOL -11.6%
Doge -11.5%
TON -10.4%
Market capitalization: $2.26T (-7.56%)
The BTC dominance: 50.86% (-0.19%)
Fear & Greed Index: 54 (Neutral)
👉 Top Gainers
TomTomCoin (TOMS) +19.3%
Hive Dollar (HBD) +14.4%
Arcblock (ABT) +10.3%
Chia (XCH) +2.75%
Cosmos Hub (ATOM) +2.12%
👉 Recent Funding Rounds
Backed $9.5M Series A round led by Gnosis with participation from Blockchain Founders Fund and Stake Capital Group
X10 $6.5M funding round with participation from StarkWare, Semantic Ventures and Tioga Capital Partners
MilkyWay $5M Seed round led by Polychain Capital and Binance Labs with participation from Hack VC
Token Sales Market Shows Significant Growth
Although the current decline in prices of cryptocurrencies may seem concerning, other key indicators suggest a bullish sentiment in the market. The uptick in token sales and the significant funds being raised both signal the continuation of a bull market trajectory and the potential arrival of an altseason.
👉 https://cryptorank.io/ico-analytics
Binance Launchpool Candidates 🚀
Explore the list of early stage projects with high potential to be listed on Binance through the Launchpool campaign. Many of them currently have points farming or incentivized campaigns, you can find more details in our Drop Hunting Tool!
👉 https://cryptorank.io/tags/binance-launchpool
📈Market Overview
Bitcoin trades above $63K. The top-10 cryptos are traded in green zone:
BNB +2.70%
Toncoin +2.45%
XRP +2.07%
Market capitalization: $2.45T (+1.11%)
The BTC dominance: 50.96% (+0.59%)
Fear & Greed Index: 67 (Greed)
👉 Top Gainers
BlockGames (BLOCK) +39.6%
Amp (AMP) +28%
Crypto Gladiator League (CGL) +24.6%
Apu Apustaja (APU) +18.7%
Braintrust (BTRST) +17.9%
👉 Recent Funding Rounds
Games For A Living $3.2M Seed round with participation from Supercell
Optix $1.78M funding round with participation from Morningstar Ventures, Arrington XRP Capital and Ascensive Assets
Hinkal Protocol $1.4M Strategic round led by The SALT Fund with participation from SNZ Holding and Draper Associates
Top 15 Blockchains by Number of Unique Addresses
BNB Chain - 444.4M
Polygon - 419.3M
Ethereum - 266.8M
Tron - 226.8M
Fantom - 173.9M
Optimism - 137.9M
Base - 71.7M
Avalanche - 38.8M
Aptos - 36.5M
Celo - 30M
Arbitrum - 22.1M
Near - 21.5M
Moonbeam - 20.2M
Sui - 10.1M
ZkSync Era - 8.9M
👉 https://cryptorank.io/blockchains
Weekly Crypto News 📣
👉 News:
— Consensys sues SEC over ‘unlawful seizure of authority’ over Ethereum
— Australia’s largest stock exchange could list approved spot bitcoin ETFs by end of 2024
— Stripe brings back crypto payments via USDC stablecoin
👉 Project Updates:
— Linea LayerZero bridging campaign by CryptoRank
— Kamino to drop $KMNO on April 30th
— Mitosis launched its Points Program
— Euler unveils the codebase for Euler v2
— Worldcoin eyes partnership with OpenAI
— Renzo Protocol updates airdrop info and tokenomics
👉 Today's Token Unlocks:
DYDX - $70.40M
GAL - $39.03M
PORTAL - $27.26M
👉 On-Chain Moves:
— Whale 0x444 just further deposited 7,950 ETH ($25.47M) to Binance
— Wallet 0xde9 (likely Wintermute Trading) just deposited 7.44M 1INCH ($3.14M) to Binance
— Wintermute Trading just deposited 15,000 ETH ($49.75M) to Coinbase
👉 Ongoing Raffles:
— Celebrate Massa's CEX listings: $500 worth of $MAS
— Win $100 USDT + 5 Annual CoinStats Premium Subscriptions in new raffle! Free 3-Month Access for All!
Top 10 Gainers of the Week 📈
Arix $ARIX
Aleph.im $ALEPH
Popcat $POPCAT
Highstreet $HIGH
Energy Web Token $EWT
ZKBase $ZKB
Automata Network $ATA
BinaryX $BNX
Golem $GLM
GROK $GROK
👉 https://cryptorank.io/performance
Top 7 Token Unlocks of the Upcoming Week
The following tokens with the largest unlock amount will be unlocked next week:
dYdX - $70.40M
Galxe - $39.03M
Portal - $27.26M
Orbler - $15.11M
Biconomy - $13.77M
Nym - $12.42M
Zeus Network - $11.82M
👉 https://cryptorank.io/token-unlock
🚨 SUMMER AIRDROP SEASON IS ALMOST HERE 🚨
Check out our list of 12 projects that will likely distribute airdrops this summer!
Read our thread on X!
👉 https://twitter.com/CryptoRank_io/status/1783895262701736315
XION just launched the first user-friendly Chain Abstraction
Chain abstraction is about simplifying the user and developer experience in the blockchain space by hiding the complexities of interacting with different blockchains.
Injective is the first chain implemented XION's chain abstraction. This is just the start, and will reshape the historically competitive nature of L1’s - who typically fight for users, liquidity, and developers - to enable true mainstream adoption.
👉 https://x.com/burnt_xion/status/1783496448417345566
Daily Crypto News 📣
👉 News:
— Consensys sues SEC over ‘unlawful seizure of authority’ over Ethereum
— SEC charges Texas mining firm and co-founders for $5.6 million fraud scheme
— Stripe brings back crypto payments via USDC stablecoin
👉 Project Updates:
— Linea LayerZero bridging campaign by CryptoRank
—Arbitrum, Optimism, Polygon, StarkWare and zkSync to integrate with Avail for data availability
— Franklin Templeton has tokenized a $380 million treasuries fund on the Polygon and Stellar blockchains
— Renzo Protocol updates airdrop info and tokenomics
— Worldcoin eyes partnership with OpenAI
👉 Today's Token Unlocks:
GT - $15.38M
BREED - $3.72M
VEC - $4.07M
👉 On-Chain Moves:
— Pantera acquires additional discounted Solana tokens in FTX bankruptcy auction
— A total of $1.3 billion of USDC were deposited from apparent whale addresses to crypto exchange Coinbase
— James Fickel (Amaranth Foundation founder) spent 24.7M USDC to buy 7,814 ETH
👉 Ongoing Raffles:
— Celebrate Massa's CEX listings: $500 worth of $MAS
— Win $100 USDT + 5 Annual CoinStats Premium Subscriptions in new raffle! Free 3-Month Access for All!
How to Find Underrated Gems using CryptoRank
There are thousands of promising tokens left over from past cycles that are undervalued and trading at low price for some reason. They offer much better entry points and growth potential than new tokens. The problem is to pick the right one.
Read our comprehensive guide on searching for undervalued gems 👉 https://cryptorank.io/insights/analytics/how-to-find-underrated-gems-using-cryptorank
Top 10 Projects by TVL on Linea
Since the inception of the Linea Surge campaign in early April, Linea TVL has experienced remarkable growth. This campaign is scheduled to continue for a six-month duration or until Linea's TVL reaches $3 billion. As an incentive for liquidity providers, Linea will distribute an airdrop among them.
👉 https://cryptorank.io/tags/linea-ecosystem
📈Market Overview
Bitcoin trades above $64K. The top-10 cryptos are traded in red zone:
Solana -7.13%
Toncoin -6.87%
Dogecoin -6.70%
Market capitalization: $2.48T (-3.92%)
The BTC dominance: 51.01% (+0.22%)
Fear & Greed Index: 72 (Greed)
👉 Top Gainers
Nuklai (NAI) +22.4%
SATOSHI•NAKAMOTO (丰) +18.2%
NULS (NULS) +16.5%
Connext (NEXT) +15.6%
Baby Doge Coin (BABYDOGE) +15.5%
👉 Recent Funding Rounds
Tevaera $5M Seed round led by Laser Digital with participation from HashKey Capital and Morningstar Ventures
Puffverse $3M funding round led by Animoca Brands with participation from HashKey Capital and The Spartan Group
Moso $2M Seed round with participation from Polygon Ventures, Symbolic Capital and CoinList