Record Breakout in Fidelity’s Spot Bitcoin ETF
According to data dated April 25, there was an outflow of $ 22.61 million in FBTC, Fidelity’s spot Bitcoin ETF. This outflow amount was the highest single-day money outflow for FBTC since its listing in January. In total, there was an outflow of $217 million from spot Bitcoin ETFs.
$380 Million Asset Tokenization from Franklin Templeton
Franklin Templeton tokenized $380 million in treasury funds on Polygon and Stellar blockchains to enable peer-to-peer (P2P) transfers without intermediaries. This innovation aims to simplify transactions and expand access, allowing investors to manage their assets more flexibly directly through exchanges. Franklin Templeton’s integration of blockchain technology into its financial operations aims to increase the liquidity and efficiency of asset management.
Stripe Brings Back Crypto Payments via USDC Stablecoin
Later this year, Stripe announced that it would relaunch crypto payments on the Solana, Ethereum, and Polygon blockchains, initially for USDC only. While Stripe previously provided this service, it withdrew from crypto services in 2018. “We are excited to announce that we are bringing back crypto as a way to accept payments, but this time with a much better experience,” Stripe co-founder and President John Collison said in a statement on Thursday. said.
Consensys Sues SEC Over ‘Illegal Compromise’ of Ethereum
Ethereum developer Consensys has filed a lawsuit against the US Securities and Exchange Commission, challenging what the company calls an ‘unlawful usurpation’ of power over Ethereum by the federal regulator. In the complaint filed against the SEC and five commissioners on Thursday, Consensys disclosed that on April 10 it received notice from the SEC indicating Wells’ intent to file an enforcement action against the company for violating securities laws through its MetaMask wallet product. Consensys denies that the wallet acts as an intermediary, stating that it is ‘merely an interface’ and ‘neither holds customers’ digital assets nor performs any transaction functions’.
Pantera Capital Plans to Raise $1 Billion for ‘V’ Fund
Pantera Capital aims to raise $1 billion for its new crypto fund, Pantera Fund V. This fund will prioritize assets such as venture capital, early-stage tokens and liquid tokens. According to Bloomberg, this fund is not linked to Pantera’s previous attempt to raise a $1.25 billion blockchain fund.
Solana Mobile Airdrops Exceed Pre-Order Cost
Pre-orderers of Solana’s ‘Chapter 2′ mobile phone have an opportunity to temporarily offset the cost of the yet-to-be-released mobile phone. Because memecoins briefly exceeded the cost of the phone after being airdropped into recipients’ wallets. In April, MEW and MANEKI were airdropped to the wallets of crypto users who pre-ordered the new Chapter 2 device. A payment of $450 was required for this device. On April 1, MEW’s team airdropped 37,600 tokens to pre-order holders of Solana’s ‘Chapter 2’ mobile phone. According to CoinGecko data, post-airdrop MEW was worth $334, down from its peak price of $0.0089. Similarly, a total of 5,199 MANEKIs were airdropped to pre-order holders of Solana’s ‘Chapter 2’ mobile phone on April 24, reaching a peak price of $0.269 on April 25. When combined with other memecoin projects, including WUFFI, which airdropped 114,000 tokens to Chapter 2 wallets, the total airdrops enabled pre-orderers of Solana’s ‘Chapter 2’ mobile phone to earn $480.
Arbitrum Collaborates with HackQuest
According to Foresight News, Arbitrum announced a collaboration with Web3 developer training platform HackQuest. The goal of this collaboration is to launch a learning course called Arbitrum Stylus to teach developers how to use Arbitrum Stylus from scratch. Developers who successfully complete the course will receive a certificate jointly issued by Arbitrum and HackQuest.
Immutable zkEVM Rewards Ethereum Players Up to $50 Million
On Thursday, Ethereum gaming platform Immutable announced The Main Quest, which will offer players $50 million worth of token rewards for interacting with the new zkEVM network. Touted as the largest crypto gaming rewards program ever, this program will encourage players to engage in various activities as users of the Immutable zkEVM network using Polygon zkEVM technology.
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BITCOIN (BTC)
As of the morning hours, BTC is priced at $64,542 with a 0.05% gain in value. There is a horizontal band between $72,800 and $60,800. The middle region of the horizontal band, $67,000, is a critical area, and if there is a close above this level, increases up to $72,800 may be seen. For now, this area is working as resistance and the pullback continues. Since there was a rejection at $67,000, a retracement may occur up to $60,800. In the short term, there is a horizontal area between $66,780 and 60,790.
ETHEREUM (ETH)
ETH is priced at $3149.80 with a 0.14% loss of value as of the morning hours. There are ups and downs in the price between $3300 and $2900. Permanence above $ 3100 has been achieved. $3200 is a critical region and a large breakout occurred, but it could not be sustained. There was a rising trend in the short term, but this also gave a downward break. The first support now appears to be the $3050 region.
RIPPLE (XRP)
As of the morning hours, XRP is priced at $0.5330 with a 1.47% gain in value. There is a horizontal channel between $0.46 and $0.55. Yesterday, there was a move to the $0.51 level, but it could not be permanent. $0.55 is a critical level, and if it closes above this level, a rise to $0.60 may occur. If $0.55 acts as resistance, areas that could be support include $0.50 and $0.47.
AVALANCHE (AVAX)
AVAX is priced at $35.60 with a 0.03% gain in value as of the morning hours. There is a horizontal line between $40 and $31. It rose to $40 and was rejected. If a breakout of $39 occurs and persistence is achieved, a rise to $45 can be seen. If the pullback continues, pullbacks up to $35 and then up to $32 may be seen.
SOLANA (SOL)
SOL is priced at $143.95 with a 0.65% depreciation as of the morning hours. When we examine the hourly chart, we see that a double bottom formation has formed in the $143 region, which we follow as the support zone, and there is an upward reaction for now. If the movement continues, the $150 level can be followed as resistance and by passing this region, the $155 level can be tested. In case of withdrawals, if the $ 143 level is broken downwards, the $ 140 level can be followed.
CHAINLINK (LINK)
As of the morning hours, LINK is priced at $14,756 with a 1.09% gain in value. When we examine the hourly chart, we see that there is horizontal movement between the $14,415 and $14,800 levels. These two levels can be followed as main support and resistance zones. In case of persistence above the resistance zone in upward movements, the level of $ 15 and above $ 15,400 may be tested first. In case of withdrawals, the $ 14,500 region can be followed as support.
NEAR
NEAR is priced at $7,385 with a 3.62% gain in value as of the morning hours. When we examine the four-hour chart, we see that the resistance level of $ 7,240 was broken upwards. If this movement continues, the $7,610 level appears as resistance. In case of withdrawals, the $ 7,150 level can be followed as support.
MKR
As of the morning hours, MKR is priced at 2881 dollars with a 0.88% gain in value. When we examine the hourly chart, we see that a bottom image has formed and a reaction has been received from the $ 2800 level, which we follow as the support zone. If this reaction movement continues, the $2900 region appears as resistance. By passing the resistance zone, the $ 3000 level can be tested. In case of withdrawals, the $2850 region can be followed as support.
OUNCE OF GOLD
As of the morning hours, ounce gold is priced at 2338.34 dollars with a 0.27% gain in value. When we examine the four-hour chart, we see that there is no persistence above the $ 2400 level and at the same time, the short-term rising trend line has been broken downwards. If this withdrawal movement continues, the $ 2300 level and then the $ 2280 level can be followed as support. In upward movements, the 2380 and 2400 dollar regions appear as resistance.
OUNCE OF SILVER
Ounce silver is priced at $27.57 with a 0.45% gain in value as of the morning hours. When we examine the four-hour chart, we see that there is a short-term ascending channel movement. The peak of this channel movement is $27.75 and the bottom is $27.20. In case the resistance zone is broken in upward movements, the $28 level can be followed as resistance.
