Crypto market

BTC — $30941 +2.84%. Bitcoin breaks to $31k. Another bullish round began in the morning trading on the Asian market.

Alt charts are green. The investor sentiment index rose 7 points and showed greed (68). The trading volume on the stock exchanges is $57.8 billion.

Growth leaders among altcoins - ARB, RPL, WOO.

Fall leaders are FTT, QNT, LEO.

BTC dominance is 47.86%.

Alt season index 14.

 

The Saga crypto smartphone from Solana is coming out today.

 

This is a premium gadget with a 6.67-inch OLED display, 512GB storage, 12GB RAM, Snapdragon 8+ Gen 1 processor.

It is designed to work with applications based on the Solana blockchain.

You can trade tokens, create NFTs, and play online games.

The official presentation is scheduled for 8 pm. Live broadcast expected.

The SOL token has already gained 4.75% in a day.

 

Ethereum rises above $2000

 

This happened for the first time since August after a successful update that completed the transition to the PoS block mining algorithm.

In fact, this is the ETH price increase that was expected in the fall after the Merge update, which marked the transition from mining to staking.

It's too early to draw any conclusions, but I think the Ether supporters who didn't sell it in previous bearish cycles will still hold ETH and the price of the token.

 

More Cryptocurrency Charts and Investor Information are Coming to Twitter

 

Twitter shows prices for some types of cryptocurrencies when you enter the name or ticker (BTC) into the search.

At the start, prices were loaded thanks to a partnership with the TradingView analytics service.

The social network has now partnered with the eToro trading app and will show prices and information on more digital assets right in the app.

 

In the US, the US Consumer Price Index (CPI) has been published.

 

Expected 5.2%. In fact, 5% came out. This means that despite the collapse of 3 US banks in March, US inflation remains under control.

On an annualized basis, this figure is also decreasing. So, if other macro indicators do not fail, I think in April the cue ball will go above $35k.

 

Shiba Inu is to launch Metaverse v 1.0 in December.

 

It will include 100,595 plots of land.

Landowners will be able to receive passive income from virtual real estate, accumulate in-game resources and receive rewards.

Players will be able to create their own avatars, like humanoid dogs, to explore the in-game economy.

 

$13 million was withdrawn from the South Korean exchange Gdac.

 

The hackers hacked into the platform's hot wallet and transferred money in several digital currencies to their wallet address.

The hackers got 60.8 BTC, 350 ETH, 220,000 USDT, and about 10 million WEMIX tokens. This is approximately 23% of the exchange's reserves.

The exchange announced that it would stop accepting deposits and withdrawals of digital currencies until a vulnerability is discovered.

 

Bitcoin broke through $30,000 on the 11th of April

 

The cryptocurrency went up in the evening, and by 5 am, during trading on the Asian market, it reached $30,420.

The cryptocurrency added 6.12% per day and over 8% per week. At this price, the crypto was traded 11 months ago.

The alt market is green. Ethereum gained 3.52% on Wednesday ahead of the Shanghai update and is trading at $1,919.

 

Texas is considering issuing a gold-backed cryptocurrency.

 

Local legislators want to create as much crypto as there is gold in the state reserve.

Local senators are considering 2 bills with a similar proposal and 4903 at once.

If one of the laws is adopted, it can come into effect as early as September 1 of this year.

 

Germany will digitize capital markets by issuing e-shares on the blockchain.

 

The country plans to create a favorable environment for startups and investors.

To this end, to enter the stock exchanges, the minimum capital of companies will be reduced from 1.25 million euros to 1 million euros.

And e-shares will facilitate large investments in start-ups and small businesses to attract foreign capital.

 

The Thai party Pheu Thai, in case of victory, will distribute $300 in crypto to all residents.

 

The "scholarship", as explained by the candidates, will be provided to all Thai residents over 16 through digital wallets as early as 2024.

If the candidate from this party becomes the next prime minister of the country and forms his own government.

A crypto project could cost the government $15-$18 billion since there are 50-60 million people over 16 in the country.

 

The Metamask wallet will start checking the scam against the blacklists of 2 services.

 

At the start, data from OpenSea and Blockaid will be used. Other platforms may be added later.

Before the transaction, users will be able to check the address of someone else's wallet for fraudulent and malicious connections (signature farming, emptying wallets).