Parrot Press is thrilled to announce that Consensus, a prominent event in the crypto conference scene, will be hosted in Miami, Florida in 2026. Scheduled for May 5-7, the event will...
Read moreParrot Press is thrilled to announce that Consensus, a prominent event in the crypto conference scene, will be hosted in Miami, Florida in 2026. Scheduled for May 5-7, the event will take place at the Miami Beach Convention Center.
Consensus is renowned for being the longest-running large-scale crypto event that brings together various facets of the industry. Originating in 2015 in New York City, Consensus transitioned to virtual during the pandemic before moving to Austin, Texas in 2022, 2023, and 2024. Recently, CoinDesk organized Consensus in Hong Kong, drawing over 10,000 attendees.
Consensus 2025, the flagship event in North America, will be held in Toronto on May 14-16. The event will feature keynote speakers such as Eric Trump, Charles Hoskinson, and Sergey Nazarov, with an anticipated attendance of up to 15,000 participants.
Michael Lau, Consensus Chairman expressed his excitement about the upcoming event in Miami in 2026. He highlighted Miami’s status as a leading tech and crypto hub, making it an ideal venue for fostering innovation and collaboration. Lau emphasized that Consensus in Miami will serve as a vital meeting point for industry innovators and leaders to engage in meaningful discussions and business opportunities.
Tickets for Consensus Miami will be available for purchase during the Consensus 2025 event in Toronto.
Revolut, the digital bank based in London, saw its profits exceed 1 billion pounds ($1.33 billion) in 2024, with a significant increase in revenue from cryptocurrency trading playing a key role....
Read moreRevolut, the digital bank based in London, saw its profits exceed 1 billion pounds ($1.33 billion) in 2024, with a significant increase in revenue from cryptocurrency trading playing a key role. The fintech group’s wealth revenue surged by 298% from 127.1 million pounds to just over 500 million pounds for the full year. This includes revenue from cryptocurrency, commodities, trading, and savings products.
In addition, Revolut celebrated surpassing 50 million customers for the first time in 2024, many of whom may have been interested in exploring cryptocurrency trading as the market soared. The price of Bitcoin (BTC) increased by over 120% during the year, which saw the approval of spot bitcoin ETFs in the U.S. in January and the victory of pro-crypto President Trump in November.
Revolut was not the only company to benefit from the surge in crypto trading. Other platforms such as Coinbase and Robinhood also reported increased activity in their crypto trading services. Both companies are expected to release their earnings reports in the coming weeks.
Overall, Revolut’s total revenue rose by 72% from 1.8 billion pounds to over 3 billion, with profits before tax exceeding 1 billion pounds after a nearly 150% increase from the previous year. Crypto trading has consistently contributed to Revolut’s earnings, with the company seeing its first annual profit in 2021 during another crypto bull market.
To learn more about Revolut’s plans to enhance crypto fraud protections with added security and risk scores, visit their website.
Over the past 24 hours, futures bets against higher crypto prices saw losses totaling over $500 million as a strong surge, potentially fueled by a U.S. decision to possibly ease China...
Read moreOver the past 24 hours, futures bets against higher crypto prices saw losses totaling over $500 million as a strong surge, potentially fueled by a U.S. decision to possibly ease China tariffs, resulted in the largest short liquidations since October.
Bitcoin (BTC) rallied from a low of $88,000 on Tuesday to above $93,500 during the Asian morning hours, leading a broader market jump with ether (ETH), Cardano’s ADA, and dogecoin (DOGE) all seeing a 14% increase. Solana’s SOL and XRP also rose by 7%, with all top hundred tokens by market cap showing gains.
Additionally, tokens like Sui Network’s SUI, UniSwap’s UNI, and Near Protocol saw strong gains of up to 18%. Memecoin mog (MOG) surged by 30%, continuing its trend of moving in sync with ETH.
Shorts worth nearly $530 million suffered losses as leveraged bets were unwound, with most short liquidations occurring on Bybit at $234 million, followed by Binance at $100 million and Gate at around $70 million. The largest single liquidation order involved an ETH futures position on Binance, valued at over $4.5 million.
Liquidations happen when an exchange closes a trader’s leveraged position due to a loss of the initial margin. This occurs when a trader doesn’t have enough funds to maintain the trade open.
The spike in crypto markets coincided with Trump’s comments about being open to positive trade talks with China and the possibility of reducing tariffs if a deal is reached. This news helped ease some of the cautious sentiment among traders.
Jeff Mei, COO at BTSE, shared his thoughts on the situation, mentioning the potential for rate cuts and a weakening U.S. dollar, which could explain the surge in bitcoin. If the U.S. dollar continues to depreciate, bitcoin may become a significant store of value as other currencies could also face depreciation.
Overall, the recent market movements reflect a mix of geopolitical factors and investor sentiment, pointing towards a potentially interesting period for the cryptocurrency market.
Bitcoin’s price surge and its comparison to gold as a safe-haven asset is gaining traction as global markets face volatility. In Asian trading hours, BTC climbed above $87,000 alongside other cryptocurrencies...
Read moreBitcoin’s price surge and its comparison to gold as a safe-haven asset is gaining traction as global markets face volatility. In Asian trading hours, BTC climbed above $87,000 alongside other cryptocurrencies like Cardano’s ADA, BNB Chain’s BNB, XRP, and ethereum (ETH). This rally reversed the recent declines and boosted tokens like Solana’s SOL by 5.2% in the past week.
The ongoing trade wars and fears of inflation have prompted investors to see bitcoin as a hedge similar to gold. Nick Ruck, director at LVRG Research, highlighted the changing correlation of bitcoin with U.S. equities and its strengthening connection to the price of gold. The recent surge in bitcoin to over $87,000 reflects renewed investor confidence amidst market stabilization following tariff-related panic.
Gold reached new highs above $3,380 per ounce, garnering year-to-date gains of 25%. Despite dropping over 20% from its January peak, bitcoin’s rally above $87,000 marks its highest level since early April. The weakening dollar, reflected in the three-year low of the dollar index (DXY), is driving investors towards safe-haven assets like gold, European bonds, and now, bitcoin.
Jeff Mei, COO at BTSE, pointed out the impact of President Trump’s actions on the U.S. dollar, leading investors to seek alternative assets such as bitcoin. With growing downward pressure on the dollar, bitcoin has the potential to become a safe-haven asset in the current economic climate.
In addition to market analysis, technical indicators reveal a positive outlook for cryptocurrencies like Cardano’s ADA, XRP, Solana’s SOL, and BNB. ADA is maintaining upward momentum with strong support levels, while XRP shows signs of breaking out from sideways trading. Solana’s rally above $135 is backed by strong volume confirmation, while BNB’s surge above $600 is supported by large holders and recent token burn events.
Overall, the narrative of bitcoin as “digital gold” is gaining traction as investors seek alternatives in times of market volatility and economic uncertainty.
Tags:AIAmericabitcoinbtcCoinbaseCryptoDonald TrumpdubaiETHEUgoldMoving AverageS&P 500solanaTariffsTradingTrumpUSXRP
By Parrot Press Staff President Donald Trump’s recent announcement of “reciprocal tariffs” this month has caused economic trade policy uncertainty to reach an all-time high. This has led investors to shy...
Read moreBy Parrot Press Staff
President Donald Trump’s recent announcement of “reciprocal tariffs” this month has caused economic trade policy uncertainty to reach an all-time high. This has led investors to shy away from risk assets, such as bitcoin (BTC) and other cryptocurrencies.
Federal Reserve Chairman Jerome Powell added fuel to the fire by stating late Wednesday that the central bank anticipates a rise in unemployment as the economy is likely to slow down and inflation is expected to increase. Powell mentioned that some of the tariffs imposed are likely to be paid by the public, further weighing on risk assets. This resulted in the Nasdaq dropping 1.17% and the S&P 500 decreasing by 2.24% before the closing bell. Despite this, bitcoin saw an increase of more than 1% in the past 24 hours. The CoinDesk 20 (CD20) index, which provides a broader market perspective, also saw a rise of 1.8%. However, the crypto market is more considered a gauge of risk rather than a safe haven, as reported by Coindesk.
According to Michael Brown, an analyst at Pepperstone, there is likely to be a growing demand for “assets which provide shelter from political incoherence and trade uncertainty,” as reported by The Telegraph. While bitcoin has outperformed the stock market, showing a 1% increase in the past month compared to the Nasdaq’s 8% drop, institutional investors are turning to gold as a safe haven investment.
Gold has seen an 11% increase over the last month and a 27% increase since the beginning of the year, reaching around $3,340 per troy ounce. A survey conducted by Bank of America’s Global Fund Manager revealed that 49% of fund managers view “long gold” as the most crowded trade on Wall Street, with 42% of them predicting it to be the best-performing asset of the year.
UBS analysts suggested that adding gold allocations has become more compelling due to the escalating tariff uncertainty, weaker growth, higher inflation, geopolitical risks, and diversification away from US assets and the US dollar, as reported by Investopedia.
Gold fund flows have reached $80 billion so far this year, while data from SoSoValue indicates that spot bitcoin ETFs have seen $5.25 billion net inflows in January, with net outflows occurring since the rise in uncertainty. In the month of April alone, over $900 million has exited these funds, following net outflows of $3.56 billion in February and $767 million in March. It is advised to stay alert in such an uncertain market environment.
In the latest Token Events updates, EigenLayer is implementing slashing on Ethereum mainnet, Pepecoin is undergoing its second halving, BNB Chain will be undergoing the opBNB mainnet hardfork, and Coinbase Derivatives will be listing XRP futures pending approval by the U.S. Commodity Futures Trading Commission.
Various conferences and events, such as CoinDesk’s Consensus in Toronto on May 14-16, NexTech Week Tokyo, Money20/20 Asia in Bangkok, Crypto Horizons 2025 in Dubai, and many more are scheduled to take place in the upcoming days.
In other news, Raydium’s LaunchLab platform has gone live, competing with Pump.fun and introducing a perceived competing platform to the Solana ecosystem. This has led to over 1,750 tokens being created shortly after LaunchLab’s debut, driving the price of Raydium’s RAY token up by as much as 10%.
On the technical analysis front, Bitcoin has rebounded off the golden pocket zone, showing strong buyer interest. It has broken out of the daily downtrend that has been in place since February, indicating a potential shift in structure. BTC is currently sitting below the daily 50 and 200 exponential moving averages, which act as important decision points for the price direction.
Overall, the market is seeing fluctuations due to economic uncertainty, geopolitical risks, and trade concerns, highlighting the importance of diversification and following market trends closely.
Token debuts can be a controversial topic, often facing criticism for their poor execution which allows individuals to profit through front-running campaigns by supposedly having insider information about upcoming launches. The...
Read moreToken debuts can be a controversial topic, often facing criticism for their poor execution which allows individuals to profit through front-running campaigns by supposedly having insider information about upcoming launches.
The most recent example is the “Base is for everyone” token introduced by Coinbase’s Ethereum Layer 2 solution Base. Three crypto wallets acquired tokens before the official announcement, resulting in significant profits, according to blockchain sleuth Lookonchain.
Base announced the token’s debut through Zora, an on-chain social network, at around 19:30 UTC on Wednesday. The token quickly reached a market capitalization of over $15 million, bringing substantial gains to at least three crypto addresses that purchased coins before the official announcement.
According to Lookonchain, three wallets bought a significant amount of “Base is for everyone” before Base’s announcement and made a profit of approximately $666K. One wallet address invested 1.5 ETH to purchase 256.39 million units of the token and sold it for 108 ETH after the official announcement, earning $168,000 in just over an hour. Another address made a profit of $266,000, and a third address earned $231,800.
Following the announcement of another coin for FarCon poster, the token’s market capitalization dropped to less than $2 million, resulting in losses for those who invested in the Base is for Everyone token. However, valuations have since recovered, with the market capitalization of Base is for everyone surpassing $18.
Base clarified that the Base is for everyone coin is not the official cryptocurrency of Base, and the layer 2 did not directly sell them. The legal disclaimer on Zora also confirmed that Base will never sell these tokens.
The rapid rise and fall of these smaller tokens can create a negative wealth effect, benefiting only a select few while the majority face losses. This can lead to a drain of liquidity from the broader digital assets market. This year’s debut of LIBRA and TRUMP tokens resulted in the destruction of millions in investor wealth, marking a significant price top in bitcoin and the broader crypto market.
A federal judge decided to halt a lawsuit involving 18 state attorneys general and a decentralized finance lobbyist group against the U.S. Securities and Exchange Commission (SEC) on Wednesday, in light...
Read moreA federal judge decided to halt a lawsuit involving 18 state attorneys general and a decentralized finance lobbyist group against the U.S. Securities and Exchange Commission (SEC) on Wednesday, in light of the SEC’s new leadership.
The state attorneys general, who are all Republicans, filed the lawsuit alongside the DeFi Education Fund in November following Donald Trump’s victory in the 2024 presidential election. They claimed that the SEC had overstepped its authority by suing crypto exchanges. In a recent filing, the SEC hinted that the new agency chair, Paul Atkins, could bring an end to the legal action.
The judge instructed the parties to submit a joint status report within 30 days and paused all deadlines for 60 days.
Initially, the lawsuit argued that the SEC’s enforcement actions were encroaching on the jurisdiction of state regulators over digital asset firms in their respective states. The lawsuit highlighted the different regulatory approaches taken by states to oversee digital assets, emphasizing the need for clear and manageable regulatory frameworks.
Congress is anticipated to address market structure legislation pertaining to federal regulators’ oversight of crypto this year, with key committees already conducting hearings on the matter.
Meanwhile, the SEC has dropped investigations and lawsuits against more than a dozen companies and put lawsuits against others on hold.
In a separate development, a lawsuit filed by the DeFi Education Fund, the Texas Blockchain Council, and the Blockchain Association against the Internal Revenue Service (IRS) was also withdrawn. This lawsuit contested the IRS’ DeFi broker rule as exceeding the agency’s authority.
Last week, President Trump signed a resolution nullifying the IRS’ DeFi broker rule under the Congressional Review Act, marking his first legislative action related to crypto as president. Following this development, the parties involved in the lawsuit stated that the legal action had become “moot” and no longer necessary.
Equity and crypto markets took a hit late Tuesday as Nvidia shares plummeted in after-hours trading following a $5.5 billion charge linked to the Trump administration’s ban on the company’s H20...
Read moreEquity and crypto markets took a hit late Tuesday as Nvidia shares plummeted in after-hours trading following a $5.5 billion charge linked to the Trump administration’s ban on the company’s H20 chip sales to China.
Bitcoin, the top cryptocurrency by market value, dropped to $83,600, continuing its decline from the earlier two-week high of $86,440. XRP and Cardano’s ADA token also saw decreases, with XRP falling over 2% to $2.08 and ADA slipping 4% to $0.61. The CoinDesk 20 Index, a broader market indicator, weakened by over 2%.
Shares related to artificial intelligence fared poorly as NVDA shares dropped 8% to $89.10 after the company revealed that it expects to write down $5.5 billion in the fiscal first quarter due to restricted exports of its H20 chip to China.
The futures linked to the Nasdaq index also fell over 1%, providing negative signals for risk assets. The upcoming U.S. retail sales report for March is expected to show a 1.2% increase in consumer spending, which could help alleviate recession concerns arising from trade tensions.
Federal Reserve Chairman Jerome Powell is scheduled to speak on Wednesday about his outlook for the U.S. economy. Market-based measures like inflation breakevens have decreased amid trade tensions, potentially giving the Fed room to cut rates.
Federal Reserve Governor Christopher Waller recently stated that the bank may need to quickly implement rate cuts if President Trump reinstates tariffs unveiled on April 2. Trump announced tariffs on 180 nations but suspended them for most nations, excluding China, for 90 days.
Tags:ADAAIAmericaAppleBinancebitcoinbtcCanadaCoinbaseCommunicationCryptodubaiETHEUFinancegoldJapanminerMoving AverageRobinhoodS&P 500solanaStrategyTeslaTradingTrumpUSXRP
By [Your Name] (All times ET unless indicated otherwise) Bitcoin (BTC) continues to defy global economic uncertainty, inching closer to reclaiming $86,000. It is now less than 3% away from its...
Read moreBy [Your Name] (All times ET unless indicated otherwise)
Bitcoin (BTC) continues to defy global economic uncertainty, inching closer to reclaiming $86,000. It is now less than 3% away from its “Liberation Day” high. To put the move into perspective, bitcoin dominance — which measures BTC’s share of the total cryptocurrency market cap — is approaching 64%, a level not seen since January 2021.
In contrast, the Nasdaq 100 is still 5% away from its own Liberation Day high, underscoring bitcoin’s relative strength versus U.S. equities.
According to X account Cheddar Flow, the S&P 500 has just formed a “death cross” — a traditionally bearish signal that occurs when the 50-day moving average falls below the 200-day moving average. The last time this happened was March 15, 2022, when S&P 500 initially rose by 11% in the following week, only to be followed by a 20% decline. Bearish sentiment is also reflected in the options market, where investors are reportedly buying large volumes of NVDA puts, signaling expectations of lower prices.
In a Bloomberg interview on Monday, Treasury Secretary Scott Bessent reaffirmed confidence in the U.S. bond market, dismissing concerns that foreign nations are dumping Treasuries.
“I am not seeing a dumping of U.S. Treasuries,” Bessent said. “The Treasury has lots of tools, but we’re a long way from needing them.” He also emphasized the enduring status of the U.S. dollar as the world’s reserve currency, despite the DXY index — which measures the dollar’s value against a basket of major trading partners — falling below 100 and dropping over 10% in recent weeks.
Bessent also confirmed that the Trump administration is seeking a new Federal Reserve Chair to replace Jerome Powell, with interviews set to begin later in the year. He concluded the interview by suggesting that the VIX (S&P 500 volatility index) may have peaked after the largest one-day percentage drop in its history last week. Stay alert!
What to Watch:
Crypto:
April 15: The first SmarDEX (SDEX) halving means the SDEX token’s distribution will be cut by 50% for the next 12 months.
April 16: HashKey Chain (HSK) mainnet upgrade enhances network stability and fee control capabilities.
April 17: EigenLayer (EIGEN) activates slashing on Ethereum mainnet, enforcing penalties for operator misconduct.
April 18: Pepecoin (PEP), a layer-1, proof-of-work blockchain, undergoes its second halving, reducing block rewards to 15,625 PEP per block.
April 20, 11 p.m.: BNB Chain (BNB) — opBNB mainnet hardfork.
April 21: Coinbase Derivatives will list XRP futures pending approval by the Commodity Futures Trading Commission (CFTC).
Macro:
April 15, 8:30 a.m.: Statistics Canada releases March consumer price inflation data.
Core Inflation Rate MoM Prev. 0.7%
Core Inflation Rate YoY Prev. 2.7%
Inflation Rate MoM Est. 0.6% vs. Prev. 1.1%
Inflation Rate YoY Est. 2.6% vs. Prev. 2.6%
April 16, 8:30 a.m.: The U.S. Census Bureau releases March retail sales data.
Retail Sales MoM Est. 1.4% vs. Prev. 0.2%
Retail Sales YoY Prev. 3.1%
April 16, 9:45 a.m.: Bank of Canada releases its latest interest rate decision, followed by a press conference 45 minutes later.
Policy Interest Rate Est. 2.75% vs. Prev. 2.75%
April 16, 1:30 p.m.: Fed Chair Jerome H. Powell will deliver an “Economic Outlook” speech. Livestream link.
April 17, 8:30 a.m.: U.S. Census Bureau releases March new residential construction data.
Housing Starts Est. 1.42M vs. Prev. 1.501M
Housing Starts MoM Prev. 11.2%
April 17, 8:30 a.m.: The U.S. Department of Labor releases unemployment insurance data for the week ended April 12.
Initial Jobless Claims Est. 226K vs. Prev. 223K
April 17, 7:30 p.m.: Japan’s Ministry of Internal Affairs & Communications releases March consumer price index (CPI) data.
Core Inflation Rate YoY Est. 3.2% vs. Prev. 3%
Inflation Rate MoM Prev. -0.1%
Inflation Rate YoY Prev. 3.7%
Earnings (Estimates based on FactSet data)
April 22: Tesla (TSLA), post-market
April 30: Robinhood Markets (HOOD), post-market
Token Events:
Governance votes & calls
Venus DAO is discussing the forced liquidation of the remaining debt owed by a BNB bridge exploiter account that “supplied extraneously minted BNB to Venus and generated an over-collateralized debt position.”
Aave DAO is discussing taking further steps to deprecate Synthetix’s sUSD on Aave V3 Optimism over technical developments that have “compromised its ability to consistently maintain its peg.”
GMX DAO is discussing the establishment of a GMX reserve on Solana, which would involve bridging $500,000 in GMX to the blockchain and transferring the funds to the GMX-Solana Treasury.
Treasure DAO is discussing handing the core contributor team the authority to wind down and close the Treasure Chain infrastructure on ZKsync and manage the primary MAGIC-ETH protocol-owned liquidity pool given the “crucial financial situation” of the protocol.
April 15, 10 a.m.: Injective to hold an X Spaces session with Guardian.
April 16, 7 a.m.: Aergo to host an Ask Me Anything (AMA) session on the future of decentralized artificial intelligence and the project.
April 16, 3 p.m.: Zcash to host a Town Hall on LockBox Distribution & Governance.
Unlocks
April 15: Sei (SEI) to unlock 1.09% of its circulating supply worth $10.08 million.
April 16: Arbitrum (ARB) to unlock 2.01% of its circulating supply worth $27.17 million.
April 18: Official Trump (TRUMP) to unlock 20.25% of its circulating supply worth $325.97 million.
April 18: Fasttoken (FTN) to unlock 4.65% of its circulating supply worth $82.60 million.
April 18: UXLINK (UXLINK) to unlock 11.09% of its circulating supply worth $18.29 million.
April 18: Immutable (IMX) to unlock 1.37% of its circulating supply worth $10.07 million.
Token Launches
April 15: WalletConnect Token (WCT) to be listed on Binance, Bitget, AscendEX, BingX, BYDFi, LBank, Coinlist and others.
April 16: Badger (BADGER), Balacner (BAL), Beta Finance (BETA), Cortex (CTXC), Cream Finance (CREAM), Firo (FIRO), Kava Lend (KAVA), NULS (NULS), Prosper (PROS), Status (SNT), TROY (TROY), UniLend Finance (UFT), VIDT DAO (VIDT) and aelf (ELF) to be delisted from Binance.
April 22: Hyperlane to airdrop its HYPER tokens.
Conferences:
Day 2 of 3: Morocco WEB3FEST GITEX Edition (Marrakech)
April 15: Strategic Bitcoin Reserve Summit (online)
Day 1 of 2: BUIDL Asia 2025 (Seoul)
Day 1 of 2: World Financial Innovation Series 2025 (Hanoi, Vietnam)
Day 1 of 3: NexTech Week Tokyo
April 22-24: Money20/20 Asia (Bangkok)
April 23: Crypto Horizons 2025 (Dubai)
April 23-24: Blockchain Forum 2025 (Moscow)
Token Talk
Story Protocol’s IP tokens experienced a 20% drop and recovery within hours during an unusual trading session on Monday.
Trading volume surged on exchanges including Binance and OKX Spot, with $138 million recorded after the price rebound.
The sudden price movement was isolated from broader market trends, sparking speculation about insider activity or coordinated selling.
Also on Monday, MANTRA’s OM token plummeted over 90% in hours, dropping from around $6.30 to as low as 37 cents and wiping out over $5 billion in market capitalization.
The token has since rebounded slightly to trade around 63 cents.
Laser Digital, a Nomura-backed investor, was initially flagged for depositing $41 million in OM to OKX, but the company denied selling, clarifying it was collateral return from a financing trade. Shorooq Investors also denied selling.
Derivatives Positioning
BTC shorts have been liquidated on most exchanges in the past 24 hours, excluding BitMEX and Gate.io, according to Coinglass. The opposite is the case in ETH.
XRP’s perpetual futures open interest has dropped from 544.7 million XRP to 480 million XRP, diverging from the price recovery seen since Monday last week.
SUI, ONDO, ADA and APT have seen a notable increase in futures open interest in the past 24 hours. Of those, XMR is the only one with the positive OI-adjusted cumulative volume delta, representing net buying pressure.
On Deribit, short-dated BTC and ETH options continue to show a bias for protective puts, suggesting cautious sentiment.
Flows on OTC desk Paradigm have been mixed with both calls and puts bought in the April expiry.
Market Movements:
BTC is up 1.19% from 4 p.m. ET Monday at $85,877.18 (24hrs: +1.35%)
ETH is up 0.59% at $1,645.30 (24hrs: -1.97%)
CoinDesk 20 is up 0.99% at 2,519.69 (24hrs: +0.19%)
Ether CESR Composite Staking Rate is up 18 bps at 3.18%
BTC funding rate is at 0.0184% (6.7003% annualized) on Binance
DXY is unchanged at 99.70
Gold is up 1.26% at $3,245.30/oz
Silver is up 0.81% at $32.35/oz
Nikkei 225 closed +0.84% at 34,267.54
Hang Seng closed +0.23% at 21,466.27
FTSE is up 0.92% at 8,209.04
Euro Stoxx 50 is up 0.82% at 4,951.51
DJIA closed on Tuesday +0.78% at 40,524.79
S&P 500 closed +0.79% at 5,405.97
Nasdaq closed +0.64% at 16,831.48
S&P/TSX Composite Index closed +1.18% at 23,866.50
S&P 40 Latin America closed +1.8% at 2,340.02
U.S. 10-year Treasury rate is up 1 bp at 4.39%
E-mini S&P 500 futures are up 0.12% at 5,447.25
E-mini Nasdaq-100 futures are up 0.26% at 18,983.25
E-mini Dow Jones Industrial Average Index futures are unchanged at 40,750.00
Bitcoin Stats:
BTC Dominance: 63.80 (0.16%)
Ethereum to bitcoin ratio: 0.01913 (-0.31%)
Hashrate (seven-day moving average): 896 EH/s
Hashprice (spot): $44.1 PH/s
Total Fees: 6.33 BTC / $536,017
CME Futures Open Interest: 134,730
BTC priced in gold: 26.6 oz
BTC vs gold market cap: 7.56%
Technical Analysis
On Monday, the bitcoin cash-bitcoin (BCH/BTC) ratio failed to penetrate the trendline characterizing the 12-month bear market.
A potential move above the trendline could see breakout traders join the market, lifting BCH higher.
Crypto Equities
Strategy (MSTR): closed on Monday at $311.45 (+3.82%), up 0.62% at $313.38 in pre-market
Coinbase Global (COIN): closed at $176.58 (+0.62%), up 1.28% at $178.84
Galaxy Digital Holdings (GLXY): closed at C$15.81 (+3.47%)
MARA Holdings (MARA): closed at $12.95 (+3.52%), up 1.24% at $13.11
Riot Platforms (RIOT): closed at $7.01 (-0.71%), up 0.71% at $7.06
Core Scientific (CORZ): closed at $7.06 (-0.14%)
CleanSpark (CLSK): closed at $7.78 (+3.73%), up 1.29% at $7.88
CoinShares Valkyrie Bitcoin Miners ETF (WGMI): closed at $12.70 (+1.44%), up 1.44% at $12.90
Semler Scientific (SMLR): closed at $34.26 (+1.48%)
Exodus Movement (EXOD): closed at $39.43 (-10.55%), unchanged in pre-market
ETF Flows
Spot BTC ETFs:
Daily net flow: $1.5 million
Cumulative net flows: $35.46 billion
Total BTC holdings ~1.11 million
Spot ETH ETFs
Daily net flow: -$6 million
Cumulative net flows: $2.28 billion
Total ETH holdings ~3.36 million
Source: Farside Investors
Overnight Flows
Chart of the Day Personalized: Disney’s Bob Iger to exit Apple’s board
In the Ether
**Insert interesting content about current events, stories, etc. in the crypto world**
That’s all for now, stay in-the-know with The Parrot Press for the latest updates and insights on the dynamic world of cryptocurrencies and finance!
World Liberty Financial, a crypto venture backed by the family of U.S. President Donald Trump, has recently purchased $775,000 worth of SEI tokens as part of its altcoin accumulation strategy. The...
Read moreWorld Liberty Financial, a crypto venture backed by the family of U.S. President Donald Trump, has recently purchased $775,000 worth of SEI tokens as part of its altcoin accumulation strategy. The acquisition was made using USDC transferred from the project’s main wallet to a trading wallet that has been used for previous altcoin purchases, as revealed by data from Arkham Intelligence.
This purchase of SEI tokens adds to the company’s expanding portfolio, which already includes popular cryptocurrencies like bitcoin (BTC) and ether (ETH), as well as TRX, movement (MOVE), ondo (ONDO), and other tokens.
World Liberty Financial has refuted recent reports claiming that they sold ether or any other assets, following allegations that a wallet linked to the project had sold around $8 million worth of the second-largest cryptocurrency. Despite this, the price of SEI tokens surged after the purchase was made public, rising by over 27% in the past week to now trade at $0.178 per token.
