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Sonic’s TVL Jumps 66% to $253M After rebranding from Fantom
The Sonic (S) blockchain, formerly known as Fantom, has seen a 66% surge in total value locked (TVL), reaching $253 million following its rebranding. According to Cointelegraph and DeFiLlama, Sonic’s TVL has skyrocketed from $153 million on January 16 to $253 million on January 28, reflecting a wave of renewed investor confidence.
This significant growth underscores the market’s positive reaction to Sonic’s transition, with the blockchain gaining traction in DeFi, smart contracts, and decentralized applications (dApps).
The Sonic (S) blockchain, formerly known as Fantom, has seen a 66% surge in total value locked (TVL), reaching $253 million following its rebranding. According to Cointelegraph and DeFiLlama, Sonic’s TVL has skyrocketed from $153 million on January 16 to $253 million on January 28, reflecting a wave of renewed investor confidence.
This significant growth underscores the market’s positive reaction to Sonic’s transition, with the blockchain gaining traction in DeFi, smart contracts, and decentralized applications (dApps).
A quick one
don't think the market will drop dramatically to a very low level. max drop will be 10-15%. that's all... don't let them fool you in buying high when they kickoff. get as much as you can with your spare savings and chill till March 2025 and cash out.
#Nogree4anyone $SOL $XRP $RENDER
don't think the market will drop dramatically to a very low level. max drop will be 10-15%. that's all... don't let them fool you in buying high when they kickoff. get as much as you can with your spare savings and chill till March 2025 and cash out.
#Nogree4anyone $SOL $XRP $RENDER
A quick one
don't think the market will drop dramatically to a very low level. max drop will be 10-15%. that's all... don't let them fool you in buying high when they kickoff. get as much as you can with your spare savings and chill till March 2025 and cash out.
#Nogree4anyone
don't think the market will drop dramatically to a very low level. max drop will be 10-15%. that's all... don't let them fool you in buying high when they kickoff. get as much as you can with your spare savings and chill till March 2025 and cash out.
#Nogree4anyone
Happy weekend #HMSTR
WAIT A MINUTE!!
I heard a rumor from the inside source that ELON MUSK wants to invest in Money Heist Token!
website
https://money-heist-token.site.xyz/
telegram id @MONEYHEISTTOKENPORTAL
How true is this?
#loveissharing
I heard a rumor from the inside source that ELON MUSK wants to invest in Money Heist Token!
website
https://money-heist-token.site.xyz/
telegram id @MONEYHEISTTOKENPORTAL
How true is this?
#loveissharing
Meet Binance MegaDrop: The Latest Airdrop Platform From Binance
After Binance Launchpool & Launchpad Binance Again Comes up with another user reward platform - Binance MegaDrop, a quest based Airdrop incentive for Binance app & Web3 Wallet Users.
#loveissharing
After Binance Launchpool & Launchpad Binance Again Comes up with another user reward platform - Binance MegaDrop, a quest based Airdrop incentive for Binance app & Web3 Wallet Users.
#loveissharing
JUST IN: 🇭🇰 Hong Kong approves spot Bitcoin & Ethereum ETF application.
now is your opportunity to join money heist token private sale. the vision and mission of this team are brilliant and i know your investment in this new token will yield returns. invest your money wisely while we prepare for the BTC halving season. future millionaire will be born this season.
Join $MHT on Telegram
@MONEYHEISTTOKENPORTAL
website: http://money-heist-token.site.xyz/
#loveissharing
now is your opportunity to join money heist token private sale. the vision and mission of this team are brilliant and i know your investment in this new token will yield returns. invest your money wisely while we prepare for the BTC halving season. future millionaire will be born this season.
Join $MHT on Telegram
@MONEYHEISTTOKENPORTAL
website: http://money-heist-token.site.xyz/
#loveissharing
Is the Crypto Market Falling Today?
April has witnessed another crypto market crash instead of entering into pre-halving price surge spirits. What's coming next?
Many crypto assets faced volatility issues recently, leading to the crypto market heatmap dominated by red. It has not happened for the first time, as with the start of the second quarter of 2024, the crypto market is going through major price fluctuations and volatility issues.
It demonstrates a market fall today where the cryptocurrencies are dipping. Many will be terrified of the market crash and might end up selling their crypto, initiating selling pressure.
Why Is The Crypto Market Falling Today?
Market volatility often leads to such price falls, crashing the crypto market. Reasons, like Market Sentiments and entering the correction zone, have been associated with this fall.
Market Sentiments
The fear and greed index data has shifted from yesterday’s score of 79 to 75, which is a shift from an almost too-greedy zone to a just greedy zone. It shows an increased selling pressure in the crypto market where the investors sell their cryptocurrencies instead of buying or HODL them.
Though the current sentiment shift has not been that huge, but compared to the March data, the market is slow.
Crypto Liquidation
99,403 crypto traders have been victims of liquidity in the last 24 hours. The total liquidation data contains $274.74 Million, and Bybit alone is responsible for the $8.38 Million in liquidations.
Bitcoin, Ethereum, and Solana are the most affected cryptocurrencies by this liquidation.
Market Correction Before Halving
Bitcoin halving is just a few days away, and the mining rewards will be half after that. It will help with maintaining the scarcity of Bitcoin as the production will decrease, but this will impact the miners.
The analysts have confirmed a Bitcoin correction before the halving events, which is happening right now. This correction might continue for a few days before entering the pre-halving price rally, followed by a long run post-halving.
#loveissharing $BTC $ETH $SOL
April has witnessed another crypto market crash instead of entering into pre-halving price surge spirits. What's coming next?
Many crypto assets faced volatility issues recently, leading to the crypto market heatmap dominated by red. It has not happened for the first time, as with the start of the second quarter of 2024, the crypto market is going through major price fluctuations and volatility issues.
It demonstrates a market fall today where the cryptocurrencies are dipping. Many will be terrified of the market crash and might end up selling their crypto, initiating selling pressure.
Why Is The Crypto Market Falling Today?
Market volatility often leads to such price falls, crashing the crypto market. Reasons, like Market Sentiments and entering the correction zone, have been associated with this fall.
Market Sentiments
The fear and greed index data has shifted from yesterday’s score of 79 to 75, which is a shift from an almost too-greedy zone to a just greedy zone. It shows an increased selling pressure in the crypto market where the investors sell their cryptocurrencies instead of buying or HODL them.
Though the current sentiment shift has not been that huge, but compared to the March data, the market is slow.
Crypto Liquidation
99,403 crypto traders have been victims of liquidity in the last 24 hours. The total liquidation data contains $274.74 Million, and Bybit alone is responsible for the $8.38 Million in liquidations.
Bitcoin, Ethereum, and Solana are the most affected cryptocurrencies by this liquidation.
Market Correction Before Halving
Bitcoin halving is just a few days away, and the mining rewards will be half after that. It will help with maintaining the scarcity of Bitcoin as the production will decrease, but this will impact the miners.
The analysts have confirmed a Bitcoin correction before the halving events, which is happening right now. This correction might continue for a few days before entering the pre-halving price rally, followed by a long run post-halving.
#loveissharing $BTC $ETH $SOL
Hong Kong likely to approve spot Bitcoin ETFs
Hong Kong reportedly expected to approve some ETFs next week and others in April.
$BTC #loveissharing
Hong Kong reportedly expected to approve some ETFs next week and others in April.
$BTC #loveissharing
How Much Will Bitcoin’s Price Go Up After This Month’s Halving?
The $1 trillion question: What will happen to Bitcoin’s price after halving?
If history is our guide, not much.
What did Bitcoin’s price do after the three previous halving events?
In 2012, bitcoin’s price languished for more than a month. In 2016, its price dropped and took four months to get back to even. In 2020, its price stayed flat for two months.
See for yourself:
Don’t be surprised if we get a similar outcome this time.
Typical operation
To summarize a far more nuanced, complicated story:
In 2024, we caught a massive bid. This round of speculative enthusiasm pushed Bitcoin’s price to a new all-time high. The market found itself overextended in a way we’ve never seen heading into a halving event.
Today, there’s no reason to think this market can’t go a little higher for a little longer, simply on the momentum it’s built up for months.
Stepping back from the day-to-day commotion, we’re still at extremes on many market metrics and overdue for a substantial correction.
It all makes sense and fits historical patterns. I guess we’ll see whether these bids keep pouring in at the pace we’ve seen in the past two months. Otherwise, we could have a bumpy road ahead.
But Mark, the ETFs!
Those Wall Street ETFs have taken in $12 billion in new inflows.
While that is a substantial accomplishment and certainly helpful, it can’t count for the $650 billion rise in Bitcoin’s market cap — even if you give the ETFs a generous multiplier effect.
Anyway, how sure are you that Aunt Sally, Uncle Morton, and the pickleball crew haven’t already gotten their 1–3% allocation? If that’s the case, they have no reason to put more money into the ETFs.
#loveissharing $BTC
The $1 trillion question: What will happen to Bitcoin’s price after halving?
If history is our guide, not much.
What did Bitcoin’s price do after the three previous halving events?
In 2012, bitcoin’s price languished for more than a month. In 2016, its price dropped and took four months to get back to even. In 2020, its price stayed flat for two months.
See for yourself:
Don’t be surprised if we get a similar outcome this time.
Typical operation
To summarize a far more nuanced, complicated story:
In 2024, we caught a massive bid. This round of speculative enthusiasm pushed Bitcoin’s price to a new all-time high. The market found itself overextended in a way we’ve never seen heading into a halving event.
Today, there’s no reason to think this market can’t go a little higher for a little longer, simply on the momentum it’s built up for months.
Stepping back from the day-to-day commotion, we’re still at extremes on many market metrics and overdue for a substantial correction.
It all makes sense and fits historical patterns. I guess we’ll see whether these bids keep pouring in at the pace we’ve seen in the past two months. Otherwise, we could have a bumpy road ahead.
But Mark, the ETFs!
Those Wall Street ETFs have taken in $12 billion in new inflows.
While that is a substantial accomplishment and certainly helpful, it can’t count for the $650 billion rise in Bitcoin’s market cap — even if you give the ETFs a generous multiplier effect.
Anyway, how sure are you that Aunt Sally, Uncle Morton, and the pickleball crew haven’t already gotten their 1–3% allocation? If that’s the case, they have no reason to put more money into the ETFs.
#loveissharing $BTC
hello everyone
so i want to help some people by sharing one of my future trading. Right now as of the time of writing this post, i will be Shorting $NEO so if you're with me lets hear you in the comments section. Staking high and will be adding my exit.
#loveissharing
so i want to help some people by sharing one of my future trading. Right now as of the time of writing this post, i will be Shorting $NEO so if you're with me lets hear you in the comments section. Staking high and will be adding my exit.
#loveissharing
I will be selecting 20 random people Soon! to receive a gift of $100 each! To qualify, make sure you follow me, comment, and like this post. Good luck!
#loveissharing
#loveissharing
hey there!
I made a lot of gains today while trading futures on Binance ( I am not going to say the exact Amount though 🤭 ) . I want to show some love💜, I will be gifting $100 each to 20 random people who follows me, Comments and likes this message!
Good luck!
I made a lot of gains today while trading futures on Binance ( I am not going to say the exact Amount though 🤭 ) . I want to show some love💜, I will be gifting $100 each to 20 random people who follows me, Comments and likes this message!
Good luck!
I'm buying a new cryptocurrency similar to #BOME . I missed #Shiba and #pepe but i wont miss this new token and the best part is that its not launched yet. So i get to invest early and make more money when they finally launch and starts marketing💥. I have read their WhitePaper and the Team is Solid.
http://money-heist-token.site.xyz/
http://money-heist-token.site.xyz/
Crypto Bros 'Choose Rich' As Elon Musk And Others Chime In On Twitter
Before your reading,Don't miss coins like $MHT again! Click here to find new MHT!
http://money-heist-token.site.xyz/
NFTNick is a well-known social media influencer who is hoping to woo the masses through a variety of wealth-backed posts on social media. His stunts have included all of the props of an influencer, ranging from a boat in Miami to a New York City penthouse, all within the same week.
Nick also lauds the phrase "choose rich," which is meant to show off his wealth and help grow his social media presence. He usually will say the phrase in some exotic location, whereby he can flex his affluence and create some buzz on X.
However, NFTNick's wild experiences were quickly proven to be less exciting than he made them out to be. It's hard to fool millions of viewers on the internet into believing a lie. Take a look at some of the biggest uncoverings made by NFTNick's following in the past week.
Nick started the week in Miami, posting a selfie on a boat with him and his crypto bros, captioned, "This is who you're trading against." Commenters were quick to point out that a clipboard with a liability waiver was clearly in the background, indicating that Nick was renting the boat for the day, instead of owning the boat, which is what was implied.
"Really weird behavior to pretend like you bought something you clearly only rented for a few hours. If you're gonna sell your lie you need to do better at not leaving the liability waiver in the shot," one commenter posted.
Nick quickly responded with a video of him going over the successful tokens and non-fungible token (NFT) projects he has invested in, followed by saying, "Keep doubting. Look at us now."
Nick's next stop was in New York City two days later. He posted a video in his "NYC penthouse" where he was holding a bottle of champagne that he claimed to cost $5,000 but is a bottle of Tattinger Champagne that cost $85. However, a lie like this is almost impossible to sneak by a hoard of people critiquing your every move.
Before your reading,Don't miss coins like $MHT again! Click here to find new MHT!
http://money-heist-token.site.xyz/
NFTNick is a well-known social media influencer who is hoping to woo the masses through a variety of wealth-backed posts on social media. His stunts have included all of the props of an influencer, ranging from a boat in Miami to a New York City penthouse, all within the same week.
Nick also lauds the phrase "choose rich," which is meant to show off his wealth and help grow his social media presence. He usually will say the phrase in some exotic location, whereby he can flex his affluence and create some buzz on X.
However, NFTNick's wild experiences were quickly proven to be less exciting than he made them out to be. It's hard to fool millions of viewers on the internet into believing a lie. Take a look at some of the biggest uncoverings made by NFTNick's following in the past week.
Nick started the week in Miami, posting a selfie on a boat with him and his crypto bros, captioned, "This is who you're trading against." Commenters were quick to point out that a clipboard with a liability waiver was clearly in the background, indicating that Nick was renting the boat for the day, instead of owning the boat, which is what was implied.
"Really weird behavior to pretend like you bought something you clearly only rented for a few hours. If you're gonna sell your lie you need to do better at not leaving the liability waiver in the shot," one commenter posted.
Nick quickly responded with a video of him going over the successful tokens and non-fungible token (NFT) projects he has invested in, followed by saying, "Keep doubting. Look at us now."
Nick's next stop was in New York City two days later. He posted a video in his "NYC penthouse" where he was holding a bottle of champagne that he claimed to cost $5,000 but is a bottle of Tattinger Champagne that cost $85. However, a lie like this is almost impossible to sneak by a hoard of people critiquing your every move.
Bitcoin ETF: SEC Declares First Trust’s Application “Abandoned”
Before your reading, Don't miss coins like $MHT again! Click here to find new MHT!
http://money-heist-token.site.xyz/
The US SEC has declared the First Trust SkyBridge Bitcoin ETF application "Abandoned" after 9 months of application
STORY HIGHLIGHTS
First Trust SkyBridge Bitcoin ETF application has been declared "Abandoned" by the US SEC
This is a rare case of Bitcoin ETF application that never materializes
Other spot Bitcoin ETFs have been greenlighted and thriving today
After several months of lying fallow, First Trust SkyBridge Bitcoin ETF has been declared “abandoned” by the United States Securities and Exchange Commission (SEC).
Abandoned ETF Application
According to the screenshot shared by senior Bloomberg ETF analyst Eric Balchunas, on March 12, 2024, the U.S. SEC officially ordered that the registration statement for spot Bitcoin ETF of the duo First Trust and SkyBridge be declared as abandoned. The regulator confirmed that First Trust and SkyBridge had jointly filed a registration statement to register securities under Section 6(a) of the Securities Act of 1933.
Before the recent announcement from the U.S. regulator, the application had spent up to nine months on the SEC’s desk and was yet to become effective. First Trust SkyBridge was sent a notification informing them that the registration statement would be declared abandoned if no action is taken to either withdraw or amend the filing. Unfortunately, no response was received in this regard.
The lack of response or action from the asset managers prompted the decision of the SEC. It is worth noting that this is not the first time the duo would be applying to list spot Bitcoin ETF. In 2022, the SEC rejected the application as it did with others at the time.
The rejection followed an initial interest to list an ETF on the New York Stock Exchange in March 2021.
Before your reading, Don't miss coins like $MHT again! Click here to find new MHT!
http://money-heist-token.site.xyz/
The US SEC has declared the First Trust SkyBridge Bitcoin ETF application "Abandoned" after 9 months of application
STORY HIGHLIGHTS
First Trust SkyBridge Bitcoin ETF application has been declared "Abandoned" by the US SEC
This is a rare case of Bitcoin ETF application that never materializes
Other spot Bitcoin ETFs have been greenlighted and thriving today
After several months of lying fallow, First Trust SkyBridge Bitcoin ETF has been declared “abandoned” by the United States Securities and Exchange Commission (SEC).
Abandoned ETF Application
According to the screenshot shared by senior Bloomberg ETF analyst Eric Balchunas, on March 12, 2024, the U.S. SEC officially ordered that the registration statement for spot Bitcoin ETF of the duo First Trust and SkyBridge be declared as abandoned. The regulator confirmed that First Trust and SkyBridge had jointly filed a registration statement to register securities under Section 6(a) of the Securities Act of 1933.
Before the recent announcement from the U.S. regulator, the application had spent up to nine months on the SEC’s desk and was yet to become effective. First Trust SkyBridge was sent a notification informing them that the registration statement would be declared abandoned if no action is taken to either withdraw or amend the filing. Unfortunately, no response was received in this regard.
The lack of response or action from the asset managers prompted the decision of the SEC. It is worth noting that this is not the first time the duo would be applying to list spot Bitcoin ETF. In 2022, the SEC rejected the application as it did with others at the time.
The rejection followed an initial interest to list an ETF on the New York Stock Exchange in March 2021.
Crypto Attorney Jake Chervinsky Explains the Bear Case for a Spot Ether ETF Approval in May
Before your reading,
Don't miss coins like $MHT again! Click here to find new MHT!
http://money-heist-token.site.xyz/
Jake Chervinsky, CLO of Variant, a crypto-focused venture capital firm, explained that he was pessimistic about U.S. regulators approving a spot ether ETF this May. Chervinsky stated that the SEC’s combative attitude, willingness to go to court to fight this kind of approval, and lack of details on the initiative, signaled a bad outcome for a spot ethereum ETF.
Jake Chervinsky’s Pessimistic Approach to the Approval of a Spot Ether ETF
While greenlighting a series of spot bitcoin exchange-traded fund (ETF) products has ignited the hope of a quick approval of a similar ether-based product by the U.S. Securities and Exchange Commission (SEC), some are not so convinced. Jake Chervinsky, CLO of the crypto-focused VC firm Variant, believes that the SEC will not approve a spot ether ETF so easily, given the organization’s history of fighting crypto initiatives.
As part of the explanation for his bearish outcome, Chervinsky stated that the SEC “dislikes crypto as a concept, sees no value in the technology, and thinks attacking it is politically advantageous,” making it a natural enemy of these proposals. Due to this stance, Chervinsky believes that the SEC is ‘willing to take litigation risk and lose in court based on a preference for being viewed as “fighters” in a war against crypto.’
The political angle is also part of Chervisnly’s reasons for doubting a possible greenlighting of a spot ether trading fund this year. He detailed that the SEC might block this approval because it seeks to please elected officials “who have made anti-crypto a core part of their platform and vocally criticized the SEC for approving spot BTC ETFs.”
Also, Chervinsky states that the SEC has, until now, made little effort to convene on the details necessary for approving and listing such a product, perhaps to come up with new reasons for this denial.
Before your reading,
Don't miss coins like $MHT again! Click here to find new MHT!
http://money-heist-token.site.xyz/
Jake Chervinsky, CLO of Variant, a crypto-focused venture capital firm, explained that he was pessimistic about U.S. regulators approving a spot ether ETF this May. Chervinsky stated that the SEC’s combative attitude, willingness to go to court to fight this kind of approval, and lack of details on the initiative, signaled a bad outcome for a spot ethereum ETF.
Jake Chervinsky’s Pessimistic Approach to the Approval of a Spot Ether ETF
While greenlighting a series of spot bitcoin exchange-traded fund (ETF) products has ignited the hope of a quick approval of a similar ether-based product by the U.S. Securities and Exchange Commission (SEC), some are not so convinced. Jake Chervinsky, CLO of the crypto-focused VC firm Variant, believes that the SEC will not approve a spot ether ETF so easily, given the organization’s history of fighting crypto initiatives.
As part of the explanation for his bearish outcome, Chervinsky stated that the SEC “dislikes crypto as a concept, sees no value in the technology, and thinks attacking it is politically advantageous,” making it a natural enemy of these proposals. Due to this stance, Chervinsky believes that the SEC is ‘willing to take litigation risk and lose in court based on a preference for being viewed as “fighters” in a war against crypto.’
The political angle is also part of Chervisnly’s reasons for doubting a possible greenlighting of a spot ether trading fund this year. He detailed that the SEC might block this approval because it seeks to please elected officials “who have made anti-crypto a core part of their platform and vocally criticized the SEC for approving spot BTC ETFs.”
Also, Chervinsky states that the SEC has, until now, made little effort to convene on the details necessary for approving and listing such a product, perhaps to come up with new reasons for this denial.
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