🔺The market is mixed: while BTC gains +0.9%, Ethereum and most altcoins decrease by -1..6%. However, a number of coins are showing decent movements: FARTCOIN and KAS have increased by +14%, while DEEP and WHITE tokens surged by +50% overnight.
🔺The SP500 index closed Monday with a large red candle at -2.36%, amid new attacks from Trump on the head of the Federal Reserve. Markets are frightened that the president is looking for loopholes in the law to fire J. Powell and achieve a rate cut. The Nasdaq and Dow Jones indices also fell by -3%. Capital is fleeing to safe assets: gold (GOLD) set a new record yesterday at 3,494$. Bitcoin is also holding up well.
🔺The STRK token gained +11% over the week, amid the launch of a full L2 layer for BTC. Now, BTC can be exchanged for wBTC and wrapped tokens can be sent to DeFi protocols: staking, farming, and working in liquidity pools. The participation process is much cheaper than in Ethereum + transactions are secured by the Bitcoin network.
🔺The long-awaited project ZORA (which attracted +60 million $ in investments) announced the listing and airdrop of its coins on April 23. 10% of the emission is allocated for the airdrop, and the total supply (according to the tokenomics) will be 10 billion coins. In pre-market, the token is currently trading at 0.019$.
🔺Crypto projects that donated large sums to Trump's inauguration fund. Likely, the projects can expect future support from the president👇
