❓ What happened in #Crypto in the past 24 hours
1. Market Trends
▪️ $BTC is in a sideways movement, after a strong surge in the past two days, it's taking a breather 😆, currently priced around 93000
▪️ $ETH has stabilized, currently fluctuating in the 1750 -1850 range
▪️ $SOL is on the rise, with the $SOL version of MicroStrategy going live, buying $SOL bonds to continue purchases, just waiting for a full recovery on-chain to push prices higher
▪️ Altcoins are mixed, with $TRUMP seeing a rise of over 30% in 24 hours, as the president himself called it
2. On-chain News
▪️ The total TVL across the chain today is 95.087B, up nearly 5B compared to yesterday
▪️ Some on-chain funds have moved to the secondary market, with $TROLL peaking at 30M, currently market cap has fallen back to around 20M; $DARK has seen a 14% increase in 24 hours, currently fluctuating around a market cap of 30M
3. Hot News
▪️ New Hampshire Senate Finance Committee votes to pass Bitcoin reserve bill
▪️ @zksync has fully recovered the stolen $5 million
▪️ Following California, 11 more states in the U.S. have sued the Trump administration for “illegal” tariff policies
▪️ Tim Beiko confirms Ethereum mainnet will execute the Pectra upgrade on May 7
▪️ Trump @realDonaldTrump will host a “TRUMP DINNER” banquet for $TRUMP token holders
▪️ Analysis: Most hedge funds expect $BTC's dominance to continue rising, the altcoin season may be delayed
▪️ Ethereum L2 Reddio announces token economic model: total supply of 10 billion, with community allocation at 8%
▪️ New SEC Chairman Paul Atkins will speak at the next cryptocurrency roundtable
▪️ Canary registers $SEI ETF in Delaware
▪️ SOL Strategies reaches a $500 million convertible note financing agreement, intended for increasing SOL holdings
▪️ SEC confirms VanEck's submission of a spot Avalanche ETF
▪️ Riot Platforms reaches a $100 million credit agreement with Coinbase Credit
▪️ The Salvadoran National Digital Asset Commission and others submit a cross-border regulatory sandbox cooperation proposal to the SEC
#Crypto $BTC $ETH $SOL $TRUMP $SEI
