SamOnion
Onion Crypto
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#CryptoMarketCapBackTo $3T
The build-up within #Crypto is massive.
I do believe we're at the forefront of the big breakout to occur and the first signs start to show up this week.
$ETH remains to be the leader of the pack.
The build-up within #Crypto is massive.
I do believe we're at the forefront of the big breakout to occur and the first signs start to show up this week.
$ETH remains to be the leader of the pack.
$ETH
đ¨đŁ: Bitcoin exchange-traded funds (ETFs) attracted nearly $1 billion in new capital, with BlackRock's IBIT fund dominating the flows.
- Market favorites, Bitcoin ETFs, saw a total of $4.09 billion change hands, with net assets rising to $106.39 billion.
- However, Ethereum ETFs saw a short-term outflow, with $23.88 million leaving the market.
- BlackRock's ETHA accounted for the bulk of the movement, while Grayscale's ETH managed to mitigate the impact.
- Total trading volume for the Ethereum ETF was $432.87 million, with net assets of $5.93 billion.
đ¨đŁ: Bitcoin exchange-traded funds (ETFs) attracted nearly $1 billion in new capital, with BlackRock's IBIT fund dominating the flows.
- Market favorites, Bitcoin ETFs, saw a total of $4.09 billion change hands, with net assets rising to $106.39 billion.
- However, Ethereum ETFs saw a short-term outflow, with $23.88 million leaving the market.
- BlackRock's ETHA accounted for the bulk of the movement, while Grayscale's ETH managed to mitigate the impact.
- Total trading volume for the Ethereum ETF was $432.87 million, with net assets of $5.93 billion.
#EthereumFuture
đ¨đŁ: Bitcoin exchange-traded funds (ETFs) attracted nearly $1 billion in new capital, with BlackRock's IBIT fund dominating the flows.
- Market favorites, Bitcoin ETFs, saw a total of $4.09 billion change hands, with net assets rising to $106.39 billion.
- However, Ethereum ETFs saw a short-term outflow, with $23.88 million leaving the market.
- BlackRock's ETHA accounted for the bulk of the movement, while Grayscale's ETH managed to mitigate the impact.
- Total trading volume for the Ethereum ETF was $432.87 million, with net assets of $5.93 billion.
đ¨đŁ: Bitcoin exchange-traded funds (ETFs) attracted nearly $1 billion in new capital, with BlackRock's IBIT fund dominating the flows.
- Market favorites, Bitcoin ETFs, saw a total of $4.09 billion change hands, with net assets rising to $106.39 billion.
- However, Ethereum ETFs saw a short-term outflow, with $23.88 million leaving the market.
- BlackRock's ETHA accounted for the bulk of the movement, while Grayscale's ETH managed to mitigate the impact.
- Total trading volume for the Ethereum ETF was $432.87 million, with net assets of $5.93 billion.
$TRUMP
đ¨đŁ: Russia Launches Cryptocurrency Exchange for Qualified Investors
- The Central Bank of Russia and the Ministry of Finance are set to launch a cryptocurrency exchange targeting "highly qualified investors" as part of a pilot legal regime to legitimize digital assets.
- The initiative aims to bring cryptocurrency transactions into a regulated framework, enhancing market transparency and expanding investment opportunities for experienced investors.
- Qualified investors will be defined as individuals with investments exceeding 100 million rubles or annual income exceeding 50 million rubles.
- This move signals a shift toward cryptocurrency adoption in Russia, despite previous restrictions on digital asset payments imposed by President Putin.
đ¨đŁ: Russia Launches Cryptocurrency Exchange for Qualified Investors
- The Central Bank of Russia and the Ministry of Finance are set to launch a cryptocurrency exchange targeting "highly qualified investors" as part of a pilot legal regime to legitimize digital assets.
- The initiative aims to bring cryptocurrency transactions into a regulated framework, enhancing market transparency and expanding investment opportunities for experienced investors.
- Qualified investors will be defined as individuals with investments exceeding 100 million rubles or annual income exceeding 50 million rubles.
- This move signals a shift toward cryptocurrency adoption in Russia, despite previous restrictions on digital asset payments imposed by President Putin.
#BTCvsMarkets
đ¨đŁ: Demand for Bitcoin mining in Paraguay could lead to a potential energy collapse by 2029, according to the Paraguayan Industrial Union (UIP).
The country's electricity is primarily generated by the Itaipu Dam, which produced 83,879 terawatt-hours in 2023.
The union warns that if demand continues to rise without increased power generation, power outages could occur.
To avoid this, the IUP proposes using Argentina's natural gas export deal with Brazil to provide a corridor and build energy infrastructure.
Despite the government's hostile policies toward mining, companies like Hive Digital are expected to increase their capacity.
đ¨đŁ: Demand for Bitcoin mining in Paraguay could lead to a potential energy collapse by 2029, according to the Paraguayan Industrial Union (UIP).
The country's electricity is primarily generated by the Itaipu Dam, which produced 83,879 terawatt-hours in 2023.
The union warns that if demand continues to rise without increased power generation, power outages could occur.
To avoid this, the IUP proposes using Argentina's natural gas export deal with Brazil to provide a corridor and build energy infrastructure.
Despite the government's hostile policies toward mining, companies like Hive Digital are expected to increase their capacity.
#DinnerWithTrump
đ¨đŁ: TRON Network Exceeds $70 Billion in Circulating USDT
- TRON DAO announced that the circulating supply of Tether (USDT) on its blockchain has surpassed $70 billion, driven by the growing demand for efficient blockchain solutions.
- The TRON network has over 302 million accounts and has processed over 10 billion transactions, facilitating an average of $19 billion in USDT transfers daily.
- TRON has established the T3 Financial Crimes Unit to combat illicit activities and has successfully frozen over $150 million in assets in collaboration with law enforcement.
- The network's growth underscores its role in promoting financial access and interoperability while fostering a secure and inclusive blockchain infrastructure.
đ¨đŁ: TRON Network Exceeds $70 Billion in Circulating USDT
- TRON DAO announced that the circulating supply of Tether (USDT) on its blockchain has surpassed $70 billion, driven by the growing demand for efficient blockchain solutions.
- The TRON network has over 302 million accounts and has processed over 10 billion transactions, facilitating an average of $19 billion in USDT transfers daily.
- TRON has established the T3 Financial Crimes Unit to combat illicit activities and has successfully frozen over $150 million in assets in collaboration with law enforcement.
- The network's growth underscores its role in promoting financial access and interoperability while fostering a secure and inclusive blockchain infrastructure.
$ETH
đ¨đŁ: Trump Media & Technology Group (TMTG), the company behind Truth Social, is expanding into digital assets and finance through exchange-traded funds (ETFs).
The company has partnered with Crypto.com and Yorkville America Digital to launch a suite of ETFs under the "Truth.Fi" brand, aiming to combine exposure to digital assets with key US sectors such as energy.
The funds could launch later this year and be accessible across North America, Europe, and Asia via existing brokerage platforms.
TMTG will commit up to $250 million of its own capital to these new financial instruments, with Charles Schwab serving as lead custodian.
đ¨đŁ: Trump Media & Technology Group (TMTG), the company behind Truth Social, is expanding into digital assets and finance through exchange-traded funds (ETFs).
The company has partnered with Crypto.com and Yorkville America Digital to launch a suite of ETFs under the "Truth.Fi" brand, aiming to combine exposure to digital assets with key US sectors such as energy.
The funds could launch later this year and be accessible across North America, Europe, and Asia via existing brokerage platforms.
TMTG will commit up to $250 million of its own capital to these new financial instruments, with Charles Schwab serving as lead custodian.
#MarketRebound
đ¨đŁ: Bitcoin exchange-traded funds (ETFs) saw a surge in inflows, with $381.40 million of new capital flowing into the market on April 21, marking the second consecutive day of inflows.
- ARKB led the surge with $116.13 million inflows, followed by FBTC with $87.61 million.
- Bitwise's BITB fund and Blackrock's IBIT fund also contributed $45.08 million and $41.62 million, respectively.
- Grayscale funds also participated, with GBTC receiving $36.60 million and Bitcoin adding $32.55 million.
- However, Ethereum ETFs remained affected by the decline, with stark contrasts affecting the ETF narrative.
đ¨đŁ: Bitcoin exchange-traded funds (ETFs) saw a surge in inflows, with $381.40 million of new capital flowing into the market on April 21, marking the second consecutive day of inflows.
- ARKB led the surge with $116.13 million inflows, followed by FBTC with $87.61 million.
- Bitwise's BITB fund and Blackrock's IBIT fund also contributed $45.08 million and $41.62 million, respectively.
- Grayscale funds also participated, with GBTC receiving $36.60 million and Bitcoin adding $32.55 million.
- However, Ethereum ETFs remained affected by the decline, with stark contrasts affecting the ETF narrative.
#SaylorBTCPurchase
đ¨đŁ: Circle has launched the Circle Payments Network (CPN), a real-time settlement platform designed to revolutionize cross-border transactions using regulated stablecoins like the US dollar and euro.
- The platform will connect banks, neobanks, payment service providers, and digital wallets into a unified system, enabling 24/7, low-cost, and transparent cross-border movement of funds.
- This launch represents a significant expansion of Circle's infrastructure supporting the global financial system.
- The CPN aims to eliminate long settlement delays, which can cost more than 6% of fees and impact emerging markets and small businesses.
- The system is designed to integrate with local payment networks in real time, linking local currencies to the digital dollar and euro for seamless cross-border flows.
đ¨đŁ: Circle has launched the Circle Payments Network (CPN), a real-time settlement platform designed to revolutionize cross-border transactions using regulated stablecoins like the US dollar and euro.
- The platform will connect banks, neobanks, payment service providers, and digital wallets into a unified system, enabling 24/7, low-cost, and transparent cross-border movement of funds.
- This launch represents a significant expansion of Circle's infrastructure supporting the global financial system.
- The CPN aims to eliminate long settlement delays, which can cost more than 6% of fees and impact emerging markets and small businesses.
- The system is designed to integrate with local payment networks in real time, linking local currencies to the digital dollar and euro for seamless cross-border flows.
#USChinaTensions
đ¨đŁ: Vitalik Buterin, one of the founders of Ethereum, has proposed replacing the Ethereum Virtual Machine (EVM) binary code with the open-source RISC-V architecture to improve scalability.
He believes this radical change could reduce on-chain execution costs by up to 100x.
However, legacy EVM contracts will continue to function and will be fully interoperable with new RISC-V contracts.
The proposal also includes support for both EVM and RISC-V contracts and the creation of a dedicated translator to convert EVM contracts to RISC-V equivalents.
Ethereum plans to launch the "Pectra" upgrade on May 7.
đ¨đŁ: Vitalik Buterin, one of the founders of Ethereum, has proposed replacing the Ethereum Virtual Machine (EVM) binary code with the open-source RISC-V architecture to improve scalability.
He believes this radical change could reduce on-chain execution costs by up to 100x.
However, legacy EVM contracts will continue to function and will be fully interoperable with new RISC-V contracts.
The proposal also includes support for both EVM and RISC-V contracts and the creation of a dedicated translator to convert EVM contracts to RISC-V equivalents.
Ethereum plans to launch the "Pectra" upgrade on May 7.
#BTCRebound
Bitcoin doesn't reach a new high until gold does first. đĽ
After making profits from gold, capital seeks other assets to maximize gains. đđ
Nothing lasts forever. đŤĄ
Bitcoin doesn't reach a new high until gold does first. đĽ
After making profits from gold, capital seeks other assets to maximize gains. đđ
Nothing lasts forever. đŤĄ
$TRX
đ¨đŁ: Bitcoin's difficulty increased by 1.42% in the adjustments made early Saturday, following a 6.81% increase in the previous adjustment.
- This adjustment coincides with Bitcoin's price remaining stable for more than a week, and the estimated daily production value of one petahatch.
- The network's hash rate has ranged from $42 to $45 per petahatch per second of daily hash rate.
- Miners must perform 123.23 trillion double SHA-256 hash attempts to find a valid block, highlighting the computational effort and security built into Bitcoin's Proof-of-Work protocol.
đ¨đŁ: Bitcoin's difficulty increased by 1.42% in the adjustments made early Saturday, following a 6.81% increase in the previous adjustment.
- This adjustment coincides with Bitcoin's price remaining stable for more than a week, and the estimated daily production value of one petahatch.
- The network's hash rate has ranged from $42 to $45 per petahatch per second of daily hash rate.
- Miners must perform 123.23 trillion double SHA-256 hash attempts to find a valid block, highlighting the computational effort and security built into Bitcoin's Proof-of-Work protocol.
#TRXETF
đ¨đŁ : The White House has redirected the COVID.gov portal to a new page titled "Lab Leak: The Real Origins of COVID-19," which supports the lab-leak theory of the coronavirus and cites a report from the Republican House Select Committee on Economic and Social Research. The page presents five key arguments supporting the lab-leak hypothesis, including abnormal characteristics of the virus and its lab origin, as well as information about suspected symptoms at a Wuhan lab in the fall of 2019. The page also criticizes public officials for promoting research that refutes the lab-leak theory and making false statements. The cryptocurrency market is experiencing a dramatic rebound due to the pandemic, bringing both opportunities and volatility to its prices.
đ¨đŁ : The White House has redirected the COVID.gov portal to a new page titled "Lab Leak: The Real Origins of COVID-19," which supports the lab-leak theory of the coronavirus and cites a report from the Republican House Select Committee on Economic and Social Research. The page presents five key arguments supporting the lab-leak hypothesis, including abnormal characteristics of the virus and its lab origin, as well as information about suspected symptoms at a Wuhan lab in the fall of 2019. The page also criticizes public officials for promoting research that refutes the lab-leak theory and making false statements. The cryptocurrency market is experiencing a dramatic rebound due to the pandemic, bringing both opportunities and volatility to its prices.
$ETH
đ¨đŁ: The Lazarus Group moved 13,332 Bitcoin, worth $1.12 billion, from wallets flagged by Arkham Intelligence to 9,400 Bitcoin, worth over $793 million, in 27 days. The group moved 3,932 Bitcoin, worth $331.99 million, from these wallets. North Korea ranks third, followed by El Salvador and the Royal Government of Bhutan. The United States remains the largest holder of Bitcoin with 198,012 Bitcoin, followed by the United Kingdom with 61,245 Bitcoin. Bhutan's total Bitcoin stash stands at 7,697 Bitcoin, worth $650.36 million. El Salvador's holdings increased from 6,117 Bitcoin to 6,151 Bitcoin. If the trend continues, the transfer of another 1,703 Bitcoin by Pyongyang could cost North Korea its third-largest nation-state position.
đ¨đŁ: The Lazarus Group moved 13,332 Bitcoin, worth $1.12 billion, from wallets flagged by Arkham Intelligence to 9,400 Bitcoin, worth over $793 million, in 27 days. The group moved 3,932 Bitcoin, worth $331.99 million, from these wallets. North Korea ranks third, followed by El Salvador and the Royal Government of Bhutan. The United States remains the largest holder of Bitcoin with 198,012 Bitcoin, followed by the United Kingdom with 61,245 Bitcoin. Bhutan's total Bitcoin stash stands at 7,697 Bitcoin, worth $650.36 million. El Salvador's holdings increased from 6,117 Bitcoin to 6,151 Bitcoin. If the trend continues, the transfer of another 1,703 Bitcoin by Pyongyang could cost North Korea its third-largest nation-state position.
#TrumpVsPowell
đ¨đŁ : Arbitrum has become the first Ethereum secondary layer company to surpass $300 billion in trading volume on Uniswap.
đ¨đŁ : Arbitrum has become the first Ethereum secondary layer company to surpass $300 billion in trading volume on Uniswap.
$SOL
đ¨đŁ: The U.S. Secret Service and Canadian authorities collaborated to disrupt approval phishing attacks targeting Ethereum wallet holders worth $4.3 million.
The joint operation, Operation Avalanche, searched for compromised wallets on the Ethereum blockchain and contacted affected wallet holders who had lost their funds or were at risk.
These efforts were led by the U.S. Secret Service and the British Columbia Securities Commission, with support from the Ontario Provincial Police, the Alberta Securities Commission, the Ontario Securities Commission, the Delta Police Department, the Vancouver Police Department, and the Royal Canadian Mounted Police.
The Secret Service will continue to work with Canadian law enforcement and financial partners to identify and seize stolen assets for return to victims.
đ¨đŁ: The U.S. Secret Service and Canadian authorities collaborated to disrupt approval phishing attacks targeting Ethereum wallet holders worth $4.3 million.
The joint operation, Operation Avalanche, searched for compromised wallets on the Ethereum blockchain and contacted affected wallet holders who had lost their funds or were at risk.
These efforts were led by the U.S. Secret Service and the British Columbia Securities Commission, with support from the Ontario Provincial Police, the Alberta Securities Commission, the Ontario Securities Commission, the Delta Police Department, the Vancouver Police Department, and the Royal Canadian Mounted Police.
The Secret Service will continue to work with Canadian law enforcement and financial partners to identify and seize stolen assets for return to victims.
#BinanceLeadsQ1
đ¨đŁ : Solana (SOL) reached its highest price in April, reaching $136, according to CoinGecko data.
- This surge comes after the launch of the first Canadian-based Solana spot ETFs, which feature a speculative trading function.
- The funds offer investors a return earned by issuers staking SOL to support the Solana blockchain.
- Solana spot ETFs have yet to be approved in the US, but companies like VanEck, 21Shares, and Bitwise have applied.
- Coinbase has upgraded its infrastructure, enabling faster and more reliable transactions for the asset.
- Coinbase has faced criticism regarding delays in Solana transactions, but has emphasized the need to expand its infrastructure and provide native support for popular use cases like DEX/meme token trading.
đ¨đŁ : Solana (SOL) reached its highest price in April, reaching $136, according to CoinGecko data.
- This surge comes after the launch of the first Canadian-based Solana spot ETFs, which feature a speculative trading function.
- The funds offer investors a return earned by issuers staking SOL to support the Solana blockchain.
- Solana spot ETFs have yet to be approved in the US, but companies like VanEck, 21Shares, and Bitwise have applied.
- Coinbase has upgraded its infrastructure, enabling faster and more reliable transactions for the asset.
- Coinbase has faced criticism regarding delays in Solana transactions, but has emphasized the need to expand its infrastructure and provide native support for popular use cases like DEX/meme token trading.
#SolanaSurge
đ¨đŁ: The probability of the US Federal Reserve cutting interest rates by 25 basis points at the Federal Open Market Committee (FOMC) meeting on May 7 has fallen significantly over the past five days, reaching a 90.4% probability of no change.
This decline coincides with Trump's criticism of Chairman Powell and his "late" policy decisions.
- CME futures bets on the outcome of the FOMC meeting remained unchanged, with expectations for any interest rate adjustment low in prediction markets such as Polymarket and Kalshi.
- Tariff pressures and economic turmoil have besieged the Fed, potentially forcing it to cut interest rates.
đ¨đŁ: The probability of the US Federal Reserve cutting interest rates by 25 basis points at the Federal Open Market Committee (FOMC) meeting on May 7 has fallen significantly over the past five days, reaching a 90.4% probability of no change.
This decline coincides with Trump's criticism of Chairman Powell and his "late" policy decisions.
- CME futures bets on the outcome of the FOMC meeting remained unchanged, with expectations for any interest rate adjustment low in prediction markets such as Polymarket and Kalshi.
- Tariff pressures and economic turmoil have besieged the Fed, potentially forcing it to cut interest rates.
#MetaplanetBTCPurchase
đ¨đŁ: Panama City has approved the use of cryptocurrencies for municipal payments, including taxes, fees, tickets, and permits.
- The city will accept Bitcoin, Ethereum, USDC, and USDT. This policy was implemented without new legislation by working with a partner bank that converts cryptocurrency into US dollars at the time of payment.
- The US dollar is legal tender in Panama, and the city has joined other cities around the world in allowing cryptocurrencies for municipal payments.
- Several US cities, including Detroit, Colorado, and North Carolina, have also begun accepting cryptocurrencies for tax payments.
đ¨đŁ: Panama City has approved the use of cryptocurrencies for municipal payments, including taxes, fees, tickets, and permits.
- The city will accept Bitcoin, Ethereum, USDC, and USDT. This policy was implemented without new legislation by working with a partner bank that converts cryptocurrency into US dollars at the time of payment.
- The US dollar is legal tender in Panama, and the city has joined other cities around the world in allowing cryptocurrencies for municipal payments.
- Several US cities, including Detroit, Colorado, and North Carolina, have also begun accepting cryptocurrencies for tax payments.
#PowellRemarks
đ¨đŁ: Public Bitcoin mining companies resumed their sell-off in March, selling more than 40% of their monthly Bitcoin production, the highest liquidation rate since October 2024.
This move reflects increasing financial pressure amid falling retail prices and global trade tensions.
Mining companies like Cleanspark are selling portions of their production to cover operational costs and support expansion plans.
Other companies, such as HIVE, Bitfarms, and Ionic Digital, sold more than 100% of their March production.
đ¨đŁ: Public Bitcoin mining companies resumed their sell-off in March, selling more than 40% of their monthly Bitcoin production, the highest liquidation rate since October 2024.
This move reflects increasing financial pressure amid falling retail prices and global trade tensions.
Mining companies like Cleanspark are selling portions of their production to cover operational costs and support expansion plans.
Other companies, such as HIVE, Bitfarms, and Ionic Digital, sold more than 100% of their March production.
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