📢Macro
⚫️The NASDAQ index remains stable at 16,200.
⚫️Gold prices have increased by 1% to $2,325.
⚫️Stock futures have continued to rise following a positive jobs report released on Friday.
⚫️The next significant economic indicator to be released is the Consumer Price Index (CPI) next week.
⚫️China's purchasing of gold has reached record levels.
💰 Crypto
⚫️Bitcoin is stable at $63,600, Ethereum is also stable at $3,130, while Solana has risen by 4% to $152.
⚫️The top gainers in the cryptocurrency market include WLD, ENA, FET, JUP, and AGIX.
⚫️The rate at which Ethereum is burned (destroyed) has reached a yearly low.
⚫️Bitcoin needs to reach $67,000 to mark a new higher high in its price trend.
⚫️Robinhood has received a Wells Notice from the SEC, indicating potential regulatory challenges.
⚫️According to Visa, only 10% of stablecoin transactions represent genuine economic activity.
⚫️Corporate filings on May 15th will reveal new Bitcoin purchases.
⚫️Arthur Hayes continues to buy PENDLE via over-the-counter (OTC) markets.
- An individual named Cartier has been arrested for money laundering involving USDT (Tether).
- ENA's price has increased by 20% due to rumors of new integrations.
🌟 Web3 & NFT
⚫️Trending coins currently include FRIEND, SC, MICHI, CRODIE, and HAMMY.
⚫️Popular NFT collections are Pudgy Penguins, Anti Social Frogs, and OMB.
⚫️The price of FRIEND coin has risen to $3 before experiencing a decline.
⚫️The owner of the POPCAT brand has downplayed the possibility of legal action.
⚫️SC and MICHI are leading a rise in cat-themed meme coins.
⚫️Runes tokens continue to dominate transactions on the Bitcoin network.
⚫️Blast NFTs have seen an increase in value as the degenerate (degen) trading narrative continues.
⚫️Fantasy trading volumes have surged as participants win the Blast Gold lottery.
⚫️Walmart is set to begin selling products on the Roblox platform, expanding its digital presence.