Binance is betting big on the potential of Bitcoin DeFi
As the Halving expected on April 20 approaches, Binance Labs, the investment arm of the world's largest cryptocurrency exchange, is banking on the potential of Bitcoin DeFi (BTCFi) by investing in BounceBit, an innovative protocol combining centralized and decentralized finance
Binance Labs Supports Innovation in Bitcoin DeFi
On April 11, Yi He, co-founder and director of Binance Labs, revealed his venture arm's investment in BounceBit. According to Yi He, “BounceBit opens new avenues for the use of Bitcoin through the merger of CeFi and DeFi 
BounceBit is opening new avenues for the use of Bitcoin with the merger of CeFi and DeFi. At Binance Labs, we are always looking for innovators who are shaping the industry, and we look forward to following their growth as they fulfill their mission to empower Bitcoin through secure and transparent CeDeFi solutions.”
This investment comes amid growing interest in BTCFi protocols, a new wave of technology aimed at bringing native DeFi capabilities to Bitcoin. Thus, BounceBit, which already has more than 110,000 users and $782 million in by run-up to the Halving scheduled for April 19. Nash Lee, co-founder of MerlinSwap, sees this as “a significant move toward recognizing Bitcoin’s untapped potential in the DeFi space .”
Questioned by our colleagues at Cointelegraph, he declared : “  This success symbolizes the eagerness of the community to engage and advance the DeFi revolution on the Bitcoin platform.
#BTCHalvingApril2024 #Yanbi22

10 days ago i posted this post, and people thought I was joking or it was fake
anyway are U ready Guys?
and how much you have collected ??
#NotcoinLaunchpool #Yanbi22 #BNB⁩
Let's goooooo ❤️
please support with a follow and likes guys , thank you

#BITCOIN     JUST HIT $61,272
#Bitcoin #Yanbi22

Wishing you and your loved ones a blessed Eid filled with joy, peace, and prosperity. May this special day bring you closer to your family and friends, and may your hearts be filled with gratitude and happiness. Eid Mubarak!
#Yanbi22 #EidCelebration

🚨 BREAKING 🚨

YESTERDAY WHILE EVERYONE WAS
PANIC SELLING THEIR BITCOIN, AN
UNKNOWN WHALE HAVE BOUGHT
$496 MILLION WORTH OF BITCOIN
FROM COINBASE.

SOMEONE KNOWS SOMETHING 🔥
source : (Ash Crypto on X)
#BTC🔥🔥🔥🔥🔥🔥 #Breaking_Crypto_News
#Yanbi22

Bitcoin – ETFs push towards new record
What does Bitcoin ETF have in store for us this week? New record in sight if Grayscale doesn't come and spoil the party?
Bitcoin – Demand vs Supply
Last week, ETFs swallowed a net 7,376 bitcoins. Or 120% of the bitcoins that were created by miners at the same time.
Grayscale's GBTC ETF spoiled the party again with outflows representing 10,867 bitcoins. Note also that the ARK Capital ETF has, for the first time, suffered net weekly outflows equivalent to 1,154 bitcoins.
Overall, BlackRock is still in the lead with 264,000 BTC held on behalf of its clients. That is to say 1.35% of all bitcoins in circulation, or almost 19 billion dollars.
Fidelity is second with 150,000 BTC (~$11 billion). Ark completes the podium with 43,000 BTC.
Unfortunately, outflows from the GBTC ETF are currently preventing us from reaching $100,000. The following chart is a mirroring of the amounts of BTC held by Grayscale (red) and BlackRock (green).
This near-perfect symmetry suggests that a good portion of the BTC in the GBTC ETF is flowing directly into the BlackRock ETF. As a reminder, Grayscale charges management fees more than 6 times higher than those of BlackRock, hence the exodus of its clients.
In short, it is not impossible that a good part of Blackrock's bitcoins mainly come from a transfer from the GBTC ETF. If so, net inflows into the ETFs are unlikely to make a dramatic jump once the GBTC ETF is empty.
#BTCHalvingApril2024 #BTC、 #Yanbi22

CRYPTOCURRENCIES ON SOLANA: RETURN TO THE NICHE FOR MEMECOINS?

Dog of the breakage . One of the trends at the start of the year is to be able to approach memecoins as a sector in its own right. A notable change in dynamics which even pushes certain analysis structures to consider a real interest of these void tokens for the cryptocurrency ecosystem . However, the euphoria triggered by these cryptocurrencies with improbable returns does not resist the crisis . Indeed, the top 10 memecoins on the Solana network recorded a notable drop over the last 24 hours.

SOLANA CONTINUES TO SURF MEMECOINS :
While the week got off to a flying start, the return of Bitcoin below $70,000 has already reshuffled the cards . A situation which brings with it the entire cryptocurrency sector , with a few rare exceptions. 
Should we hope for a rebound during the next Bitcoin halving approaching? Analysts remain for the most part wary, faced with unprecedented market dynamics that are not necessarily favorable in the short term .
And as the principle of pure speculation is not based on sufficiently solid fundamentals, the memecoin market was quick to begin this new bearish episode . This in particular on a Solana network whose current success is essentially based on being the official kennel of this meme economy .
As a result, the capitalization of memecoins on Solana still represents a 12% share of the total value of this sector ($62.3 billion), all networks combined. For comparison, the emerging memecoin market on the Base network is worth $1.6 billion (2.5%).
Because canine loyalty is probably what memecoin enthusiasts lack the most. Indeed, since the drop in fees triggered by the latest upgrade of the Ethereum network, layers 2 have become their new playground . Like for example the Base network which has just surpassed the historical Arbitrum (ARB) with its number of daily active addresses.
#Dogecoin‬⁩ #MemeCoinsToTheMoon #MemeCoinsSeason #Yanbi22
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XRP NEWS
Despite the crash, Ripple dumps 100 million XRP into a sinking market

Ripple, the company behind the XRP token, sold 100 million tokens on Sunday, as crypto markets come under pressure following the escalation of the Iran-Israel conflict. This unusual sale raises concerns about the potential impact on its price.

Ripple continues monthly XRP sales

As per its monthly practice, Ripple released 1 billion XRP from its escrow account on April 1. 200 million were transferred to his “Ripple (1)” cash account. 

However, on Sunday, Ripple moved half of that amount, or 100 million XRP (around $50 million), to an unknown address “rP4X2…sKxv3,” which it usually uses for its sales. This operation , carried out outside the usual schedule, raises questions about the company's strategy.

Historical analysis of XRP sales by Ripple highlights a correlation with subsequent price declines. In 2023, XRP fell 6 days out of 8 when Ripple carried out liquidations. 

With 100 million XRP still available this month and geopolitical tensions linked to the Iran-Israel conflict weighing on the entire crypto market, investors fear further downward pressure on the price, currently at $0.485.

Overall, the outlook for XRP depends on how these factors evolve in the coming days and weeks. Keeping an eye on news updates and market trends can provide valuable insights into the token's future direction.

#XRPCOIN #Yanbi22

ELON MUSK MAKES NEW DOGECOIN (DOGE) MEME IN TOP 10 CRYPTO

A meme for a memecoin. Rarely do several weeks go by without billionaire Elon Musk giving a nod to the cryptocurrency sector, in particular to his personal favorite: Dogecoin (DOGE). If last month, the boss of Tesla hinted at a DOGE payment option for his electric vehicles, this time it's a little meme that Musk has the secret that is making people talk about the first of the memecoins again .

DOGECOIN HAS REMAINED IN THE TOP 10 CRYPTO-ASSETS SINCE 2022

It has now been an established fact for years that Dogecoin – which was initially, in 2013, a crypto-joke parodying Bitcoin – has been able to build a loyal community around its famous logo with the smiling Shina Inu dog . This allowed it to climb, sustainably, into the Top 10 of the most valued cryptocurrencies on the market.

And even if he tries to keep his seriousness, Elon Musk is ready to burst out laughing at seeing the mainstream media forced to seriously treat and cover Dogecoin, with its nearly $22.4 billion in capitalization, at the time of writing these lines.

ELON MUSK HOLDS BACK HIS LAUGHTER AT MAINSTREAM MEDIA FORCED TO TALK ABOUT DOGE

The image of the billionaire meme (below),  which he shared on refrain from laughing so as not to attract more attention from the latter and suffer his anger.

On the left: mainstream media that must cover Dogecoin as a Top 10 crypto (in the role of Monty Python's Caesar).

Right: Elon Musk biting his lips to stop himself from giggling (in the role of this laughable Caesar's guard).

Although he likes to joke around with Dogecoin quite regularly, Elon Musk seems to clearly prefer Bitcoin for his businesses . In fact, a little over a month ago, Arkham Intelligence's on-chain investigators traced the BTC wallets of Tesla and SpaceX . The electric vehicle manufacturer and the aerospace company would thus own 11,510 and 8,290 bitcoins respectively .
#Dogecoin‬⁩ #ElonMuskTalks #Yanbi22

eSolana News 🗞️
Crypto: Solana whales thrive in memecoin chaos – millions of dollars accumulated
Amid the recent volatility in cryptocurrency markets, some savvy Solana players have been able to take advantage of the situation. According to data revealed by Lookonchain, two crypto whales from Solana have sunk millions of dollars into largely unknown memecoins.
Data Reveals Aggressive Buying Strategy Among Solana Whales
Identified by the 4eocFb wallet, the first crypto whale transferred 31,916 SOL (equivalent to $4.56 million) from KuCoin. He acquired 500,979 BODEN for $294,000.
The second operation was carried out via the 9CjKf5 wallet. The crypto whale withdrew 15,751 SOL (or $2.25 million) from Binance, then invested:
$1.12 million in 4.86 million SLERF;
661,000 dollars in 67.53 million BOME.
These impressive numbers demonstrate their confidence in the potential of these memecoins, even during times of volatility in the crypto industry.
Not all crypto investors have taken the same approach
Four separate Solana whales panicked. They liquidated 5.68 million WIF, or $12.41 million. These hasty sales were made at prices varying between $1.9 and $2.35 per WIF. This reflects the palpable nervousness among some high-profile crypto investors.
Analysis of crypto transactions reveals another interesting trend: Solana whales seem to favor memecoins despite their volatile and speculative nature. This preference could be explained by:
the search for quick gains,
a belief in the long-term value of these digital assets.
Memecoins can indeed experience meteoric price increases. Enough to attract crypto investors looking for high returns.

In any case, the movements of these Solana whales offer a fascinating insight into the dynamics of the crypto market during corrections.

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#Solana⁩ #Yanbi22 #WIF #BOMEARMY #kucoin