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⭐️ Giant Investment Company Removed Polkadot (DOT) and Tron (TRX) from the List, Added Two Surprise Altcoins! Valour, subsidiary of DeFi Technologies company and cryptocurrency ETP issuer, announced the addition of Shiba Inu and Toncoin to its digital asset basket VDAB10 (Euro and Swedish krona basket). In its announcement, Valour announced that it has rebalanced the Valor Digital Asset Basket 10 (VDAB10) EUR and SEK baskets to include Toncoin (TON) and Shiba Inu (SHIB) starting April 30, 2024. Adding TON and SHIB, Valour also added that they removed Polkadot (DOT) and Tron (TRX) from their programs. “The VDAB10 ETP tracks the performance of the 10 largest digital assets by market cap, with a 30% cap for any component. The latest regulations reflect changes in the top 10 assets by market capitalization, ensuring that VDAB10 continues to reflect the current composition of the digital asset market. This update was made following the changes in the 10 largest cryptocurrencies by market value, and SHIB and TON were added, while DOT and TRX were removed. Polkadot and Tron were automatically removed from the basket due to their current market cap rankings no longer making them among the top ten. This update underscores Valour's commitment to offering a transparent, rules-based ETP that meets the evolving needs and interests of investors and further validates Valor Inc.'s role in enabling individual and institutional investors to simply and securely access digital assets through traditional bank accounts “ Valour's current cryptocurrency product portfolio includes Valor Uniswap (UNI), Cardano (ADA), Solana (SOL), Avalanche (AVAX), Cosmos (ATOM), BNB, Ripple (XRP) and Enjin (ENJ) ETPs. Valour has Bitcoin (BTC) Zero and Valor Ethereum (ETH) Zero products. $DOT $TRX #tron #DOT

⭐️ Giant Investment Company Removed Polkadot (DOT) and Tron (TRX) from the List, Added Two Surprise Altcoins!

Valour, subsidiary of DeFi Technologies company and cryptocurrency ETP issuer, announced the addition of Shiba Inu and Toncoin to its digital asset basket VDAB10 (Euro and Swedish krona basket).

In its announcement, Valour announced that it has rebalanced the Valor Digital Asset Basket 10 (VDAB10) EUR and SEK baskets to include Toncoin (TON) and Shiba Inu (SHIB) starting April 30, 2024.

Adding TON and SHIB, Valour also added that they removed Polkadot (DOT) and Tron (TRX) from their programs.

“The VDAB10 ETP tracks the performance of the 10 largest digital assets by market cap, with a 30% cap for any component.

The latest regulations reflect changes in the top 10 assets by market capitalization, ensuring that VDAB10 continues to reflect the current composition of the digital asset market.

This update was made following the changes in the 10 largest cryptocurrencies by market value, and SHIB and TON were added, while DOT and TRX were removed.

Polkadot and Tron were automatically removed from the basket due to their current market cap rankings no longer making them among the top ten.

This update underscores Valour's commitment to offering a transparent, rules-based ETP that meets the evolving needs and interests of investors and further validates Valor Inc.'s role in enabling individual and institutional investors to simply and securely access digital assets through traditional bank accounts “

Valour's current cryptocurrency product portfolio includes Valor Uniswap (UNI), Cardano (ADA), Solana (SOL), Avalanche (AVAX), Cosmos (ATOM), BNB, Ripple (XRP) and Enjin (ENJ) ETPs. Valour has Bitcoin (BTC) Zero and Valor Ethereum (ETH) Zero products.

$DOT $TRX #tron #DOT

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⭐️ Why Did The Solana (SOL) Price Jump Today? Solana (SOL) is currently up by 4% after jumping from $142 to $148 in the past 24 hours. Interestingly, Solana has made a 23% gain from $119.56 since May 1 and could hold on to sustain this price increase steadily for the rest of the month. On-chain data has revealed behind the scenes that some whales are accumulating and transferring SOL tokens which reflects some intuition of bullishness surrounding the cryptocurrency.  Particularly, on-chain data from whale transaction tracker Whale Alert has revealed the movement of 267,077 SOL worth $38.6 million from crypto exchange Binance into an unknown wallet in the past 24 hours. Another notable transfer was the movement of 11 million SOL worth $1.6 billion from a private wallet address to another private wallet address. 🔺 Solana Whale Movement Whale transfers are very common in the crypto industry. They are of different types and they generally tend to shift the sentiment among crypto traders. Whale transfers from exchanges into private addresses could indicate whales are holding onto their assets in anticipation of a price surge. On the other hand, transfers from private wallets into crypto exchanges most likely mean a selloff, which could increase selling pressure on these exchanges. A third type of whale transfer is between two private wallets, which could be for a various number of reasons. The recent transfer of 11 million SOL falls into the third category of whale movement. A further look into on-chain transaction data shows that the transfer was made between two stake addresses. 🔺 Whale Accumulates Solana On the other hand, private wallet “8NWAHM” has been accumulating SOL in the past 24 hours. While Whale Alert only noted an interesting transfer of 267,077 SOL worth $38.6 million into the address, a closer look into this wallet address shows this is the second major inflow into the address in the past 24 hours. In an earlier transaction, 49,999 SOL worth $7.23 million made their way from crypto exchange Binance into the wallet address.  $SOL #SOL
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⭐️ 𝟯 𝗚𝗶𝗮𝗻𝘁 𝗔𝗹𝘁𝗰𝗼𝗶𝗻 𝗪𝗵𝗮𝗹𝗲𝘀 𝗔𝘄𝗮𝗸𝗲: 𝗧𝗵𝗲𝘆 𝗕𝗼𝘂𝗴𝗵𝘁 𝟱 𝗔𝗹𝘁𝗰𝗼𝗶𝗻𝘀, 𝗜𝗻𝗰𝗹𝘂𝗱𝗶𝗻𝗴 𝗮 𝗠𝗮𝘀𝘀𝗶𝘃𝗲 𝗣𝗘𝗣𝗘 𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗲 According to data provided by Loononchain, two giant cryptocurrency whales recently collected large amounts of five different altcoins. According to the data, the first of the whales, identified with the short address 0x1A2E, purchased 322.48 billion PEPE worth $ 2.78 million on Binance. PEPE price is trading at $0.000008584 at the time of writing this article. Balina wallet, on the other hand, purchased PEPE at the level of 0.000008620 dollars. However, another whale also attracted attention with a larger PEPE operation. Approximately 3 hours ago, the cryptocurrency whale with short address 0x1a2 paid 7.75 million dollars via Binance and transferred 915.85 billion PEPE to his cold wallet. The transaction took place when the PEPE price was at $0.000008466. This whale, along with its previous transactions, purchased $10.4 million worth of PEPE in the last 28 hours at an average price of $0.000008424. The other whale, named aavebank.eth, has 500 thousand UniSwap (UNI) worth 3.75 million dollars, 183 thousand Chainlink (LINK) worth 2.62 million dollars, 171 MakerDAO (MKR) worth 500 thousand dollars and 31,139 units worth 483 thousand dollars, according to onchain data. Purchased Ethereum Name Service (ENS). $PEPE $ENS $MKR #pepe
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🔄 𝗧𝗲𝘀𝗹𝗮 𝗨𝗽𝗱𝗮𝘁𝗲𝘀 𝗣𝗮𝘆𝗺𝗲𝗻𝘁 𝗜𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻, 𝗜𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝗲𝘀 𝗡𝗲𝘄 𝗗𝗲𝘁𝗮𝗶𝗹𝘀 𝗳𝗼𝗿 𝗗𝗼𝗴𝗲𝗰𝗼𝗶𝗻 (𝗗𝗢𝗚𝗘) 𝗧𝗿𝗮𝗻𝘀𝗮𝗰𝘁𝗶𝗼𝗻𝘀 Tesla, one of the world’s largest electric car manufacturers, has updated its official website to include Dogecoin (DOGE) as a payment option. According to the official website, Tesla products can be purchased using American Express, Discover, Mastercard, Visa, Apple Pay, and now, Dogecoin. However, Dogecoin can only be used to purchase certain products and not Tesla cars. Tesla now accepts Dogecoin as a payment option for certain products, marking another significant step for the cryptocurrency in the mainstream market. 🔺 𝗧𝗲𝘀𝗹𝗮 𝗔𝗱𝗱𝘀 𝗗𝗼𝗴𝗲𝗰𝗼𝗶𝗻 𝘁𝗼 𝗣𝗮𝘆𝗺𝗲𝗻𝘁 𝗢𝗽𝘁𝗶𝗼𝗻𝘀 Tesla, a leading electric car manufacturer, has updated its payment options on its official website to include Dogecoin. This move signifies the increasing acceptance of cryptocurrencies in mainstream markets. However, it should be noted that Dogecoin can only be used to purchase certain products and not Tesla cars. 🔺 𝗗𝗼𝗴𝗲𝗰𝗼𝗶𝗻’𝘀 𝗩𝗼𝗹𝗮𝘁𝗶𝗹𝗶𝘁𝘆 𝗔𝗳𝗳𝗲𝗰𝘁𝘀 𝗣𝗿𝗶𝗰𝗶𝗻𝗴 For users wishing to purchase Tesla products with Dogecoin, a price equivalent in DOGE is provided. However, this is only valid for a short period due to the cryptocurrency’s volatility. After a while, the price needs to be updated. This is attributed to the high volatility of Dogecoin. 🔺 𝗡𝗼 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀 𝗳𝗼𝗿 𝗧𝗲𝘀𝗹𝗮 𝗣𝗿𝗼𝗱𝘂𝗰𝘁𝘀 Currently, it is not possible to purchase any Tesla products with Bitcoin. There was a time when Tesla cars could be purchased with BTC, but this is no longer the case. $DOGE #doge #Dogecoin‬⁩ #BTC #Tesla
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⚠️ 𝗥𝗶𝗽𝗽𝗹𝗲’𝘀 𝗫𝗥𝗣 𝗙𝗮𝗰𝗲𝘀 𝗥𝗶𝘀𝗸 𝗼𝗳 𝗦𝘁𝗲𝗲𝗽𝗲𝗿 𝗣𝗿𝗶𝗰𝗲 𝗖𝗼𝗿𝗿𝗲𝗰𝘁𝗶𝗼𝗻 Ripple (XRP) price recovery rally largely depends on the broader crypto market and the investors’ behavior. However, neither party favors a price rise, which could cause considerable damage to XRP holders. 🔺 𝗥𝗶𝗽𝗽𝗹𝗲 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 𝗧𝗮𝗸𝗲 𝗮 𝗦𝘁𝗲𝗽 𝗕𝗮𝗰𝗸 XRP price attempts to move upward, but by the looks of it, this effort will be thwarted. This is because Ripple is noting bearishness at the hands of its investors, particularly traders. Bearish bets against XRP have increased in the futures market, which is evident from the funding rate. The funding rate in cryptocurrency futures trading is the fee paid or received by traders holding leveraged positions overnight. Market conditions determine it and serve to balance the market between long and short positions. Generally, positive funding rates suggest the dominance of long contracts, whereas negative rates hint at short contracts’ taking the preference. 🔺 𝗫𝗥𝗣 𝗶𝘀 𝘄𝗶𝘁𝗻𝗲𝘀𝘀𝗶𝗻𝗴 𝗻𝗲𝗴𝗮𝘁𝗶𝘃𝗲 𝗳𝘂𝗻𝗱𝗶𝗻𝗴 𝗿𝗮𝘁𝗲𝘀, 𝘄𝗵𝗶𝗰𝗵 𝘀𝘂𝗴𝗴𝗲𝘀𝘁𝘀 𝘁𝗿𝗮𝗱𝗲𝗿𝘀 𝗮𝗿𝗲 𝗯𝗲𝘁𝘁𝗶𝗻𝗴 𝗼𝗻 𝗮 𝗽𝗿𝗶𝗰𝗲 𝗱𝗲𝗰𝗹𝗶𝗻𝗲. At the same time, the broader market is also exhibiting bearishness, as can be seen in the Relative Strength Index (RSI). The RSI is a momentum oscillator that measures the speed and change of price movement. It is used to identify overbought or oversold conditions in an asset. Given that XRP is struggling to secure the neutral line at 50 as support, a bearish outcome seems rather likely. $XRP #XRP
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