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#BTCHalvingApril2024 #btcbullrun #cryptouodates #bullrun2024 #BlackRockShibaInuETF $BTC $ETH $XRP

BTC is ready to flip as halving is nearing, BTC will again shock by liquidating shorts in upcoming days. Hold on spots or low Leveraged longs are expected by the traders.
#crypto #BTC #BULLRUN #etf #BlackRockShibaInuETF

Today's Crypto Highlights: A Potential Tax Shift, EIGEN Airdrop Fallout, and BlackRock's New Milestone 🌟

Proposed Bill to Change Crypto Taxation 📝
Two U.S. congressmen, Drew Ferguson and Wiley Nickel, have proposed a bipartisan bill that could significantly impact how crypto networks are taxed. The bill, titled "Providing Tax Clarity for Digital Assets Act," aims to change the taxing structure for block rewards from proof-of-work and proof-of-stake networks. Currently, these rewards are taxed upon acquisition, but the proposed legislation would tax them when sold instead.
The congressmen behind the bill argue that the current system is overly complex, leading to confusion, double taxation, and potentially driving businesses overseas ⚖️

EigenLayer Faces Massive Withdrawal Requests 📉

The Ethereum restaking protocol EigenLayer is under pressure, dealing with over 12,412 withdrawal requests after a controversial EIGEN airdrop. The ban of key economic jurisdictions from the airdrop caused disappointment among users, leading to a significant queue for withdrawals.
Data shows that the protocol experienced a surge in daily withdrawal requests, with 4,336 on April 29 and 6,496 on April 30. This wave of withdrawal requests could potentially lower EigenLayer's total value locked (TVL) from $14.8 billion to around $13 billion. If you're in the restaking game, this might be a trend to watch. 👀

BlackRock's BUIDL: The Largest Tokenized Treasury Fund 🚀
BlackRock's USD Institutional Digital Liquidity Fund, known as BUIDL, has become the largest treasury fund tokenized on a blockchain. With a market cap of $375 million, it surpassed the Franklin OnChain U.S. Government Money Fund (BENJI), which held the top spot with $368 million.

BUIDL attracted $70 million in the last week, with a notable $50 million coming from real-world asset tokenization firm Ondo Finance's OUSG token. 💰 🌐
Feel free to follow for more insights and tips on navigating the crypto world! 🙌$ETH $BTC #Eigenlayer’s #BlackRockShibaInuETF #buidl

Tokenization and RWA szn is heating up with #BlackRock starting to make moves to tokenize assets on chain.

#TokenFi will be one of the main winners of this season IMO:

- $TOKEN ticker is simple and retarded so will attract people.
- Good runner up after $ONDO.
- TokenFi Launchpad Launch on the 28th.
- DWF as main market maker.
- Low cap.
- Floki team = bullish.

#HotTrends #BNBChain #BlackRockShibaInuETF

$SHIB BULLRUN market coming.... 🤜 000 💥

to an end After the long winter #ShibaInu hungry for Zer0s. Congratsto everyone who accumulated so hard during the last few months Be ready.

Shibarium New Integration Milestone Thrills Shiba Inu Community, Here's Why

The Shiba Inu community is celebrating a significant achievement as Shibarium, the Layer-2 scaling solution for the Shiba Inu ecosystem, has reached a new integration milestone. The platform has successfully processed over 412 million transactions, a testament to its growing adoption and functionality.

BlueBit, a Dubai and Saint Vincent-based centralized exchange, has announced an exciting collaboration with the SHIB community, a partnership that it believes will bring the SHIB and Sparrows communities closer and lead to even greater achievements together.

As part of this move, BlueBit has successfully integrated Shibarium, which would provide BlueBit users with access to a broader array of digital assets and cutting-edge blockchain solutions.

The integration of Shibarium with major cryptocurrency exchanges is also expected to play a pivotal role in increasing its visibility and usability, attracting a broader audience of users and investors. The latest integration of Shibarium has sparked a wave of excitement in the wider crypto community. The Shiba Inu official X handle has responded with enthusiasm to this milestone, which reflects the platform's potential for future growth.

Shibarium's astounding growth Shibarium has quickly gained traction since its late August 2023 launch, surpassing 3.8 million in total blocks and a whopping 412 million in total transactions. According to the Shibariumscan explorer, the total transactions for Shibarium are 412,407,305. Total blocks have reached 3,825,223 and wallet addresses are at 1,383,613. However, Shibarium is reporting declines in its daily transaction count, which fell to 6,700.

#Shibarium #SHIBARMY. #ShibaInuETF ##BlackRockShibaInuETF #FidelityShibaInuETF #GrayScaleShibaInuETF