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🪙 Crypto News (Apr 6, 2024): 1️⃣ Lookonchain: A trader multiplied their investments by 195 times on one of the meme tokens on the Solana blockchain. On April 4th, a user bought 261.27 million TEH EPIK DUCK (EPIK) coins for 30.3 SOL ($5300). Just a day later, through a series of transactions, they sold 231.27 million #EPIK for 5936.7 SOL ($1.04 million). 🎉 2️⃣ Grayscale: Investment company Grayscale Investments removed Cardano (ADA) and Cosmos (ATOM) tokens from its portfolio. According to the latest data, the GDLC's foundation now consists of bitcoins (70.96%) and Ethereum (21.84%). Additionally, the company holds 4.52% Solana (SOL), 1.73% Ripple (XRP), and 0.95% Avalanche (AVAX). 💼 3️⃣ BeInCrypto: The Bank for International Settlements (BIS) and central banks of seven countries are joining forces under the Agorá project to explore tokenization opportunities in the traditional financial system. Central banks of France, Japan, South Korea, Mexico, Switzerland, England, and the Federal Reserve Bank of New York will work on the Agorá project. This initiative is a significant step towards merging the digital and traditional monetary spheres. 💰 4️⃣ Crypto Koryo: In the first quarter of 2024, venture investments in the crypto industry reached $2 billion, breaking a two-year downward trend. The top 5 largest investments for the quarter included #HashKey ($100 million), #EigenLayer ($100 million), #Zama ($73 million), Berachain ($69 million), and Figure ($60 million). 📈 5️⃣ Dune Analytics: The total trading volume on the decentralized exchange (DEX) #Uniswap exceeded $2 trillion. The platform reached this milestone on April 5th, 2024, around 11:55 UTC. Remarkably, the total trading volume on the Uniswap exchange surpassed the gross domestic product (GDP) figures of countries like Australia, Brazil, and South Korea. 🌐 🤔 Share your thoughts in the comments!

🪙 Crypto News (Apr 6, 2024):

1️⃣ Lookonchain: A trader multiplied their investments by 195 times on one of the meme tokens on the Solana blockchain. On April 4th, a user bought 261.27 million TEH EPIK DUCK (EPIK) coins for 30.3 SOL ($5300). Just a day later, through a series of transactions, they sold 231.27 million #EPIK for 5936.7 SOL ($1.04 million). 🎉

2️⃣ Grayscale: Investment company Grayscale Investments removed Cardano (ADA) and Cosmos (ATOM) tokens from its portfolio. According to the latest data, the GDLC's foundation now consists of bitcoins (70.96%) and Ethereum (21.84%). Additionally, the company holds 4.52% Solana (SOL), 1.73% Ripple (XRP), and 0.95% Avalanche (AVAX). 💼

3️⃣ BeInCrypto: The Bank for International Settlements (BIS) and central banks of seven countries are joining forces under the Agorá project to explore tokenization opportunities in the traditional financial system. Central banks of France, Japan, South Korea, Mexico, Switzerland, England, and the Federal Reserve Bank of New York will work on the Agorá project. This initiative is a significant step towards merging the digital and traditional monetary spheres. 💰

4️⃣ Crypto Koryo: In the first quarter of 2024, venture investments in the crypto industry reached $2 billion, breaking a two-year downward trend. The top 5 largest investments for the quarter included #HashKey ($100 million), #EigenLayer ($100 million), #Zama ($73 million), Berachain ($69 million), and Figure ($60 million). 📈

5️⃣ Dune Analytics: The total trading volume on the decentralized exchange (DEX) #Uniswap exceeded $2 trillion. The platform reached this milestone on April 5th, 2024, around 11:55 UTC. Remarkably, the total trading volume on the Uniswap exchange surpassed the gross domestic product (GDP) figures of countries like Australia, Brazil, and South Korea. 🌐

🤔 Share your thoughts in the comments!

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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📈 Prediction (ADA and LINK): 💪 ADA/USDT - The price of #Cardano is in a downtrend, and previous recovery attempts have been unsuccessful, largely due to broader market trends that have been relatively bearish. However, according to the Mean Coin Age metric, which calculates the average age of all coins in circulation, confidence among Cardano holders is gaining momentum again. The chart below shows that during the first quarter, the indicator increased by only 6.6%, whereas over the past two weeks, MCA has risen by 2.4%. Forecast: At the time of writing, Cardano is trading at $0.51. The altcoin has been moving in a descending channel for over a month, exiting which usually signals a potential trend reversal. A retest of the upper line of the pattern and its potential breakout will signify a breakthrough, leading to an increase to $0.66. However, if the channel support is breached and the #ADA price falls below $0.40, the bullish thesis will be nullified. 🔗 LINK/USDT - As the price of #Chainlink rises, investors are once again entering the profit zone, which could be a key factor prompting them to sell tokens. A recent correction has led to a decrease in the overall LINK supply in profit from 84% to 70%. These 14% of the supply represent nearly 82.18 million LINK worth around $1.3 billion. Now all these coins have returned to their original state before the fall. Over the past two days, the share of profit supply has increased again and at the time of writing the article has reached 84%. Forecast: Over the weekend, the Chainlink price surged by 20% to $15.8. Right below this point is a barrier that #LINK has repeatedly tried to overcome in the past and failed. The price is again retreating from the $15.6 resistance, aiming to test support levels at $14.6 and $13.4. If this time LINK holders start selling, potential downside could push the price to the last support level mentioned above. However, if the resistance at $15.6 is successfully breached and turns into support, a recovery is possible. The next critical resistance is at $18. 👍Could you share?
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🔐 Cyber News (Apr 22, 2024): 1️⃣ ZachXBT: Over 40% of projects in the #Solana ecosystem ceased further development a month after presale. An expert studied 27 projects that raised over 655,000 SOL during token presales. 12 of them turned out to be associated with fraud. 🔍 2️⃣ Bleeping Computer: Malicious actors have created a phishing version of the legitimate decentralized OTC platform Whales Market for cryptocurrency trading and are promoting it in Google search results. The advertisement in the search engine is labeled as "sponsored," making it more noticeable. Google has not commented on the situation. 🎣 3️⃣ CoinDesk: Indian citizen Chirag Tomar confessed to creating a fake Coinbase cryptocurrency exchange website, stealing hundreds of users' credentials, and embezzling over $9.5 million in cryptocurrency. 💻💰 4️⃣ Wu Blockchain: The decentralized gambling network #ZKasino is suspected of fraudulent activities against its users. The project team raised 10,515 ETH and then closed the Telegram channel and blocked fund withdrawals. 🎲❌ 5️⃣ SCMP: Hong Kong police have announced the arrest of 72 individuals as part of an investigation into fraud at the #JPEX cryptocurrency exchange. Law enforcement also froze assets totaling 228 million HKD ($29.37 million). In total, the police received 2,636 reports from victims. The damage amounted to about 1.6 billion HKD (~$204.3 million). 🚔💰 👍 Enjoying the updates? Feel free to subscribe for more or drop a like! Have questions? We're here to answer.
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📈 Prediction (ETH and MATIC): 💪 ETH/USDT - Over the past few days, the price of #Ethereum has significantly declined, following broader market trends. However, the token is holding above the $3,000 mark, giving investors hope for price growth. This is because a large portion of the coin's circulating supply is confined within a 20% rally. According to Global In/Out of the Money (GIOM) data, around 9.14 million ETH, totaling over $27.4 billion, was purchased between $3,537 and $3,118. Forecast: Currently, Ethereum's primary task is to defend the $3,000 level and not lose it as support. Considering that investors are currently very bullish, #ETH has the potential to initiate a rebound. The most likely outcome is a potential 20% rally, which would send the altcoin above the $3,500 mark. To achieve this, the price will first need to overcome resistance at $3,376 and turn it into support. Completing such a rally will help the aforementioned supply volume return to profit territory, which may inspire investors. On the other hand, if this critical support level is lost, Ethereum will decline and test the $2,736 mark. A breakthrough of this support will invalidate the bullish scenario and lead to further price declines. 🖖 MATIC/USDT - At the time of writing, the price was bouncing off the $0.65 support level and was close to breaking the $0.70 resistance. Considering investors' desire for price growth, Polygon could target the $0.81 resistance, provided it turns the $0.70 level into support. The MACD indicator also shows signs of strengthening bullish sentiment. This technical indicator is used to identify changes in momentum and potential trend reversals of an asset. The formation of a potential bullish crossover suggests that the price could reverse in the coming days. Broader market bullish signals could contribute to a recovery of 20% or more. However, if the $0.65 support is breached and #MATIC falls to $0.60, the coin will become vulnerable to a decline to $0.53. A drop to this support will nullify the bullish scenario and lead to further losses. 👉 Share.
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