05/03 #Bytoken Key quick-read daily reports (daily output, follow and like, no messages missed)
▰ Coinbase Q1 revenue reached US$1.6 billion, a 72% increase from the previous quarter
Coinbase's first-quarter revenue reached US$1.6 billion, an increase of 72% from the previous quarter. Institutional trading revenue reached US$85 million, and net profit reached US$1.18 billion.
▰ JPMorgan Chase: The recent sell-off in the cryptocurrency market was driven by retail investors
A JPMorgan Chase report pointed out that the recent massive sell-off in the cryptocurrency market was mainly driven by retail investors rather than institutional investors.
▰ 10xResearch: Bitcoin may have another “false breakout”
10xResearch reminds investors that as Bitcoin prices consolidate, a "false breakout" may occur again, and Bitcoin's relative strength has fallen back to a low of 40%.
▰ Yesterday, the US Bitcoin spot ETF had a net outflow of US$34 million, and only grayscale GBTC had a net outflow.
Yesterday, there was a net outflow of US$34 million from the US Bitcoin spot ETF, and the only net outflow was grayscale GBTC.
▰ Data: Jupiter has 196,000 independent active wallets, ranking first among DEXs
The number of independent active wallets in the Solana ecosystem Jupiter reached 196,000, becoming the largest among DEXs, followed by Uniswap V3 (168,200) and Raydium (101,910).
▰ BitMEX founder Arthur Hayes: The new U.S. monetary policy will help the crypto market rebound
Arthur Hayes pointed out that the Federal Reserve's reduction in the pace of balance sheet reduction will add $35 billion in liquidity per month, which may promote a rebound in the crypto market.
▰ Franklin Report: Solana’s growth may continue to consolidate its position as the third largest crypto asset
The Franklin Templeton report believes that Solana’s growth momentum may continue and is expected to consolidate its position as the third largest crypto asset.
▰ Bitcoin spot ETF had a total net outflow of US$34.3558 million yesterday, with net outflows continuing for 7 days
