Notcoin again comments on the prospects for listing the NOTCOIN token. This time in the official Telegram channel.
The most important thing is that they make it clear that there will be no rush, they do not name dates and do not mention the previously mentioned “end of April” deadline.
"When listing
When it's ready 💅
Exchanges are working on updated integration of tokens with high-load wallets, the team is improving the application process, voucher exchange and new opportunities for you.
We're almost there, but to be honest, there's no rush. We have wonderful years ahead of us on our journey.
Before listing, you could learn more about web3, set up wallet or Tonkeeper wallets, learn how to buy cryptocurrency and withdraw it to fiat. This will make your task easier at the new stage.
There are options for those who want to trade now.
Advance vouchers available on getgems are now more affordable thanks to the TON price.
Another option: wNOT token backed by pre-market vouchers through shardify.
Both vouchers and wNOT can be exchanged for Notcoin closer to listing.”
The#Notcointeam previously promised to launch the token “at the end of April.” Open Builders founder Alexander Plotvinov announced information about launch plans at the end of the month in an interview with #Decrypt. But then he also stated that there was no connection to dates and no rush.
The process is dragging on. Three days until the end of the month.

MicroStrategy may be included in the S&P 500 index,#Coindeskreports.
BTC maximalist#MicroStrategycould earn inclusion in the S&P 500 if it adopts new accounting rules and reports “positive earnings per share” (reporting after market close on April 29).
MicroStrategy could increase profits by $3.1 billion if it decides to adopt the new standards. Broker#Benchmarkexplains that if a company is included in the S&P 500 index, it will increase its valuation because index funds will be forced to buy its shares.
New FASB rules allow companies to report financial statements based on the market value of their crypto assets. The rules come into force on January 1, 2025, but early implementation is allowed.
The consensus among analysts is that MicroStrategy will report a loss per share of $0.55 in the first quarter of 2024. Benchmark estimates that if the company chooses to adopt the new standard early, it could report earnings of more than 300,255,349,4342 per share (!) for the quarter.
Is a tighter correlation between#BTCand S&P 500 getting closer?

Let’s write separately what we wrote about at night - the dominance of BTC is preparing a reversal on the daytime timeframe. Let's detail it - the same as it was in November 2023, December 2023 and February 2024.
The last two such candlestick formations led to a V-shaped reversal of dominance and its active growth. The first also led to an increase in dominance, but through range.
All three such active growth of dominance were accompanied by an increase in the price of BTC. How will it be this time? As long as the#BTCprice is below the EMA of the 50 day TF (currently $64,630), an increase in dominance is more likely due to a correction in the#BTCprice and the entire market. But if the price is able to recover above this resistance or, moreover, breaks through $67,000 and begins to work out the P&P, we will see an increase in dominance on the growth of the BTC price for the fourth time. By the way, it is important that on the four-hour time frame BTC received a “Cheap” signal from the trend indicator. You can wait for at least the EMA 50 test of the four-hour TF (currently $64,567).
Returning to dominance - it is very important that the supposed new momentum of BTC dominance should be the latest in a global rally. We expect a reversal either from the 57% level (local Double Top scenario) or from a test of upward trend resistance from June 28, 2023 (currently 57.92%). Afterwards - a reversal of the entire uptrend of dominance from September 2022. And, logically, it’s time for altcoins.
The BTC price volatility index has been decreasing slightly since the night review. And, given the weekend, it may decline both today and tomorrow. But this does not break the reversal structure of the Index chart. Increased volatility may return to the BTC chart as early as Monday, April 29th. But the reversal, as already written, may be delayed by the Index reversing across the range.
New big movements in BTC, exit from the range are already close. Either from Monday or, at most, with a delay of about a week.
$BTC

Our account on Binance Square has its first 10,000 subscribers today. 👏
2.5 months ago there was the first 1,000.
Completely organic growth, from +100 to +300 subscribers per day.
Thanks to everyone involved! For subscriptions, comments, reviews and donations 🤝.
Thank you#Binancefor an excellent platform for communication between crypto traders and investors without language barriers 🌎 🤝

Users who pre-ordered the Web3 smartphone Saga Chapter 2 could already cover its price. This is indicated in Step Finance.
In April, “cat” crypto projects Cat in a dog’s world (#MEW) and Maneki (#MANEKI) distributed an airdrop among owners of devices from Solana Mobile that have not yet been released. And in total, if these meme tokens were sold, users would receive 469$ at the current peak of prices:
- For 37,600 MEW with a maximum rate of 0.0089$ you could get $334.
- For 5199 MANEKI with a maximum rate of 0.026$ you could get $135.
With a smartphone price of $450. It is clear that the calculation is “ideal”, at maximum prices. Now prices are already lower. But the drops are only the first.
Let us remind you that the history of giveaways began with the first Saga phone. At first it cost 999$ and no one wanted to buy it. Then the price was reduced to $599. And this also did not solve the problem. But when the#BONKmeme token began to be distributed to smartphone owners, all the phones were sold out, and their resale price on eBay reached $5,000.
The phenomenon of a “smartphone that pays you” is the know-how of the crypto market in the new cycle. Now the release of a “cryptophone” is being prepared for the TON ecosystem by Oyster Labs (a participant in the TON X Hashkey accelerator).
One could say that this is a great way to shake the monopoly of Apple and Samsung, iOS and Android. But now it’s more likely an opportunity to sell a not-so-high-quality device for real money, promising “printed cryptofantasy” in return 😁.

Fidelity recorded an increase in the number of BTC wallets with a balance of more than $1,000. According to the Fidelity Digital Assets report, for the first time in history there were more than 10 million. Since 2023, this figure has doubled.#Fidelityexperts called the short-term prospects of the first cryptocurrency “quite positive.” Of the coin's 16 metrics tracked, a quarter are considered "negative" or "neutral" and half are considered "positive."
Among the “negative” indicators, the report highlights the unrealized profit of BTC holders. By the end of the first quarter, more than 99% of Bitcoin addresses were in the black, and this is bad because it increases the risk of a sell-off.
Fidelity also noted the continuation of the long-term trend towards a decrease in BTC balances on crypto exchanges. The figure in the first quarter fell by 4.2%, to 2.3 million #BTC. This is 30% below the 2020 high of 3 million BTC. At the same time, experts emphasized that the withdrawal of an asset from exchanges “does not necessarily indicate the popularity of self-storage.”
$BTC

BNY Mellon, in a report to the SEC, announced an allocation to two spot Bitcoin ETFs. From#BlackRockand #Grayscale.
This bank is one of the oldest in the USA. The world's largest custodian bank and securities services company, with $1.8 trillion in assets under custody and $45.7 trillion in depository assets.
According to the documents, BNY Mellon currently has 19,918 IBIT and 7,108 GBTC on its balance sheet. Which corresponds to approximately 18,000 BTC.
A small positive against the background of the current dismal situation in the camp of spot Bitcoin ETFs.
$BTC

As of April 30, the DTCC will prohibit the use of Bitcoin ETFs as collateral for other loans and credits in the United States. Depository Trust & Clearing Corporation (DTCC) notifies about this, clarifying that this ban applies to all other crypto products:
“...No collateral value will be provided for any ETF or other investment vehicle that includes BTC or any other cryptocurrency as an underlying investment and will therefore be subject to a 100% discount...”
As a reminder, Depository Trust & Clearing Corporation clears NASDAQ trades. On NASDAQ from Spot Bitcoin ETFs:
-#BlackRock(!), iShares Bitcoin Trust - #IBIT.
-#Bitcoinfund#Valkyrie- #BRRR.
This significantly worsens the value of cryptocurrencies for the traditional US financial market. Negative for crypto assets in the States if the situation does not change in the future.
It is not yet clear whether#BTCand altcoins are now declining due to this news.#BTCdropped below $63,000, breaking through the volume level of $62,987. Altcoins are falling more noticeably, BTC dominance is growing.
Separately, we note that, as predicted on April 26, BTC’s dominance is beginning to reverse upward. We see a reversal formation on the daily candles.
If the dominance trend continues, the end of this week and almost the entire next week will be a period of increasing BTC dominance. Taking into account the current situation on the market, this increase in dominance will most likely be due to a correction in the crypto market.
The BTC Price Volatility Index is also ready for a reversal. Place a green vertical mark on the chart. On April 27-28, we expect the end of the decline and the beginning of the growth of the Index. The question, we repeat, is only whether this will be a V-shaped reversal of the Index, or a reversal across the range. RSI and MACD of the Index on a daily basis - for the second option. BUT the reversal signal of BTC dominance is for the first one.
$BTC

The Bitcoin blockchain has updated its historical maximum in the number of transactions per day of transactions. New record - 927,010.
This significantly exceeds the previous maximum of 724,000 transactions, set in December 2023.
The most obvious reason for the spike is the launch of the#Runesprotocol. Since the launch of Runes on April 20, according to #Dune, the new standard on average accounts for more than 60% of transactions on the Bitcoin blockchain. On some days this week the value exceeded 80%.
By the way,#Arkhamanalysts discovered two airdrops of Runes tokens totaling more than $20,000 on two Blackrock ETF wallets. But so far there is no reason to believe that#Blackrockknows about them at all or can gain access to them.

Payment giant Stripe will add support for cryptocurrency transfers. What’s interesting is that the company is doing this after a six-year pause. Having added them earlier, in 2018#Stripeabandoned crypto transfers, citing the high volatility of the#BTCprice.
Now at the start, transfers to#USDCwill be available in the service on the #Ethereum,#Solanaand#Polygonblockchains.
Stripe President and Co-Founder John Collison said that transactions are instantly processed on-chain and automatically converted to fiat. The company has opened a waiting list.
- At the end of 2019, Stripe withdrew from the#Diemproject from Facebook.
- In 2021, Collison described himself and the company as “enthusiastic BTC fans.”
- In December 2022, Stripe introduced its own ramp for online exchange of fiat for cryptocurrencies. It can be embedded on the store’s website and at the same time customized as much as possible. At the same time,#Stripeitself was valued at $100 billion.
- In July 2023,#Forbesincluded#Stripein the TOP 10 best fintech companies in the United States.

Whales, as of the end of April 2024, continue to accumulate BTC.#CryptoQuantdata shows this.
Currently, the balance of whale wallets is 5,157,592#BTCor about $331 billion at the current exchange rate.
Of them:
- Address balance from 1,000 to 10,000 BTC: 3,601,306 BTC.
- Balance for addresses with more than 10,000 BTC: 1,556,286 BTC.
$BTC

The BTC wallet Phoenix Wallet announced that it will stop business in the US and remove its application from the US AppStore and Google Play. It's already May 3rd.
The decision was announced today after the US SEC announced its intention to charge MetaMask with illegal brokerage activities, and the FBI attacked Samourai Wallet and warned US citizens against using crypto platforms that do not require KYC.
American regulators continue to tighten the screws; crypto business continues to leave the States.

Word to the “wavers” - the BTC rate is in the final phase of the 5th wave of growth with a target of about $220,000. This is what analyst and crypto blogger Gert van Lagen (95.4 thousand subscribers in X) thinks:
“$BTC is in the final phase of wave (5) within ⑤.
The final part of such a wave was always at an angle of 81°.
Elliott channeling method:
The trend line passing through ① and ③ to the 81° projection of ⑤ gives a value of ~$220 thousand within the next ~5000 blocks.”
The post is exactly on the topic of our post today that growth will not last forever. $220,000, I must say, is not the most optimistic of forecasts (remember Cathie Wood from Ark Invest). But for now we generally admit that a reversal of the entire macro-uptrend can begin at +/- $100,000.
$BTC

A number of BTC miners are showing a sharp drop in daily production of new coins. According to#CryptoQuantanalysts, we are talking about miners MARA, Bitfarms, Core Scientific, RIOT and CleanSpark.
CryptoQuant analyst Julio Moreno called the problem “a miners’ hangover after the halving.” The situation will probably improve soon. But it is worth remembering that even pre-halving production was not enough to cover the demand of issuers of spot Bitcoin ETFs. And although their demand has dropped significantly in recent days, after the end of the#Grayscalesales (and sooner or later they will end), the problem of the lack of assets on the market will be revealed in all its glory.
Meanwhile, the US SEC filed a lawsuit against the founders of the Texas mining company Geosyn, accusing them of $5.6 million in fraud. And this is the case when the SEC is right in its accusations (even after the fact). According to the materials, Joseph Ward and Jeremy McNutt defrauded 64 investors by falsely claiming lucrative contracts and equipment purchases. They used investments from new clients to pay off old ones from November 2021 to December 2022. The founders spent 1.2 million $ on nightclubs, travel, weapons and the purchase of luxury goods. 354 500$ were paid to investors allegedly in the form of profit received.
“Miners of a healthy person” VS “Miners of a smoker” 😄

New FUD for USDT - American Stablecoin Bill.#Bloombergquotes Democratic member of the US House of Representatives Maxine Waters as saying that the stablecoin bill is almost ready and will appear soon. According to her, the Fed, the Treasury and the White House contributed to its development. A scary list, knowing the attitude of Democrats towards crypto assets.
Another congressman, Sherrod Brown, said he was “open to an agreement that would combine the stablecoin legislation with the marijuana banking bill.” There is a feeling that Congress does not fully understand the importance of resolving the issue. In an industry where the US is increasingly falling behind. Although retaining a huge share of liquidity.
So far, it is known that the document prohibits unsecured algorithmic stablecoins and introduces an anti-money laundering mechanism. It also obliges issuing companies to create reserves of cash and cash equivalents in a one-to-one ratio to secure tokens. Sounds constructive. But there's something else.
Standard & Poor's Global analysts estimate that if the new law is adopted, it will give banks a competitive advantage by limiting the amount of issuance for organizations without a banking license to just $10 million. Accordingly, analysts believe that this law will be able to “undermine the dominance of #Tether.” Their#USDTcapitalization, let us remind you, is $110 billion. Plus the issuer is a non-US company.
But Standard & Poor’s Global admits that we are talking only about the US market:
“... This could reduce demand for the asset and contribute to the growth of the issuance of American “stable coins.” According to our observations, USDT transactions occur primarily outside the US, in emerging markets, and are driven by retail users and remittances."
So this will not put an end to the future of USDT. The biggest risks for stablecoins lie in US sanctions policy. It could hit#Tetherand help#Circleexpand with their#USDCto foreign markets. And she's already coming.

Consensys hired Wachtell to fight the SEC. Which is already defending the interests of#Coinbasein a lawsuit with the SEC. FOX Business crypto journalist Eleanor Terrett points this out:
“Consensys hired the same Wachtell lawyers that Coinbase uses in its fight with the SEC.#Wachtellare widely recognized as some of the best trial lawyers in the world.”#ConsensysPR Director Andrew Keyes commented, “They definitely didn't save any money by hiring the best law firm in the US.”
It looks like the US SEC will have a hard time, and there is no need to worry about the fate of#ETHand #MetaMask.

The April decline in BTC is a shakeout and consolidation before growth. This conclusion was reached by analyst and crypto trader Trader Tardigrade (48.6 thousand subscribers in X), analyzing the#BTCchart on a three-day timeframe:
#Bitcoinmoved higher from the breakout and returned to the consolidation range. In this case, if $BTC remains above the lower consolidation boundary, it is SHAKEOUT 🔥
For each pump, starting from the bottom of the cycle in 2022, there is a similar SHAKEOUT.
Soon we may see $BTC 🚀"
The idea is logical, and it has been said many times that the April percentage decline is similar to previous ones in this cycle. Drawing similar structures (consolidation - impulse breakdown - consolidation).
The only thing that confuses us is that such structures cannot be repeated endlessly. And if you listen to the same supporters of the wave theory (which will come in handy here) - according to many, even global, taking into account past cycles, the price of#BTCis in the fifth, final wave of growth before the correction. Or, at best, we are approaching the beginning of this wave.
$BTC

W is now multi-chain on Ethereum and Layer-2 with built-in Wormhole Token Transfer (NTT). This is reported by the#Wormholeproject website.#Wnative tokens are now available on #Solana, #Ethereum, #Arbitrum,#Optimismand#Basevia the Wormhole Native Token Transfer (NTT). With NTT, users can seamlessly transfer W across Solana, Ethereum mainnet, and L2 EVMs without the complexities of liquidity fragmentation or liquidity pools, while maintaining the utility of W in the Wormhole ecosystem.
The project states:
“The creation of a multi-chain for W completes the second stage of the W launch roadmap. This launch will lead to the creation of the industry's first multi-chain governance system, MultiGov, and W-staking for governance. These advances lay the foundation for future token functionality that is only possible with NTT and a native multi-chain token.”
In addition, information has appeared on the network that#Wholders will subsequently receive a drop of #Monad, a new EVM-compatible blockchain. In which $19 million was invested by such funds as DragonFly Capital, Shima Capital, Lemniscap. Monad is also in negotiations to raise $200 million with the participation of Paradigm.
The#Wprice made +27% on the news yesterday, in an attempt to test the EMA 200 of the two-hour time frame. But today I corrected half of the movement and returned below EMA 50 of the two-hour TF and EMA 50 of the four-hour TF. To confirm a reversal, you need to consolidate above these moving averages and above the volume level of $0.599. It is now on the chart - the most significant. The second confirmation should be a breakdown of EMA 200 of the two-hour time frame.

Bloomberg again states that mainland Chinese citizens will not be able to purchase Bitcoin and Ethereum ETFs in Hong Kong. As a reminder, spot Bitcoin ETFs in Hong Kong will be listed on April 30th.
According to#Bloomberganalyst Jack Wang, the reason is that many years ago, mainland China banned cryptocurrency transactions. The story of spot Bitcoin and Ethereum ETFs is no exception. Wang cited a statement from China's State Council issued in September 2021, which stated that any financial institution is not permitted to establish accounts, transfer funds, or provide clearing for any cryptocurrency-related transactions.
“So even for a futures crypto ETF listed in Hong Kong (I actually tried to arrange a trade), brokers will simply refuse the trade,” Wang said.
The US ETF market has almost $9 trillion in assets. The entire Hong Kong ETF market is about $50 billion, which is significantly less. The Mainland China ETF is worth about $325 billion.
Wang also expressed confidence that the launch of#BTCand#ETHspot ETFs in Hong Kong will not have a positive impact on the regulatory environment in mainland China and will not open up the cryptocurrency market to Chinese investors.
However, Thomas Zhu, head of digital assets at Hong Kong-based China Asset Management (or China AMC), said in a comment to #Cointelegraph:
“...the right of mainland Chinese investors to purchase crypto ETFs in Hong Kong is subject to the adoption of upcoming regulatory changes...”
Earlier, Eric Balchunas, senior ETF analyst at #Bloomberg, said that Hong Kong's spot Bitcoin and Ethereum ETFs are not yet capable of matching the importance of American Bitcoin ETFs.
In short, until Chinese capital goes into spot crypto ETFs. But everything can change if there is a political decision by the PRC leadership.

The FBI has warned US citizens against using crypto platforms that do not require KYC. Urged to avoid companies that are not registered as money services businesses (MSBs) under federal law and do not comply with anti-money laundering (AML) regulations.
They added that “a company’s inclusion in the MSB list is not a guarantee of legitimacy, nor is its addition to app stores.”
As noted by the department, all platforms related to cryptopayments must be audited by the Financial Crimes Enforcement Agency (FinCEN).
Separately, the FBI, without mentioning names, mentioned the recent story of blocking Samourai Wallet. Stating that "the FBI recently conducted enforcement operations against crypto services that were not licensed under federal law."
The FBI emphasized that "using a service that does not comply with its legal obligations may put you at risk of losing access to funds after law enforcement strikes these businesses."
It should be noted that this is the first time in our memory that the FBI has given such separate explanations. Is the Samourai Wallet story just the beginning?