Mysterious Whale Deposits 100 Billion SHIB Tokens on Coinbase Before FOMC Meeting
A mysterious crypto whale has transferred a staggering 100 billion Shiba Inu (SHIB) tokens to a hot wallet on Coinbase, the largest cryptocurrency exchange in the U.S. This large-scale deposit occurred just ahead of the much-anticipated Federal Open Market Committee (FOMC) meeting, sparking speculation about potential market movements. For more details, read the full article here.
#CryptoWhale #SHIB #Coinbase #FOMC

Hong Kong has introduced spot exchange-traded funds (ETFs) for Bitcoin (BTC) and Ethereum (ETH), marking a significant development in the cryptocurrency sector. This move is expected to enhance liquidity and provide more structured investment opportunities in the crypto market. Analysts predict this could have substantial implications for both retail and institutional investors. For further details, read the full article here.
#HongKong #CryptoETF #Bitcoin #Ethereum

James Fickel bought another 1,697 ETH 7 hours ago. The current long ETH/BTC exchange rate has a floating loss of 9.8 million US dollars. 0x Information reported that according to Ember Monitor, Amaranth Foundation founder James Fickel continued to spend 5 million USDC to buy 7 hours ago. 1,697 ETH, with an average price of $2,946. James Fickel has been long the ETH/BTC exchange rate since early January this year: mortgaging ETH and borrowing a total of 2321 WBTC ($134 million) from Aave, then selling it for 42,325 ETH. The ETH/BTC exchange rate costs at 0.0548. The current ETH/BTC exchange rate price is 0.0508, which means that his long exchange rate currently has a floating loss of approximately US$9.8 million (-7.3%).

The address associated with Wintermute deposited 771.6 BTC to Binance, equivalent to approximately US$44.46 million. 0x News reported that according to monitoring by on-chain analyst @ai_9684xtpa, 20 minutes ago, the address associated with Wintermute 19piV...ZBXKJ deposited 771.6 BTC to Binance. Valued at $44.46 million. https://twitter.com/ai_9684xtpa/status/1785853172604641544

U.S. legislators are negotiating a stablecoin bill, aiming to separate it from unrelated legislative attachments. As discussions intensify, the potential combination of stablecoin regulation with marijuana banking reforms is being considered. These efforts, amid ongoing debates, highlight the complexities of introducing cryptocurrency regulations alongside traditional banking reforms.

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The Hong Kong Spot Cryptocurrency ETF raised approximately HK$2 billion on its first day, surpassing the first-day performance of the U.S. Spot Bitcoin ETF. 0x News reported that the first batch of spot cryptocurrencies under China Asset Management (Hong Kong), Boshi Fund (International), and Harvest International Assets ETF officially landed on the Hong Kong Stock Exchange. Overall, the first batch of spot cryptocurrency ETFs performed actively on the first day, with a transaction volume of more than HK$87 million. Among them, the Bitcoin ETF rose by more than 1%, which was stronger than the Ethereum ETF. Relevant channel sources said that the issuance of China Asset Management (Hong Kong) has strong momentum. On the first day of its issuance, the China AMC Bitcoin ETF and the China AMC Ethereum ETF raised more than HK$1.1 billion, exceeding the first-day fundraising scale of the U.S. Bitcoin ETF. Combined with the total funds raised by the other two institutions, the first batch of cryptocurrency ETFs has raised approximately HK$2 billion. Analysts believe that Hong Kong investors have shown strong interest in virtual assets. As the virtual asset infrastructure and ecosystem continue to improve, the asset management scale of cryptocurrency ETFs is expected to expand significantly. news.10jqka.com.cn/20240501/c657487022.shtml

The total net asset value of Bitcoin spot ETFs was US$49.413 billion, and the ETF net asset ratio reached 4.19%. 0x News reported that according to SoSoValue data, the total net outflow of Bitcoin spot ETFs yesterday (April 30, EST) was US$162 million, including: Grayscale ETF GBTC had a single-day net outflow of US$93.2277 million, and the current historical net outflow of GBTC is US$17.303 billion; the Bitcoin spot ETF with the largest single-day net inflow is Ark Invest and 21Shares’ ETF ARKB, with a single-day net inflow of 359.53 Ten thousand US dollars, the current total historical net inflow of ARKB reaches US$2.218 billion. As of press time, the total net asset value of the Bitcoin spot ETF is US$49.413 billion, the ETF net asset ratio (market value as a proportion of the total market value of Bitcoin) reaches 4.19%, and the historical cumulative net inflow has reached US$11.781 billion.

Neo: Some of the stolen funds involved in the security incident on February 8, 2023 have been recovered. According to 0x information reports, according to official news, Neo issued an update on the previous security incident: On February 8, 2023, a security vulnerability occurred in the Neo migration address. , resulting in unauthorized transfers of tokens to three different addresses: NWa7NWZueuAwbN4y6GWGWy56V76LyyrB33 NiFtgekYY6KY1XxwahVAyMtgX1WoJkrQXd NM1hSXxP8GSQcvxUNFAJgkuA4Btyz2ZMG1 Neo Council quickly responded by using the "BlockAccount" method in the local Policy contract These addresses were blocked to prevent further transactions. Prior to this, the attacker used the Flamingo platform to exchange various tokens including fUSDT, FLM, fwBTC, fwETH, and pONT for a total of 223,461 NEO. The hacker contacted the Neo team on February 13, 2023 to demand a ransom, but negotiations eventually broke down. Since then, these three addresses have been locked. Upon investigation, Neo Global Development (NGD) discovered that the fwBTC supply had been depleted due to an early unauthorized conversion performed by an attacker. After a technical assessment of asset security and consultation with Neo Council members, it was agreed to unlock the wallet address (NiFtgekYY6KY1XxwahVAyMtgX1WoJkrQXd). After extensive technical preparations, the Neo Foundation executed a series of transactions using part of the private key information previously provided by the attacker. These transactions are designed to reverse unauthorized conversions and restore the affected tokens (fUSDT, FLM, fwBTC, fwETH, and pONT) to facilitate the completion of all pending migrations. https://neo-blockchain.medium.com/update-on-security-breach-dated-february-8-2023-240a82443dd1

Solana whales have made a record-setting investment by allocating 100 million SOL tokens to a new blockchain project, highlighting a significant shift in the cryptocurrency landscape. This move reflects growing interest and confidence in emerging blockchain technologies, particularly those that promise enhanced scalability and efficiency.

For more details, you can read the full article here: [0xzx.com](https://0xzx.com/2024050110554353681.html)

Fantom Foundation sets up $6.5 million development fund for Meme coin team 0x News reported that Fantom Foundation CEO Michael Kong announced at the MemeGlobal event in Sydney on April 30 that the Fantom Foundation will set up a $10 million development fund for the Meme coin team. FTM prize pool (valued at $6.5 million). This move aims to attract Meme currency traders into the Fantom ecosystem, strengthen security measures around such tokens, and promote the concept of "safer Meme coins." Kong explained: “The Meme coin phenomenon that currently exists is a way for us to gain a large number of customers because we have seen the success of other chains and want to copy it.” (Cointelegraph) In previous news, Andre Cronje published an article explaining his design. The framework for community meme coins on Fantom. The token distribution plan is as follows: up to 10% of the tokens will be allocated for marketing-related expenses (exchange listing, promotions, KOL OTC, airdrops, etc.); 5% of the tokens will be used to support team expenses. The remaining 85% of the tokens will be placed in the foundation’s multi-signature FTM/token LP.

The Oklahoma State Senate and House of Representatives have passed a bill that protects the basic rights of Bitcoin users. Once signed by the governor, this legislation will safeguard rights to self-custody, mining, operating full nodes, and buying, selling, and trading digital assets. This legislative victory marks a significant advancement for the cryptocurrency movement in the U.S., promoting a framework that supports widespread adoption and use.

For more details, visit: [0xzx.com](https://0xzx.com/2024043011424353784.html)

A significant transaction involving 226 million Dogecoin (DOGE), worth approximately $32 million, has been executed from Robinhood to a single wallet address. This move by a notable Dogecoin whale signifies a strong buying action amid declining DOGE prices, sparking intrigue and speculation about future market movements.

For more details, you can read the full article here: [0xzx.com](https://0xzx.com/2024050111434353787.html)

Bitcoin's price has been steadily declining, with significant support levels at $62,500 and $61,200 being breached, suggesting strong bearish control. Despite a minor recovery, the overall downward trend remains. If Bitcoin fails to overcome the $60,400 resistance, further declines are anticipated, possibly testing lower support at $59,500 and potentially $58,000.

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Cryptocurrency analyst DonAlt suggests Bitcoin's price could drop to $40,000, highlighting the risk of a significant downturn following its recent peak at $62,300. This reflects broader market trends where Bitcoin faces downward pressure, influenced by decreasing whale activities and potential oversupply issues. The analyst sees a necessary price correction to sustain Bitcoin's bull run.
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In April, MicroStrategy acquired an additional 122 bitcoins, bringing its total holdings to 214,400 BTC, valued at approximately $7.54 billion. This strategic purchase is part of their broader investment approach, leveraging Bitcoin's market dynamics to reinforce their financial position and business strategy.
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Sui has teamed up with Google Cloud to push forward Web3 innovations, enhancing security, scalability, and AI capabilities. This partnership will provide robust support to developers through the integration of Sui blockchain data into Google Cloud's BigQuery, among other advanced tools, fostering new dApps and insights.
For more details, visit: [0xzx.com](https://0xzx.com/zh-tw/2024050100114352384.html)

Senators Elizabeth Warren and Roger Marshall have raised concerns to Biden administration officials about the potential for cryptocurrencies like Tether to be used to evade sanctions. They are particularly worried about nations like Russia, Iran, and North Korea exploiting such digital assets. The senators have requested additional authority to prevent these activities, emphasizing the importance of effective enforcement of sanctions to maintain their value.
For more details, visit: https://0xzx.com/zh-tw/2024043010004352348.html

Changpeng Zhao, the founder of Binance, faces potential imprisonment for 36 months in the U.S., following his plea of guilt for violating anti-money laundering laws. Despite legal challenges, Binance continues to thrive, maintaining a strong market position and projecting growth, partly due to the introduction of Bitcoin ETFs in the U.S.
For more details, you can read the full article here: [0xzx.com](https://0xzx.com/zh-tw/2024050100044352362.html)

Ripple is expanding its operations into Japan through a partnership with HashKey DX, leveraging the XRP Ledger (XRPL) to introduce innovative blockchain solutions. This collaboration aims to introduce advanced blockchain functionalities to Japanese businesses, starting with the SBI Group companies, and marks a significant move in Ripple's strategy to promote blockchain technology and deliver tangible value to enterprises.
For more details, you can read the full article here: [0xzx.com](https://0xzx.com/zh-tw/2024043023274352252.html)

According to CryptoPotato, Ripple recently experienced a sharp decline, breaking below a multi-month rising trend line and retracing towards the broken level, indicating bearish sentiment in the market. Looking at the daily and 4-hour charts, Ripple stabilized near $0.45 and attempted an upward pullback to resistance levels near $0.56 and $0.59, but encountered selling pressure and continued the bearish trend. The market is likely to continue to consolidate within the price range demarcated by the $0.45 support and $0.59 resistance zones. Note that the price is currently moving towards a potential pullback towards the key support area at $0.45, while important resistance in the short term lies between the 0.5 ($0.5310) and 0.618 ($0.5574) Fibonacci levels. Market trends need to be closely monitored as more fluctuations and adjustments may occur.