What Happened on Crypto Market over the last 24h?
📢Micro news
🔸 $BTC - Bitcoin hits $63,000 per coin, up 7.29% for the day. Market cap reaches $2.444 trillion.
🔸 $GBTC - Grayscale's spot #BitcoinETFs sees its first inflow ($63M) since launch.
🔸 $IBTC - #HongKong-based Yong Rong Asset Management purchased BlackRock IBIT worth $38 million
🔸 $FRIEND - has launched the $FRIEND token, users dumping their holdings caused FRIEND from Airdrop to decrease in value by over 99%, and it is currently trading around $1.5 with a market cap of $100 million.
🔸 $FET - Fetch_ai adds 1.4 billion $FET to support the 1:1 conversion to #ASI - Merger project between $FET, $AGIX, and $OCEAN.
🔸 $OSMO - osmosiszone intends to debut "alloyed bitcoin" next month, with staked BTC integration slated for June.
🔸 $MKR - Maker has unveiled its rebranding, announcing that each MKR will be redenominated to 24,000 $NGT and $NST
🔸 $TON - Ton Foundation confirms no #Web3 phones have been issued, all other products are community-driven ideas.
🔸 $ZRO - #LayerZero is urging users to violate Sybil self-declaration in order to receive a 15% allocation instead of zero.
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📢Macro News
🔸 FED has no intention of raising interest rates and has announced a reduction in the pace of quantitative tightening from $60 billion per month to $25 billion per month.
🔸 The US SEC postponed its decision on 7RCC spot Bitcoin and carbon credit futures ETFs
🔸 #BlackRockCrypto says now is the time to lock in higher yields and move cash into bonds
🔸 SEC shuts down Trump Media auditor over ‘massive fraud’
🔸 Private equity firms step up plans to edge banks out of low-risk lending
🔸 US stocks rally as cooling labor market boosts rate cut hopes
