TGIF, the last Friday of the month means… Options Expiration Day! But did the Crypto market cared about it? absolutely not… 😫
📉Market Movers 📈
- NEXO jumped 15% after being listed on Binance to back on early positions after few hours
- Bitcoin touched $40k but was rejected right away
- During a wild 24 hours, futures tracking ApeCoin’s APE 🙉 tokens lost roughly $36 million in liquidations
- Its the last Friday of the month, that means… Option Expiration
- Ethereum .eth Domain Name Sales increase 2,300% 👩💻
- Polkadot buying volume keep falling as bear market hits interest over DOT
- Apecoin’s 🙊 24-hour trade volume currently ranks fourth after Tether, Bitcoin, and Ethereum, according to Coinmarketcap
- Fantom looks like it’s trading on shaky grounds after losing a vital support area of $0.96, FTM can fall until $0.65 if bearish trend continues
- The Federal Reserve 🏦 is likely to raise rates by half percentage point sometimes next week 🤢
- 🥱On April 29, Bitcoin (BTC) plummeted into the Wall Street open as US markets opened to volatility, including an 11% plunge in Amazon stock
- Zilliqa ZIL was one of the worse top100 performers on April losing 63% in just a month
- Withdrawals on the Solana (SOL) network have been temporarily halted, according to Binance. ❌
- AVAX lost more than 30% during the mont of April
- Bitcoin failed to stay above the $39k line and closed the day around the $38.7-38.9k area, most of alt coin on a loss over the daily
📰Today’s News📰
- Cryptocurrency trading and hedge move from Singapore to Dubai chasing more crypto friendly environments
- Edward Snowden is John Dobbertin, the final pseudonymous individual who helped build the privacy coin Zcash ZEC, at least according to Zcash Media
- The mayor of New York 🏙 , Eric Adams, is pushing for the cancellation of the stringent BitLicense system for bitcoin exchanges, which he claims is suffocating innovation and economic progress
- U.S. Labor Department seriously concerned over Fidelity Investments proposal that would enable clients to put Bitcoin into their 401(k) plans
- Tony Blair and Bill Clinton talking cryptocurrencies and blockchain in a panel at Crypto Bahamas
- Eth2 deposit contract now holds 10% of the circulating ETH supply
- Binance has blocked the crypto accounts of Russian government relatives 🛑
- Binance has suspended the lending function of Apecoin (APE) due to excess demand
- To prevent front-running and insider trading 📈, Coinbase is modifying its listing procedures.
- Coinbase started to offer custody services for BFC, C98, DODO, MTL, PROM and REEF
- Samsung Asset Management is reportedly going to list a blockchain ETF on the Hong Kong Stock Exchange soon
- CoinMarketcap in an Among Us style Twitter post asking who is the impostor among all Crypto mentioned that XRP was the impostor because it doesn’t have the qualities of a real cryptocurrency🫵

👍Adoption👍🏾
- Panama 🇵🇦 is following El Salvador’s lead in adopting Bitcoin and other cryptocurrencies such as the XDC Network as legal tender.
- With yet another digital yuan giveaway of 15M digital yuan China’s central bank is continuing to test its central bank digital currency 🇨🇳
- DappRadar’s report states that US crypto adoption is still high despite global financial crisis and market fears 😷
- Switzerland’s 🇨🇭 National Bank refuses to hold Bitcoin as they “do not believe bitcoin meets the requirements of currency reserves” 👎🏼
- Fast Food chain Welly has announced that the community behind the meme coin Shiba Inu will have a 15% ownership stake in its business 🍔
📢Opinions📢
- Roger Vet back on Twitter and said DOGE is the real BTC competitor 🥹
- 🚀Bitcoin has reached “escape velocity” according to SkyBridge Capital founder Anthony Scaramucci as the number of holders might exceed a billion in the next three to four years.
- Bitcoin’s correlation with stocks has risen to alarming levels, according to many analysts
- Anatoly Yakovenko says that Bitcoin will eventually see a big portion of its users migrate to other platforms unless it switches to a proof-of-stake mechanism 🚪
🛠Tools & Links⛓
Subsocial is an open platform that enables anyone to create decentralized social networks and marketplaces based on Polkadot parachain Kusama