EPISODE · Apr 30, 2024 · 50 MIN
Blockchain DXB: Crypto & Coffee at 8 ☕ 🚨 Dubai: 30th April 🚨 🔻68% of Runes are Ruined ⚡ Aus spot Bitcoin ETF👀 MicroStrategy Q1 loss but acquire more #BTC 😱$3 Billion to be unlocked in May
from Blockchain DXB · host Blockchain DXB
30th April: Crypto & Coffee at 8🔻68% of Runes are Ruined ⚡ Aus spot Bitcoin ETF👀 MicroStrategy Q1 loss but acquire more #BTC 😱$3 Billion to be unlocked in May ⚡ Top 50 Runes by the number of holders are down 30% on average as of April 29, OKX data here https://lnkd.in/dfZbErJZ shows two-thirds of them (34 out of 50) are in the red. As of April 29, there were more than 349,000 Runes holders, according to data from Rune Alpha. That’s almost half of the active addresses on the network as tracked by on-chain data firm IntoTheBlock. 🎙️ Check out Blockchain DXB podcast we share more information on this 💡 According to Franklin Templeton, Runes positions Bitcoin to close the gap with Ethereum and Solana’s fungible tokens markets 📊 Australia’s Top Exchange Expected to Approve Spot Bitcoin ETFsASX, Australia’s largest securities exchange, is expected to approve spot Bitcoin ETFs before the end of 2024. The exchange is engaging with issuers interested in admitting cryptoasset-based ETFs, but has not provided a specific timeframe. Applications for spot Bitcoin ETFs are pending from asset management firms VanEck, DIGITALX, and Betashares. Info via Bloomberg https://lnkd.in/diWGxZtC 🚨 MicroStrategy (MSTR) reported a net operating loss of $53.1 million, or $3.09 per share, in the first quarter after taking a digital asset impairment charge of $191.6 million, according to a Monday afternoon press release here https://lnkd.in/dUzeJ_Sf MicroStrategy purchased 122 additional Bitcoin for a total of $7.8 million between April 1 and April 26, according to the report.As of Friday, MicroStrategy holds 214,400 Bitcoin, or $13.5 billion worth at the current price of the asset. 👀 In May, $3 billion worth of tokens will be unlocked across seven different projects, including Pyth and Aevo. Pyth will unlock 2.13 billion tokens, while Aevo will implement both cliff and linear unlocks. Other projects like Avalanche, Memecoin, Ethereum L2 Arbitrum, Aptos, and ApeCoin will also release tokens into the market. Timelines are below- DeFi oracle network Pyth- 20 at 2pm UTC, 2.13 billion PYTH token ($1.24 billion)- On May 15, 827.6 million AEVO tokens (($1.24 billion))- Memecoin will also be releasing 5.31 billion MEME tokens ($147.95 million) on May 3, followed by 49.47 MEME tokens ($1.38 million) a day for the next 184 days.- Ethereum L2 Arbitrum will be unlocking 92.65 million ARB ($103.76 million) on May 16- Aptos is unlocking 11.31 APT ($102.1 million) on May 12 for the foundation, community, core contributors, and investors.- Bored Ape themed ApeCoin will be releasing 15.6 million APE ($19.97 million) on May 17, mostly going to the treasury and Yuga Labs❗ What does this mean for the global crypto market? 🟠 Two UAE news (See slides)⚡ Sheikh Hamdan announces launch of Dubai Universal Blueprint for Artificial Intelligence ⚡ Abu Dhabi Autonomous Racing League showcases the capabilities of autonomous vehicles and virtual reality applications For slides click here: https://tinyurl.com/2h2x94sx LinkedIn Profile: https://tinyurl.com/bdeevbru To support this channel: ⚡ Advanced Media ⚡ https://www.amt.tv/ ⚡ Ledger Wallet 🔑 https://shop.ledger.com?r=ae54df359c4d ⚡ https://startupoi.com/ ⚡ Download the App ⚡ The Race Space Podcast 🎙️ Instagram: @theracespoacepodcast Podcast Host: @black_incarnation ⚡ Buy me Coffee ☕ https://www.buymeacoffee.com/info36/w/6987 To show your support see below ⚡ Tether USDT (ERC20) 0x7acd89cececd5b125a2fc4caa9bc642879579f1e ⚡Leder Wallet! Link https://shop.ledger.com?r=ae54df359c4d ⚡ Bitcoin address: 02ddf96964b352b75dd660a56a5162bf9e76e549e31263b88ed93015e635771795 ⚡ Ethereum address 0x2662CFE66d24bB7930b9d9dC0B5Fe809A1501d28
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Blockchain DXB: Crypto & Coffee at 8 ☕ 🚨 Dubai: 30th April 🚨 🔻68% of Runes are Ruined ⚡ Aus spot Bitcoin ETF👀 MicroStrategy Q1 loss but acquire more #BTC 😱$3 Billion to be unlocked in May
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