💰 Polkadot Referendum 706 proposes to reduce inflation and fix the total supply of DOT at 2.1 billion.

👉Polkadot Proposal 706 is currently being voted on, proposing to reduce inflation based on a new algorithm and targeting a fixed supply of 2.1 billion #DOT. As of now, there are more votes against the proposal.


@tokenize 🪙 | @cryptonerds 🪙

🤑Michael Saylor, the founder and current chairman of MicroStrategy, emphasized the significance of #Bitcoin in a recent tweet, stating “Bitcoin is the key.”

👉 Saylor’s tweet coincided with a nearly 2% drop in Bitcoin’s value over 24 hours, with the cryptocurrency trading at $62,890, down by about $2,000 since Friday.

@tokenize 🪙 | @cryptonerds 🪙

🇷🇺Russia is set to ban #crypto activities by September, allowing only state-approved digital assets like the digital ruble.

👉 The #ban, which is a compromise between total prohibition and regulated trade, exempts miners but aims to uphold the ruble's primacy in the economy.

#CryptoCrackdown
#CryptoBanRussia
#ETF2024

@tokenize 🪙 | @cryptonerds 🪙

🤑#BTC 🔽

bounce back or break lower 📉

@tokenize 🪙 | @cryptonerds 🪙

⚡️Quick Crypto News (29-Apr)

👉 Today's Top Gainers:
Lido DAO, Internet Computer, Picasso, and Monero are leading the market with significant gains. Investors are eyeing these tokens for potential growth opportunities.

👉 Bitcoin & Ether Market Update:
Amid U.S. stagflation fears, Bitcoin and Ether are nursing losses. The crypto market cap has dipped to $2.3 trillion, with a downward trend confirmation if it falls below $2.2 trillion.

👉 Altcoins on the Rise:
Various altcoins are trending upwards, indicating promising investment opportunities. Keep an eye on these tokens for potential growth (Helium 'HNT' ,HBAR, 5th Scape)

👉 Stagflation Fears Grip Crypto:
The crypto market is balancing the threat of stagflation against potential liquidity injections from the Treasury General Account (TGA) and the launch of Hong Kong's bitcoin ETFs.

👉 Regulatory Waves Affect BTC & ETH:
Bitcoin and Ethereum face regulatory challenges, with the market anticipating the Federal Reserve's interest rate decision. April may end as Bitcoin's worst month since the 2022 bear market.

#CryptoGainers #MarketUpdate #Altcoins #CryptoNews #RegulatoryChallenges

@tokenize 🪙 | @cryptonerds 🪙

💡For the Strategic Investor:

😀 What is AMM in the DeFi world?

👉 Automated Market Maker (AMM) Optimization:

👉 In DeFi, Automated Market Makers are protocols that allow digital assets to be traded in an automated manner without the need for a traditional buyer and seller match.

👉 Some traders optimize their earnings by providing liquidity to AMMs during times of high transaction volume, which can lead to higher fee earnings.

👉 This tactic requires an understanding of market patterns and the ability to predict periods of high demand.


Happy Learning and DYOR 💛😀

#DeFi #AMMOptimization #SmartInvesting #DYOR

@tokenize 🪙 | @cryptonerds 🪙

👉 Omnity Protocol has introduced a new feature for trading Runes tokens on the Bitcoin network with no gas or transaction fees, leveraging the Internet Computer (ICP) platform.

👉 This integration bypasses the need for cross-chain bridges and utilizes ICP’s Chain Fusion Technology to facilitate direct #Bitcoin transactions.

@tokenize 🪙| @cryptonerds 🪙

📢📢📢📢📢

👉Stay tuned for the announcement of our first series of giveaway winners on May 1st!

Who will be the lucky ones? Find out soon!

@tokenize 🪙| @cryptonerds 🪙

🎥🎥🎥🎥

👉 Spot Bitcoin and Ethereum ETFs Trading

🤑🤑Six spot #bitcoin and #ether ETFs have started trading on the Hong Kong #Stock Exchange.

@tokenize 🪙 | @cryptonerds 🪙

👆👆👆👆

👉The combined trading volume for the six ETFs that started trading was $11 million, which was significantly lower than the expected $100 million.

👉Bitcoin ETFs accounted for $8.5 million of this volume, while Ether ETFs contributed the remaining amount ($2.5 million).

👉The trading volumes were a fraction of those recorded in the United States, where the first-day trading volume hit $655 million.

#CryptoTradingHK
#HongKongETFs
#USvsHK

@tokenize 🪙 | @cryptonerds 🪙

#BTC 🔽

will this trigger an investor exodus, or can we expect a rebound...

@tokenize 🪙 | @cryptonerds 🪙

⚡️Quick crypto news (April 30)

👉 Bitcoin's Price Movement: Bitcoin fell to $62,000 as expectations for Hong Kong ETFs didn't meet the hype, with trading volumes for BTC products drawing just $8.5 million.

👉 Ethereum's Market Update: Ethereum is facing a downturn, with its price dropping to a weekly low of $3,042 amid concerns over the SEC's stance on the cryptocurrency.

👉 Crypto Market Cap:
The broader digital asset market has seen a decline, with the CoinDesk 20 Index dropping around 2.7%.

👉 Top Gainers: (⚠️DYOR)
Articles suggest looking into undervalued cryptos like Avalanche, Ethena, and Ethereum as potential buys for today.

👉 Under $1 Picks:(⚠️DYOR)
For those interested in cheaper investments, there are cryptos trading for less than $1 that are worth watching over the coming days(ONDO, OASIS, GALA, TUK, CHZ).

#cryptoNews
#MarketUpdate
#HongKongETF
#SEC

@tokenize 🪙 | @cryptonerds 🪙

#Btc these days😐

@tokenize 🪙 | @cryptonerds 🪙

⚡⚡⚡⚡
BITCOIN DIPS BELOW $60K

@tokenize 🪙 | @cryptonerds 🪙