Cryptocurrency
Unlocks are staggered releases of cryptocurrencies that had been frozen to prevent early investors or project team members from selling in large numbers.
XRP's market capitalisation surged by more than 60% to $41.44 billion in the past 24 hours.
The dollar value of the unlock amounted to 38% of the cryptocurrency's average 30-day trading volume and had potential to push prices lower, per one analyst.
The rise in real yields is more of a headache to blue chip stocks than to markets like technology or crypto and will not disrupt the medium-term growth story, one observer said.
The Israeli government seized the crypto wallets after an order from Defense Minister Yoav Gallant earlier this week,.
Dealers are stuffed with record negative gamma in BTC. With only a little move in the spot price, "we could witness fireworks," one observer said.
- 04:39Meme Coin GORK Continues to Surge, Market Cap Exceeds $73 Million, Setting a New All-Time HighPANews May 3rd news, according to GMGN market data, the meme coin GORK continues to rise, with a market cap surpassing 73 million USD, reaching an all-time high in price, and a 24-hour increase of 164.8%. This morning, Musk followed the gork X account and replied with a smiley face under the related tweet.
- 04:38Overview of Important Developments on May 3rd at Noon7:00-12:00 Keywords: Apple, IRS, Galaxy, Rate Cut 1. Yesterday, the US Bitcoin spot ETF had a net inflow of $675 million 2. Apple has relaxed rules related to cryptocurrency in the US App Store 3. Galaxy: MGX's single investment in CEX accounts for 40% of Q1 crypto financing 4. Two IRS crypto heads plan to resign after accepting DOGE 5. US stocks set the longest winning streak since 2004, recovering all losses since "reciprocal tariffs" 6. Barclays and Goldman Sachs expect the Federal Reserve to cut rates in July
- 04:36Ethereum Spot ETF Total Net Inflow of $20.1032 Million Yesterday, No Net Outflow from Nine ETFsOdaily Planet Daily News According to SoSoValue data, yesterday (Eastern Time, May 2), the total net inflow of Ethereum spot ETFs was $20.1032 million.The Ethereum spot ETF with the highest single-day net inflow yesterday was the Blackrock ETF ETHA, with a single-day net inflow of $20.1032 million. Currently, the historical total net inflow of ETHA has reached $4.201 billion.As of the time of publication, the total net asset value of Ethereum spot ETFs is $6.397 billion, with an ETF net asset ratio (market value compared to the total market value of Ethereum) of 2.87%, and the historical cumulative net inflow has reached $2.508 billion.