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PEPE buyers are attempting to step in at the current levels. A good sign for some crypto coins would be to retake that pre-election level where the previous rally started. PEPE has been relatively strong the past few days, especially compared to other bigger memes.
Durov had been required to remain in the country since his arrest seven months ago.
Quick Take International bank Standard Chartered has slashed its 2025 ether price target by 60% from $10,000 to $4,000, citing factors like Base’s growing market share. The Bank of Korea has ruled out the idea of creating a bitcoin reserve, citing its high volatility.
Quick Take The GMCI Meme index’s largest holdings have faced substantial selling pressure as speculative traders exit. The following is an excerpt from The Block’s Data and Insights newsletter.
Quick Take Magic Eden saw an explosive but short-lived surge in Ordinals trading, with daily volume averaging nearly $50 million for eight days, driven by the Idiots NFT mint. The following is an excerpt from The Block’s Data and Insights newsletter.
Quick Take Offchain Labs introduced the Onchain Labs initiative, which focuses on developing new decentralized applications for Arbitrum. The initiative was launched in partnership with the Arbitrum Foundation and will provide support for early-stage developers and teams.
- 01:389 million UNI transferred from an unknown wallet to Coinbase Institutional, valued over $53.8 millionAccording to on-chain data tracking service Whale Alert, around 9:18 AM Beijing time, 9,000,000 UNI ($53,800,111) were transferred from an unknown wallet to Coinbase Institutional.
- 01:23Possibly influenced by the Bitcoin Thunderbolt, Bitcoin transaction fees soar by 12 timesApril 24 news, chain data shows that in the past 12 hours, the average transaction fee on the Bitcoin mainnet has surged from about 2 sats/vByte to 25 sats/vByte, with a short-term peak once reaching 120 sats/vByte. On-chain monitoring has found that a large number of P2SH UTXO Bundling transactions are being initiated, attributed to the Bitcoin Thunderbolt “Boostpad” limited-time airdrop event and Alkanes inscription release that went live last night, causing a significant increase in miner fee bidding. Previously, on April 15, HSBC's official press release first disclosed that Bitcoin Thunderbolt introduced UTXO Bundling and OP_CAT instructions through a mainnet soft fork, supporting on-chain native asset issuance, transaction acceleration, and smart verification. The network's tested efficiency is improved by 100–200 times compared to the original chain.
- 01:23A whale made a quick in-and-out trade of TRUMP after the TRUMP dinner plan announcement last night, earning $732,000According to on-chain analyst Yu Jin, a savvy whale bought TRUMP after the TRUMP dinner plan was announced last night and sold it half an hour later, earning $732,000 USDC (+14.6%). 00:16 – Bought 407,467 TRUMP with $5,000,000 USDC at a price of $12.27; 00:45 – Sold them all at $14.06, converted into $5,732,000 USDC. In half an hour, they made $732,000 USDC (+14.6%).