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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.
- 01:20Helius CEO Responds to Cardano Founder’s Statement that "Ethereum Won't Survive 10 Years": Suggests Competing at 10% Before CriticizingOn April 25, Helius Labs CEO Mert responded to Cardano founder Charles Hoskinson’s statement that "Ethereum won't survive 10 years." Mert stated, "Although I don't like certain parts of ETH (not all), it is still not vaporware (only a concept without substance)," and suggested that Hoskinson should "compete with ETH on a single metric at 10% before criticizing ETH."
- 01:13BTC Breaks Through $94,000, Daily Increase of 1.09%According to market data, BTC has just broken through $94,000 and is currently priced at $94,297.20 per coin, with a daily increase of 1.09%.
- 01:05TRUMP Reaffirms No Token Unlocking During Dinner Event; Initial and Subsequent Unlocks Extended by 90 DaysJinse reported that the official TRUMP Meme Coin statement clarified that there is some misunderstanding among market participants about the "TRUMP Dinner" event. The threshold for participating in the TRUMP Dinner does not currently require an amount exceeding $300,000, and no tokens will be unlocked for sale during the event. The official explanation noted that the user "Sun" holds 1,176,803 TRUMP (valued at $14 million) and ranks first, while the 220th ranked "HAR" holds only 35.3 TRUMP (valued at $420). (Both have the qualification to attend the dinner based on the current rankings.) Furthermore, the TRUMP Meme Coin official reiterated that the tokens for both the initial unlock batch and the daily unlocks over the subsequent three months will be additionally locked for 90 days. These assets will remain locked throughout the entire ranking period. Previous reports stated that on April 18, TRUMP unlocked 40 million tokens, which accounted for 20% of the circulating supply and 4% of the total token supply.