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DOGE and RNDR are the top performers from the larger-cap alts now.
The inverse head and shoulders pattern forming "would make sense" if Bitcoin doesn't "break straight through" to $67,500, according to a crypto trader.
This is an excerpt from the inaugural edition of The Block’s The Funding newsletter sent to our loyal readers on May 3. The Funding is a fortnightly newsletter written by Yogita Khatri, The Block’s longest-serving editorial member. To subscribe to the free newsletter, click here.
Sui launched on mainnet one year ago and since, its creator Mysten Labs, has forged partnerships with both Google and TikTok parent ByteDance. Shortly after launch Sui ranked as a top-10 blockchain in terms of TVL.
Check out which factors may propel a BTC price explosion in May (according to ChatGPT).
Check out the latest XRP price forecasts from prominent analysts.
- 13:36Orderly Network: Approximately 1.18 million unclaimed ORDER tokens from the airdrop have been destroyed, equivalent to about $310,000Web3 liquidity provider Orderly Network announced on the X platform that 1,181,431.43 unclaimed ORDER tokens from the airdrop have been destroyed, currently equivalent to about 310,000 US dollars.
- 13:35CryptoQuant CEO: The U.S. strategic digital asset reserve plan is too broad, it should only retain BTCCryptoQuant CEO Ki Young Ju posted on social media that, although he is not a Bitcoin extremist, he believes the United States' strategic digital asset reserve plan is too broad and suggests only retaining Bitcoin.
- 13:34A certain whale who shorted ETH had a floating profit of 15 million USD four days ago, but currently has a floating loss of 1 million USDAccording to Onchain Lens monitoring, a certain whale went from making a profit of 15 million US dollars to a loss of 1 million US dollars in just four days. This whale shorted ETH on HyperLiquid and had once gained over 15 million US dollars in floating profits, but is currently facing more than 1 million US dollars in floating losses.