​​Legends of Crypto (LOCG) is available for farming on KuCoin’s platform Pool-X. Users can stake ETH, KCS or USDT for 20 days period and get a proportional piece of 1.1M LOCG allocation. Subscription Period: April 29-30. Staking Period: May 2-22.

​​📉 Daily Bitcoin chart review 📈

Too many expect BTC to return back to 50k which makes this scenario less possible. I still have long orders waiting there and hope that move happen before the weekend so that weekend would show us some more fireworks in alts pumping every where. On the other hand if upmove start before pullback then 60k will be the most obvious target for sharp impulse. BTC dominance fell below 50 so alts season in in full mode.

🟥 55000 - 57500 - 58800
🟩 53500 - 50050 - 49300

Momentum at daily:
28-29: AO 🔻⬆️ AC ⬆️⬆️
27: AO 🔻⬆️ AC 🔻⬆️
23-26: AO 🔻🔻 AC 🔻⬆️
20-22: AO 🔻🔻 AC 🔻🔻

😱 Fear & Greed index: 52 (<= 59 <= 50 <= 27)

​​Nexon, Tokyo-based Video Game Maker Allocated $100 million To Bitcoin Purchase

Nexon, Tokyo-based video game maker allocated $100 million for the purchase of 1,717 Bitcoin at the price of $58,226, making it the latest publicly listed technology firm to purchase bitcoin.

Nexon allocated less than 2% of its total cash and cash equivalents as of December 2020 into the Bitcoin purchase.

Owen Mahoney, Nexon's president and CEO said the Bitcoin purchase will protect shareholder value and maintain the purchasing power of their cash assets.

​​The Latest Breaking News 📣

#1 Tesla says bitcoin investment worth $2.48 billion — link

#2 Game publisher Nexon buys $100m worth of Bitcoin — link

#3 US Officials arrest alleged operator of $336m Bitcoin mixing service — link

#4 Facebook rumoured to hold Bitcoin — link

#5 Opera browser integrates Unstoppable domains — link

​​💬 Chat chart request 💬

Chiliz. On one hand its NFT. On another hand its scam with endless tokens generation. I'm very bullish within bull market but it will be the first one to dump when its over. Drawn couple of scenarios for nearest future. Not trading it myself.

​​📉 Daily Ethereum chart review 📈

This is Ethereum week chart. Even if there will be pullback its pretty clear that there is a long way to grow against BTC. Just remember it if you start to feel the fear.

​​Wilder World (WILD) will have a public fundraising round on Polkastarter on May 11. Whitelisting is already live. The startup will be raising $250k during this round and will enter the market with $900k initial market cap. Wilder World is a decentralized artist DAO and liquid NFT marketplace for AR/VR.

​​Decentralized exchange Hashflow raised $3.2M and launched its Alpha. Dragonfly Capital, Electric Capital, Alameda Research, Metastable, Galaxy Digital, IDEO Ventures, Arrington XRP, Ledger Prime, Genesis Block, Gumi Cryptos and Morningstar Ventures are among investors.
The startup aims to build a DEX with a novel approach that relies on professional market makers, to make sure crypto assets have baseline liquidity.

Just-In: Coinbase Adds Paypal Payment Option For US Customers.

https://bit.ly/3nvVEBf

​​Clover will have additional sale round on CoinList for those who didn’t get in. 37.7M CLV will be available at $0.2 with 12m lockup and 6m vesting. Max allocation per user: $1k. Sale date: May 4th. The first 7,545 users that registered Rounds 1, 2, or 3 of the Clover sale and successfully passed KYC requirements will be able to participate.

​​Gate enables Chia (XCH IOU) trading on April 30. IOUs are yet to be released tokens that give you the right to acquire native token upon their release. Chia Network expected supply at launch: 21M XCH. The token may become transferable in May this year. Backed by A16Z Chia develops a blockchain and smart transaction platform.
Users are able to trade them but not to withdraw. Users are able to exchange IOUs for real tokens when they will become transferable.

​​Polylastic whitelisting event for a token sale on KickPad is live. Polylastic will have a public sale round on May 4th. The startup will be raising $100k during this round and will enter the market with $188k initial marketcap. Polylastic aims to build a chain agnostic aggregator that tracks elastic finance and smart futuristic algorithmic money.

​​Covalent announced the launch of Covalent Network. The leading indexing query solution for blockchains will be governed by CQT token that will allow holders to propose, vote & make changes to the parameters of the network. Moonbeam will be used as the settlement layer.

​​The Latest Breaking News 📣

#1 Coinbase now lets US users pay for cryptocurrency through a PayPal account — link

#2 Visa CEO says payments giant is moving into crypto in a 'very big way' — link

#3 PayPal's crypto firm Paxos raises $300 million, plans to add major clients — link

#4 Commerzbank, Deutsche Börse team up for tokenized real estate and art marketplace — link

#5 Mastercard highlights applications beyond payments for central bank digital currencies — link

​​📉 Daily Bitcoin chart review 📈

Today is the last day of month and first red candle forming on M timeframe. Doesn't have to lead to dump - September also closed red and October started uptrend that made over 500% in the following months. If that happen all the surreal forecasts for 100-300k can come true. At the same time momentum at weekly been negative for 3 weeks now which makes fast recovery problematic. Cause of all the similarities between September and now I tend to think we might have another month of BTC sidemove. Top of that range at 60-62k.

🟥 55000 - 57500 - 58800
🟩 53500 - 50050 - 49300

Momentum at daily:
28-30: AO 🔻⬆️ AC ⬆️⬆️
27: AO 🔻⬆️ AC 🔻⬆️
23-26: AO 🔻🔻 AC 🔻⬆️
20-22: AO 🔻🔻 AC 🔻🔻

😱 Fear & Greed index: 51 (<= 52 <= 59 <= 50)

​​📉 Daily Ethereum chart review 📈

While BTC bullishness future is not clear Ethereum keep on pushing forward both vs USDT and BTC. Nothing to add here. It has a lot of space to grow and till it show some real reversal signals there is no reason to be bearish for it.

​​A look back at year to date investments made by Coinbase Ventures.

​​A look back at year to date investments made by a16z crypto (Andersson Horowitz).

​​📉 Daily Bitcoin chart review 📈

We have the first month closed in red since September. Exhaustion of trend visible due to reduce in volume. You may find similar price action in September 2017, but back then red candle with long lower wick made bigger volume than previous which led to trend continuation. Here volume dropped. Not saying it is the end, but certainly a worry sign. Smaller timeframes are still bullish and keep chances to hit 60-62k.

🟥 58800 - 61000 - 61950
🟩 56150 - 55000 - 52350

Momentum at daily:
28-01: AO 🔻⬆️ AC ⬆️⬆️
27: AO 🔻⬆️ AC 🔻⬆️
23-26: AO 🔻🔻 AC 🔻⬆️
20-22: AO 🔻🔻 AC 🔻🔻

😱 Fear & Greed index: 68 (<= 51 <= 52 <= 59)

​​German Law To Approve Institutional Funds To Invest In Crypto Assets.

Institutional Investment Fund managers in Germany would be able to allocate 20% of funds to Crypto assets from July 1, according to the new legislation in Germany.

These fund managers are called Spezialfonds. This would make 4,000 investment funds to be eligible to invest in Bitcoin and other crypto assets.

Frank Schäffler of the German Parliament said the German Government is definitely moving in the right direction.