BitDigest April 30 · Issue #648

Apr 30, 2020
  • Bitcoin jumps 10% over 24-hours driving the crypto marketcap back to $250 billion
  • Congressional leaders have addressed the evolution of cryptography and blockchain by introducing over 30 new bills related to the technologies
  • Telegram offers to return proceeds from GRAM offering to investors
BitDigest April 30 · Issue #648

Great week to be invested in public crypto stocks. Almost all names outperformed 5% 7-day S&P returns.

BitDigest April 30 · Issue #648

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Market Data

Exchange, Custody and Product News

Reports you may have missed

MARKET UPDATE Crypto is broadly lower today as geopolitical conflict continues to weigh on risk assets, with BTC 0.41% falling to $60k and ETH 0.17% approaching the low $2,300s. Aptos (APT 0.00% ) is one of the few gainers in the top 100 tokens as they have strengthened their presence in Japan via an acquisition of HashPalette, a Japanese NFT service provider and developer of Palette Chain. AAVE -0.61% is also showing slight gains following...

CRYPTO MARKET UPDATE Crypto prices have rebounded slightly following yesterday's sharp selloff, with BTC 0.41% climbing back above $61,000 and SOL 1.16% moving above $145, while ETH 0.17% is lagging, trading around $2,400. Among today's outperformers is SUI -0.48% , which appears resilient despite a $115 million token unlock yesterday. Oil is partially retracing its early rally, gold is lower on the day, and yields are moving higher, suggesting at least a temporary reversal of...

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