Together with | | GM Defiers! | The crypto markets rebounded to new April 2024 highs, with Bitcoin rallying to test $72,000 and Ether pressing above $3,700. The move coincides with strong performances in the equities and gold markets, with both the Nasdaq100 and gold posting all-time highs in recent days. | Airdrops continue to impress, with Tensor, a Solana-based NFT platform, launching its TNSR token at a roughly $1.9 billion valuation. | Stacks, the popular Bitcoin Layer 2, announced it will integrate with Portal to facilitate cross-chain atomic swaps for its synthetic BTC token, sBTC, between Bitcoin and its L2 once the token is live. | And SilkRoad Foundation, a memecoin rug-pull reclaimed by community members in support of FreeRoss DAO, is raising funds for the family of Ross Ulbricht, Silk Road's incarcerated founder. | ✍️ In today's newsletter: | Crypto markets bounce to new April highs TNSR airdrops at $1.9B fully diluted valuation Stacks taps Portal for atomic sBTC swaps Reclaimed rug-pull raises funds for Ulbricht family
| 🙏Sponsored | | 📈 Markets in the last 24 hrs: | | TICKER | VALUE | 24 H |
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| Bitcoin | $69,212 | 0.31 % | | Ethereum | $3,425 | 1.86 % | | Gold 1st Future | $2,326 | 1.61 % | | S&P 500 | 5204.34 | 1.11 % | | Arch Web3 | 2.79 | 1.66 % | | Learn more about Arch Indices here. | |
| | | | | 🎬 WATCH | Check out our guide to earning memecoins using Farcaster and Drakula. Also, watch our podcast with Mike Silagadze, the founder of EtherFi, and Nikhil Raghuveera, the co-founder of Aethos, for a preview of EigenLayer's AVS ecosystem. |  | "Really Crazy Stuff Will Happen With AVSs", ether.fi Founder Mike Silagadze |
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| | THANKING OUR NEWSLETTER SPONSORS | | NEWSLETTER CONTINUES BELOW | | | NEAR is the chain abstraction stack, empowering builders to create apps that scale to billions of users and across all blockchains. | | Don't miss Solana's largest community conference - Solana Crossroads. Join 3,000+ attendees May 10-11. Speakers include Anatoly Yakovenko, Raoul Pal, Ansem, and more. Get your tickets before they're sold out! | | Access crypto price, market data, metadata and on-chain DEX data on CoinGecko API, the world's most reliable cryptocurrency API tracking 2.4M+ cryptocurrencies across 140 networks. Get 15% off with code "DEFIANT15" at www.coingecko.com/api! | | DexToro is a decentralized derivatives exchange powered entirely by audited Ethereum smart contracts. Trade Crypto and Forex with up to 50x leverage with full custody of your assets. NO KYC. | | | | The crypto markets rebounded to post new monthly highs yesterday, coinciding with strong momentum for traditional assets. However, the bounce was short-lived, with BTC and ETH shedding 4.4% in the past 24 hours. | | | Tensor, a top NFT platform on Solana, dropped $250M worth of TNSR tokens to early adopters. The token generation event follows a spate of high-value airdrops across leading networks, with TNSR boasting a $1.9 billion fully-diluted valuation. | | |
| | | | | Are you looking for your next 10X? Then don't miss Consensus 2024 – your exclusive pass to cutting-edge alpha. From humble beginnings during Bitcoin's infancy to now welcoming 15,000+ attendees from 100+ countries, Consensus is the biggest and most established global hub for all things crypto, blockchain and Web3. Celebrating its tenth year, Consensus offers an unrivaled, forward-looking perspective on the future of finance, encompassing digital assets, tokenization, blockchain technology, regulation and policy, startups and beyond. | Meet with investors, builders, founders, creators, developers and brands looking to shape the narrative of the digital revolution. Mark your calendar for May 29-31 in Austin, Texas and don't miss this landmark occasion celebrating a decade of decentralizing the future. | Save 15% with code DEFIANT | READ MORE: Celebrating 10 years of decentralizing the future through discovery, dialogue and dealmaking |
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| | | | | 3,000 Attendees | 50+ Speakers | Solana Conference
Don't miss Solana's largest community conference - Solana Crossroads. Join 3,000+ other attendees on May 10-11 in Istanbul and listen to speakers such as Anatoly Yakovenko, Raoul Pal, Ansem, and more. Get your tickets before they're sold out. Get tickets here! |
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| | | Stacks will integrate with Portal to enable atomic swaps for its forthcoming synthetic Bitcoin token, BTC. The move will allow non-custodial swaps between the Bitcoin and Stacks networks, bypassing the third-party and custodial risks typically associated with cross-chain transactions. | | | SilkRoad Foundation raised $2,850 worth of funds for the family of Ross Ulbricht, the incarcerated founder of Silk Road, in 12 days. The fundraising efforts come after the organization was founded through a "community takeover" of a memecoin rug-pull. | | 🌍 ELSEWHERE | SEC delays decision on spot bitcoin ETF options (The Block) Metaplanet Shares Soar as Japanese Firm Mimics MicroStrategy on Bitcoin Buying (CoinDesk) Solana developers eye fix for network congestion by mid-April as projects delay launch (CryptoSlate)
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