Crypto Daybook Americas: Biggest Tokens Show Restraint for Now, But ‘Damage Has Already Been Done’

Cryptocurrencies Fell Slightly in the Past 24 Hours, with The Broad Market Coindesk 20 (CD20) Index Droping 1.4%. Bitcoin (BTC) IS Little Changed AROUND $ 95,000. These Figures Are Well with Within Recently Valativity Ranges and Come on the Back of A Strong Monthly Performance – BTC is on Track to Rise 15% in April, The MOST SINCE November.

The Market Has Been Grappling With Growing PESIMISM SURROUNDING The PETENTIAL IMPACT OF PRESIDENT DONALD TRUMP’S RECIPRAFRAFRIFFS ON Nearly Every Country and Optimism that Firel. Than Expectored.

Stock Prices have Rallied Over The Past Week on Expectations Trump would Lower the Tariffs and the Continuation of Interest-Rate Cuts, Accounting To Spanish Bankinter.

“Yet The Perspective Could Turn for the Worse from Today, Apply The Logic of the Data, Because – Regardless of Tariffs and Rate Cuts Foundation, “The Bank Wrote in A Note.

Indeed, Various Major Companies, Including P&G, UPS, PepsiCo, American Airlines and GM, Have Lowered or Pulled Their Earnings Forecasts. Bankinter Pointed Out French First-Quarter GDP Data Released Today Showed A Quarter-On-Quarter Increase That Was Entirely Invenory-Driven, While Convert, Investment, Investment, Investment

That Bodes Poorly for the US Figure, Set to be Released at 8:30 am some Market Obervers, Including Bankinter, Suggest It Could Contract Sharply. Bitcoin’s Rise So Far This Year, Contrasting with The Stock Market’s Worst 100 Days of A Presidential Administration 1974, Could Be Further Evidence the Cryptocurrency Is Starting Is Starting.

As Mentioned Earlier in the Week, Greg Cipolaro, The Global Head of Research at Nydig, Wrote in A Note that Btc Has Been Acting “More Like The Non-Soverign” Issued Store of Value.

Bitcoin has decoupled from US Equities After the Trade War Between the US and China escalated and has been seeing bets on it rise. This MONTH, SPOT BITCOIN ETFS POSTED MONTHLY NET INFLOWS OF LITTLE Over $ 3 Billion Accounting To Sosovalue Data, Further Pointing to A FLIGHT TO THE CRYPTOCURRENCY SPACACACACAC. Stay Alert!

What to Watch

• Crypto:
  • April 30, 9:30 AM: Proshares Will Debut Three Etfs that Will Provide Levered and Inverse Exposure to Xrp: The Proshares Ultra Xrp Etf, The Proshares Short Xrp.
  • April 30, 10:03 AM: Gnosis Chain (GNO), an Ethereum Sister Chain, Will Activate the Pctra Hard Fork On It Mainnet at Slot 21,405,696, EPOCH 1,337,856.
  • May 1: Coinbase Asset Management Will Introduce The Coinbase Bitcoin Yield Fund (CBYF), WHICH IS AIMED AT NON-UU INVESTORS.
  • May 1: Hippo Protocol Starts Up Its Own Layer-1 Blockchain Mainnet Built on Cosmos SDK and Completes a Migration from Ethereum’s ERC-20 HPO TKEN TO ITSHING HP TOCEN, ENABING TOCEN, ENTEACE
  • May 1, 9, 9: Contellation Network (DAG) ACTIVATES The TESSELATION V3 UPGRADE ON ITS MAINNET, INTRODUKING DELEGATED STAKING, NODE COLLATERAL, TKEN Locking and New Transactions TYPES TYPES TYPES. Functionality.
  • May 1, 11 Am: Thorchain Activates ITS V3.5 Mainnet Upgrade, Adaring the TCY TKEN TO Convert $ 200 Million in Debt Into Equity. TCY HOLDERS EARN 10% OF NETWORK REVENENUE, WHILE Native Rune Remains the Protocol’s Security and Governance Token. TCY ACTIVATES MAY 5.
  • May 5, 3 Am: Iota’s Rebased Network Upgrade Starts. Rebasted Moves Iota to A New Network, Boosting Capacity to As Many As 50,000 Transactions Per Second, Offering Staking Rewards of 10% -15% A Year and Adading Support For MOVAVAVVMVMATTS.
  • May 5, 10 Am: The Crescendo Network Upgrade Goes Live on the Kaspa (Kas) Mainnet. This Upgrade Boosts The Network’s Performance by Increasing the Block Production Rate to 10 Blocks per Second from 1 Block per Second.
• Macro
  • April 30, 8 AM: Brazil’s Institute of Geography and Statistics (IBGE) Release March Unemployment Rate Data.
    • UNEMPLYMENT RATE EST. 7% vs. Prev. 6.8%
  • April 30, 8 AM: Mexico’s National Institute of Statistics and Geography Releases (Preliminal) Q1 GDP Growth Data.
    • GDP Growth Rate QOQ PREV. -0.6%
    • GDP Growth Rate Yoy Prev. 0.5%
  • April 30, 8:30 AM: The US Bureau of Economic Analysis (Bea) Releases (Advance) Q1 GDP Growth Data.
    • GDP Growth Rate QOQ EST. 0.4% Vs. Prev. 2.4%
  • April 30, 10 AM: The US Bureau of Economic Analysis (Bea) Releases March Consumer Income and Expenditure Data.
    • Core Pce Price Index Mom Est. 0.1% Vs. Prev. 0.4%
    • Core Pce Price Index Yoy Est. 2.6% Vs. Prev. 2.8%
    • PCE PRICE INDEX MOM EST. 0% vs. Prev. 0.3%
    • PCE PRICE INDEX YOY EST. 2.2% Vs. Prev. 2.5%
    • Personal Income Mom Est. 0.4% Vs. Prev. 0.8%
    • Personal Spending Mom Est. 0.6% Vs. Prev. 0.4%
  • May 1, 8:30 AM: The US Department of Labor Releases Unemployment Insurance Data for the Week Ended April 26.
    • Initial Jobless Claims Est. 224k Vs. Prev. 222k
  • May 1, 9:30 am: S&P Global Releases Canada April Purchasing Managers’ Index (PMI) DATA.
    • Manufacturing PMI Prev. 46.3
  • May 1, 10:00 AM: Institute for Supple Management (ISM) Releases US April Economic Activity Data.
    • Manufacturing PMI Est. 48 Vs. Prev. 49
• Earnings (Estimates Based On Factor Data)
  • April 30: Robinhood Markets (Hood), Post-Market, $ 0.33
  • May 1: Block (XYZ), Post-Market, $ 0.97
  • May 1: Reddit (RDDT), Post-Market, $ 0.02
  • May 1: Riot Platforms (Riot), Post-Market, $ -0.23
  • May 1: Strategy (MSTR), Post-Market, $ -0.11
  • May 8: Coinbase Global (Coin), Post-Market, $ 2.08
  • May 8: Hut 8 (Hut), Pre-Market
  • May 8: Mara Holdings (Mara), Post-Market

TKEN EVENTS

• Governance Votes & Calls
  • Compound DAO IS VOTING ON MOVING 35,200 Comp ($ 1.5 Million) Into A Multisig Safe to Test Selling Covered Calls on Comp for USDC, Lend That USDC In Compound For Extra Yield, Thonn Use Use Use Repeat – Targeting A Roughly 15 % Annual Gain. Voting Ends May 2.
  • April 30, 12 PM: Helium to Host a Community Call Meeting.
  • May 5, 4 PM: Livepeer (LPT) to Host A Treasury Talk Session on Discord.
• Unlocks
  • May 1: Sui (Sui) to Unlock 2.28% of It Circulating Supple Worth $ 261.2 Million.
  • May 1: Zetachain (Zeta) To Unlock 5.67% Of ITS Circulating Supple Worth $ 12.31 Million.
  • May 2: Ethena (ENA) to Unlock 0.73% Of ITS Circulating Supple Worth $ 12.99 Million.
  • May 7: Kaspa (Kas) to Unlock 0.56% of It Circulating Supple Worth $ 13.08 Million.
  • May 9: Movement (Mova) to Unlock 2.04% of ITS Circulating Supple Worth $ 12.31 Million.
• TKEN LAUNCHES
  • MAY 2: BINANCE TO DELIST ALPACA FINANCE (ALPACA), PLAYDAPP (PDA), Viberate (VIB), and Wing Finance (Wing).
  • May 5: Sonic (s) to be listed on kraken.

ConferencesCoindesk’s Consensus is Taking Place in Toronto on May 14-16. Use Code Daybook and SAVE 15% ON PASSES.

• Day 4 of 4: Web Summit Rio 2025
• Day 1 of 2: Token2049 (Dubai)
• May 6-7: Financial Times Digital Assets Summit (London)
• May 11-17: Canada Crypto Week (Toronto)
• May 12-13: Dubai Fintech Summit
• May 12-13: Filecoin (Fil) Developer Summit (Toronto)
• May 12-13: Latest in Defi Research (Tldr) Conference (New York)
• May 12-14: Aci’s 9th Annual Legal, Regulatory, and Compliance Forum on Fintech & Emerging Payment Systems (New York)
• May 13: Blockchain Futurist Conference (Toronto)
• May 13: EthWomen (Toronto)

Token TalkBy shaurya malwa

• Solana-Based Houscoin (House) Zoomed to Nearly $ 100 Million Market Cap Early Wednesday Driven by a 24-Hour Price Bump of 63% That Brought It Price to Just A Cent.
• House has surveyed more than 900% in the past Three Weeks, Mainly on Niche Popularity in Crypto Circles and Mentions from Well-Followed X Accounts.
• The Trender Memocoin is a Sature on the Real Estate Market, WHERE PRIME locations are priced Out for a General Populace.
• Holding House is, Jokingly, Considered by Its Cult to be Holding Actual Property Even Thought the Touken Is Intrinsical Valueless and Not Backed by Any-Worlda Assets.
• While Its Momentum and Accessibility Offer Trading Opportunities, ITS VALATCHY, LACK OF CLEAR FUNDAMENTALS, AND MEMECOIN RISKS DEMAND CAUTION.

Derivatives Positioning

• Among Large -Cap Assets on Binance, Pepe and Ada Hold Negative Funding APRS OF -14.7% And -11.2%, Respectively, Accounting To Velo Data. In Contrast, Ton, XLM, and XMR HAVE SEEN FUNDING APRS Spike to 11%, Highlighting A Clear Divergence in Specialty Positioning Across Majoor Tokens.
• In Terms of Open Interest, BSW, Drift and Prompt Are Among The Top Gainers, With Daily Open Interest Rising by 61%, 58%, and 33%, Respectively – Signning IdioSyncratic, Intestical, Intest.
• ALPACA, A BNB Chain Asset, Recorded Over $ 55 Million in Short Liquidations in The Past 24 Hours. That’s the largest of any asset, accounting to coinglass data. The Surge Followed Heavy Short Positioning After Binance’s Delisting AnnounCement A Week Ago, Before A 550% Price Rally Trigered Widespread Liquidations.

Market Movements

• BTC is Down 0.19% from 4 pm et tuesday at $ 94,915.28 (24hrs: unChanged)
• ETH IS DOWN 0.57% AT $ 1.805.20 (24hrs: -1.48%)
• Coindesk 20 is Down 0.51% AT 2.751.84 (24hrs: -1.27%)
• Ether Cesr Composite Staking Rate Is Up 19 BPS at 2.99%
• BTC FUNDING RATE IS AT 0.0008% (0.8377% Annualized) on Binance

• DXY IS UP 0.19% AT 99.43
• Gold Is Down 1.16% AT $ 3.278.15/OZ
• Silver is Down 1.64% AT $ 32.36/Oz
• Nikkei 225 Closed +0.57% AT 36,045.38
• Hang Seng Closed +0.51% AT 22,119.41
• Ftse is up 0.13% AT 8,474.22
• Euro Stoxx 50 IS Up 0.24% AT 5.174.41
• DJIA CLOSED ON TUESDAY +0.75% AT 40,527.62
• S&P 500 CLOSED +0.56% AT 5.560.83
• NASDAQ CLOSED +0.55% AT 17,461.32
• S&P/Tsx Composite Index Closed +0.31% AT 24,874.48
• S&P 40 Latin America Closed UnChanged AT 2,548.27
• US 10-YEAR Treasury Rate is Down 5 BPS at 4.17%
• E-mini S&P 500 Futures Are Down 0.28% AT 5,568.25
• E-mini NASDAQ-100 Futures Are Down 0.44% AT 19,556.00
• E-mini Dow Jones Industrial Average Index Futures Are Down 0.22% AT 40,596.00

Bitcoin Stats

• BTC Dominance: 64.54 (0.16%)
• Ethereum to Bitcoin Ratio: 0.01902 (-0.31%)
• Hashrate (Seven-Day Moving AVERAGE): 837 eh/s
• HashPrice (Spot): $ 49.08
• Total Fees: 6.17 BTC / $ 585,773.63
• CME FUTures Open Interest: 134,825 BTC
• BTC PRICED IN GOLD: 28.9 OZ
• BTC VS Gold Market Cap: 8.19%

Technical Analysis

• With Bitcoin and MOST DIGITAL Assets Breaching Key High-TimeFrame Liquidity Levels, A Market PullBack Now Appears Likely.
• Solana, Along with Many Altcoins, Has Broken Its Weekly Market Structure with A Strong Upward MOVE THAT SWEPT LIQUITY AT $ 153 Before Facing Reject at The 100-Day Expontal Move
• Bulls Will Want the Price Action to Print a Higher Low with The 100-Day Ema on the Weekly Time Frame Sitting at $ 137, ALIGNING WITH the Weekly OrderBlock of Demand.

Crypto equities

• Strategy (Mstr): Closed at Tuesday $ 381.45 (+3.3%), Down 0.41% AT $ 379.88 in Pre-Market
• Coinbase Global (Coin): CLOSED AT $ 206.13 (+0.42%)
• Galaxy Digital Holdings (GLXY): CLOSED AT $ 21.09 (-0.57%)
• Mara Holdings (Mara): CLOSED AT $ 14.22 (+1.5%), Down 0.28% AT $ 14.18
• Riot Platforms (RIOT): CLOSED AT $ 7.42 (-2.75%), Down 0.40% AT $ 7.39
• Core Scientific (Corz): CLOSED AT $ 8.29 (+0.61%), Down 0.48% AT $ 8.25
• Cleanspark (CLSK): CLOSED AT $ 8.44 (-1.52%), Down 0.24% AT $ 8.42
• Coinshares Valkyrie Bitcoin Mines ETF (WGMI): Closed AT $ 14.19 (-0.98%)
• Semler Scientific (SMLR): CLOSED AT $ 33.97 (-3.96%), Up 4.95% AT $ 35.65
• Exodus Movement (Exod): Closed At $ 40.97 (-2.87%), UP 2.49% AT $ 41.99

ETF FlowsSPOT BTC ETFS:

• Daily Net Flow: $ 172.8 Million
• Cumulative Net Flows: $ 39.16 Billion
• Total BTC Holdings ~ 1.15 Million

Spot eth etfs

• Daily Net Flow: $ 18.4 Million
• Cumulative Net Flows: $ 2.50 Billion
• Total Eth Holdings ~ 3.44 Million

Source: Farside Investors

Overnight FlowsChart of the day

• ALPACA FINANCE (Alpaca) Emerged as the Top Gainer on Centralized Exchanges with A Price That’s Surged Nearly 2,500% Over The Past Seven Days.
• The Rally Is Driven by a Significant Short SQueeze, Following Heavy Short Positioning in the Wake of Binance’s April 24 Delisting Announcement.
• As a result, the token surged to a multiiyear High of $ 1.375.

While You Were Sleeping

• Telegram’s Ton Takes On Real World Assets With Libre’s $ 500m Tokenized Bond Fund (Coindesk): Libre Plans to Tokenize $ 500 Million in Tele.
• Blackrock Looking to Tokenize Shares of Its $ 150b Treasury Trust Fund, SEC FILING SHOWS (COINDESK): The New “Dlt” Shares Are Expectioned to Be Bough And Held Through BNCH, WHICH to keep a mirror record of ownership for it clients.
• Sec Delays Dogecoin and XRP etf Decisions (Coindesk): The Sec Delayed Decisions on the Bitwise Doge Etf and the Franklin Xrp Fund Until June 15 and June 17, Respectvely.
• Investors Turn to Emerging Market DEBT AFTER TRUMP TARIFFS HIT US TREASURIES (CNBC): As Confidentnce in Treasuries as a safe Haven Weakens, Mexico, Brazil and South AF Carol Lye, Citing Yield Premium and Potential Currency Appreciation.
• Chinese Investors Pile Into Gold Funds at Record Pace (Financial Times): China’s Gold etf Holdings HAVE DOBLED to 6% of the Global Total, with 7.4 Billion Inflows. Global Demand.
• Asia Hedge Funds Add Japan, India After Tariff Shock, Says Morgan Stanley (Reuters) Global Investors Expect Washington to Strike Trade Deals with Tokyo and New Delhi.

In the Ether