TL;DR

• GameFi Investment Surpasses $268 Million in First Quarter, Data Shows

• JupSOL Token Launched by Jupiter as LST Enters the Market

• Bitcoin Halving Approaches with Only 3 Days Remaining

• Magic Eden Introduces Offers Feature for Bitcoin NFT Project

• Bitcoin Enters Fourth Cycle, Analysis Warns of Short-Term Price Overheating

• Tether Issues $848 Million USDT, Redeems $167 Million USDT in Transactions Yesterday

Grab Your 7 Day Free Trial

You're invited to upgrade your subscription to our Premium membership with a 7 day FREE trial!

No catches. No strings attached. Just pure crypto alpha to get you ahead!
Upgrade now for:

Ad-Free Experience 🚫👀
Weekly News Summary 📰🔥
Weekly Market Summary 💸📈
Weekly Airdrop Summary 🎁💎

All for just $15/month after the trial.
Don't miss out! Get your FREE trial today 👇

Alpha of the Day

GameFi Frenzy: $268 Million Invested in First Quarter

Data reveals that the GameFi sector has witnessed a whirlwind of investment activity, with a staggering $268 million poured in during the first quarter. This surge in investment underscores the growing popularity of gaming within the crypto space, where players can earn real-world rewards through in-game activities. As blockchain technology continues to revolutionize gaming, investors are eagerly jumping on board, hoping to cash in on the next big GameFi hit.

JupSOL Token Emerges as Jupiter Ventures into Crypto Market

Jupiter, a prominent player in the crypto sphere, has launched the JupSOL token as part of its foray into the market. With the introduction of JupSOL, Jupiter aims to expand its footprint in the ever-evolving cryptocurrency landscape. As the market eagerly anticipates the potential of this new token, enthusiasts and investors alike are keeping a close eye on its performance, ready to ride the waves of crypto innovation.

Countdown to Bitcoin Halving: Only 3 Days Left!

Bitcoin enthusiasts are abuzz as the highly anticipated halving event approaches, with just three days remaining. This significant event, which occurs approximately every four years, will see the mining reward for Bitcoin cut in half. As the crypto community eagerly anticipates the impact of this halving on Bitcoin's price and network dynamics, excitement and speculation reach fever pitch in the final countdown.

TokenMetrics

Unlock your free access to AI-driven market insights and analytics, and start mastering the crypto landscape today!

GEODNET Secures $2 Million for Decentralized Network Infrastructure

GEODNET, a trailblazer in decentralized network hardware infrastructure, has successfully secured $2 million in new financing. This funding will fuel the company's efforts to develop cutting-edge infrastructure solutions that leverage blockchain technology. As the demand for decentralized networks continues to rise, GEODNET's innovative approach promises to reshape the future of network infrastructure.

Magic Eden Unveils Offers Feature for Bitcoin NFT Project

Magic Eden, a leading platform for NFTs, has introduced a new Offers feature for its Bitcoin NFT project. This exciting development opens up new avenues for NFT enthusiasts to buy, sell, and trade Bitcoin-based digital assets. With the NFT market booming, Magic Eden's innovative features are set to further enhance the trading experience for collectors and creators alike.

Bitcoin's Fourth Cycle: Analysis Warns of Price Overheating

As Bitcoin enters its fourth cycle, analysts caution against the risk of short-term price overheating. With Bitcoin's price soaring to new heights, concerns mount regarding potential market volatility and overheated valuations. While Bitcoin's long-term prospects remain bullish, investors are advised to tread carefully and brace themselves for potential market corrections in the short term.

Sign Up to BYBIT & Claim Your $20 Reward

HashKey Global Bolsters Security with Third-Party Exchange Deposit Verification

HashKey Global, a major player in the crypto space, has implemented a robust verification system for third-party exchange deposits. This initiative aims to enhance security measures and protect users' assets from potential risks associated with depositing funds on external exchanges. By prioritizing security, HashKey Global reaffirms its commitment to providing a safe and trustworthy trading environment for crypto enthusiasts.

Tether's Mammoth Transactions: $848 Million USDT Issued, $167 Million USDT Redeemed

In a flurry of transactions, Tether issued a staggering $848 million USDT while redeeming $167 million USDT yesterday. This substantial movement of funds highlights Tether's pivotal role in facilitating liquidity and stability within the crypto market. As one of the most widely used stablecoins, Tether continues to play a central role in facilitating seamless transactions and maintaining price stability across various crypto assets.

Bloomberg ETF Analyst Weighs In: Zero Inflows to Spot Bitcoin ETFs 'Normal'

According to a Bloomberg ETF analyst, recent days have seen zero capital inflows to spot Bitcoin ETFs, a trend deemed normal within the crypto market's volatility. While the lack of inflows may raise eyebrows among investors, analysts suggest that it's par for the course in the ever-fluctuating world of cryptocurrency. As the market continues to evolve, experts remain optimistic about the long-term prospects of Bitcoin ETFs despite short-term fluctuations.

Other Good Reads

Big Desk Energy

Startup insights, stories, and vibes sent to your inbox every Tuesday.

Creator Spotlight

Behind-the-scenes stories from across the creator economy.

Subscribe to SG Thoughts

Explore the hard truths of crypto to propel the industry towards mass adoption

Subscribe to Crypto Pragmatist by M6 Labs

Join over 55k+ subscribers who trust us for crypto-native industry insights & research.

The Crypto Nutshell

Get Smarter About Crypto. Join 60,000+ subscribers and get a newsletter on Crypto News & Expert Predictions all in a nutshell 💪

RiskReversal

Founded by Dan Nathan and Guy Adami of CNBC’s Fast Money, RiskReversal Media provides curated and personality-driven media content at the intersection of finance, technology, entertainment, sports and pop culture to entertain and inform our listeners.

Follow us on X

Check out the Podcast

Listen to crypto founders and our weekly roundup on your favourite podcast platform