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BTC's Share in the Crypto Market Rises to Nearly 53% | Cryptocurrency Trends

BTC's Share in the Crypto Market Rises to Nearly 53% | Cryptocurrency Trends

Tommy, Bitget Research
2024/04/15
BTC's Share in the Crypto Market Rises to Nearly 53% | Cryptocurrency Trends

1. Mainstream Exchange Trends:

  • April 14: The official X account of KuCoin Türkiye is hacked. KuCoin says user assets have not been affected.
  • TokenInsight Q1 report: Bitget saw the largest increase in market share, with a 173% increase in spot trading volume in March.
  • April 12: Bitget launches a new trading product, pre-market trading, which will allow users to trade new coins before they become available for spot trading. The first supported token, Merlin Chain (MERL), has launched.

2. Cryptocurrency Trends:

  • April 15: Bitcoin's share in the crypto market rises to nearly 53%, the highest level since April 2021.
  • UniSat: Mainnet support for Runes is scheduled to launch on April 19.
  • Uniswap Labs increases transaction fees from 0.15% to 0.25%.
  • Stablecoin protocol Ethena had a negative revenue of $1.05 million last week, marking the first time the protocol experienced a negative revenue.
  • Jupiter co-founder: Starting next week, gradual upgrades will be launched to address perpetual futures oracle pain points.
  • EigenLayer: Deposit limits for all LST tokens to be lifted, and support for deposits to be launched on April 17.
  • Parcl, a decentralized real estate market in the Solana ecosystem, says the first distribution of PRCL will take place this week, with the second community distribution of perpetual points planned for Q2.
  • April 13: zkSync Lite decentralized exchange ZigZag announces the closure of its operations due to regulatory pressure in the United States.
  • The TON Foundation partners with HashKey to increase fiat currency access for Telegram wallet users.

3. Financing Trends:

  • Berachain raises $100 million in Series B funding co-led by Brevan Howard Digital's Abu Dhabi branch and Framework Ventures, with participation from Polychain, Hack VC, and others.

4. Regulatory Trends:

  • A representative of Vietnam's Ministry of Justice says cryptocurrencies are not banned in the country, but there is a need for a legal framework to ensure their normal development and guard against risks.
Disclaimer: This content includes third-party opinions, and we do not guarantee its accuracy. Cryptocurrency prices are highly volatile, so please conduct your own research and make judgments accordingly.