Categories: Insights and analysis

Discover the crypto cosmos: your weekly navigator

Published by
Tanja Nechet

 


🆕 New MicroStrategy record

MicroStrategy’s capitalization reached a new all-time high of $31.85B, a 136% increase over last month.

MicroStrategy’s (MSTR) stock has risen about 200% since the beginning of 2024 and is trading near the $1,880 mark. 

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The 1.13% increase in market capitalization was the result of Bitcoin’s recovery to the $70,000 level. 

Between March 11 and March 18, MicroStrategy purchased  $623M worth BTC – 9,245. According to the latest data, the company has 214,246 BTC on its balance sheet, which was purchased for about $35,160 each.


📱 Hype meme project Milady will release its own Meme Phone

The first batch will be limited to 100 phones for 2 SOL per gadget, for $LADYF hodlers only. They will also receive exclusive giveaways:

  • 1M $LADYF airdrop per phone.
  • Unique NFT to celebrate ownership.

📛 More problems with OKX

OKX is having problems with error reporting in the account balance and position interfaces.

Some traders have reported that due to a lack of position data received via API, some traders have suffered large losses.


📥 Rumors of a Litecoin ETF have surfaced

Some rumors are being heard at the institutional level about possible interest in a Litecoin ETF. 

The logic is that because of LTE’s functional similarities to BTC, the SEC may be more inclined to approve it, perhaps even more so than ETH. Against this backdrop, LTC rose by 10%.


💰 Binance joins FATF’s Global Travel Rule Alliance

Any financial institution processing cryptocurrency transactions over $3,000 must now disclose the sender’s name, address, and account information.


🔑 Key crypto market highlights (March 27-April 3)

  • TokenFi will launch mainnet (28.03).
  • Hedera will be upgrading the testnet to version 0.47 (28.03).
  • Artyfact will launch its NFT marketplace (28.03).
  • Optimism (OP) – 24.16M coins or 2.40% of the circulating supply to be unlocked (29.03).
  • Merchant Token will host a live stream on YouTube (29.03).
  • Dydx (DYDX) token unlocks – 33.33M coins, or 11.35% of the circulating supply (31.03).
  • Acala (ACA) to unlock 27.43M tokens, or 2.85% of the circulating supply (01.04).
  • Txbit token burn (01.04).

💲 Ideas

[1] 🔔 Joining Xterio

Xterio is a cross-platform play-to-earn game developer which has raised over $55M from big funds like Binance Labs, HashKey Capital, Animoca Brands, etc.

The team launched a quest campaign where users can farm their points by completing different tasks. There are only 3 quests available now, you can invite friends, tho.

What to do:

  • Go to the website and register (via Metamask, for example);
  • Complete quests (it takes about 5 minutes);
  • Follow the project’s social networks.

[2] 🔔 Is the path for Solana only down?

According to donchichi1 technical analysis, the market has tested an important area. And the SOL will go down further. He has set his target to sell tokens with a target of 145.38 if they fall below $194. 

The analyst did not rule out that Solana could fall to $125, but $172.08 is more likely in the short term.

*Any technical analysis, in the long run, cannot accurately predict the movement because now is a very tough market and the news can swing currencies in all directions.


[3] 🔔 Aperture TGE Airdrop activities

Aperture is a project that aims to develop tools that utilize AI to improve user interaction with DeFi. It supports the Scroll network, so there are some good chances to receive two drops at the same time. On March, 25th, the Aperture INTENTional Campaign started during which 7% of $APTR tokens will be distributed. Deadline: when TGE ends or when Intents Volume reaches $10B.

What to do:

Tanja Nechet

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