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It was necessary to buy: bitcoin volatility, the rise of TON and the listing of Notcoin

Forklog / 06.04.2024 / 13:39
It was necessary to buy: bitcoin volatility, the rise of TON and the listing of Notcoin

"I should have bought it" is a news podcast with the editors and friends of ForkLog about the main industry events of the week and the "hottest" tokens. 

Topics of the issue: post-halving bitcoin price forecasts, Ethena and Wormhole airdrops, the transformation of Blast into a real DeFi ecosystem and the upcoming listing of Notcoin.

Participants: ForkLog authors Lena Jess, Alex K., Vasily Smirnov.

Special guest: Alex Kruglov, Commercial Director of Wallet.

The return of volatility 

The other day, the price of the first cryptocurrency collapsed from around $69,500 to the level of $65,000. The Ethereum exchange rate fell to $3,250. 

The correction was accompanied by massive liquidations of long positions. 

However, many market analysts remain optimistic. For example, Morgan Creek Capital CEO Mark Yusko expects bitcoin at $150,000 by the end of the year. According to his forecasts, the post-halving growth will last the next nine months.

The mysterious transfer of bitcoins to Coinbase

A US government-controlled wallet with 30,174 BTC initiated the transfer of ~2,000 BTC to the address of the Coinbase Prime platform. 

Experts allowed the sale of assets seized from James Zhong. In April 2023, he was sentenced to a year in prison for stealing 50,000 BTC from the Silk Road darknet marketplace.

Although such a deal could shake the mood of traders, the market remained calm, demonstrating a relatively positive daily trend. 

"I am glad that [the United States government] it does this by returning [assets] to the markets. In any case, buy on drawdowns," said Michael van de Poppe, founder of MN Trading.

Unpredictable Blast

The ecosystem of the Blast L2 solution has risen to the sixth place in the DeFiLlama rating. Its TVL reached $1.37 billion, surpassing the figures of Base, Avalanche and Polygon. 

The other day, the Uniswap Labs team deployed the protocol of the same name on Blast.

"Liquidity providers in pools with USDB or WETH tokens can receive native income (as if they stored these coins on a Blast wallet)," the developers stressed.

The project was launched in November 2023 by the founder of the NFT marketplace Blur under the pseudonym Pacman. Initially, the protocol did not even have a test network and offered users to deposit coins over the bridge. 

The upcoming listing of Notcoin

The Notcoin gaming Web3 project has scheduled the listing of the NOT token for April 20. The event is timed to coincide with the halving of the first cryptocurrency.

Notcoin attracted almost 35.2 million users. This is 0.44% of the world's population.

The game works like a Telegram app. For about three months, users mined non-existent tokens by clicking on the animated image of the coin on the screen.

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