Daily Recap 4/12/2024

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News

April 12th Options Data: Options for 21,000 BTC are set to expire, featuring a Put Call Ratio of 0.62, a Maxpain point at $69,000 and a notional value totalling $1.5 billion.

Options for 230,000 ETH are also due to expire, with a Put Call Ratio of 0.49, a Maxpain point of $3,425 and a notional value of $800 million. Link

On Thursday, SBF lodged an appeal with Lewis Kaplan, a judge in the U.S. District Court for the Southern District of New York. Court records indicate that the appeal concerns his conviction and sentencing. SBF was sentenced to almost 25 years in prison on March 28 of this year. Link

Carl Cervone's study reveals that over $360 million in grants have been awarded to more than 5,000 projects within the Ethereum ecosystem since 2019, with the majority allocated during the bear market. In 2023, the largest sum of grants, amounting to $169 million, was distributed. So far in 2024, grants totalling $106 million have been allocated, benefiting entities such as the Arbitrum Foundation, DAO Drops, Gitcoin Grants, Octant and the Optimism Foundation. Link

Just three months after beginning trading, BlackRock's IBIT spot bitcoin ETF has amassed $15 billion in total inflows. Link

Projects

BeraChain - The Series B financing for the community-driven Layer1 blockchain, Berachain, has expanded to $100 million. This round is led by Brevan Howard Digital and Framework Ventures, and includes contributions from Polychain Capital, Hack VC and Tribe Capital. The capital raised will be utilised for international expansion. Link

Pac Finance - Pac Finance, a lender based on Blast, experienced $26 million in 'unnecessary liquidations'. Link

EigenLayer - Yesterday, six new AVSs were launched alongside EigenDA. Link

Uniswap - Since receiving the SEC's notice, long-term UNI holders have quickly sold off 1.7 million tokens, valued at approximately $18 million. Link

Disclaimer: This research report is exactly that — a research report. It is not intended to serve as financial advice, nor should you blindly assume that any of the information is accurate without confirming through your own research. Bitcoin, cryptocurrencies, and other digital assets are incredibly risky and nothing in this report should be considered an endorsement to buy or sell any asset. Never invest more than you are willing to lose and understand the risk that you are taking. Do your own research. All information in this report is for educational purposes only and should not be the basis for any investment decisions that you make.

News

April 12th Options Data: Options for 21,000 BTC are set to expire, featuring a Put Call Ratio of 0.62, a Maxpain point at $69,000 and a notional value totalling $1.5 billion.

Options for 230,000 ETH are also due to expire, with a Put Call Ratio of 0.49, a Maxpain point of $3,425 and a notional value of $800 million. Link

On Thursday, SBF lodged an appeal with Lewis Kaplan, a judge in the U.S. District Court for the Southern District of New York. Court records indicate that the appeal concerns his conviction and sentencing. SBF was sentenced to almost 25 years in prison on March 28 of this year. Link

Carl Cervone's study reveals that over $360 million in grants have been awarded to more than 5,000 projects within the Ethereum ecosystem since 2019, with the majority allocated during the bear market. In 2023, the largest sum of grants, amounting to $169 million, was distributed. So far in 2024, grants totalling $106 million have been allocated, benefiting entities such as the Arbitrum Foundation, DAO Drops, Gitcoin Grants, Octant and the Optimism Foundation. Link

Just three months after beginning trading, BlackRock's IBIT spot bitcoin ETF has amassed $15 billion in total inflows. Link

Projects

BeraChain - The Series B financing for the community-driven Layer1 blockchain, Berachain, has expanded to $100 million. This round is led by Brevan Howard Digital and Framework Ventures, and includes contributions from Polychain Capital, Hack VC and Tribe Capital. The capital raised will be utilised for international expansion. Link

Pac Finance - Pac Finance, a lender based on Blast, experienced $26 million in 'unnecessary liquidations'. Link

EigenLayer - Yesterday, six new AVSs were launched alongside EigenDA. Link

Uniswap - Since receiving the SEC's notice, long-term UNI holders have quickly sold off 1.7 million tokens, valued at approximately $18 million. Link

Disclaimer: This research report is exactly that — a research report. It is not intended to serve as financial advice, nor should you blindly assume that any of the information is accurate without confirming through your own research. Bitcoin, cryptocurrencies, and other digital assets are incredibly risky and nothing in this report should be considered an endorsement to buy or sell any asset. Never invest more than you are willing to lose and understand the risk that you are taking. Do your own research. All information in this report is for educational purposes only and should not be the basis for any investment decisions that you make.

News

April 12th Options Data: Options for 21,000 BTC are set to expire, featuring a Put Call Ratio of 0.62, a Maxpain point at $69,000 and a notional value totalling $1.5 billion.

Options for 230,000 ETH are also due to expire, with a Put Call Ratio of 0.49, a Maxpain point of $3,425 and a notional value of $800 million. Link

On Thursday, SBF lodged an appeal with Lewis Kaplan, a judge in the U.S. District Court for the Southern District of New York. Court records indicate that the appeal concerns his conviction and sentencing. SBF was sentenced to almost 25 years in prison on March 28 of this year. Link

Carl Cervone's study reveals that over $360 million in grants have been awarded to more than 5,000 projects within the Ethereum ecosystem since 2019, with the majority allocated during the bear market. In 2023, the largest sum of grants, amounting to $169 million, was distributed. So far in 2024, grants totalling $106 million have been allocated, benefiting entities such as the Arbitrum Foundation, DAO Drops, Gitcoin Grants, Octant and the Optimism Foundation. Link

Just three months after beginning trading, BlackRock's IBIT spot bitcoin ETF has amassed $15 billion in total inflows. Link

Projects

BeraChain - The Series B financing for the community-driven Layer1 blockchain, Berachain, has expanded to $100 million. This round is led by Brevan Howard Digital and Framework Ventures, and includes contributions from Polychain Capital, Hack VC and Tribe Capital. The capital raised will be utilised for international expansion. Link

Pac Finance - Pac Finance, a lender based on Blast, experienced $26 million in 'unnecessary liquidations'. Link

EigenLayer - Yesterday, six new AVSs were launched alongside EigenDA. Link

Uniswap - Since receiving the SEC's notice, long-term UNI holders have quickly sold off 1.7 million tokens, valued at approximately $18 million. Link

Disclaimer: This research report is exactly that — a research report. It is not intended to serve as financial advice, nor should you blindly assume that any of the information is accurate without confirming through your own research. Bitcoin, cryptocurrencies, and other digital assets are incredibly risky and nothing in this report should be considered an endorsement to buy or sell any asset. Never invest more than you are willing to lose and understand the risk that you are taking. Do your own research. All information in this report is for educational purposes only and should not be the basis for any investment decisions that you make.

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Vitae congue eu consequat ac felis placerat vestibulum lectus mauris ultrices cursus sit amet dictum sit amet justo donec enim diam porttitor lacus luctus accumsan tortor posuere praesent tristique magna sit amet purus gravida quis blandit turpis. Vitae congue eu consequat ac felis placerat vestibulum lectus mauris ultrices cursus sit amet dictum sit amet justo donec enim diam porttitor lacus luctus accumsan tortor posuere praesent tristique magna sit amet purus gravida quis blandit turpis.

  • Neque sodales ut etiam sit amet nisl purus non tellus orci ac auctor
  • Adipiscing elit ut aliquam purus sit amet viverra suspendisse potenti
  • Mauris commodo quis imperdiet massa tincidunt nunc pulvinar
Odio facilisis mauris sit amet massa vitae tortor.

Lorem ipsum dolor sit amet, consectetur adipiscing elit lobortis arcu enim urna adipiscing praesent velit viverra sit semper lorem eu cursus vel hendrerit elementum morbi curabitur etiam nibh justo, lorem aliquet donec sed sit mi dignissim at ante massa mattis. Lorem ipsum dolor sit amet, consectetur adipiscing elit lobortis arcu enim urna adipiscing praesent velit viverra sit semper lorem eu cursus vel hendrerit elementum morbi curabitur etiam nibh justo, lorem aliquet donec sed sit mi dignissim at ante massa mattis. Lorem ipsum dolor sit amet, consectetur adipiscing elit lobortis arcu enim urna adipiscing praesent velit viverra sit semper lorem eu cursus vel hendrerit elementum morbi curabitur etiam nibh justo, lorem aliquet donec sed sit mi dignissim at ante massa mattis.

Vitae congue eu consequat ac felis placerat vestibulum lectus mauris ultrices cursus sit amet dictum sit amet justo donec enim diam porttitor lacus luctus accumsan tortor posuere praesent tristique magna sit amet purus gravida.

Lorem ipsum dolor sit amet, consectetur adipiscing elit lobortis arcu enim urna adipiscing praesent velit viverra sit semper lorem eu cursus vel hendrerit elementum morbi curabitur etiam nibh justo, lorem aliquet donec sed sit mi dignissim at ante massa mattis. Lorem ipsum dolor sit amet, consectetur adipiscing elit lobortis arcu.

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