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Quick Take A new Bitcoin mining report from Cambridge University says that sustainable energy use by the industry has reached 52.4% — up from 37.6% in 2022. The figure exceeds Elon Musk’s stated threshold of 50% for Tesla to resume allowing bitcoin payment options, though the electric vehicle manufacturer is yet to do so.
Shiba Inu faces renewed sell-off fears after hackers offload 150 billion SHIB tokens. SHIB battles resistance near $0.0000145 as bullish momentum faces critical test. Longer-term SHIB forecasts predict over 100% upside if market stability returns.
Quick Take Spot bitcoin ETFs in the U.S. recorded their seventh consecutive day of inflows on Monday. Bitcoin remains relatively stable, trading at $94,359 after briefly rising above $95,000 earlier on Monday.
Onyxcoin’s technical indicators show a mixed but stabilizing outlook as it holds key support levels and eyes a potential push toward $0.024.
Bitcoin price volatility catalysts line up as traders weigh the likelihood of a trip below $90,000 to test recently-reclaimed support levels.
Pi Network’s PI token is currently in a consolidation phase, with its price stuck between $0.60 and $0.66. Market volatility is low, and a breakout in either direction could lead to significant price movement.
- 03:09In the last hour, ALPACA token contracts experienced a liquidation amounting to $3.4298 million, taking the top spot on the liquidation heatmap.PANews reported on April 30 that Coinglass data shows ALPACA token contracts were liquidated for $3.4298 million in the past hour, mostly on short positions, surpassing the liquidation volume of Bitcoin and Ethereum over the past hour and currently ranking first on the liquidation heatmap.
- 03:09Movement Foundation Reclaims 740 Million MOVE Tokens in Preparation for the Next Phase of MoveDropOdaily reports that according to an update from @movementfdn, the Movement Foundation has reclaimed 740 million MOVE tokens allocated for the initial L1 phase of MoveDrop into the foundation's wallet. The official statement indicates that this move is in preparation for the completion of the Movement portion of MoveDrop.
- 02:53Aleph Zero launches Web3 application Common Solution supporting cross-chain private transactionsPrivacy chain Aleph Zero announced the launch of a new Web3 application, Common Solution. In its first phase, it supports private cross-chain transactions on Aleph Zero EVM and Arbitrum, with plans to expand to Ethereum mainnet, Base, Berachain, Sonic, and other EVM networks. Developed by Common—a privacy project initiated by Aleph Zero co-founder Adam Gagol—Common Solution offers features such as shielded addresses, private staking, confidential bridging, and anonymous yield generation while being compatible with mainstream wallets like MetaMask, Ledger, and Rabby. The mobile version is expected to be launched by the end of May. The platform is based on Aleph Zero's Shielder Network and employs zero-knowledge proofs along with secure multi-party computation technology to ensure user privacy in on-chain operations while retaining necessary audit compliance possibilities. Aleph Zero is a fast privacy-focused blockchain ecosystem that utilizes zero-knowledge proofs and provides WASM and EVM compatibility for rapid transaction finality and seamless integration with existing web3 infrastructure; its speed, security features, and developer-friendly tools enable widespread adoption across various applications.