Hachu Patel (@bybitt) • Hey

Publications

😁Just ordered this 👇 Limited edition 👑 @Ledger Nano X Deadfellaz edition 😎To test the number of days it takes to deliver & custom duty ✅I will update u guys once I receive it 👇Cmt Ur guess ✅Working on Hw & sw wallet comparison, later @Ledger tutorials 💙Like 🔁RT [CryptoTelugu on Twitter](https://twitter.com/CryptoTeluguO/status/1650691363816579075) “😁Just ordered this 👇 Limited edition 👑 @Ledger Nano X Deadfellaz edition 😎To test the number of days it takes to deliver & custom duty ✅I will update u guys once I receive it 👇Cmt Ur guess ✅Working on Hw & sw wallet comparison, later @Ledger tutorials 💙Like 🔁RT”
Bitcoin Update (Continuous) 🔹The weekly candle of Bitcoin has closed in the red, indicating a decline in price. 🔹The ongoing downtrend in Bitcoin's price requires it to maintain its position above 26,500. 🔹A failure to hold above this level could result in further drops in Bitcoin's price. 🔹It is crucial for Bitcoin to establish a strong support level to avoid further price declines. 🔹The market sentiment towards Bitcoin remains bearish in the short term. Stay tuned for more info!!
Top 10 #crypto Performers in past 2 Days within Top 100 Marketcap Coins: 1. $BGB 13.06% 2. $KAS 6,18% 3. $TKX 0.79% 4. $TRX 0.07% 5. $HT 0.00% 6. $LDO 0.00% 7. $EDGT-0.10% 8. $LTC -0.11% 9. $APE -0.25% 10. $LEO -0.28%
Smart money eyes on BTC [‘Smart money’ eyes BTC bull run: 5 things to know in Bitcoin this week](https://cointelegraph.com/news/smart-money-eyes-btc-bull-run-5-things-to-know-in-bitcoin-this-week) Bitcoin faces a decision after a week of losses puts BTC price support at risk.
25K?? [Bitcoin price tags new April low as traders weigh odds of $25K next](https://cointelegraph.com/news/bitcoin-price-tags-new-april-low-as-traders-weigh-odds-of-25k-next) Bitcoin traders prepare for a breakdown which could see BTC price reach $25,000.
Ukraine government adopting BTC [Ukrainian Government to Adopt EU's Crypto Market Rules](https://cryptocrunchapp.com/news/ukrainian-government-to-adopt-eus-crypto-market-rules) Ukraine plans to follow in the European Union's footsteps by implementing the crypto market rules approved by the European Parliament. The National Securities and Stock Market Commission of Ukraine (NSSMC) is working on the launch of the virtual assets market in Ukraine based on the MiCA regulation. While the nation's crypto tax rules are yet to be introduced, the Lviv Office of the State Tax Service has clarified that income from cryptocurrency transactions will be included in the total annual taxable income of private individuals.
ETH [Dormant Ethereum ICO Participant Wakes Up After 7.7 Years](https://cryptocrunchapp.com/news/dormant-ethereum-ico-participant-wakes-up-after-7-years) An Ethereum address that participated in the initial coin offering (ICO) has become active after 7.7 years, transferring one ether to a new address, possibly for a test transaction. This was the wallet's first outgoing transaction, and it received 2,365 ether during Ethereum's genesis, now worth around $4.42 million. Ether was priced at $0.31 during the ICO, but its current value is approximately null,860, according to on-chain analysis by Lookonchain.
BTC 100K [Bitcoin Set to Explode to $100K by end-2024, Standard Chartered Claims](https://cryptocrunchapp.com/news/bitcoin-set-to-explode-to-100k-by-end-2024-standard-chartered-claims) Standard Chartered suggests Bitcoin could hit $100,000 by 2024, indicating the end of the "crypto winter." Factors driving this potential surge include banking sector turbulence, stabilization of risk assets as the U.S. Federal Reserve concludes its rate-hiking cycle, and enhanced crypto mining profitability. Though uncertainties persist, the path to $100,000 is becoming more apparent. Bitcoin has rallied this year, crossing $30,000 in April, rebounding after the massive crypto sector downturn in 2022 due to rate hikes and failing crypto firms.
Morning thought Once you realize you deserve to have everything you want, you won't settle for any less.
From Biden house [Biden’s comms director barred from former crypto clients: Report](https://cointelegraph.com/news/biden-s-comms-director-barred-from-former-crypto-clients-report) White House communications director Ben LaBolt will reportedly be banned from “participating in legal matters, investigations, or contracts involving cryptocurrency or technology firms he previously represented.”
Trust wallet [Trust Wallet to reimburse users after $170,000 security incident](https://cointelegraph.com/news/trust-wallet-to-reimburse-users-after-170-000-security-incident) Crypto wallet Trust Wallet disclosed a security vulnerability that resulted in nearly $170,000 in losses for some users.
BTC [Bitcoin price crawls 2.5% off lows as weekly chart risks ‘bearish engulfing’](https://cointelegraph.com/news/bitcoin-price-crawls-2-5-off-lows-as-weekly-chart-risks-bearish-engulfing) Bitcoin crawls into the weekly close, with BTC price risking a “bearish engulfing” candle.
Russia
Shiba inu [Shiba Inu Burn Rate Soars, Whale Accumulates Tokens](https://cryptocrunchapp.com/news/shiba-inu-burn-rate-soars-whale-accumulates-tokens) The Shiba Inu community burned over 1.8 billion tokens in the past week, with more than 27 million entering the dead wallet recently. Shibburn data revealed a single wallet burned 15 million SHIBs, contributing to a 244.69% burn rate increase on April 21. A whale, BlueWhale0073, also accumulated 311,998,734 SHIBs, spending $3,325,906. Despite these events, SHIB's price remains unaffected. Binance moved SHIB out of its innovation zone, recognizing its growth, while ShibaSwap 2.0 is anticipated soon.
BTC [US First Bitcoin-Enabled Real Estate Marketplace Launches via Coinbase Integration](https://cryptocrunchapp.com/news/us-first-bitcoin-enabled-real-estate-marketplace-launches-via-coinbase-integration) Real estate marketplace MyEListing is set to launch the United States' first bitcoin-enabled real estate marketplace via Coinbase integration. Buyers can purchase U.S. real estate properties with bitcoin or cash. The platform will allow worldwide users to purchase properties within one business day and provide faster transaction times than current averages. The platform initially launches for Texas-only properties with plans to expand to other select states in June 2023. MyEListing's CEO, Caleb Richter, said the program will "drive innovation in the crypto and real estate industries."
BTC lightening [Data Shows Bitcoin Lightning Network Fees 1,000x Less Than Visa And Mastercard](https://cryptocrunchapp.com/news/data-shows-bitcoin-lightning-network-fees-1000x-less-than-visa-and-mastercard) According to Glassnode, Bitcoin's Lightning Network has much cheaper median fee rates than traditional payment networks, with a fee rate of 0.0029% per 1 BTC sent across the network, equivalent to 3,000 Satoshis or $0.84 to send $28,800 worth of value. This is 1,000 times cheaper than MasterCard or Visa payment processors, which charge around 2-3% per transaction. This demonstrates that the Lightning Network is not only fast but also low-cost, offering businesses and users a cheaper alternative to legacy payment networks.
Gemini [Gemini Plans to Open Offshore Crypto Derivatives Platform Amid U.S. Regulatory Hurdles](https://cryptocrunchapp.com/news/gemini-plans-to-open-offshore-crypto-derivatives-platform-amid-us-regulatory-hurdles) Gemini, the popular cryptocurrency exchange founded by the Winklevoss twins, is set to launch an offshore derivatives platform amid tightening regulations in the United States. The new division, called Gemini Foundation, will introduce perpetual bitcoin and ether contracts denominated in Gemini dollars. The contracts will not have an expiration date, unlike traditional derivatives. The move comes as crypto exchanges face heightened scrutiny from US regulators, prompting Gemini to seek opportunities overseas.
Abu dhabi [Abu Dhabi Global Market Seeks to Build Decentralized Economic System](https://cryptocrunchapp.com/news/abu-dhabi-global-market-seeks-to-build-decentralized-economic-system) Abu Dhabi Global Market's (ADGM) Registration Authority has proposed a legal framework for Distributed Ledger Technology (DLT) foundations, addressing governance, control, beneficiaries, and liquidation. The proposals aim to create a standalone DLT foundation framework, with a minimum asset value of $25,000, and recognition of token holder's legal status. The authority is seeking feedback on the proposals until May 12, 2023. The proposal highlights the opportunity for a standalone DLT foundations framework, recognizing token holders' legal status, and emphasizing transparency, fairness, and audited annual account submissions.
Satoshi active [10-Year Dormant Satoshi Era Bitcoin Wallet Suddenly Active](https://cryptocrunchapp.com/news/10-year-dormant-satoshi-era-bitcoin-wallet-suddenly-active) A dormant Bitcoin wallet from the Satoshi era with 1,128 BTC worth $31.5 million has been activated after 10.5 years. The whale transferred 279 BTC worth $7.8 million to three new addresses, as per Lookonchain. Despite being known for coin dormancy, the Bitcoin network is seeing increased activity with over 270K daily organic transactions and a rise in hodling, as noted by Glassnode's recent report. Bitcoin's percent supply last active over five years has reached an all-time high of 28.58%.
Hongkong [Hong Kong Court Officially Labels Cryptocurrencies as Property in Ruling](https://cryptocrunchapp.com/news/hong-kong-court-officially-labels-cryptocurrencies-as-property-in-ruling) A court in Hong Kong has ruled that cryptocurrencies have property attributes and can be held in trust in a case involving defunct crypto exchange Gatecoin. Judge Linda Chan acknowledged that crypto can form the subject matter of trust and noted that the definition of "property" in Hong Kong is intended to have a wide meaning. The ruling could give insolvency practitioners greater clarity on digital assets and aligns Hong Kong with other jurisdictions that consider crypto to be property.
Australia [Australia Sees Rapid Growth in Bitcoin ATM Installations, Surpassing Asia](https://cryptocrunchapp.com/news/australia-sees-rapid-growth-in-bitcoin-atm-installations-surpassing-asia) Australia has overtaken Asia in terms of total crypto ATMs installed, recording 364 Bitcoin ATMs, while Asia hosts only 355. Australia has been actively adding Bitcoin ATMs since the beginning of 2023, consistently climbing the ranks to become the third-largest network of Bitcoin ATMs. In contrast, leading European nations and the US reported a reduction in ATM installations during the same period. The rise in crypto ATM installations in Australia reflects the country's growing interest and adoption of cryptocurrencies.
Tesla Q1 report [Tesla's Q1 Report Shows No Change in Bitcoin Holdings](https://cryptocrunchapp.com/news/teslas-q1-report-shows-no-change-in-bitcoin-holdings) Tesla did not make any transactions with bitcoin during the first quarter of 2023, according to the company's earnings release. The value of digital assets held by the electric car manufacturer at the end of the quarter was $184 million, unchanged from the previous quarter. Despite the price of bitcoin rising from $16,500 to $28,500 during Q1, Tesla did not book any gains due to current accounting rules. The company did not alter its bitcoin holdings for the third consecutive quarter.
Romania NFT [Romania Enters NFT Market with MultiversX Platform for Government Services](https://cryptocrunchapp.com/news/romania-enters-nft-market-with-multiversx-platform-for-government-services) Romania's National Institute for Research and Development in Informatics (ICI) and MultiversX launched "ICI Decentralized Services," an NFT trading platform. " The platform will be launched on April 26 and will feature Romanian sports teams, athletes, libraries, and an NFT collection titled "Past Present Future" showcasing scientific breakthroughs over the past half-century. The ICI plans to tokenize institutional ecosystems, such as education, intellectual property, and real estate, to develop a framework for a sustainable and secure economy, benefiting citizens, businesses, and institutional entities in decentralized digital ecosystems.
Satoshi [Massive Satoshi-Era Whale Address Wakes, Crypto Community Intrigued](https://cryptocrunchapp.com/news/massive-satoshi-era-whale-address-wakes-crypto-community-intrigued) A long-dormant Bitcoin wallet holding 6,071 BTC ($178 million) has been activated after 9.3 years, sparking curiosity in the cryptocurrency community. With its value rising from $3.3 million in 2013, the wallet owner now holds a massive $173 million profit. Crypto analyst Ki Young Ju suggests the 2,071 BTC transfer was likely an over-the-counter trade. Market participants will watch for further movements from this whale address and potential market implications.
🔹Stop Loss is crucial for traders' success. 🔹Tight stops lead to more losses. 🔹Big stops result in less risk-reward ratio. 🔹Find the perfect Stop Loss for you. 🔹It's the key to profitable and realistic trading. You agree with this ❓
🔹The CME gap for BTC has been completely filled. 🔹The next CME gap for bitcoin is located at around $21,000. 🔹Which is approximately 23% down from current levels.
Morning thought Just don't react at all. You do not need to. Not giving toxic people a reaction when they desperately seek it, is more powerful.
#Bitcoin Update (Continuous) 🔹The price of Bitcoin exhibited remarkable upward momentum during the current week and reached the milestone of $31,000. 🔹There is a possibility that Bitcoin may continue to rise and approach the level of $32,300, at which point it could capture liquidity and initiate a downward movement. 🔹Tomorrow is Weekly candle closing and we can expect a closing in Green ✅ Stay tuned for more info!! 🚀
The most successful trader understand that patience is key. Trading requires : 🔹10% Execution 🔹90% Waiting Impatience Leads to long-term losses. Do you agree with this ❓ Yes 👍 No 👎
Avalanche [Avalanche Soars to New Heights with Daily Active Addresses](https://cryptocrunchapp.com/news/avalanche-soars-to-new-heights-with-daily-active-addresses) Avalanche, a layer 1 blockchain protocol, is rapidly growing with its daily active addresses reaching 80,000 on April 12th and daily active user base growing 85% in the past 90 days. This growth is ahead of Binance Chain, Tron, Ethereum, Aptos and Bitcoin and signals increased interest from traditional finance companies due to a recent partnership with financial institutions to contribute to its network infrastructure.
Uniswap [Uniswap's v3 Decentralized Exchange to Launch on Polygon zkEVM](https://cryptocrunchapp.com/news/uniswaps-v3-decentralized-exchange-to-launch-on-polygon-zkevm) Uniswap DAO Approves Governance Proposal for Uniswap v3 Deployment on Polygon zkEVM, a new ZK-Rollup solution compatible with the Ethereum ecosystem. Uniswap V3 is a decentralized exchange protocol that allows token swaps and is a widely used DeFi application within the Ethereum ecosystem. The deployment will allow users to access the DEX from Polygon's Layer 2 network and join nearly 50 other projects already existing on the network.
Lens Hackathon presentations happening now at @ethglobal.lens Tokyo!
#Bitcoin Update (Continuous) 🔹The price of Bitcoin exhibited remarkable upward momentum during the current week and reached the milestone of $31,000. 🔹There is a possibility that Bitcoin may continue to rise and approach the level of $32,300, at which point it could capture liquidity and initiate a downward movement. 🔹Tomorrow is Weekly candle closing and we can expect a closing in Green ✅ Stay tuned for more info!! 🚀
XRP [Ripple Unveils Liquidity Hub to Bridge Crypto and Fiat](https://cryptocrunchapp.com/news/ripple-unveils-liquidity-hub-to-bridge-crypto-and-fiat) Ripple has launched its liquidity hub for businesses to access global liquidity pools for cryptocurrencies and fiat, reducing the cost of operations on high-volume transactions. The stand-alone solution can be accessed by enterprises requiring liquidity, offering U.S. dollars, BTC, ETH, ETC, BCH and LTC from various market makers. The solution complements Ripple’s cross-border payments service called on-demand liquidity (ODL), which has onboarded several banks worldwide to provide cheap remittance services with the help of cryptocurrencies.
Bank of America [Bank of America Sees Tokenized Real-World Assets a Game Changer](https://cryptocrunchapp.com/news/bank-of-america-sees-tokenized-real-world-assets-a-game-changer) The tokenized gold market has surpassed null billion in value last month, according to Bank of America's research report. The bank views the tokenization of real-world assets, such as commodities and precious metals, as a key driver of digital asset adoption. Tokenized gold offers exposure to physical gold with 24/7 real-time settlement, no management fees, no storage or insurance costs, and low minimum investment.
Uniswap [Uniswap's v3 Decentralized Exchange to Launch on Polygon zkEVM](https://cryptocrunchapp.com/news/uniswaps-v3-decentralized-exchange-to-launch-on-polygon-zkevm) Uniswap DAO Approves Governance Proposal for Uniswap v3 Deployment on Polygon zkEVM, a new ZK-Rollup solution compatible with the Ethereum ecosystem. Uniswap V3 is a decentralized exchange protocol that allows token swaps and is a widely used DeFi application within the Ethereum ecosystem. The deployment will allow users to access the DEX from Polygon's Layer 2 network and join nearly 50 other projects already existing on the network.
Avalanche [Avalanche Soars to New Heights with Daily Active Addresses](https://cryptocrunchapp.com/news/avalanche-soars-to-new-heights-with-daily-active-addresses) Avalanche, a layer 1 blockchain protocol, is rapidly growing with its daily active addresses reaching 80,000 on April 12th and daily active user base growing 85% in the past 90 days. This growth is ahead of Binance Chain, Tron, Ethereum, Aptos and Bitcoin and signals increased interest from traditional finance companies due to a recent partnership with financial institutions to contribute to its network infrastructure.
BTC to 10 trillion dollar [Bitcoin on Path to $10 Trillion Market Cap, Says Macro Guru Dan Tapiero](https://cryptocrunchapp.com/news/bitcoin-on-path-to-10-trillion-market-cap-says-macro-guru-dan-tapiero) Macro guru and fund manager Dan Tapiero predicts that the market cap of Bitcoin could reach up to $10 trillion in the near future. He sees Bitcoin reaching a price of up to $500,000 given the current global economic circumstances and expects the total value of all crypto assets to soar by over 600% from the current levels. Tapiero believes that the crypto space will encompass everything, including store of value, DeFi, NFTs and stablecoins.
Top 10 #Crypto Performers in past 3 Days within Top 200 Marketcap Coins: 1. $ID 100.52% 2. $STRD 83.08% 3. $BABYDOGE 50.64% 4. $XRD 49.57% 5. $WOO 41.07% 6. $ARB 34.43% 7. $BLUR 30.94% 8. $INJ 29.17% 9. $OKB 26.74% 10. $RPL 26.69%
おはよう @ethglobal.lens Tokyo! 🇯🇵 The Lens team is on the ground and we're so excited to bring the social layer of web3 to Japan. We have $20k in prizes for the hackathon! 🥇 1st $5k 🥈 2nd $3k 🥉 3rd $2k 🎖️ 10 best Lens Integrations for nullk each Lens is web3 native meaning it’s simple to build native payment features directly into your app. Mirrors, collects, follows and comments allow creators to monetize their content directly to the user, without intermediaries, and in a permissionless way. Premium content, token-gated rewards, tipping, crowdfunding, subscription services, referral, and affiliate programs are just a handful of the countless types of integrations you can build with Lens. Looking for some inspiration? - We're still in the early innings of AI and ML and want to see more devs utilizing the latest innovations from OpenAI, Replicate, HuggingFace, LangChain, and Dust just to name a few. Imagine the possibilities when web3 social intersects with AI/ML 🤯 - You could use AI/ML to analyze a user’s feed over the course of a few days and condense it into a single view so they can visit less often and still be up to date with what’s the latest and greatest. - Or create a social learning platform that uses AI to create personalized learning paths for users. It could assess users' knowledge levels, recommend relevant learning materials, and provide real-time feedback and guidance. - You could use Lens profiles specifically for your gaming identity. Imagine your in-game items and high scores attached to your Lens profile and you curate a Lens leaderboard for the community. - Bust a move! Build an app that lets users participate in virtual dance-off challenges. Users can record and upload their dances, challenge friends or random users, and compete for the elusive best dancer on Lens title 💃🕺 - Build a community app for @galverse.lens on Lens that utilizes the Splits for Collects feature (https://docs.lens.xyz/docs/create-post-typed-data#multirecipientfeecollectmodule) and you'll help with the development of the anime, character design, story, and more. - Imagine using the Collect module for more exclusive content such as event ticketing. - How about building a governance forum specifically for Lens users? gm DAOs 🤔 - Calling all pet lovers out there. Create a social platform where users can showcase their pets' talents, tricks, and general awesomeness. Users can upload videos of their pets and participate in virtual talent shows, with categories like "Best Trick," and "Funniest Moment" - Want to bridge that gap from web2 social to web3? Build a site that shows you the most followed people that have used a site (maybe the 🐦 app) or help users connect their web2 account and generate a ZKP for mapping. - Or a Lens creator dashboard for tracking post analytics (engagement, collects, revenue, etc) and helping you find your 1000 true fans. - Maybe you find yourself collecting every post from one of the 100k profiles already on Lens. Create a module to “subscribe” to someone and automatically collect everything the post within certain parameters. Here are some resources to support your hackathon efforts. Dev Docs https://docs.lens.xyz/docs Hackathon Guide https://lens.xyz/hackathons Lens Integrations https://docs.lens.xyz/docs/integrating-lens Lens SDK details https://github.com/lens-protocol/lens-sdk @nader.lens will be on stage April 14th at 7:30 PM JST in the Toranomon Hills Forum, 5th Floor | Workshop Room 1, for a developer-focused session on Building Full Stack Web3 Social Applications. Reach out to @nader.lens and @jessglover.lens for any questions on the ground in Tokyo. And make sure to stop by the Lens booth. Show us what you're building and you just might get some exclusive swag.
Montana [Montana Takes Major Step Forward in Supporting Crypto Mining](https://cryptocrunchapp.com/news/montana-takes-major-step-forward-in-supporting-crypto-mining) Montana House of Representatives passes Bill 178 to protect crypto miners with 64-35 vote. The bill prohibits local authorities from obstructing mining operations and bars discriminatory electricity rates for miners. It categorizes digital assets as personal property and bars extra taxes on cryptocurrency use. The bill now awaits the signature of Governor Greg Gianforte, who is unlikely to veto it due to his party affiliation with bill sponsor Senator Daniel Zolnikov.
Will ripple book in next bull market?? [Ripple Labs' University Initiative Boosts Blockchain Research Globally](https://cryptocrunchapp.com/news/ripple-labs-university-initiative-boosts-blockchain-research-globally) Ripple Labs announces that its University Blockchain Research Initiative (UBRI) has supported over 45 university partnerships in 20 countries, funding over 1,000 research projects since its launch in 2018. The UBRI, which initially committed $50 million in funding, aims to accelerate academic research and innovation in blockchain, cryptography, fintech, and digital assets. The initiative has facilitated up to 345 courses and began with 17 universities, expanding to 28 institutions by early 2019.
Uniswap [Uniswap Leads DeFi Innovation with Mobile Wallet Launch](https://cryptocrunchapp.com/news/uniswap-leads-defi-innovation-with-mobile-wallet-launch) Uniswap, the DeFi exchange, has launched a mobile wallet to promote DeFi wallet adoption and on-the-go trading. The wallet enables users to buy crypto with a competitive 2.55% fee and swap funds on popular DeFi platforms. It also provides in-app token and NFT data, allowing users to favorite tokens and addresses for easy tracking. The app is designed to simplify self-custody wallets, making it safe and easy to use for all.
Canon joined NFT [Canon Joins the NFT Craze with Cadabra Launch](https://cryptocrunchapp.com/news/canon-joins-the-nft-craze-with-cadabra-launch) Canon USA has announced the launch of an Ethereum NFT marketplace for photography, named Cadabra, later this year. The curated platform will feature both initial photo collections and a secondary marketplace for NFT reselling. Participating artists will also be able to offer physical prints that Canon will fulfill. Cadabra will initially launch in the US, supporting both credit/debit card and cryptocurrency payments
XRP [Ripple Unveils Liquidity Hub to Bridge Crypto and Fiat](https://cryptocrunchapp.com/news/ripple-unveils-liquidity-hub-to-bridge-crypto-and-fiat) Ripple has launched its liquidity hub for businesses to access global liquidity pools for cryptocurrencies and fiat, reducing the cost of operations on high-volume transactions. The stand-alone solution can be accessed by enterprises requiring liquidity, offering U.S. dollars, BTC, ETH, ETC, BCH and LTC from various market makers. The solution complements Ripple’s cross-border payments service called on-demand liquidity (ODL), which has onboarded several banks worldwide to provide cheap remittance services with the help of cryptocurrencies.
Nasdaq [Singapore Crypto Mining Firm Bitdeer to Debut on Nasdaq via $4B SPAC Merger](https://cryptocrunchapp.com/news/singapore-crypto-mining-firm-bitdeer-to-debut-on-nasdaq-via-4b-spac-merger) Bitdeer Technologies, a Singaporean crypto mining firm founded by Jihan Wu, is set to go public on Nasdaq on April 14 via a $4 billion SPAC merger with Blue Safari Group Acquisition. Its shares will be listed under the "BTDR" ticker. The company's CEO, Linghui Kong, anticipates the public listing will enable the company to have a greater impact on the crypto economy as a leading hash rate supplier.
Iohk [Lace Wallet from IOHK Marks New Era of Self-custody for Cardano](https://cryptocrunchapp.com/news/lace-wallet-from-iohk-marks-new-era-of-self-custody-for-cardano) Input Output Hong Kong has launched its first light wallet platform called Lace wallet, for the Cardano blockchain protocol. Lace 1.0, the first version of the new wallet, went live on the mainnet to offer self-custody for Cardano-based assets. The wallet offers numerous capabilities, including the ability to send and receive ADA and native assets, NFT transactions, and staking of ADA as a digital DeFi product. The wallet was developed with community participation and beta testing, aligning with IOHK's values of open collaboration.
ETH stacking [Ethereum Enters New Staking Era After Successful Shanghai Upgrade](https://cryptocrunchapp.com/news/ethereum-enters-new-staking-era-after-successful-shanghai-upgrade) Ethereum's Shanghai hard fork, known as "Shapella," has been completed, allowing users who have staked their ether to withdraw their rewards, marking a significant milestone in Ethereum's transition to a full proof-of-stake network. The upgrade triggered at 22:27 UTC, finalized at 22:42 UTC, and around 285 withdrawals for 5,413 ETH ($10 million) were processed within 30 minutes of activation. Ethereum's next goal is scaling to make transactions faster and cheaper, and then tackling wealth concentration issues in proof-of-stake systems.
Twitter [Twitter to Roll Out Stock And Crypto Trading Feature Through eToro](https://cryptocrunchapp.com/news/twitter-to-roll-out-stock-and-crypto-trading-feature-through-etoro) Twitter has partnered with eToro to provide its users with access to financial assets, including stocks and cryptocurrencies. The feature will allow users to buy and sell assets through eToro and monitor market data on additional financial instruments. This move is expected to connect better the brands of Twitter and eToro and reach new audiences. The feature will be rolled out on April 13th to over 350 million Twitter users.
ETH withdrawal activation [Binance to Enable ETH Withdrawals via Staking Starting April 19](https://cryptocrunchapp.com/news/binance-to-enable-eth-withdrawals-via-staking-starting-april-19) Binance announced that ETH staked through the exchange could be redeemed with BETH holdings on a 1:1 basis from April 19, 08:00 coordinated universal time. The announcement came after Ethereum implemented the highly-anticipated Shanghai hard fork, opening withdrawals of more than 18 million ETH staked in the blockchain since late 2020. Binance said that user requests for withdrawals cannot be canceled and may be slow initially, requiring 15 days to several weeks for completion.