Crypto Morning News - April 26th

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Bitcoin breaks through $52,000, a rise of 3.68% in 24H

Bitcoin broke through $52,000 and is now quoted at $52001.63, an increase of 3.68% in 24H.

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Coinbase mobile app set a record for downloads and daily active users last week

Morgan Creek founder Anthony Pompliano tweeted that in the past week, the number of downloads and daily active users of the Coinbase mobile app set a record.

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Binance will list Apple, Microsoft, and MicroStrategy equity stock tokens

Binance will list Microstrategy (MSTR), Apple (AAPL) and Microsoft (MSFT) stock tokens. The specific time is: Microstrategy (MSTR/BUSD) will be launched at 1:30 PM (UTC) on April 26. Apple (AAPL/BUSD) will be launched at 1:30 PM (UTC) on April 28. At 1:30 PM on April 30 ( UTC) Listed Microsoft (MSFT/BUSD).

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This week, DOT will release 3.705 million DOT, and the peak of lease pledge will be on April 29th

According to Subscan data, this week (April 26th-May 2nd) Polkadot released a total of 3.705 million DOT pledges. The peak of the pledge release was on April 29. A total of 1.473 million DOT pledges were released.

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The number of transactions in a single day on the Ethereum network continues to hit a record high

Eherscan data shows that the number of single-day transactions on the Ethereum network continued to hit a record high on April 22nd, reaching over 1.57 million. The number of single-day transactions on the 24th and 25th was about 1.4 million, which was near the peak. Previously, the Ethereum network increased the gas limit of the block from about 12.5 million Gwei to 15 million Gwei around April 22nd, an increase of about 20%. Since last Saturday (April 24th), the Ethereum Gas price has remained below 100 Gwei and is currently close to around 50 Gwei.
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Yao Ming's American Winery releases the latest wine list, The Chop, and will auction its limited edition NFT at the same time

Former NBA basketball star and chairman of the Chinese Basketball Association, Yao Ming, a winery located in the Napa region of the United States, released the top wine brand The Chop, and will also auction its limited edition NFT. This is the first auction that combines wine and NFT. It is reported that with the help of the traceability feature of the blockchain, the sold NFT can still be tracked, so it can enable special functions and obtain a certain percentage of fees for each transaction, usually between 2.5% and 10% of the sales price.

The sale will start at 12 noon on the 14th Pacific Standard Time in the United States for 48 hours. It is worth noting that among the 200 NFT auctions, The bottle#11 of The Chop and NFT#11 auction targets have attracted much attention.

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SushiSwap is expected to be deployed on OKExChain next week

SushiSwap (SUSHI) officially stated that it is expected to be deployed on OKExChain next week. SushiSwap has previously deployed SushiSwap contracts on Fantom, Polygon, xDai Chain, Binance Smart Chain, Moonbeam Network, and plans to deploy on Optimism to reduce gas costs.

South Korea's four largest cryptocurrency exchanges have a transaction volume of 1.33 trillion U.S. dollars in the first quarter

South Korea’s Joongang Daily reported that as of the end of February this year, the number of real-name authentication accounts of the four largest cryptocurrency exchanges in South Korea, Bithumb, Coinone, Upbit, and Korbit, reached 2,501,769.

In the first quarter of this year alone, the Bank of Korea that cooperated with Upbit opened 1.8 million new accounts. The volume of cryptocurrency transactions is increasing dramatically.

On the 24th of this month, the volume of transactions in the South Korean market alone reached 28 trillion won (approximately $25.1 billion). This has exceeded the Korean KOSDAQ (KOSDAQ) trading volume (15.6533 trillion won as of the 23rd, about $14 billion). In the first quarter of this year, the transaction value of the four major cryptocurrency exchanges in South Korea reached 1486.2770 trillion won (approximately $1.33 trillion).

Former Coinbase CTO donates $50,000 cryptocurrency to India's coronavirus rescue campaign

CoinDesk reported that Balaji Srinivasan, the former chief technology officer of Coinbase and a partner on the board of venture capital firm Andreessen Horowitz, joined the fund set up by Indian technology founder Sandeep Nailwal to help alleviate the coronavirus in India. Srinivasan donated $50,000 in cryptocurrency and promised to increase it by $100,000. Earlier news, Vitalik Buterin donated more than $600,000 of cryptocurrency to India's coronavirus rescue campaign.

U.S. tax increases plan or push investors to switch to DeFi

The Daily Hodl reported that Messari CEO Ryan Selkis said that investors may switch to DeFi due to the Biden administration’s proposal to increase capital gains tax from the current 23.8% to 43.4%. Selkis said that one of the unintended consequences may be that, in the long and medium term, more capital is locked in this crypto ecosystem. Ultimately, this will benefit the entire class of assets. Selkis explained that investing in DeFi assets can borrow existing crypto assets to obtain income, rather than selling them and triggering a taxable event. In addition, as for the current Bitcoin correction, Selkis said that buying on dips may bring a new wave of buyers.

Raydium Protocol's lock-up volume has exceeded $500 million

The Solana-based on-chain order book AMM Raydium Protocol tweeted that its lock-up volume (TVL) has exceeded $500 million.

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MARKET DATA - TOP 10 [ from CoinMarketCap ]

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THANKS ALL!