Triaconta Weekly #254

The following topics will be addressed in this weekly:

  • Bundle performance
  • Winners & Losers
  • Market overview

Bundle performance
An entire Bitcoin is a sizable investment these days that is not for everyone. Still, there are nearly 1 million wallets in the world currently holding at least 1 Bitcoin, 19% more than a year ago. The crypto exchanges are also currently holding more Bitcoin than ever before. However, this week’s price rise coincides with news of the possible collapse of yet another major U.S. bank. Growing concerns about the health of the banking sector were the main driver behind Bitcoin’s impressive gains in the first quarter. Technically, we are rebounding from the 50-day average and thus can remain positive about the future. Bitcoin dominance continues to increase toward 50% of the market. The Big3 with 45% Bitcoin is still pocketing some gains, with the rest of the bundles posting 2-3% losses this week.

Big3:
1 Month: +3.57% | 7D: +1.30% | 24H: +2.03%

Top30:
1 Month: +0.69% | 7D: -2.38% | 24H: +1.78%

Penny:
1 Month: +8.49% | 7D: -3.22% | 24H: +1.80%

DeFi:
1 Month: +1.03% | 7D: -3.92% | 24H: +1.63%

Winners & Losers
PennyStock JasmyCoin (+11%) continues to do extremely well with already 50% gains since the bottom in late March. Furthermore, only former PennyStock MultiversX (+10%) and Internet Computer (+6%) surpass Bitcoin (+4%) this week. Former Defi token PancakeSwap (-20%) falls further after a proposal to significantly reduce the reward for proof of stake. By creating fewer new tokens, they actually expected better price performance, but the prospect of a decrease in the staking reward appears to be the main reason to sell the token.

Market overview

Mythical Games new NFL Rivals American football game is ready for primetime and the mobile video game of the most popular sport in the U.S. is now available to the general public on Apple and Android. The launch of the first officially NFL-licensed cryptogame comes with surprising news. Mythical says it is trading Ethereum for the cheaper and faster Polkadot blockchain. Mythical expects more than 10 million players for NFL Rivals this year. The company believes the move to Polkadot will help increase the number of users playing Mythical titles and expand trading in their in-game digital assets, or NFTs.

Top 30 and Defi coin NEAR Protocol announced at the Great Consensus Conference its intention to move forward as a Blockchain Operating System, a direct entry point to Web3 and Web2 projects. #NEARistheBOS.

Deloitte has 331 crypto-related job openings worldwide, according to a search on LinkedIn. These range from blockchain analysts to crypto tax experts. Of all the major accounting firms, Deloitte is the most crypto-friendly and the only one that dared to audit the books of USDC stablecoin issuer Circle.

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