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May1 was International Workers' Day and had taken a time off from the market, but dont worry, this newsletter combines the happenings of May1st & 2nd.
Lately Crypto Markets have been moving slowly right? 🦸🏼‍♂️
Because
You bought what others shilledYou bought the topYou have no idea about trading Greed of making 100xStudy Bitcoin Be Invested
3
Stay Humble & Keep Stacking Sats!!
Cathie Wood: By 2030, the price of $BTC will reach $3.8 million
Our Views: If institutional investors invest 5% of their portfolios or even their profits to $BTC then this could be a reality by 2030
Reality?? No, Its Happening: Block has implemented a program to purchase BTC at average cost (DCA), which will last until 2024. As part of this program, Block will invest 10% of its gross profits from BTC products into the purchase of BTC.
The biggest Fundraising Rounds conducted in April
Projects that received the most funding are Monad ($225M), an L1 blockchain, Berachain ($100M), an EVM-compatible L1, and Auradine ($80M), a provider of web infrastructure.
FUNDRAISES & INVESTMENTS on May 1st & 2nd
- Paragraph: Web3 Publishing platform has raised $5 million from USV and Coinbase Ventures, and is also acquiring blogging platform Web3 Mirror.
- Baxus has raised $5 million in a seed round led by Multicoin Capital and Solana Ventures, FJ Labs and Narwhal Ventures.
- Binance Labs invested at Movement Labs.
- Agora: Crypto voting platform has completed a $5 million seed funding round led by Haun Ventures.
- $TON: Pantera Capital invested in The Open Network.
- Mitosis: Modular liquidity protocol has completed $7 million in funding led by Amber Group and Foresight Ventures.
- XYZ Crypto Fund completed funding for $5.1 million, with the participation of Gemini.
- Metale Protocol: completed a $4 million seed round of funding.
- Klumi Ventures: launches two investment funds for Web3 startups for $115 million.
- Patriots Division raised $5 million in funding for a Web3 game for Shadow War.
- Animoca Brands has published an “ApeCoin Ventures” proposal, proposing to create a $10 million fund together with ApeCoin.
- Matera: Received $3.6 million in funding with participation from The Sandbox and others.
- Mocaverse: $MOCA token sale is completed. ~$29.3 million raised.
- BlackRock leads Securitize's $47 million round.
NEWS
- layerzero: Picture 1 is taken. More information will come later.
- Ampera announced launch of the main network and airdrop $ANVL.
- Arkham - Partnership with $TON to deliver Arkham data to millions of TON and Telegram users
- EigenLayer: Give an additional 100 EIGEN to all users who interacted with EigenLayer before April 29th.
- Drift launched $DRIFT token hallmarks.
REKT ALERT
- Pike presumably again hacked for 479 $ETH (~$1.4 million).
- In April 2024, the crypto space suffered ~40 hacks, resulting in losses of ~$60.2 million.
That's it for today folks. Have a great day ahead 
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