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BullDigest's May 1 Post-Market Summary of Coinbase Global, Inc.

  • 3 days ago
  • bulldigest.com
  • Keywords: Post-Market, Summary, Coinbase Global, Inc.

Check out BullDigest's May 1 Post-Market Summary of Coinbase Global, Inc.. We provide a summary of the key news from market opening hours.

Post-Market SummarySMFGsentiment_satisfied

Estimated market influence

cashoutempire.com

Negativesentiment_dissatisfied
Analyst rating: N/A

Involved in cyber fraud and money laundering.

Avalanche Chain

Positivesentiment_satisfied
Analyst rating: N/A

Growth in ecosystem projects, users, and TVL.

BOBS

Negativesentiment_dissatisfied
Analyst rating: N/A

Price decline of 1.52%.

FTR

Positivesentiment_satisfied
Analyst rating: N/A

Price increase of 2.05% and integration with Fantrie platform.

GUNZ

Positivesentiment_satisfied
Analyst rating: N/A

Price increase, successful game integration, and high transaction volume.

SOLX

Positivesentiment_satisfied
Analyst rating: N/A

High APY during presale.

Bitcoin

Neutralsentiment_neutral
Analyst rating: N/A

Rebounding due to institutional adoption.

Hyperliquid (HYPE)

Neutralsentiment_neutral
Analyst rating: N/A

Trading at $19.85.

Ripple (XRP)

Neutralsentiment_neutral
Analyst rating: N/A

Consolidating with potential acquisition.

SUI

SUI

Positivesentiment_satisfied
Analyst rating: Buy

Price increase following partnership.

Bitwise

Positivesentiment_satisfied
Analyst rating: N/A

Predicting Bitcoin's growth and ETF plans.

Galaxy Digital

Neutralsentiment_neutral
Analyst rating: N/A

Listing on Nasdaq to expand investor base.

Tether

Neutralsentiment_neutral
Analyst rating: N/A

High exposure to U.S. Treasurys.

21Shares

Positivesentiment_satisfied
Analyst rating: N/A

Filing for SUI ETF and partnership with Coinbase.

Coinbase Ventures

Neutralsentiment_neutral
Analyst rating: N/A

Investment in Gunzilla Games' ecosystem.

Jump Crypto

Neutralsentiment_neutral
Analyst rating: N/A

Investment in Gunzilla Games' ecosystem.

VanEck

Neutralsentiment_neutral
Analyst rating: N/A

Investment in Gunzilla Games' ecosystem.

Animoca Brands

Neutralsentiment_neutral
Analyst rating: N/A

Investment in Gunzilla Games' ecosystem.

Delphi Digital

Neutralsentiment_neutral
Analyst rating: N/A

Investment in Gunzilla Games' ecosystem.

Context

Cybercrime Case: Suleman Mazhar

  • Case Details: Suleman Mazhar pleaded guilty to cyber fraud and money laundering involving cryptocurrency.
  • Timeframe: Operations conducted from 2020 to 2022.
  • Activities: Operated cashoutempire.com, selling illegal products like false bank accounts, credit cards, malware, and ransomware.
  • Cryptocurrency Laundering: laundered €80,000 worth of cryptocurrency (now valued at €200,000) across multiple coins including Bitcoin, Ethereum, Litecoin, Dogecoin, Monero, XLM, Dash, and Cardano between June 2020 and July 2021.
  • Sentencing: Sentencing adjourned until May 9th, with potential jail time pending.

Avalanche Chain Tokens

BOB (BOBS)

  • Price Movement: Down 1.52%, trading at $0.0000000979.
  • Market Cap: $78,338.
  • Trading Volume: $54.78.
  • Ecosystem: Layer-2 solution bridging Bitcoin and Ethereum, enabling DeFi applications with Liquid Staking Tokens.
  • Stats: Over 100 projects, 320,000 users, and $200 million in TVL.

Fautor (FTR)

  • Price Movement: Up 2.05%, trading at $0.00583.
  • Market Cap: $3.50 million.
  • Trading Volume: $219.91.
  • Ecosystem: Decentralized platform for creators to monetize work, integrated with Fantrie (South Korea's largest creator-fan platform).
  • Stats: Over 1 million users and 1,500 creators.

GUNZ (GUN)

  • Price Movement: Up 21.12% over the previous week.
  • Ecosystem: Layer-1 blockchain for AAA games, powers "Off The Grid (OTG)" battle royale game.
  • Stats: Over 487 million transactions across 14.5 million wallets.
  • Partnerships: Coinbase Ventures, Jump Crypto, VanEck, Animoca Brands, and Delphi Digital.

SOLX

  • Product: Layer-2 solution for Solana aimed at improving transaction performance.
  • Presale Price: $0.00158.
  • APY Potential: Early investors can see up to 708% APY.

Other Cryptocurrency News

Bitcoin

  • Price: Trading above $96,000, rebounding from pullback due to US GDP data.

Hyperliquid (HYPE)

  • Price: Trading at $19.85.

Ripple (XRP)

  • Price: Consolidating at $2.21, with attention to potential acquisition of Circle.

SUI

  • Price Movement: Up 10% following partnership with 21Shares.
  • Partnership: 21Shares filed for a SUI ETF.

Bitwise Prediction

  • Projection: Bitcoin could reach $1 million by 2029 due to institutional adoption and ETF inflows.

Galaxy Digital

  • Listing: Plans to list on Nasdaq on May 16th to expand investor base.

Tether

  • Exposure: Reports nearly $120 billion exposure to U.S. Treasurys by Q1 2025.

21Shares

  • Filing: Filed for an S-1 with the SEC for a spot SUI ETF, with assets held in custody by Coinbase.
  • Note: Fund does not include staking component.

Crypto ETFs

  • Developments: Various asset managers (Bitwise, Grayscale, Franklin Templeton, REX Shares) have filed for spot ETFs tied to Solana, XRP, Dogecoin, Cardano, Avalanche, Hedera, Litecoin, and Polkadot.