Weekly Crypto Recap (April 22nd - April 29th)

Here's a weekly recap from Metaverse.SG, highlighting the most notable crypto events this week:

• Market Overview
• NFT Market not Dead?
• Airdrops Distributions
• Free Airdrop Guide from our Friend

Let’s dive headfirst into the main crypto news of this week!

MARKET OVERVIEW

BTC:

BlackRock iShares Bitcoin Trust (IBIT) has seen its first day of $0 inflows since Bitcoin ETFs were launched.

ETF Bitcoin Flow:

• Monday: +935 BTC (+$62,220,000)
• Tuesday: ​​+472 BTC (+$31,640,000)
• Wednesday: -1879.47 BTC (-$120,640,000) 
• Thursday: -3388.78 BTC(-$217,580,000)
• Friday: -1326.28 BTC(-$83,600,000)

ETH:

• Consensys (MetaMask) is suing the SEC for abusing authority in crypto
  Consensys wants a federal court to declare that Ethereum is not a security so that it can stop the SEC from overextending its authority
  
   

  

  
   

• US SEC expected to deny spot Ether ETFs next month, industry sources say
  April 25 (Reuters) - U.S. issuers and other firms expect the Securities and Exchange Commission to deny their applications to launch exchange-traded funds (ETFs) tied to the price of ether after discouraging meetings with the agency in recent weeks, four people said.
   

NFT Market not Dead?

Everything started after the Crypto Punk #635 sold for 4,000 $ETH ($12,405,000).

 

After that, the entire NFT market began to grow rapidly
 

• BAYC reaction
  Floor Price: 12.5 ETH -> 17.5 ETH
  
  
   

  

  
   

• MAYC reaction
  Floor Price: 2.3 ETH -> 3.4 ETH
  
  
   

  

  
   

• PudgiPenguins reaction
  Floor Price: 10.7 ETH -> 12.5 ETH
  
  
   

  

  
   

• Azuki reaction
  Floor Price: 4 ETH -> 4.7 ETH
  
  
   

  

  
   

• In the last month, 3 CryptoPunk Aliens have sold for $16.4M, $16M & $12.4M
  
   

  

Airdrop Distribution

Renzo:
 

Renzo announced details of the airdrop before going live on Binance on 30 April

• Season 1 farming snapshot was taken on 26 April
• 30% tokens have been allocated to the community, of which 7% will go for season 1
• The $REZ claim will be available on May 2nd on the official page.
• Top 5 wallets will have a vesting of 50% for 6 months.
• $REZ tokens will be distributed linearly according to each user's accumulated ezPoints

MANEKI:
 

5,199 MANEKI worth ~$100 were AirDropped to all Solanaphone 2 holders
Two airdrops have fully covered the cost of purchasing SolanaPhone 2, and now there's a net profit.

Free Airdrop Guide from our Friend

Our good friend 0x_Doomer has agreed to share his threads with us. You can access these airdrops at no cost👇

Conclusion:

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