| Crypto Takes Another Step Towards Mass Adoption If you cannot see the email below, please click here to see the web version. Dear FreeBitco.in User, You are receiving this email because you are an active user at FreeBitco.in. Your User ID 4327909 was last active on 2021-01-06.  LAST WEEK IN CRYPTO Hello FreeBitco.in Users! Bitcoin is still 15% down from its all-time high but a key metric says traders could be bullish on BTC going into May. Meanwhile, altcoins continue to rally. Let's take a look at what happened Last Week in Crypto: ➤ $3.9B Bitcoin Monthly Options Expire on 30th April; Traders Bullish on BTC? Options Data Signals Bullish Outlook for BTC Before Expiry BTC | BITCOIN $56375.78 +0.88%  As Bitcoin labored its way to the $54,000 level from a drop to $47,000, we saw Ether reach a new all-time high last week. At the time of writing, Bitcoin dominance has dropped to 48% while ETH dominance stands at 15%. However, there may be a silver lining for BTC. A key metric emerged just before Options Expiry on 30th April. While ETH longs have dominated in 2021, even peaking at 130% larger than shorts, they stood at only 6% before expiry. Meanwhile, BTC longs stood at 45% larger than shorts, signaling optimism in Bitcoin and a lack thereof in ETH's recent rally. We could soon see BTC returning to its all-time high. FUN Token Rallies 70% to Hit Two-Week High FUN | FUN Token $0.033597 +0.87%  On 23rd April, we saw FUN Token drop to its two-month low of $0.026. However, last week saw FUN rally by 70% to reclaim the $0.044 level, a two-week high. At the time of writing, FUN trades at $0.038. This rise and relative stability comes on the back of an AMA with FUN Token CEO Adriaan Brink and the news of a custodial casino for FUN planned to be launched in Q2 2021. A comprehensive roadmap for FUN Token's development has been released. Take a look. Altcoin Watch: ETH Hits $2,800, Altcoins Attract Attention Amid BTC Drop ETH | Ethereum $2,733 -1.66% SOL | Solana $43.03 -1.84% COMP | Compound $698.79 +4.21%  On 2nd May, ETH hit a new all-time high of $2,975 even as BTC struggled to reclaim $58,000. The rise was attributed to European Investment Bank (EIB) announcing a 'digital bond' sale on the Ethereum blockchain. It is a two-year, $121 million digital bond. The sale would be led by Goldman Sachs, Banco Santander, and Societe Generale. A note published by JP Morgan to investors stated that ETH outperforming BTC is down to improvements in liquidity and a higher turnover on the public Ethereum blockchain. Furthermore, analysts say that institutional investors are looking to diversify their portfolios and Ether is the natural next pick, which could be the reason for its consistent rise. Last week saw DeFi reawaken. Ethereum-based decentralized finance lending platform Compound's (COMP) token spiked 17% overnight to reach a new record high at $671. Injective Protocol (INJ) recently announced that it secured $10 million in funding from several investors for its DeFi protocol. INJ rallied from $15 and topped out at $25 last week. AAVE launched a liquidity mining program on April 27 as DeFi protocols look to maintain a foothold in the market. Last week, the token rose by 54% to $486 in just four days. Solana (SOL) price gained over 120% in the past two weeks and is trading at $43.43 at the time of writing. The Solana ecosystem continues to expand as new projects launch on the blockchain. Smart contract platform Fantom introduced a network upgrade called 'Go-Opera' which makes the network faster, more efficient, and more reliable. Subsequently, the platform's token FTM rallied by 52%. On 28th April, DOGE went up by 20% as Elon Musk tweeted that he would be hosting Saturday Night Live on 8th May. This was the latest in a series of Dogecoin PR stunts Elon Musk has perpetrated this year. Ripple Wants to Go Public After SEC Lawsuit  Yoshitaka Kitao, CEO of Japanese financial giant SBI Group, has said that Ripple still plans to go public as soon as it settles a legal action brought against it by the SEC. Ripple CEO Brad Garlinghouse and executive chairman Chris Larsen are reported to be interested in taking the firm public. SBI Group is the largest outside shareholder of Ripple and according to Kitao, SBI Group's investment in the firm would pay off following a potential public listing. Crypto News Weekly Roundup South America's Largest Online Marketplace Accepts Crypto Payments  On 28th April, Mercado Libre (MELI), the largest Latin American online marketplace, launched a real estate section dedicated to cryptocurrencies. Currently, the section includes houses, condos, vacant lots, land, and commercial real estate located in Buenos Aires, Santa Fe, and Cordoba. Mercado Libre has a presence in 18 Latin American countries and it is the second-largest company in South America. It is worth $81 billion. This development could spur mass adoption in South America. Two Crypto Firms Make Top 100 'Most Influential Companies' List  On 27th April, Time Magazine published its 2021 Top 100 Most Influential Companies list. And, in another win for crypto, two crypto firms made the list. Digital Currency Group, the parent company of asset manager Grayscale and crypto news platform CoinDesk was categorized as a disrupter while Coinbase was categorized as a Titan alongside the likes of Facebook, Alibaba, Walmart, Google, and Amazon. STAY TUNED FOR THE LATEST NEWS EVERY WEEK Keep an eye on your inbox for your weekly dose of cryptocurrency news, updates, trends, analysis, and more. 
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