Bybit Launchpool for 100,000,000 ZORA & Bitcoin Market Analysis
Bybit has unveiled a new Launchpool featuring a total reward pool of 100,000,000 ZORA. Participants can earn ZORA tokens by staking one of three assets.
How to Participate: Pools and Requirements
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ZORA Pool
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Total Rewards: 20,000,000 ZORA
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Minimum Stake: 5,000 ZORA
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Maximum Stake: 250,000 ZORA
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MNT Pool
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Total Rewards: 30,000,000 ZORA
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Minimum Stake: 100 MNT
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Maximum Stake: 10,000 MNT
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USDT Pool
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Total Rewards: 50,000,000 ZORA
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Minimum Stake: 100 USDT
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Maximum Stake: 2,000 USDT
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VIP users will enjoy bonus APR rates—see the event page for details.
Additionally, Zora has released an SDK enabling developers to monetize creative content on-chain, further boosting ecosystem demand.
Glassnode & CryptoQuant: Bitcoin’s Independent Trajectory
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Over the past week, Bitcoin rose 10.2%, while its correlation with traditional markets weakened:
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S&P 500 correlation fell from 0.88 to 0.77
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Nasdaq Composite correlation dropped from 0.91 to 0.83
Simultaneously, its negative correlation with gold eased from –0.62 to –0.31, marking BTC’s emergence as a standalone safe-haven asset.
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Whale Accumulation: Addresses holding over 10,000 BTC show an accumulation score of ~0.9; 1,000–10,000 BTC holders are at ~0.7, and 100–1,000 BTC addresses have turned positive at ~0.5—indicating large-scale buying.
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The 100-day moving average reveals the highest outflow of BTC from exchanges since February 2023, a classic precursor to renewed accumulation.
Russia’s Crypto-as-Property Bill
The Russian government has submitted a draft law to the State Duma to recognize digital currency as property under the Criminal and Criminal Procedure Codes. Previously, crypto was classified as property only for anti–money-laundering purposes; the new bill would enable law enforcement to swiftly seize and present crypto as physical evidence.
TON Foundation Appoints New CEO
The TON Foundation has named Maximilian Krawczn, co-founder of MoonPay, as its new CEO. Krawczn brings extensive experience as MoonPay’s CFO and COO, maintains board ties there, and is well-connected with banks, payment firms, and regulators.
News
Bitcoin Enters Price Discovery as Whale Trades and Macro Signals Roar
Bitcoin hits new all-time highs eyeing $116K–$148K levels, a 40× whale long nets $40M, Fed’s $50B self-buy sparks hyperinflation warnings, and analysts see BTC at $120K+ soon.
Whale Opens $830 M 40× BTC Long; Hayes & Novogratz Issue Bold Crypto Forecasts; Key Legislative and Tech Updates
A BTC whale takes a $830 M 40× long, Bitcoin logs six consecutive green weeks, the GENIUS Act advances in the Senate, and Arthur Hayes predicts ETH at $10K–$15K as Solana’s Alpenglow upgrade nears.
GENIUS Act Advances in Senate as Crypto Markets Rally on Regulatory Clarity and Network Milestones
The GENIUS Act moves to full Senate debate ahead of Memorial Day, while Bitcoin and altcoins benefit from reduced exchange reserves, protocol upgrades, and bullish forecasts from industry leaders.
Bitcoin Closes at $106,500, Dollar Falls After Moody’s Downgrade, and Hayes & Novogratz Forecast Crypto’s Next Moves
Bitcoin hit a record weekly close of $106,500; the dollar slid to 100.85 after Moody’s downgrade; Arthur Hayes forecasts a summer altseason and $250K BTC, Michael Novogratz sees a $22 trillion crypto market.
Key Crypto and Market Updates: Arrests, Network Milestones, and DeFi Developments
Ex-Binance exec arrested for $15M fraud; Avalanche hits 1.95M active addresses; over 1M ETH withdrawn from exchanges; Fusaka devnet on May 26; MetaMask adds Solana; consumer sentiment at 43-year low.
