KEYTAKEAWAYS
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Gold hits $3,230/oz as investors rush to safe-haven assets amid growing global uncertainty and economic concerns.
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Curve founder locks all veCRV for 4 years to rebuild trust after recent CRV token sales.
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Binance Launchpool’s WCT pool attracts $13.4B, showing strong investor interest and BNB ecosystem strength.
CONTENT
GOLD PRICE HITS NEW HIGH
Spot gold touches $3,230/oz
Analysis:
Since breaking $3,120 on March 31, gold has risen over 3% in 10 days. This shows strong safe-haven demand as global economic uncertainty increases.
CURVE FOUNDER EXTENDS ALL veCRV LOCKUP TO 4 YEARS
On April 11, Curve founder Michael Egorov announced he’s extending the lockup period for all his veCRV holdings to 4 years.
Since March 24, he has sold 3.083 million CRV (worth $1.62 million) at an average price of $0.527.
Analysis:
The lockup move aims to restore community confidence and protect governance. The CRV sales were small and didn’t impact the price, but frequent selling hurt his reputation. Extending the lock may help rebuild trust.
OVER 18.25 MILLION BNB DEPOSITED IN NEW BINANCE LAUNCHPOOL
As of April 11, Binance Launchpool’s 67th project, WalletConnect (WCT), has received over 18.254 million BNB, 1.805 billion USDC, and 659 million FDUSD. Mining ends in just over 3 days.
Analysis:
The pool has attracted $13.4 billion in assets, showing Binance Launchpool’s strong appeal. BNB’s dominance highlights the ecosystem’s loyalty. WCT’s performance after listing will depend on community trust and DApp integration progress.
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