In this video, Muqaddas Butt discusses the latest crypto news updates and market analysis. He talks about the recent panic in the ETF market in the US, with record outflows from Black Rock and Fidelity. He provides a technical analysis of BTC, suggesting that the market may not have reached its peak yet. He also discusses the potential impact of the US Treasury’s buyback plan on the market and predicts possible liquidity influx in May and June.
Butt also shares updates on the Runes market, including the conversion of diamond tokens to Magic Eden tokens. He mentions developments in the crypto market, such as restaking moving from Ethereum to Solana, and the launch of a new decentralized identifier market. He provides information on Airdrops, including updates from Tether and various projects like Raya Labs and Layer Zero.
Overall, Butt’s video covers a wide range of topics related to the crypto market, providing insights and updates for viewers to stay informed.