This week, BTC and ETH are back at levels we haven’t seen for almost a year. The team provides some detail on the rally in BTC, and offers a technical analysis and outline of where we could go from here. They also discuss how ETH has outperformed most of the rest of the market ahead of the widely anticipated Shapella upgrade around 5:27pm ET (10:27pm UTC) on April 12. You can view a network overview including the activation and exit queues here - https://www.rated.network/overview

In the macro update, the team shares their insights on the upcoming CPI print and the increasing rates volatility. We think the risk of recession is not currently being reflected properly by the equity markets.

On the NFT front, the team discusses the Opensea Pro launch and the battle with Blur for market share. Finally, in our DeFi update, we cover the recent SushiSwap exploit, an update on zkEVM, and the Euler situation.