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Bitcoin💸 has a larger market cap than the top 3 banks in the world, combined: • Bitcoin: $1.37 trillion • JPMorgan Chase: $574 billion • Bank of America: $311 billion • IC Bank of China: $268 billion ✅ Crypto Insights 📊💰🔹

💡💡💡: Standard Chartered Bank says Bitcoin will reach $150,000 if Donald Trump wins the presidential election. ✅ Crypto Insights 📊💰🔹

💸 ETH will not be sold Following the adoption of the Ethereum spot ETF, there were 800k ETH outflows from exchanges. It is likely that institutions that were preparing for adoption could have been part of this outflow 🤔 ✅ Crypto Insights 📊💰🔹

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📁 Equity options volume in 🇮🇳 India has nearly hit $40 billion, absolutely destroying the United States and the rest of the world ✅ Crypto Insights 📊💰🔹

🥇 Bitcoin and a handful of altcoins were down around 7%-10% over the last 24 hours. Here are several factors: 1. Several macro data is being released this week and had investors spooked. Particularly, there is a declining probability of US interest rate cuts this month, and rumors of possible rate hike considerations 2. Over the last 24 hours, 115,804 traders were liquidated for a whopping $387.91m. 3. US Spot BTC ETFs saw an outflow of $161m yesterday 4. Hong Kong’s Bitcoin and Ether ETFs failed to meet expectations 5. RSI divergence indicators suggest a bearish trend, as it was in the "overbought" area during the US BTC ETFs launch 6. More BTC miners approach shutdown levels amid price drop below $57,000 It is important to note that during the 2015-2017 bull market, over 13 different 20% pullbacks occured. Price swings are quite normal and sometimes good for the markets. ✅ Crypto Insights 📊💰🔹

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🟢 Tether's Q1 2024 report details significant financial growth and increased transparency: ⚫A record Q1 net profit of $4.52bn, mainly from US Treasury holdings and gains in Bitcoin and Gold ⚫For the first time, Tether disclosed a net equity of $11.37bn, showcasing enhanced transparency ⚫90% of Tether-issued tokens are backed by cash and cash equivalents, ensuring robust liquidity ⚫Its strategic investments exceed $5bn in areas like AI and renewable energy ✅ Crypto Insights 📊💰🔹

🟢 Tether's Q1 2024 report details significant financial growth and increased transparency: ⚫A record Q1 net profit of $4.52bn, mainly from US Treasury holdings and gains in Bitcoin and Gold ⚫For the first time, Tether disclosed a net equity of $11.37bn, showcasing enhanced transparency ⚫90% of Tether-issued tokens are backed by cash and cash equivalents, ensuring robust liquidity ⚫Its strategic investments exceed $5bn in areas like AI and renewable energy 🤝 @Cryptocurrency_Inside ✅