Bitcoin Crypto Signals

💰 Bitcoiner and author of the book Broken Money explains that in the long term, Bitcoin is correlated to measures of global liquidity rather than 🇺🇸 U.S. stocks “I view Bitcoin as not only a good performing asset, but one that is tied to global liquidity and is not necessarily correlated to other portfolio assets.” - Lyn Alden https://t.me/Bitcoin_Crypto_Signals

💰 Metaplanet Inc. purchases 1 billion yen worth of Bitcoin Metaplanet Inc. finalized its acquisition of 97.85 Bitcoins, amounting to a total purchase price of 1 billion Japanese yen. The investment and consulting company, listed on the Tokyo Stock Exchange, announced its purchase in a post on X on April 24. Metaplanet Inc. first announced its plans to purchase Bitcoin on April 8. The Japanese company revealed that the acquisition will total 1 billion Japanese yen, equivalent to approximately $6.25 million. Source https://t.me/Bitcoin_Crypto_Signals

💰 Strike CEO Predicts $1 Million BTC Amid COVID-Level Money Printing Bitcoin could be headed to $1 million after a tsunami of newly printed cash drives up all asset prices, according to Strike CEO Jack Mallers. The executive, whose payments app lets people remit fiat currency around the world on Bitcoin rails, said in a Friday interview that money printing will be required to bail out the U.S. bond market, which he claims is “in trouble for the first time in modern financial history.”According to Mallers, the U.S. government and the Federal Reserve have two options: either let the banking system fail, or print their way out of the mess. Source https://t.me/Bitcoin_Crypto_Signals

💰 ViaBTC's 'epic sat' from fourth Bitcoin halving block sells for 33.3 BTC ($2.13 million) An "epic sat"—an exceptionally rare satoshi, the smallest unit of bitcoin, from Bitcoin's fourth halving block—sold for over $2 million. This milestone not only signifies Bitcoin's fourth halving but also includes a block identified as an epic 'Rare Satoshi' by the Ordinals numbering system," CoinEx Global wrote on the satoshi's auction page, adding on social media, "This auction isn't just a bidding event; it marked the community recognition, media attention and widespread embrace of Bitcoin." Source https://t.me/Bitcoin_Crypto_Signals

💰 High Bitcoin fees push active addresses down to 3-year low Bitcoin network experienced a substantial shift. As the halving event reduced miner rewards, transaction fees skyrocketed to 1,257.71 BTC, marking the highest level since December 2017 and accounting for over 75% of miner revenue for the day. This spike in fees coincided with significant network congestion, particularly exacerbated by new protocols like Runes. Source https://t.me/Bitcoin_Crypto_Signals

💰 Bitcoin miner revenue holding steady following halving Perhaps the most significant moment of the past week was the bitcoin halving, which happened late in the day on Friday, April 19. As a reminder, the halving happens every 210,000 blocks, or roughly every four years, given that a block gets mined around every 10 minutes and decreases the reward for mining a bitcoin block by half, slowing bitcoin’s issuance. Source https://t.me/Bitcoin_Crypto_Signals

🇺🇸 US DOJ seeks 36-month sentence and $50 million fine for ex-Binance CEO Changpeng Zhao The US Department of Justice has recommended a 36-month prison sentence alongside a $50 million fine for the former CEO of Binance, Changpeng Zhao. In response, Zhao’s legal team contends that his incarceration would be unprecedented, citing no prior instances of imprisonment in similar cases. Instead, they proposed an alternative of probation, potentially with home confinement at his residence in Abu Dhabi. Source https://t.me/Bitcoin_Crypto_Signals

🪙 Standard Chartered reverses stance, now says 🇺🇸 SEC unlikely to approve spot Ethereum ETFs in May Standard Chartered Bank, previously optimistic, has now changed its stance on spot Ethereum exchange-traded funds, saying the U.S. Securities and Exchange Commission is unlikely to approve such funds in May. "We had previously expected the SEC to approve ETH ETFs on May 23," Geoffrey Kendrick, head of Standard Chartered Bank's forex and digital assets research, wrote in a report on Tuesday. Source https://t.me/Bitcoin_Crypto_Signals

💰 Spot bitcoin ETFs continue net inflows after a rough last pre-halving week After breaking a five-day streak of consecutive net outflows on Friday — when the foremost cryptocurrency's block rewards officially halved — spot bitcoin exchange-traded funds in the United States recorded another day of net inflows on Monday. The total net inflow for spot Bitcoin ETFs yesterday was just over $62 million, with the Fidelity Wise Origin Bitcoin Fund garnering the most significant single-day net inflow at $34.83 million, according to data from SoSoValue. Source https://t.me/Bitcoin_Crypto_Signals

💰 Bitcoin’s halving fails to stem $206 million outflows as investors shift to altcoins like Polkadot Crypto-related investment products saw their second consecutive week of outflows in April, with roughly $206 million leaving the market, per CoinShares‘ recent weekly report. Despite Bitcoin’s recent halving, which typically generates excitement in the market, investor interest in the leading digital asset remained subdued, evidenced by outflows totaling $192 million. Source https://t.me/Bitcoin_Crypto_Signals