Giant #Bitcoin halving countdown clock spotted in a major city in Thailand 🔥

NEW: “Post halving, it is also likely that some #Bitcoin
⛏️ miners may look to diversify into low energy cost regions such as Latin America or Africa to deploy their inefficient mining rigs to gain salvage values from those rigs which would otherwise sit idle,” says JPMorgan.

NEW: Riot announces they are turning on the world’s largest known #Bitcoin    mine in Corsicana, Texas which has regulatory approval for 1 GW of load 👀🙌

Stock market: Up or Down? 🤔

Historically, since 1950, when the S&P 500 is positive for a full year, the following year tends to be bullish, with a median return of 9.5%

So if you believe history repeats itself: Up 📈

The New York Times says the "countdown is on" for the #Bitcoin halving.

Bullish.

While the bulls are struggling at the $61,000 level on-chain data show that the big whales haven't even started to accumulate again yet, although the last 2 times big buys from them have been around this price level 🐳

The total net outflow of Bitcoin spot ETFs yesterday was $165 million. Grayscale ETF GBTC had a net outflow of $133 million and even the BlackRock ETF IBIT had a net inflow of about $18.09 million 💸

Binance announced that it has converted all Secure Asset Fund for Users to USDC to enhance stability. Currently, the SAFU address holds 1 billion USDC 🏪

Binance is preparing to return to India after it will pay a fine of approximately $2 million. Binance will return as an entity registered with the Treasury Department’s Financial Intelligence Unit and comply with all applicable laws 🇮🇳

🔹 Last 24 hours top 3 gainers:

Injective - $26.48 (↑6.10%)
dYdX - $2.18 (↑5.09%)
NEAR Protocol - $5.68 (↑5.31%)

Market “Underestimates” Halving’s Impact: Bitwise Report

@BitwiseInvest highlights that in the month immediately following past halvings, bitcoin prices experienced modest drops. However, the subsequent year saw exponential growth.

ETHEREUM CYCLE UPDATE 🚨 
 
2016-2018
 
- Pumped 22000% from its cycle bottom, followed by a 94% drop.
 
2020-2022
 
- Pumped 5400% (1/4th of previous cycle) from its cycle bottom, followed by an 82% drop.
 
2024-2026
 
- Ethereum's this cycle bottom was at $880
 
- If ETH follows the previous cycle, it would pump 1350% (1/4th of the previous cycle) 
 
- This would put the ETH price at $12,700
 
Every dip is a buying opportunity now, as you can't imagine what's about to come.

Good morning!

#Bitcoin    reclaimed the range lows & now tests them again.

Bears keep trying to break below $60,000 - without much success.

The fight goes on.

NEW: After yesterday’s -$110 million outflow, GBTC is now close to having lost half their #Bitcoin    holdings since the launch of the ETFs 👀😮

Which halving will come first, GBTC holdings or #BTC    block subsidy? 🤔

JUST IN: The largest #Bitcoin    mining pool by hashrate, Foundry, informs the members of their pool that if they find the halving block, the pool will "isolate the epic sat" (the first sat of the halving block) to sell for "outsized market value" 🤦‍♂️

Grayscale’s GBTC Loses Half of Bitcoin Holdings Within Just 3 Months

Despite the decline from 619K BTC to 311K BTC, Grayscale’s AUM have experienced a less severe drop, decreasing by 31% from $28.7 billion on January 11 to $19.8 billion at present bitcoin prices

The day begins with a loss of the key $3,000 level on Ethereum. It looks like the relative strength of ETH was temporary and it is underperforming BTC again 📉

Omni Network announced that claims for $OMNI airdrop claiming is live, the token is trading at $30, check if you are eligible here 🪂

Investment banking giant Goldman Sachs cautioned its clients from reading too much into the past halving cycles for BTC price predictions 👀

The Cyprus Securities and Exchange Commission has extended the suspension of FTX Europe’s license, prohibiting the firm from offering services until September 2024 ⚖️

🔹 Last 24 hours top 3 gainers:

Sui - $1.25 (↑7.68%)
Bitget Token - $1.24 (↑5.10%)
Chiliz - $0.108 (↑4.45%)

Charts are looking grim, but it's always the darkest before dawn.

This is especially true in a bull market.

Sticking to my long-term plan, until proven wrong.

Dips are part of the game.

#Bitcoin   

BREAKING: 🇺🇸 World’s largest #Bitcoin    ATM network partnered with the fastest-growing grocery chain, Fareway.

Plans to deploy over 60 #Bitcoin    ATMs👏

Taxi prices in Dubai are too high these days 🚕

✅ Bitcoin’s halving is almost here, and BTC is still trading very close to the local bottom while many alts got another drop today 📉

Day summary:

🔸 This month alone, Saylor has sold over $70 million worth of MicroStrategy stock, while in March he sold $144 million

🔸 Canada's new law imposing a 66% tax on capital gains over C$250,000, an increase from the current 50% 😵

🔸 TOKEN2049 сrypto conference postponed due to flooding in Dubai

🔸 Project Parcl published a claim checker for the initial community allocation of PRCL

🔸 OKX announced that its X Layer blockchain has entered the public mainnet ⛓

🔸 The analyst who predicted BTC bottom in Nov. 2022 and the recent surge has turned bearish

🔸 Take-Two, the publisher behind the Grand Theft Auto series, is firing roughly 5% of its employees to cut costs

🔹 Prices:

🌐 Bitcoin - $63,722 (↑0.7%)
🔹 Ethereum - $3,083 (↓1%)
📉 S&P 500 – 5,051 (↓0.21%)
💲 DXY – 106.37 (↑0.15%)
🌕 Gold - $2,384 (↑0.07%)

NEW: 🐳 Whales acquire 3K #BTC    (💵 $198M), less compared to after the March 20th dip (80K #BTC   ), possibly expecting a deeper price slide.

This aligns with #Bitcoin   's price fall last week amid broader market risk aversion.

John D. Rockefeller once said: "The way to make money is to buy when blood is running in the streets." And sometimes you have to take those words literally 🩸

The chart above shows that after many wars and international conflicts started, the markets crashed and from a profit perspective it was a great time to stock up 🛒

It seems that yesterday was not an exception, the market was shaken, but prices are starting to recover.

Did you buy at the bottom? 👇

One trader shared his story on Twitter: He went all-in long on meme coin PEPE with 3x leverage 🐮

After yesterday's sudden market drop, his position was liquidated and he lost 100% of his capital, that's over $1.1 million ⚰️

Such stories help to remember how people blinded by greed in a bull market sometimes make completely insane trades.

Learn from others. You don't need to lose $1 million to understand that putting 100% of your portfolio in one leveraged trade is very irresponsible 🤦‍♀️