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Let's review yesterday's news: 1️⃣ The Bitcoin network processed over 1 billion transactions — over the 5603 days of the network's existence, the first cryptocurrency averaged 178,475 transactions per day. 2️⃣ A wallet that had been inactive for over 10 years woke up and transferred all 687 BTC ($43.9 million) to another address. 3️⃣ A guy created a token named "Hands" — while holding a sign against his body with the inscription "no hands, can't rug pull." But at the peak, he revealed his hands from behind his back and sold his tokens. 4️⃣ US authorities arrested the heir to the Cartier brand for money laundering proceeds from drug trafficking using USDT. 5️⃣ Exactly 10 years ago, Charlie Munger, Warren Buffett's closest associate, called Bitcoin rat poison — when the price of BTC was $425. 6️⃣ MicroStrategy's Michael Saylor now owns more BTC than any country in the world — 214,400 BTC worth $14 billion. 7️⃣ On May 3, the daily income of #Bitcoin miners dropped to 437.28 #BTC ($28.4 million) — marking a new low since the end of June 2021, when the figure dropped to 388.6 BTC. $BTC

Let's review yesterday's news:

1️⃣ The Bitcoin network processed over 1 billion transactions — over the 5603 days of the network's existence, the first cryptocurrency averaged 178,475 transactions per day.

2️⃣ A wallet that had been inactive for over 10 years woke up and transferred all 687 BTC ($43.9 million) to another address.

3️⃣ A guy created a token named "Hands" — while holding a sign against his body with the inscription "no hands, can't rug pull." But at the peak, he revealed his hands from behind his back and sold his tokens.

4️⃣ US authorities arrested the heir to the Cartier brand for money laundering proceeds from drug trafficking using USDT.

5️⃣ Exactly 10 years ago, Charlie Munger, Warren Buffett's closest associate, called Bitcoin rat poison — when the price of BTC was $425.

6️⃣ MicroStrategy's Michael Saylor now owns more BTC than any country in the world — 214,400 BTC worth $14 billion.

7️⃣ On May 3, the daily income of #Bitcoin miners dropped to 437.28 #BTC ($28.4 million) — marking a new low since the end of June 2021, when the figure dropped to 388.6 BTC.

$BTC

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Here are some thoughts on the U.S. markets and the potential scenario following a change in power if Republicans win this year. In simple terms, without delving into macroeconomics and other complex processes: It's evident that under Biden's policies, the economy suffers, sinking deeper towards a point of no return, with most indicators showing suboptimal performance. Let's focus solely on how this might affect cryptocurrency. By "Biden," we refer to the Democratic Party of the United States, which dictates most amendments and the primary agenda within the country. Regarding the economy and cryptocurrency regulation, Gary Gensler, the head of the SEC, a Democrat, has been trying to stifle cryptocurrency throughout Biden's term. His departure would likely signal the appointment of someone loyal to Republicans. Republicans and Trump, in general, hold positive views towards cryptocurrency. However, beneath this positivity lies negativity, particularly in terms of the economy. Let's try to outline a chain of events: Under Democrats, the economy is not in the best shape, with some sectors even faring poorly. When Trump wins, he'll inherit this mess, essentially taking it on his shoulders. This will require some serious maneuvering, along with the replacement of key specialists who are currently comfortably situated or even harming the economy while benefiting from supporting the Democrats. Following the government reshuffle, there will be chaos in crucial economic sectors, possibly leading to short-term stagnation, if not a flash crash. These thoughts are loosely tied to the charts. In my view, such issues could be avoided with a smoother transition away from the Democrats, a reduction in key rates, and perhaps engaging the printing press. Overall, I'm feeling positive, the market is neutral, and the elections are being approached with maximum aggression. #ETFvsBTC #BTC #binance $BTC $BNB $SOL
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