There will be more than $5.5 billion worth of #Bitcoin short liquidations once $BTC hits $63,800.

✅ Crypto is stuck in limbo waiting for the next big price move, meanwhile, the long-awaited quarterly report from Nvidia pleases the bulls 📈

Day summary:

🔸  Nvidia reports $26 billion in revenue for Q1, 5.3% higher than expectations, also announces a ten-for-one stock split 💸

🔸 Biden's administration says it's eager to work with Congress to create a "balanced regulatory framework for digital assets"

🔸 Goldman Sachs CEO says he doesn't expect the Fed to cut interest rates this year

🔸 MetaMask could add Bitcoin support within the next month, though plans aren’t firm

🔸 Joe Biden announced his latest student loan forgiveness plan by canceling $7.7 billion in debts for 160k borrowers

🔸 It's Bitcoin Pizza Day! 14 years ago one man bought two large pizzas for 10,000 bitcoins 🍕

🔸 AllianceBernstein's analysts say ETH can rise to $6,600 if ETFs are approved

🔸 FTX Founder Sam Bankman-Fried is moving to the new prison in California

🔹 Prices:

🌐$BTC Bitcoin - $69,119 (↓0.5%)
🔹 $ETH Ethereum - $3,729 (↓0.2%)
📉 S&P 500 - 5,307 (↓0.27%)
💲 DXY - 104.92 (↑0.25%)
🌕 Gold - 2,378 (↓1.74%)

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Every day more and more #Bitcoin holders are generated! $BTC

#Bitcoin bull run incoming.. $BTC

Everyone celebrates #Bitcoin Pizza Day - even Rewards+ Astronaut! $BTC

Today is Bitcoin Pizza Day 🍕

14 years ago, in May 2010 Laszlo Hanyecz bought two large pizzas from Papa Johns for 10,000 bitcoins.

It was considered to be the first-ever purchase with Bitcoin. Today, those 10k bitcoins would be worth $701,000,000 😮‍💨

The transaction that started it all.

Happy #Bitcoin    Pizza Day! 🍕🙌 #Write2Earn!

JUST IN: Bitcoin $DOG (@LeonidasNFT) price surges +80% in the past 7 days as more exchanges are set to list the asset.

JUST IN: 🇺🇸 Billionaire Mark Cuban on the White House now wanting to work with Congress to develop a regulatory framework for digital assets.

"I think this is just the start of the shift." 👀 $BTC

Andrew Tate claims he's cashed in some of his Bitcoin holdings and invested the funds into GameStop following a new wave of hype. However, he can’t seem to decide on a figure. First he said he bought $50k, then $500k, then $6m 😅

Tether froze approximately 5.2 million USDT on 12 Ethereum addresses. SlowMist said that these may be money laundering addresses for phishing groups ❄️

CFTC issues order against crypto prime brokerage firm "Falcon Labs" for illegally providing US customers access to digital asset derivatives trading platforms ⚖️

Hong Kong’s Bitcoin and Ether ETFs posted the largest-ever net outflow of $39.3m, wiping all gains they’ve made since launching under two weeks ago 📉

🔹 Last 24 hours top 3 gainers:

Pepe - $0.0000104 (↑18.94%)
FLOKI - $0.000189 (↑9.90%)
Dogecoin - $0.149 (↑4.05%)
#ETFvsBTC

AN OLD BITCOIN WALLET FROM 2011 JUST MOVED OVER $30,000,000 WORTH OF $BTC . THE OWNER HODLED IT ALL THE WAY FROM $2 TO $61,000

NEW: State Representative, Keith Ammon, poses the question, “Should the State of New Hampshire investigate allocating a small percentage of its reserves into a Bitcoin ETF?” 👀 #ETFvsBTC

That's how many bitcoins you had to spend to buy one house in the US before and now 🏠

Meanwhile, 1 fiat dollar in 2016 is equivalent in purchasing power to about $1.30 today, an increase of $0.30 in 8 years 📉

There will be over $3,050,000,000 worth of #Bitcoin short liquidations if we hit $67,300! 🚀 #ETFvsBTC

🚨BREAKING🚨

PNC BANK, THE EIGHTH LARGEST IN THE U.S., HAS INVESTED $10 MILLION IN BITCOIN THROUGH SIX DIFFERENT ETFS, ACCORDING TO SEC FILINGS. #ETFvsBTC

The #Bitcoin    price is still compressing!

Whenever this breakout comes, we will see the next massive move. #ETFvsBTC

The Most Bullish Chart For Bitcoin And Crypto
 
The US money supply has started going up again.
 
More fiat printing means more devaluation of the dollar
 
More devaluation will lead to investors dumping their fiat and buying BTC, just like they did after C-19. #ETFvsBTC

JUST IN: 🇺🇸 US President Joe Biden Administration says Biden would veto legislation that would allow highly regulated financial firms to custody #Bitcoin    and crypto.

When co-founder of Three Arrows Capital Su Zhu was asked what he would do if he started in crypto today in search of the mythical 100x ❓

He said that he would look for one good coin and that "$10,000 is an amount you can afford to lose if you’re in the Western world because you’ll earn that back in salary" 🙄

Well, you can believe Su Zhu because he is a true expert in losing money. In 2022 his fund 3AC went bankrupt after having $10 billion in AUM at its peak 😄

COINSHARES: “We estimate the average purchase price of these ETFs since launch to be 🇺🇸 $62,200 per #Bitcoin   ; as the price fell 10% below that level, it may have triggered automatic sell orders.”