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Elon Musk - "I get asked a lot about aliens and I usually say I am one"
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📊 Safe witnessed an all-time high in most usage metrics in Q1’24. It's wallet product saw 1.6m monthly active accounts in Q1’24, up 181% QoQ and over 2.2m Safe smart accounts were newly created in Q1’24, up 124% QoQ. source - messari #Safe #Wallet #Accounts
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BTC WEEKLY CHART All you need to see is in the $BTC weekly chart. Wick sub 60k to take the local low. No candle closes below 63k Notice the differences between Nov 21 and March 24 (now) > Nov 2021, weekly candle closed below 60k and "insta" dumped > Now, 9 weeks above 60k. 0 closed below 60k. #bitcoin #BTC #BTCUpdate
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📊 Grayscale Bitcoin Trust (GBTC) Sees First Net Inflow Since Launch! 💼 For the first time since its January launch, the Grayscale Bitcoin Trust (GBTC), the largest Bitcoin ETF by assets, experienced a net inflow of $63 million on May 2nd, according to Farside Investors. GBTC has long been a popular option for Bitcoin investment without direct cryptocurrency purchase. However, it faced increased competition in January with the emergence of nine competing spot Bitcoin ETFs, leading to heightened investor outflows due to its relatively higher fees. Despite its recent struggles, GBTC still holds a significant $18.1 billion in assets, though decreased from over $26 billion previously. In contrast, IBIT, now ranked second, started from zero in January and currently holds $16.9 billion. SoSoValue reported that the Bitcoin spot ETF experienced a total net inflow of $378 million on May 3, marking the first net inflow after seven consecutive days of outflows. Additionally, GBTC witnessed a rare single-day inflow of $63.0112 million. In Hong Kong, the total net assets of three Bitcoin spot ETFs amount to approximately $250 million, with holdings of approximately 4,225 BTC. Ethereum spot ETFs in Hong Kong have approximately $48.52 million in total net assets, with holdings of around 16,000 ETH. However, despite these recent inflows, every ETF recorded outflows totaling $563.7 million by May 2nd, marking the largest losses since trading began in January. This decline has persisted for nearly two months, with funds experiencing approximately $6 billion in losses over the past four weeks, representing a 20% drop in assets under management. 📉 #GrayscaleBitcoinTrust #BitcoinETF #CryptoInvestment
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📊 Top 7 Token Unlocks of the Upcoming Week Aptos $APT - $102.91M Internet Computer $ICP - $43.02M Karate Combat $KARATE - $29.66M Masa $MASA - $27.80M GMT $GMT - $23.68M DAO Maker $DAO - $13.25M Oasys $OAS - $10.17M #cryptounlocking #tokenunlocking #TokenUnlocks
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📈 Michael Saylor Urges Warren Buffett to Consider Bitcoin Investment! 💡 Michael Saylor, MicroStrategy's founder and a vocal Bitcoin advocate, took to Twitter to suggest that Warren Buffett and Berkshire Hathaway explore investing in Bitcoin. This suggestion followed the recent Berkshire Hathaway shareholders meeting, the first without Charlie Munger, Buffett's longtime business partner. Buffett and Munger have been outspoken critics of Bitcoin, dubbing it 'rat poison squared.' However, Bitcoin's remarkable growth has surpassed Berkshire Hathaway's market cap, prompting Saylor to propose Bitcoin as a potential investment opportunity for the firm. Saylor's own company, MicroStrategy, has been steadily accumulating Bitcoin since August 2020. With holdings of 214,400 BTC valued at $13.22 billion, MicroStrategy's market cap has soared to $21.57 billion. Saylor's tweet suggests that Berkshire Hathaway could benefit from a similar investment strategy. Bitcoin's recent 7% recovery, reaching $63,190 from $59,000 in the last 24 hours, underscores the potential gains Berkshire Hathaway could achieve through Bitcoin investment. 🚀 #MichaelSaylor #WarrenBuffett #BitcoinInvestment #MicroStrategy
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