Bitcoin Tapping Into $84,000,000,000,000 Market, BTC Adoption Now Overwhelming: Billionaire Mike Novogratz.

Galaxy Digital chief executive Mike Novogratz believes that Bitcoin now has access to an $84 trillion market following the approval of BTC spot market exchange-traded funds.
Speaking at the Bitcoin Investor Day event in New York, the billionaire says BTC is witnessing a dramatic increase in adoption with the launch of the ETFs.
He also says that ETF salesmen will have no problem selling Bitcoin to participants of the $84 trillion market due to the mountain of debt accumulated by the US government.
“Right now, adoption is way overwhelming because we’ve just tapped into [a new market]. So here are the numbers: there’s $84 trillion of wealth – trillion – owned by US baby boomers. Baby boomers are broadly 60 to 80 years old…
They broadly invest through registered investment advisors. You call your broker at Dean Witter or Morgan Stanley or AJ Edwards and say, ‘Hey, what’s my portfolio? Put a little bit here.’ That is the ETF process and it has just started.
And so early, big adoption, a lot of the smaller platform regional brokers have been buying, but a lot of the big platforms like Morgan Stanley, they’re still not selling yet. They are going to, they’re getting prepared to. You can buy it on their platform but their salesmen aren’t selling it.
One thing I’ve learned about Bitcoin: it’s always sold, it’s not bought. Somebody sits down and explains it to you.
What’s the macro story of Bitcoin? It’s relatively simple: our government can’t keep its pants on and is spending too much money. When you spend more money than you take in, you depreciate your currency.”
At time of writing, the US national debt is sitting at $34.578 trillion.
#BTC #bitcoin #Write2Earn

1,000 Billionaires Begin $5,200,000,000,000 Transfer of Wealth – And the ‘Heirs To Billionaires’ Have Their Own Ambitions: Report

An astonishing and historic transfer of wealth among the world’s super rich is accelerating, according to a new report.
More than 1,000 billionaires are moving an estimated $5.2 trillion to their brethren at an increasing pace, says Swiss banking giant UBS in its latest “Billionaire Ambitions” report.

link:https://dailyhodl.com/2024/03/31/1000-billionaires-begin-5200000000000-transfer-of-wealth-and-the-heirs-to-billionaires-have-their-own-ambitions-report/

Bitcoin price edges toward Q2 at $70K with all-time highs a key focus
Bitcoin needs to retain $69,000 into the multiple BTC price candle closes this weekend, says analysis.
Data from Cointelegraph Markets Pro and TradingView showed old all-time highs at $69,000 forming tentative BTC price support into the weekend.
Bitcoin gained around $1,000 in the latter part of the day, seemingly aided by comments from Jerome Powell, Chair of the United States Federal Reserve.
Speaking in an interview at the Macroeconomics and Monetary Policy Conference in San Francisco, California, Powell appeared cool on both inflation and the economic outlook.
The Fed, he stressed, was not in a hurry to enact Interest rate cuts — a key event for risk assets.
“Growth is strong right now, the labor market is strong right now and inflation has been coming down,” he said.

BlackRock CEO Shocked by Explosive Growth of Bitcoin ETFs Amid Overseeing $10T
In a recent interview on FOX Business, BlackRock CEO Larry Fink expressed astonishment at the remarkable surge in Bitcoin spot exchange-traded funds (ETFs), particularly those managed by his firm. With BlackRock overseeing $10 trillion, Fink’s admission of surprise underscores the unprecedented feat of Bitcoin’s ascent in the U.S. crypto ETF market.
“I am very bullish on the long-term viability of Bitcoin,” Fink declared, acknowledging the cryptocurrency’s recent milestone of hitting a record-breaking high of $72,850. Reflecting on the market’s rapid growth, he remarked

link:https://coinedition.com/blackrock-ceo-shocked-by-explosive-growth-of-bitcoin-etfs-amid-overseeing-10t/

Bitcoin (BTC) Price Still Shaky at $70K, Solana (SOL) Nears $200 (Weekend Watch)
link:https://cryptopotato.com/bitcoin-btc-price-still-shaky-at-70k-solana-sol-nears-200-weekend-watch/
#BTC #Solana🚀 #Write2Earn

MIXED REACTIONS: GOOGLE’S MOVE INTO CRYPTOCURRENCY MONITORING
link:https://www.cryptopolitan.com/googles-move-into-cryptocurrency-monitoring/
#Binance #BTC #bitcoin #Write2Earn

PEPE TF 4H Retest to 0,00001
#pepepumping #BTC #Write2Earn

Riding the Bitcoin Bull: Grayscale’s Insights on the Current Crypto Cycle
Link:https://www.cryptoglobe.com/latest/2024/03/riding-the-bitcoin-bull-grayscales-insights-on-the-current-crypto-cycle/
#BTC #bitcoin #Write2Earn‬

Crypto Analyst Predicts 600%-1000% Return For XRP, Here’s The Target
link:https://www.newsbtc.com/analysis/xrp/600-1000-return-for-xrp/
#BTC #XRP🚀 #Write2Earn

April Will Be a ‘Very Interesting Month’ for Bitcoin and Crypto, Says Benjamin Cowen – Here’s What He Means

Analyst Benjamin Cowen is putting out his forecast for Bitcoin (BTC) and the crypto market over the coming month.
Cowen tells his 796,000 YouTube subscribers in a new video that he thinks “April is going to be a very interesting month” for the crypto industry.
“I expect a ton of volatility in April especially as alt/Bitcoin pairs are starting to roll over, especially as Bitcoin dominance is potentially starting to break out.”
Bitcoin is trading at $70,083 at time of writing.
According to Cowen, the sentiment in the market will turn bearish if Bitcoin dominance (BTC.D), which measures Bitcoin’s share of the crypto markets, rises by a little over five percentage points from the current level.
In a bearish environment, a rising BTC.D suggests that altcoins are losing value faster than Bitcoin.
“We are getting pretty close. The range here that we’re looking at is 55.3%. So above 55.3%, that could be the warning sign. That could be the risk-off signal for the summer. And that’s what I would be looking at going into the summer months.”
The Bitcoin dominance level is at 49.6% at time of writing.
The widely followed analyst says that whether Bitcoin peaks early during this cycle (left-translated peak) or peaks more than a year after the halving (normal cycle peak), will likely be determined by US monetary policy.
#BTC #Write2Earn #halving2024

Crypto hacking losses decline in Q1 2024 — Immunefi

The cryptocurrency industry saw a 23% decline in losses due to hacking and scams in the first quarter of 2024 compared to 2023, according to a March 28 research report by blockchain security firm Immunefi.
According to the report, the total amount lost to hacking and fraud incidents in Q1 of 2024 amounted to approximately $336.3 million, down from $437.5 million in the same quarter of 2023.
The report identifies 46 hacking incidents and 15 cases of fraudulent activities.

With nearly $100 billion of total value locked in Web3 protocols, decentralized finance (DeFi) platforms remain a significant target for hackers, accounting for all of the exploits identified by Immunefi in Q1, compared to zero for centralized finance platforms. #Binance #BTC #NFPrompt #Ethereum #Write2Earn

link:https://cointelegraph.com/news/crypto-hacking-incidents-decline-in-q1-2024-immunefi

5 CRYPTO COINS YOU MUST BUY BEFORE BITCOIN EXPLODES TO $150K.
With the Bitcoin halving event on the horizon, forecasts are swirling around the possibility of Bitcoin reaching a staggering $150,000. The crypto community is perched on the edge of anticipation, watching for the start of a monumental bull run. In the midst of this excitement, several cryptocurrencies are emerging as likely beneficiaries of Bitcoin’s predicted rally. These standout coins, expected to thrive alongside Bitcoin’s surge, are drawing keen interest as the market anticipates heating up.
link:https://www.cryptopolitan.com/5-crypto-coins-you-must-buy-before-bitcoin-explodes-to-150k/
#BTC #CryptoNews🚀🔥 #Binance #Write2Earn

Bitwise CEO Predicts $11 Billion Drop In Bitcoin Supply Post Halving.
Over the last week, Bitcoin (BTC)  investors enjoyed much profit as the crypto asset gained 9.34% to trade above $71,000 based on data from CoinMarketCap. Currently, most of the BTC market is highly expectant of the potential large price gains that the current bull cycle could present. 
However, commenting on the immediate future, Bitwise CEO Hunter Horsley has stated that the upcoming halving event – a key part of the bull cycle – could be the most significant in Bitcoin’s trading history as a result of an impending massive decline in the token’s supply.#BTC #halving #Write2Earn

Bitcoin ETFs Rebound With $854 Million in Investments in One Week
Investors are again putting cash into Bitcoin exchange-traded funds (ETFs) after a cool off last week. On Thursday, for the third consecutive day in a row, more than $100 million entered the popular new funds.

The week got off to a slow start with only $1 million entering the funds on Monday. But things quickly picked up the next day with inflows of $418 million. Wednesday brought $243.4 million in inflows, and another $183 million was invested yesterday.
#Binance #BTC #Write2Earn

Bitcoin Will Rocket To $150,000 By 2025, Veteran Hedge Fund Manager Predicts.

Bitcoin’s (BTC) price has increased astronomically in recent months to hit as high as $73,737 on March 14, 2024. Despite this phenomenal growth, is there room for BTC to hit six figures from its current trading price? 
Mark Yusko, the founder and CEO of Morgan Creek Capital Management, thinks it is possible. Yusko recently postulated that Bitcoin’s next market cycle could see the premier crypto trade for $150,000 by 2025 as the upcoming halving event could add to the ETF tailwinds for the asset.
#Binance #BTC #Write2Earn

Crypto expert Rekt Capital has suggested that Shiba Inu (SHIB) could follow a similar trajectory to its move back in 2021. If so, this sets up the crypto token for a parabolic move that could see it hit its all-time high (ATH) and even surpass it. 

link:https://www.newsbtc.com/shiba-inu/shiba-inu-price-mirrors-2021/
#Binance #BTC #SHIBA✅🚀

$7.4 Million of Craig Wright's Assets Frozen Following Bitcoin Creator Trial
Link:https://decrypt.co/224122/bitcoin-creator-trial-craig-wright-freeze-assets-copa
#BTC #Binance #Write2Earn

Ethereum enters the weekend on top of NFT market with over US$11 million in daily salesEthereum tops the NFT market as Bitcoin crawls to the US$3 billion mark .

Ethereum NFT sales rose 5.21% to US$11 million on Friday to lead the market while Bitcoin, Thursday’s top network, had a 16% slump.
Bitcoin ranked second on Friday with US$10.21 million in total sales.
Despite the drop in sales, Bitcoin is expected to surpass US$3 billion in total sales this week. The network is less than US$700,000 away from the milestone.
Solana, ranked third, experienced a 21.58% sales drop to US$5.30 billion.

Solana had two projects, Mad Lads and Froganas, in the top 10 collection rankings on Friday, with both projects recording under US$1 million.
This is the first day of the week that did not have a Solana project among the top three collections.
Mythos, fourth in the ranking, showed a positive trend with a 10.71% increase in sales, reaching US$1.08 million in the last 24 hours.
Most of Mythos sales came from the DMarket collection, which represents in-game NFTs and virtual items in its network, which had the third-highest collection sales on Friday with US$1.06 million.
#Binance #BTC #Ethereum #Write2Earn

Bitcoin Cash Up 55%: What’s Behind Unlikely Comeback?
Read more on DailyCoin: https://dailycoin.com/bitcoin-cash-up-55-whats-behind-unlikely-comeback/?utm_source=cryptopanic&utm_medium=rss
#BTC #BCH #Write2Earn

Why Solana ($SOL ) Could Be the Next Big Crypto Breakout: Insights From a Prominent Crypto Analyst

link:https://www.cryptoglobe.com/latest/2024/03/why-solana-sol-could-be-the-next-big-crypto-breakout-insights-from-a-prominent-crypto-analyst/
#Binance #BTC #SOL🔥🔥🔥🔥