🔥 BIG NEWS from Dennis Porter (Satosshi Act Fund)

Louisiana's House of Representatives 🇺🇸 passed a bill to Protect People's 'Bitcoin Fundamental Rights' (by a unanimous vote of 103-0)

Louisiana is taking decisive steps to protect freedom regarding Bitcoin activity in the state. When implemented, this law will ensure clear protections for:

🛡️ Right to buy Bitcoin
⛏️ Your right to freely mine Bitcoin
🏦 The right to self-manage your digital assets
🛜 Freedom to operate Bitcoin node

Many states do not want to take risks, such as Texas, Wyoming, etc. and have started to introduce bills to protect residents' rights related to bitcoin, in case the White House and Congress pass laws that do not good for the market.

#BTC🔥🔥🔥🔥

Someone bought 15519 BTC (~$1.1 billion USD) on CoinBase Prime and then withdrew it from the exchange 5 hours ago 👀

Source: martypartymusic#BTC🔥🔥🔥🔥

#SHIBA🔥 #bttc
In just 14 hours, transactions amounting to 1.4 trillion SHIB were recorded.
The transaction log shows a string of notable movements, especially from the hot wallets of major exchanges like Coinbase and Binance.
One transaction from the Coinbase hot wallet transferred 36.3 billion SHIB, worth approximately $1.03 million. The timing of these large-scale movements coincided with an explosive recovery in the Shiba Inu.
Currently, the Shiba Inu is moving in an uptrend, as suggested by the movement above the key moving averages.
The reasons behind whale movements can be diverse. Some investors may reallocate their portfolios in anticipation of potential market events or news that could affect SHIB's valuation. Others may take profits after the recent price rally or redistribute assets to diversify their strategies. Large movements can also be preparatory, setting the stage for greater market volatility.
#SHIBA🔥

According to Wu Blockchain: Chinese livestreaming company Inkeverse, listed in Hong Kong, announced on March 26 that its board of directors approved a $100 million budget to buy crypto on exchanges regulated and licensed.

The company will use existing cash funds to fund crypto purchases over the next five years, with purchases flexible based on market conditions. from the time of notification.

Google has indexed Bitcoin wallet addresses, which means you can google Bitcoin wallet addresses directly.

Image from: Bitcoin Magazine#BTC🔥🔥🔥🔥

BlackRock's asset tokenization fund (BUIDL) built on #ETH Ethereum's network already has assets of about $160 million, second only to Franklin's fund.

This fund is currently tokenizing bonds 🇺🇸

There are currently $876 million USD in tokenized bonds, nearly $1 billion USD

The funding represents 20% of Optimism's total seed supply and will be delivered over four rounds, starting in May until the end of 2024, to support developers and projects from a variety of sectors in Optimism's ecosystem.

This grant program is part of the Retroactive Public Goods Funding (RPGF) initiative, whose goal is to reward significant contributions to the development of Optimism. Encourage innovation and broad participation, towards a sustainable future for blockchain and crypto.
#Optimism's

🔥 Today's court documents confirm that Ripple's main source of revenue is from selling XRP... 😭

"The financial report also confirms that revenue from XRP sales still accounted for nearly all of Ripple's total revenue throughout 2023."$XRP

Gold mining company Nilam shares increased +1509% today after announcing its intention to buy 100% of the shares of a company established to hold 24,800 Bitcoin (about 1.7 billion USD)
$BTC

The most interesting thing in the story of Kucoin being criminally sued is that the CFTC (Commodity Futures Trading Commission) took this opportunity to declare war on the SEC and said in the lawsuit that Ethereum is a commodity ⚔️... content war has begun.

Bloomberg - Eric Balchunas: Hong Kong 🇭🇰 will allow an in-kind model for the Bitcoin Spot ETF in the second quarter, which could help stimulate capital attraction and trading volume.

Just like in the UK, Hong Kong will launch a Bitcoin ETF. The in-kind model means they allow intermediary companies to hold Bitcoin instead of the SEC only allowing issuers (like BlackRock) to hold Bitcoin in the US (cash only).