BREAKING: Founders of Samourai Wallet have been arrested and charged with running an unlicensed money transmitting business that executed over $2 billion in "unlawful transactions" 👀😮

#Binance #USDT #Wallet

JUST IN: 🇺🇸 President Biden proposes a 44.6% capital gains tax, the highest in history.

The proposal also includes a 25% tax on unrealized gains for high-net-worth individuals.

@Binance News #Binance #bitcoin

💰 Solana DeFi TVL increased by 232% QoQ to $4.9 billion, ranking it fourth among networks.

Lending and yield protocol Kamino jumped from Solana’s fourth largest to the top DeFi protocol by TVL. Its lending protocol ended the quarter with almost $1.3B in TVL, an 811% QoQ increase — link

#Binance #bitcoin #BTC #SOL🔥🔥🔥🔥

🐝 BTC UPDATE

👉🏻The last Bitcoin Update was published 9 days ago, but tbh nothing has seriously changed over this time.

👉🏻There is a small LONG setup formed on the chart — the price broke through the $66,200 and descending resistances, consolidating above them.

👉🏻I personally won't take it, I already hold more Bitcoin on spot than I initially wanted. Those dips made me buy.

👉🏻However, if you feel you don't hold enough #BTC — feel free to try it. Targets are on the chart.

💰 $BTC Almost 2 Months of Ranging so far💁‍♂️

Market is mostly asleep, good for accumulating favorite #altcoins for the long-term😉

❗️I would recommend quit the short-term trading in this market

#BTC #Bitcoin #CryptoPM

🔔 Tesla did not buy or sell any Bitcoin in Q1 2024

◾️Tesla did not buy or sell any of its Bitcoin, according to its Q1 2024 report and currently holds 9,720 BTC.

#bitcoin #Binance #Tesla

Exciting developments emerge from 🇧🇷 Brazil! 🇧🇷 Nubank, the nation's premier digital banking institution, announces a groundbreaking initiative:

👉🏻the integration of Bitcoin withdrawal capabilities for its customers.

👉🏻This strategic move marks a significant milestone in the mainstream acceptance of cryptocurrency, highlighting its evolving role in the financial landscape.

👉🏻For those unfamiliar, Bitcoin stands as a decentralized digital currency, distinguished by its absence of a central authority or regulatory body. With over a decade of existence, Bitcoin has garnered attention for its potential as both a reliable store of value and a hedge against inflation.

👉🏻Nubank's decision to facilitate Bitcoin withdrawals underscores a pivotal shift towards broader cryptocurrency utilization in everyday transactions. Moreover, this development signals a growing acknowledgment among traditional financial establishments of the inherent value and viability of cryptocurrencies. This pivotal advancement not only enhances accessibility but also sets a precedent for further industry-wide adoption. As Nubank spearheads this transformative initiative, anticipation mounts regarding the responses of other banks and financial entities.

👉🏻To Bitcoin holders in Brazil: prepare to seamlessly integrate your cryptocurrency holdings into your daily transactions, as Nubank sets the precedent for mainstream cryptocurrency utilization. 🚀

#bitcoin #Binance #BNB

JUST IN: BRICS exploring the creation of a crypto stablecoin for international trade settlements.

@Binance News #CryptoNews #BRICS

JUST IN: 🇦🇪 United Arab Emirates leads the Middle East in crypto adoption, with 72% of local users investing in Bitcoin

#bitcoin #crypto

🐘 At the 19th of April (before the halving), the average cost to of Bitcoin Production was $64,000. An electricity part of this sum was $38,600.

As we all know, the Average Bitcoin Production (ABP) cost gradually increases after the Halving.

After the recent two Halvings, a part of electricity in ABP increased by +65% in 2016 - 2018 and by +50% in 2020 - 2022. By doing simple maths, we can expect an increase of electricity part on ABP to $58,000.

Want to remind you that historically, Bitcoin has only touched the electricity cost lines only a few times for a short period of times.

#bitcoin #Binance #HalvingHorizons

After Halving 2020 & Halving 2016 BTC moved sideway in 3-5 months before a real bullrun effect.

Historically A fact was there was a sell pressure from miners with their outdate-mining-equipments. When the finished selling, shock supply liquidity started and price started booming . . .

There is a big difference at the moment when we observe a huge demand from ETF. Miners are still selling but It is not too small compared ETFs demand, especially HONGKONG ETF at 30th April

So the consolidation will take 2 months or 5 months like past ? I think with the demand of ETFs, the consolidation time will be shorter.

#bitcoin #Halving2024

💰 Bitcoin Profit ratio of current supply is 88.8%

The last time this level was reached was on February 7, 2024, when the price was $44,000.

@Binance News #bitcoinhalvingn

This highlighted part of the last cycle is so tricky

-50% to -70% drawdown in like 3 days on the whole market including ETH and BTC

$BTC down more than 50% from its top during several weeks... to finally get back into bull mode... and then top barely higher than in April 21

If this happens again during this cycle, I am not sure if I will be able to manage it correctly.

#ETH #BTC #ETH

🔥 Crypto trader turns $9,770 into $10 million during crypto launch 🚀

This guy spent 64.5 $SOL($9,769) to buy 97.36M $GUMMY in the same block where the $GUMMY deployer added liquidity.

Now, the 97.36M $GUMMY is worth $10M.

@Binance News #CryptoPM

#Bitcoin Network transaction fees hit an all-time high, reaching 75%

Influenced by rune mining activity, #Bitcoin    miner revenue on April 20 reached $106.7 million, 75.444% of which came from network transaction fees, an ATH 📈

#bitcoin #BTC

🚨🚨🚨 After remaining inactive for 8.7 years, a dormant pre-mine Ethereum💰 address containing 197 ETH ($622,685), has suddenly come to life.

Originally acquired during Ethereum’s early pre-launch phase when ETH was trading at just $0.31 per coin, the initial valuation of this stash was a mere $61.

@Binance News #CryptoNews

🔥 BlackRock #Bitcoin ETF hits 69 days of inflows on '4/20' halving day.

Bitcoin memes keep flowing as one of the year's biggest success stories adds to the sense of fate around the 2024 halving.

@Binance News #CryptoNews

💰 #Bitcoin Network transaction fees hit an all-time high, reaching 75%

Influenced by rune mining activity, Bitcoin miner revenue on April 20 reached $106.7 million, 75.444% of which came from network transaction fees, an all-time high.

@Binance News #CryptoPM #Bitcoin

🚨🚨🚨 Crypto Users Consider Dropping Lawsuit Against Sam Bankman-Fried.

Investors have settled their civil case against former FTX CEO Sam Bankman-Fried, who will cooperate in their case against celebrities who promoted the platform.

The settlement includes Bankman-Fried providing valuable knowledge for cases against celebrities like Shaquille O'Neal, Gisele Bündchen, Tom Brady, and Kevin O'Leary.

#CryptoNews

Halving 2012 - +9362% Rally📈
Halving 2016 - +2876% Rally📈
Halving 2020 - +640% Rally📈

% Returns in 2016 reduced by 3.2x compared to previous rally in 2012
% Returns in 2020 reduced by 4.5x compared to previous rally in 2016

we take an average between these numbers 3.2 & 4.5 and receive 3.85 | Let's reduce the % Returns in the incoming cycle by this number💁‍♂️

640 / 3.85 = 166

Estimated % Return is 166%📈 → it's $170k per 💰 #Bitcoin

Do not look for a short-term corrections and play the long-term game🚀😎

Share with your friends .

#Bitcoin #BTC #halving