Hashrate continues to fall.
This is now the longest #bitcoin miner capitulation since the bottom of the 2022 bear market.
A healthy dose of fear goes a long way...
2 times this cycle #Bitcoin Fear and Greed close to 30 has represented the exact price bottom.
Many times a move to fear has represented the local low.
The jump from 28k in October 2023 to 74k in March 2024 was one of the most explosive relative moves in Bitcoin history, all things considered, price is doing just fine.
I wouldn't think about a bull run yet, but rather worry about the mental health of the newbies who hold 1.2M BTC and how they will cope with this shake-up.
HODL ✊
if $BTC closes out the quarter above the daily 200 MA, then I expect a violent upside resolution from this extended consolidation
🚨GBTC Sells 520 #Bitcoin
Selling has slowed, but outflows still coming on red days.
50
Is OP_CAT happening?
The covenants proposal was recently assigned BIP 347, and now it's up to the community to decide. Blockstreamer Kiara Bickers breaks down the pros and cons and attempts to answer the question on most Bitcoiners' minds: Is it safe?
https://blog.blockstream.com/op_cat-the-purr-fect-solution-for-covenants/
👏👏👏👏
ONG Bitcoin Argentina proposes defining cryptocurrencies as digital value
The entity promotes a law that facilitates operations in the industry. It is an initiative that goes beyond anti-money laundering regulations.
Ethereum Foundation email hacked to promote Lido scam
A hacker broke into the Ethereum Foundation's email server and sent fraudulent emails to 35,794 people, registering 81 subscriber email addresses in the process
The volume and frequency of #Bitcoin being transferred out of miners' wallets has decreased noticeably recently.
Once the market absorbs this volume, it could set the stage for a possible recovery and continuation of the bullish rally.
🙄👀👀👀👀 
Gold and Bitcoin, much more correlative in recent times
🇨🇳 Let's never forget when Chinese TV really said:
"If Bitcoin succeeds, we're all going to die."
🤣
https://video.nostr.build/069dd46166d84b25e5ff4e2d7b8a8e774ed1881b1fc623f9668f1662efdb1de2.mp4
This chart will help you understand the Alts market cycle and its rotation
According to Arkham, the German government transferred 282.74 BTC worth about $17.64 million to Bitstamp, Coinbase, and Kraken.
Over the past two weeks, the German government has transferred more than 3,000 BTC to centralized exchange platforms (CEX).
More than 50% of US hedge funds have exposure to BTC
Millennium Management, which holds 27,263 BTC worth $1.69 billion, has allocated about 2.5% of its $67.7 billion in total assets under management to Bitcoin
NEW: 🇨🇷 Bitcoin is now accepted in over 380 businesses in Costa Rica ⚡️
$BTC monthly chart
$61,000 is the KEY LEVEL to maintain 👀
Coinbase is now the custodian of bitcoins confiscated by the United States
The sheriff's agency will rely on the Coinbase Prime service to safeguard and market its digital assets.
