π³ ~$1.03B of supply was released from 2-3 year dormancy on May 5, marking the sixth dormant cluster to unlock this rally.
During the same window, wallets holding 1,000+ #BTC increased by 12% this quarter, according to Glassnode.
Two whale cohorts are trading oppositely. Focus on the count, not the noise.
During the same window, wallets holding 1,000+ #BTC increased by 12% this quarter, according to Glassnode.
Two whale cohorts are trading oppositely. Focus on the count, not the noise.
ππ Two cycles, two kings.
2018 β 2022: TSLA dominated (+1,163%)
2022 β 2026: NVDA took the crown (+1,049%)
ETH went from +251% to flat. Gold & Silver only woke up in cycle B.
#BTC quietly delivered triple-digit returns in both.
2018 β 2022: TSLA dominated (+1,163%)
2022 β 2026: NVDA took the crown (+1,049%)
ETH went from +251% to flat. Gold & Silver only woke up in cycle B.
#BTC quietly delivered triple-digit returns in both.
π¨ππ¦ Swiss Bitcoin Reserve Campaign to Lapse After Failing to Secure Enough Signatures
Reuters reported that Swiss cryptocurrency advocates will drop a campaign to require the Swiss National Bank to hold Bitcoin in its reserves. They secured only about half of the 100,000 signatures needed to trigger a referendum. The SNB has rejected the idea, stating that cryptocurrencies are too volatile and insufficiently liquid to meet its reserve requirements.
Reuters reported that Swiss cryptocurrency advocates will drop a campaign to require the Swiss National Bank to hold Bitcoin in its reserves. They secured only about half of the 100,000 signatures needed to trigger a referendum. The SNB has rejected the idea, stating that cryptocurrencies are too volatile and insufficiently liquid to meet its reserve requirements.
πΊπΈπ #macro USA (Preliminary):
- Unemployment Rate: 4.3% (Prior: 4.3%);
- Nonfarm Payrolls: 115k (Prior: 178k)
- Unemployment Rate: 4.3% (Prior: 4.3%);
- Nonfarm Payrolls: 115k (Prior: 178k)
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π¦ Michael Saylor explains the competition in digital credit from banks, stating, "Itβs like enriched uranium. You need a crypto reactor to create credit." He added that a bank would require a structure with $50-$100 billion worth of Bitcoin held in one entity. Saylor believes that if this occurs, the price of #BTC will significantly increase, potentially adding another $50-$100 billion to the market.
π΅οΈ #ETH Smart Money Flow Index
April: +$356M.
May 1 single-day: +$101M.
BlackRock and Fidelity took 90%+ of the bid.
Globally, ETH ETFs crossed $14B YTD net inflow.
Five red months. Then a pivot β and the timeline barely noticed. The rotation that matters is rarely loud at the start.
April: +$356M.
May 1 single-day: +$101M.
BlackRock and Fidelity took 90%+ of the bid.
Globally, ETH ETFs crossed $14B YTD net inflow.
Five red months. Then a pivot β and the timeline barely noticed. The rotation that matters is rarely loud at the start.
πΊπΈπ Crypto #ETF Flows Today:
Bitcoin ETFs:
1D NetFlow: -2,022 $BTC (-$161.53M)
7D NetFlow: +18,496 $BTC (+$1.48B)
Ethereum ETFs:
1D NetFlow: -34,349 $ETH (-$78.35M)
7D NetFlow: +73,153 $ETH (+$166.86M)
Solana ETFs:
1D NetFlow: +76,912 $SOL (+$6.85M)
7D NetFlow: +368,912 $SOL (+$32.83M)
Bitcoin ETFs:
1D NetFlow: -2,022 $BTC (-$161.53M)
7D NetFlow: +18,496 $BTC (+$1.48B)
Ethereum ETFs:
1D NetFlow: -34,349 $ETH (-$78.35M)
7D NetFlow: +73,153 $ETH (+$166.86M)
Solana ETFs:
1D NetFlow: +76,912 $SOL (+$6.85M)
7D NetFlow: +368,912 $SOL (+$32.83M)
πΈ Revolut Users See Erroneous Bitcoin Price Alert Showing BTC Near Zero
Some Revolut users received erroneous alerts today showing Bitcoinβs price falling near zero, with screenshots indicating BTC briefly displayed around 0.02 in the app. Revolut attributed the issue to a third-party service disruption. The problem affected price displays and push notifications rather than the broader market price, and Revolut has not reported user asset losses so far.
Some Revolut users received erroneous alerts today showing Bitcoinβs price falling near zero, with screenshots indicating BTC briefly displayed around 0.02 in the app. Revolut attributed the issue to a third-party service disruption. The problem affected price displays and push notifications rather than the broader market price, and Revolut has not reported user asset losses so far.