πΊπΈπ USA - GDP (1Q 2026 - est) = +2% Q/Q (EXP +2.2% / PREV +0.5%) #macro
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πΊπΈπ #macro USA
- Initial Jobless Claims = 189K (exp 213K / prev 214K)
- Continuing Jobless Claims = 1.785M (exp 1.820M / prev 1.821M)
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- Initial Jobless Claims = 189K (exp 213K / prev 214K)
- Continuing Jobless Claims = 1.785M (exp 1.820M / prev 1.821M)
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πΊπΈπ§βπ» US Senator Cynthia Lummis announces that Bitcoin and crypto market structure legislation will be marked up "in May."
"We are gonna get it to the finish line." link
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"We are gonna get it to the finish line." link
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π©πͺπ $BTC and DXY haven't moved this opposite in 4 years.
30-day correlation: -0.90.
81% of recent $BTC short-term moves are tied to DXY shifts.
DXY: 98.6010
Y yield: 4.36%
US-Germany 10Y spread: 155bp
Historically, when this gets this extreme, it breaks one way β and the dollar usually leads the resolution.
Most CT charts $BTC. We chart what's pulling the strings.
Read your dollar before your bitcoin. link
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30-day correlation: -0.90.
81% of recent $BTC short-term moves are tied to DXY shifts.
DXY: 98.6010
Y yield: 4.36%
US-Germany 10Y spread: 155bp
Historically, when this gets this extreme, it breaks one way β and the dollar usually leads the resolution.
Most CT charts $BTC. We chart what's pulling the strings.
Read your dollar before your bitcoin. link
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π§βπ» PayPal has announced a strategic reorganization of its business, making payment services and cryptocurrency one of the three core segments.
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π Update:
With the spot price trading at $75.7K, the key on-chain price models are as follows:
Active Investors Mean: $85.0K
STH Cost Basis: $78.9K
True Market Mean: $78.0K
---- Spot Price: $75.7K ----
Realized Price: $54.1K
glassno.de/3XDy2xe
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With the spot price trading at $75.7K, the key on-chain price models are as follows:
Active Investors Mean: $85.0K
STH Cost Basis: $78.9K
True Market Mean: $78.0K
---- Spot Price: $75.7K ----
Realized Price: $54.1K
glassno.de/3XDy2xe
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π³ Apr 30 Update:
Bitcoin ETFs:
1D NetFlow: -1,725 $BTC (-$131.69M)
7D NetFlow: -3,797 $BTC (-$289.79M)
Ethereum ETFs:
1D NetFlow: -41,275 $ETH (-$93.41M)
7D NetFlow: -110,593 $ETH (-$250.27M)
Solana ETFs:
1D NetFlow: +1,465 $SOL (+$122K)
7D NetFlow: +81,911 $SOL (+$6.8M) link
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Bitcoin ETFs:
1D NetFlow: -1,725 $BTC (-$131.69M)
7D NetFlow: -3,797 $BTC (-$289.79M)
Ethereum ETFs:
1D NetFlow: -41,275 $ETH (-$93.41M)
7D NetFlow: -110,593 $ETH (-$250.27M)
Solana ETFs:
1D NetFlow: +1,465 $SOL (+$122K)
7D NetFlow: +81,911 $SOL (+$6.8M) link
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π΅οΈ #MEGA Bubblemaps: MEGA tokens were distributed among 8,360 addresses, with approximately 50% of addresses still holding all the tokens. About 40% of addresses have sold them completely, and around 10% of addresses have sold only a portion of the coins. link
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πΊπΈπ΅ 250,000,000 $USDC (249,973,000 USD) minted at USDC Treasury link
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π Google $GOOGL surpasses $4.5 trillion market cap, adding over $300 billion so far today.
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βοΈ Strategy's average $BTC cost is $75,537. Spot is $76,308. Razor thin.
818,334 $BTC. Total cost basis ~$61.81B.
April 27: +3,273 $BTC for $255M
April 20: +34,164 $BTC for $2.54B
YTD treasury yield: 9.6%
Stated goal: 5β7% of total $BTC supply
Saylor is buying with conviction at the line in the sand β not when it's safe. The pace tells you what they see on the dashboards CT isn't reading. link
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818,334 $BTC. Total cost basis ~$61.81B.
April 27: +3,273 $BTC for $255M
April 20: +34,164 $BTC for $2.54B
YTD treasury yield: 9.6%
Stated goal: 5β7% of total $BTC supply
Saylor is buying with conviction at the line in the sand β not when it's safe. The pace tells you what they see on the dashboards CT isn't reading. link
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π΅οΈ Musk: βSome Crypto Assets Have Merit, but Most of Them Are Scamsβ
According to Fortune, during his lawsuit against OpenAI, Elon Musk stated that βsome crypto assets have merit, but most are scams.β This comment was made in response to inquiries about OpenAIβs 2018 plan to issue tokens via an ICO to fund its nonprofit operations. Despite his past support for the sector, including Teslaβs $1.5 billion Bitcoin purchase in 2021 and his influence on Dogecoin, Tesla sold about 75% of its crypto holdings in 2022. #regulation link
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According to Fortune, during his lawsuit against OpenAI, Elon Musk stated that βsome crypto assets have merit, but most are scams.β This comment was made in response to inquiries about OpenAIβs 2018 plan to issue tokens via an ICO to fund its nonprofit operations. Despite his past support for the sector, including Teslaβs $1.5 billion Bitcoin purchase in 2021 and his influence on Dogecoin, Tesla sold about 75% of its crypto holdings in 2022. #regulation link
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