⚡️⚡️⚡️⚡️⚡️⚡️ FTX founder Sam Bankman-Fried (SBF) sentenced to 25 years in prison.

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The selfless legend of Satoshi Nakamoto

Clip by Bit Intelligence

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💡💡💡: 🇺🇸 The US Government just transferred $2 billion in #Bitcoin from seized Silk Road funds❗️

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Crypto exchange monthly spot volume doubled in March, reaching nearly $2.5 trillion for first time since 2021 — link

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Wall Street giant Fidelity now holds 150K 💰 Bitcoin  worth over $10 billion.

It's just getting started 🚀

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⚡️ NEW: 🇨🇳 China has been buying more gold than any other nation since 2020, with India 🇮🇳 in second place.

Both nations are part of the BRICS coalition looking to ditch the dollar for international trade.

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⚡️⚡️⚡️⚡️⚡️⚡️: 🇩🇪 Germany's Largest Federal Bank LBBW to offer #Bitcoin and Crypto Custody Services to fulfil “increasing” corporate demand❗️

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💡💡💡: BlackRock says "Bitcoin is the most widely adopted digital asset in the world."

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🥇 “Bitcoin Halving" search query on Google set a new ATH, which is nearly 30% higher compared to the data from 2020 🚀

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JUST IN: JPMorgan CEO Jamie Dimon says Bitcoin is a fraud and a ponzi scheme.

JPMorgan is an authorized participant for BlackRock's Spot Bitcoin ETF.

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💰 BTC HALVING PRICE HISTORY:

•2012= $12 halving, $964 1yr later

•2016= $663 halving, $2550 1yr later

•2020= $8740 halving, $55801 1yr later

•2024= ~$63300 at halving

Where will price be 1yr later?
Write down in the comments below.

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💡💡💡
The fourth Bitcoin Halving occured on April 20, 2024 at 4:09 AM GMT+4. The Bitcoin block reward has been reduced from 6.25 BTC to 3.125 BTC.

🎉Happy Halving!

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🎉 Welcome to a Post-Halving World 🎉

The much-anticipated fourth Bitcoin halving is now a part of history, and here's what it has brought us:

At block 840,000, the miner's reward was successfully halved from 6.25 to 3.125 BTC per block. This historic block was mined at 02:09 Central European Time, boasts a size of 2.33 megabytes, and contains approximately 3063 transactions.

The outcome?
The daily production of new Bitcoins is now halved to 450 BTC, and Bitcoin's inflation rate has dropped from 1.8% to just 0.85%.

🥇 In comparison, the stock of gold, Bitcoin's physical counterpart, grows by an estimated 1.6% annually, with a steady trend.

Bitcoin has thus reached a new milestone and is officially scarcer than gold.

After the halving, comes the anticipation of the next.

5️⃣ The forthcoming fifth halving is scheduled for the year 2028 at block 1,050,000, which will further reduce the block reward to 1.5625 BTC.

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Just two days and 130 blocks after Bitcoin’s halving, miners have already earned 1,675 BTC, valued at $109 million. Impressively, 75% of this, equivalent to 1,262 BTC worth $82 million, came from transaction fees.

This amount significantly surpasses the 1,349 BTC collected in fees from April 1 to April 19, illustrating a sharp increase in miner revenue from transaction fees in a remarkably short period.

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📁 Central banks are STOCKING UP on gold:

Since 2022, 🇨🇳 China has bought a record ~290 tonnes of gold. Last year alone, China acquired more than 225 tonnes of the metal.

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🥇 Bitcoin transaction fees reached all-time-high

“Exceeding US$128 on average, on-chain movement fees reached the highest value in their history.”

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

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