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The average cost of production per #Bitcoin, post halving, will be US$37,856: Coinshares
Breaking: BlackRock scoops up 11,500 #BTC during the dip.

BlackRock has reportedly bought a staggering 11,500 Bitcoin from the available supply during the latest dip since the launch of its spot Bitcoin ETF.

This amount is significant, considering that only 900 BTC are issued daily. The purchase by BlackRock effectively represents about 13 days’ worth of #Bitcoin production being absorbed by a single player.
@cryptobaba1m
🥳 Total trading volume of U.S. #Bitcoin spot ETFs within three days was close to $10 billion

Grayscale GBTC's three-day trading volume reached $5.174 billion, BlackRock's IBIT $1.997 billion, and FBTC $1.479 billion

@cryptobaba1m
Google updated it's guidelines today to allow "crypto trusts" to advertise their products in the US.

BlackRock spot #Bitcoin ETF ads are already popping up in US 🇺🇸
9
76 Days Until The #Bitcoin Halving.

Progress: 94.7%
Current Block: 828,821
Halving Block: 840,000
Blocks Remaining: 11,179
Estimate Date: April, 19, 2024
@cryptobaba1m
🔥🔥🔥 JUST IN: BlackRock says #Bitcoin  "creates global internet value that allows assets to move at low cost and in near real-time across borders."
Crypto News:
📊 Market Overview:

BTC : $47294
ETH : $2492.7
BNB : $321.34
SOL : $108.41

Dominance :

BTC : 49.64 %
ETH : 16.02 %
Stables : 6.64 %

📈 Market Cap :

Total : 1.87T
DeFi : 78.8B
24hr Vol : 65.06B


MicroStrategy's #Bitcoin investment sees unrealized profit hit $3.0 Billion dollars.
🇺🇸 The US gov is still holding seized #Bitcoin equivalent to ~1% of total supply with a 2.4X unrealized profit 😮

They haven’t sold any since July 2023 when
#Bitcoin was $30K 👀
⚡️NEW: Legendary rapper Ghostface Killah just inscribed his newest music on #Ordinals.

The songs will live on
#Bitcoin
MicroStrategy now owns more #Bitcoin than any country in the world
𝗧𝗢𝗗𝗔𝗬'𝗦 𝗖𝗣𝗜 𝗗𝗔𝗧𝗔 𝗜𝗦 𝗛𝗨𝗚𝗘
 
 #CPI data is coming today at 6 p.m. IST
 
CPI Expectations: 3.4%
 
The June Fed meeting will also start just hours after CPI data is released.
 
This CPI data will be crucial.

🔴 If the CPI data comes in higher than expected, 𝘳𝘶𝘭𝘦 𝘰𝘶𝘵 𝘢𝘯𝘺 𝘮𝘰𝘳𝘦 𝘵𝘩𝘢𝘯 𝘰𝘯𝘦 𝘳𝘢𝘵𝘦 𝘤𝘶𝘵 𝘵𝘩𝘪𝘴 𝘺𝘦𝘢𝘳.
 
If CPI data comes in lower than expected, 𝘵𝘩𝘦𝘯 𝘪𝘵 𝘮𝘢𝘺 𝘰𝘱𝘦𝘯 𝘵𝘩𝘦 𝘥𝘰𝘰𝘳 𝘧𝘰𝘳 𝘢 𝘑𝘶𝘭𝘺 𝘳𝘢𝘵𝘦 𝘤𝘶𝘵.
 
What are your CPI expectations? 👇

#Crypto #FOMC #Bitcoin
FUN FACT: In 2014, #Dell accepted payment of 85 #Bitcoin  worth $50,000 for a server order.

Today, that 85 🥇 BTC  is worth $5.4 million.
🔥🔥 JUST IN: 🇯🇵 Japanese Public company Metaplanet buys another ¥1 billion worth of #Bitcoin
🇺🇸 Spot #Bitcoin ETFs bought 15,194 #Bitcoin this week while miners only mined 3,150 bitcoin