🇺🇸👀 Powell: Cryptocurrencies are becoming more and more popular, and a legal framework for stablecoins is a good idea.

🐳⛏️ #BTC daily selling by whales has dropped from 800K to 300K BTC since February, while Miners increased selling, with 15K BTC sold on April 7 as prices dipped below $74K, per CryptoQuant.

Investor holdings fell 30K BTC last week, with accumulation slowing to 0.5%.

🇺🇸📉 $1.5 trillion wiped from the stock market today

📊👀 Glassnode Report:
- The performance of both #BTC and gold in particular has remained remarkably resilient during this challenging period of macroeconomic uncertainty;
- Median cycle drawdown remains an order of magnitude lower than in previous cycles, emphasizing a more resilient demand profile;
- Liquidity in the digital asset ecosystem continues to shrink, reflected in lower capital inflows and stagnant growth in stablecoins;
- Investors are under significant stress, currently facing the largest unrealized losses in history, but the bulk of these losses are concentrated among new market entrants, while long-term holders generally remain in profit.

🕵️ #BTC Over the past 9 days, the LTH supply has increased by 297,000 BTC.

📊👀 #BTC #ETH IntoTheBlock: Bitcoin is caught between two major supply zones: $81,440 and $86,430. Meanwhile, $1,528 is a key support level for Ethereum, where 2.61 million addresses accumulated over 4.82 million ETH.

🕵️ A newly created wallet spent 1M #USDC to buy 1.06M #Fartcoin at $0.944.

📊🤔 A Model of #BTC Based on Global M2

Global M2 is on the rise. And Bitcoin will soon follow.

🇺🇸👀 #LINK Representatives from the SEC and Chainlink met to discuss crypto regulation in the US. source

🇺🇸 #BTC North Carolina bill HB 92 has passed the Pensions Committee. The bill allows the state to invest in digital assets. x

🇺🇸 Trump marks 'great progress' on trade deal with Japan after meeting with Japanese officials.

🇨🇳🤝🇨🇦 Chinese refiners are importing record amounts of Canadian crude after cutting purchases of U.S. crude.

Chinese commerce ministry official: the US is playing a meaningless game of tariffs and China will ignore it. #tradewars

🇺🇸✅ Republican state attorneys general have asked a judge to suspend an ongoing lawsuit against the SEC, citing new leadership. coindesk

📉 #BTC #ETH #ETF Yesterday, total net outflows of spot BTC-ETFs totaled $171.1 million.

Total net outflow of spot ETH-ETFs amounted to $12.1 mln.

🇺🇸 The SEC will hold its third roundtable on cryptocurrency policy on April 25. x

🇵🇦 Panama's capital city will accept cryptocurrency to pay taxes and municipal fees. cointelegraph

📊🤔 #BTC C.Q.: The real sell pressure is not from whales or old hands, but from retail, mid-sized cohorts (shrimps to sharks) and short-term holders — a classic shakeout.

⛏️ #BTC Public mining companies sold more than 40% of their BTC in March. They continue to face economic challenges as the cost of everything from electricity to equipment is predicted to rise due to trade duties. cointelegraph #mining

😎 #BTC Project Eleven are offering 1 BTC to whoever cracks a Bitcoin key using a quantum computer within the next year. cointelegraph

🔍🐳 Whale Transactions:

1. A wallet associated with Abraxas Capital withdrew another 1,107 #BTC ($93.47 million) from exchanges today;
2. 4 wallets withdrew 14,929 BTC ($1.26 billion) from the Babylon staking;
3. Galaxy Digital withdrew 554 BTC (~$76.74M) from OKX and contributed a combined 49,681 #ETH ($79.37M) to Binance and Coinbase in the last 5 days;
4. Whale withdrew 545.5 BTC (~$45.5M) from Coinbase;
5. Whale withdrew 535.2 BTC (~$45.44 million) from Coinbase.