🗽Arizona has become the first US state to pass a BTC reserve bill that allows up to 10% of state funds to be invested in digital assets like BTC. The bill now needs to pass Democratic Governor Katie Hobbs' desk to be signed into law.

🪙 Bitcoin rose 14.2% in April, its best monthly performance since November 2024.

📢 🇺🇸 Interesting takes were shared in yesterday's interview with the U.S. Secretary of Commerce:

⚫️Bitcoin should be considered a commodity, alongside oil and gold.

⚫️The U.S. government supports Bitcoin, and both Donald Trump and David Sachs have long been advocates of crypto.

⚫️Trump has already signed an order to create a strategic reserve of Bitcoin.

⚫️Limited issuance is the key value of BTC.

⚫️ The U.S. will develop mining and build new data centers, while the Department of Commerce is launching a new investment accelerator to support these initiatives.

It is very important for such takes to be voiced as often as possible, and for pro-crypto officials to increase in number — they are the ones shaping the legislative framework for the development of the industry and attracting institutional investors.

🪙 🇯🇵 Japan's Metaplanet Launches US Subsidiary

Metaplanet Treasury Corp. is registered in Florida with $10 million in capital. The structure will follow the Bitcoin treasury strategy of its parent company and plans to raise $250 million for this purpose.

🪙 ❗️ $97,000 Bitcoin

Forecasts for BTC and ETH from Various Leaders in the Crypto Industry

⚫️ Catherine Wood (CEO of Ark Invest)
"In the Big Ideas 2025 report, we updated our target levels for Bitcoin by 2030, assuming three scenarios:
Bearish - around $300,000.
Base - around $710,000.
Bullish - approximately $1.5 million per Bitcoin."

⚫️ Arthur Hayes (co-founder of BitMEX)
"It’s time to long everything. The U.S. will have to increase dollar liquidity, and this will help Bitcoin reach $1 million by 2028."

⚫️ Francis Hunt (trader, author of the HVF method)
"BTC is consolidating; my target is $100K, although there may be a pause before the next surge. BTC dominance is currently in a low volatility zone, and I believe a reversal is possible, which would be a positive signal for altcoins."

⚫️ Mike Alfred (founder of Alpine Fox fund)
"Bitcoin is overdue for growth. May will be huge. If you don’t understand this, you’re out of the market."

⚫️ Lark Davis (investor and crypto blogger)
"I expect a retest of the 20-day EMA at $1,720, and even better — to catch a wick just below $1,690. Potential long up to the 200-day EMA at $2,500."

⚫️ Michaël van de Poppe (CEO of the analytics company Eight)
"ETH is showing bullish divergence against BTC. I expect ETH to rise to $2,500 within 2-4 weeks. An alt season is also possible."

As you can see, all experts lean towards the idea that we may be expecting significant growth in all risk assets in the near future.

✈️ The Salvador Bitcoin Travel agency made its first sale of a historical tour for BTC — a client paid for an 8-hour flight from Brussels to Montreal.

🇺🇸 Florida officials have withdrawn bills to create a state Bitcoin reserve, with HB487 and SB550 “indefinitely postponed and withdrawn from consideration.”

🪙 Bitcoin Core plans to remove the restriction on OP_RETURN, the operator that allows writing data to the blockchain.

Critics warn that this could lead to increased spam, abuse, and even the posting of unwanted content.

📊🪙 Bitcoin outperformed both gold and the S&P 500 last month, according to Cyberrank

💸BlackRock’s iShares Bitcoin Trust (IBIT) has recorded 16 consecutive days of inflows.

🇯🇵 Metaplanet (the Japanese equivalent of Strategy) has purchased an additional 555 BTC for $53.4 million—now the company owns a total of 5,555 BTC, acquired for a total of $481.5 million at an average price of $86,672 per coin.

Additionally, Metaplanet will raise $25 million for the purchase of BTC through the issuance of bonds.

📊 It's been 141 days since Bitcoin's last ATH — on average, it takes 211 days to break another record.

If the pattern continues, a new ATH is possible in ~70 days, although CryptoQuant analysts believe it could happen sooner.

⚡️⚡️BTC hits $100k again

🪙 Bitcoin surpassed Amazon to become the 5the largest asset in the world 🚀

❕ 🪙 Michael Saylor explains how to 100x your money and says, “in the year, 2045 I think that Bitcoin is worth $13 million, so every bitcoin that you don’t buy is a $13 million cost.”

🐋 New Bitcoin whales are buying BTC at an average of $91,900, which is 185% higher than the price at which old whales entered ($32,200).

The difference of $59,700 indicates an increase in confidence and FOMO in the market, according to CryptoQuant. For comparison, in November 2022, this gap was only 62%.

📈 Strategy shares are also continuing to rise. The premium on the bitcoin the company has purchased, measured in terms of the total number of bitcoins it has purchased relative to its outstanding shares, could be an indicator of where Bitcoin is headed next, as Saylor takes aim at fixed-income markets that have never been exposed to cryptocurrencies.

📈 Digital asset investment products recorded a fourth straight week of inflows, reaching $882 million last week.