🇺🇸 Florida officials have withdrawn bills to create a state Bitcoin reserve, with HB487 and SB550 “indefinitely postponed and withdrawn from consideration.”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

🪙 Bitcoin is featured on the front page of Steak N Shake’s website.

The food chain plans on accepting Bitcoin as payment starting later this week.

🚀 Bitcoin has broken above $100K for the first time since February 3, with bullish sentiment surging as retail FOMO and media hype drive the rally.

🪙 Whales Continue to Withdraw BTC from Exchanges: 100,000 BTC Withdrawn in the Last 3 Weeks — Glassnode Data

🪙 The volume of “illiquid” BTC — those that are rarely traded or moved — has reached a record high of over 14 million coins.

Historically, this is considered a positive signal for long-term price growth.

🪙 Michael Saylor says "sell a tooth if must but keep the bitcoin."

📊 Infographic of Bitcoin distribution shares.

📊 After a strong rally since the beginning of the year, gold may have “passed the baton” to Bitcoin, which has already risen above $100,000, said Fidelity’s global strategy director, Jurien Timmer. He noted the convergence of the Sharpe ratios of both assets.

Despite the positive outlook for the cryptocurrency’s dynamics, the expert left in place the recommendation for a 4:1 portfolio ratio in favor of the precious metal, given volatility and relative efficiency.