👉 Record Highs: Miner Revenues Soar With Bitcoin's Rally and more 🔹

Bitcoin’s rally to $72K took miner revenues to record highs
Bitcoin’s price has been on an “up only” trend since Jan. 23, resulting in an increase in miner revenues, which reached a record high earlier this week.

Riksbank Governor Erik Thedeen Wants 'as Little Bitcoin as Possible' in Swedish Financial System: Bloomberg
The governor of Sweden's central bank said he wants nothing to do with bitcoin.
"Right now there's a surge, but we have seen the value collapsing not long ago," Riksbank Governor Erik Thedeen said.

Coinbase sells $1 billion bond as crypto and the company's stock prices soar | The Block
The exchange is selling convertible senior notes to cover its previous debts and operational costs.

👉 Drake Showcases Bitcoin Enthusiasm to 146M Followers and More! 🔹

Rapper Drake Posts Michael Saylor's Bitcoin Video to His 146M Instagram Followers
Grammy-award-winning musician Drake posted a clip of Michael Saylor speaking about bitcoin on his Instagram account on Tuesday.
The rapper was previously active in the digital assets space when he placed bets for the 2022 Super Bowl through bitcoin and as an ambassador for crypto Grambling site Stake

President Bukele champions El Salvador's multiple Bitcoin revenue streams
Nayyib Bukele, the President of El Salvador, revealed that the Central American nation generates multiple Bitcoin revenues from various channels alongside its BTC holdings.

Jamie Dimon Defends Right to Buy Bitcoin Even Though He Never Will
JPMorgan CEO Jamie Dimon compared buying bitcoin to smoking a cigarette.
He repeated his criticism of cryptocurrency being used for illegal activity.
Dimon also encouraged the Fed to wait until June before cutting interest rates.

👉 VanEck's Record Inflow After Bitcoin ETF Fee Cut to 0% and More 🔹

CoinShares closes buy of US bitcoin ETF issuer’s fund division - Blockworks
CoinShares completed its takeover of Valkyrie’s fund business Tuesday as part of its bid to expand its asset management footprint in the US.
Specifically, the Europe-focused investment company bought the Tennessee-based crypto asset manager’s actively managed ETF business. Details of the deal were not disclosed.

Goldman Sachs, BNY Mellon test blockchain network with other firms: Bloomberg | The Block
Goldman Sachs, BNY Mellon, and Cboe Global Markets tested the blockchain-based, communication system called Canton Network with several other firms and banks.
Canton Network, an “interoperable blockchain network designed for institutional assets” launched nearly a year ago with Microsoft and Deloitte also said to be involved at the time.

VanEck Spot Bitcoin ETF Sees Record $119M Inflow After Fee Cut to 0%
VanEck waived the management fee for its spot bitcoin ETF for a year or until it reaches $1.5 billion in assets under management.

👉 Bitcoin Facing Liquidity Crisis in 6 Months, and More 🔹

Bitcoin has 6 months until ETF ‘liquidity crisis’ — New analysis
Bitcoin faces a “sell-side liquidity crisis” by September if institutional inflows continue, an industry analyst says.
In a thread on X on March 12, Ki Young Ju, founder and CEO of on-chain analytics platform CryptoQuant, predicted a BTC supply watershed “within six months.”

Spot bitcoin ETFs capture 90% of market share, leaving futures ETFs in the dust | The Block
Spot bitcoin ETFs now hold nearly 90% of the daily trading volume market share, while bitcoin futures ETFs account for around 10%.

Grayscale Files Application For Mini Bitcoin ETF - The Defiant
Digital asset manager Grayscale has filed an application with the SEC for a new spinoff product called the Bitcoin Mini Trust. If approved, it will use the $BTC ticker.
The filing outlines plans to distribute a portion of GBTC shares to seed the Bitcoin Mini Trust. GBTC is Grayscale’s flagship fund with over $27 billion in assets.

👉 Blast: $1 Billion TVL in Two Weeks on Mainnet, and more 🔹

Ether.Fi, Liquid Restaking Protocol, to Release ETHFI Token on Binance Launchpool Next Week
Liquid restaking protocols like Ether.Fi are designed to reuse Ethereum's proof-of-stake blockchain to secure other networks and protocols, and have quickly become one of the hottest types of projects in crypto.

Solana NFT marketplace Tensor issuing TNSR governance token | The Block
Tensor Foundation announced it will issue a TNSR governance token but provided few details.
In a post to social media, Tensor also said that more than $2 billion worth of Solana non-fungible tokens have changed hands using its protocol.

Blast developers drawn by layer-2’s liquidity and founder’s success building Blur - Blockworks
Protocols built on Blast have accrued nearly $1 billion in TVL in the two weeks since the layer-2 went to mainnet.

👉 Thorchain: From Hacks to All-Time High Trading Volumes and More 🔹

Cat-themed memecoins and AI tokens post large gains in recent rally | The Block
Cat-themed memecoins have rallied over the past week.
AI tokens have risen strongly over the last 24 hours.

What is fully homomorphic encryption and how will it change blockchain? - Blockworks
In today’s digital world, the need to decrypt data for computational tasks exposes it to security risks.
This is a significant problem in privacy-sensitive sectors like Web3, where decentralized applications and finance at times rely on both confidentiality and integrity in data processing to maintain trust and security on chain.

Thorchain Thunders Back As Trading Volumes Hit All-time Highs - The Defiant
Thorchain, a decentralized liquidity protocol that facilitates native asset swaps across blockchains, is making a comeback after a string of hacks and a 96% plunge from its all-time high.

👉 Delphi Digital Backs 'MetalCore' Game Dev in $5M Round and more 🔹

Delphi Digital joins $5 million round for developer of crypto video game 'MetalCore' | The Block
“MetalCore” video game developer has raised $5 million in a new funding round with participation from Delphi Digital, Bitkraft Ventures, Sanctor Capital, and Spartan Group.
The game is expected to be in open beta by the end of 2024.

Starknet To Roll Out Suite Of Fee-Saving Measures Alongside Dencun - The Defiant
Starknet, a leading Ethereum Layer 2, will introduce upgrades designed to significantly reduce transaction fees alongside Ethereum’s long-awaited Dencun upgrade.

Anti-Crypto Politicians Rally Against SEC's Potential Approval of Spot Ethereum ETFs: Fox Reporter
Optimism surrounding the Securities and Exchange Commission’s (SEC) approval of Ethereum spot ETFs by May 23 is diminishing.
In a recent post on X, Fox reporter Eleanor Terrett revealed that influential anti-cryptocurrency politicians, including Senator Elizabeth Warren, are actively opposing the passage of ETH spot ETFs, while SEC staff members have shown limited engagement in promoting the product.

👉 Bitcoin's 21 Million Cap: A Boomer Myth Debunked and More 🔹

Bitcoin on Wheels: The Story of Bitcoinetas
Meet the Bitcoinetas, a fleet of transformative vehicles on a mission to spread the bitcoin message everywhere they go. From Argentina to South Africa, these unique cars are emblematic of hope and practical financial literacy.

Bitcoin’s 21 million limit is a boomer myth - Blockworks
To genuinely appreciate the value of bitcoin, one must recognize that the perceived cap of 21 million does not accurately reflect reality

Old Trust Wallet iOS vulnerability from 2018 may still affect some accounts
Trust Wallet accounts created between Feb. 5 and Aug. 21, 2018 on iOS devices may still be vulnerable to exploits, according to cybersecurity research firm SECBIT Labs.

👉 Imminent Bitcoin Dip Predicted Amid Cooling Off, Swissblock Warns and More 🔹

Bitcoin Could Drop to $58K as Cool-Off Period Is Imminent, Swissblock Says
Bitcoin's rally shows waning momentum, underscored by a negative divergence between its price and the RSI momentum indicator, Swissblock analysts noted.
BTC could drop as much as 20% from current prices in the near term, but the uptrend will resume Swissblock forecasted.

Bitcoin rises despite stock retreat following hotter-than-expected inflation data | The Block
Bitcoin rally sustains despite wider market downturn following hotter-than-expected inflation data.

Grayscale sees 83% decrease in outflows as mini BTC ETF filing stems bleed | CryptoSlate
Grayscale Bitcoin Trust (GBTC) has experienced a potential shift in investor sentiment, as evidenced by the significant drop in outflows on March 12. The data reveals that outflows plummeted to just $79 million on this date, starkly contrasting the substantial outflows observed in the preceding weeks and months.

This is the source used by the Coindesk article (first in message) above!

Nothing rallies in a straight line. Not even #BTC

BTC has been on a tear. In late January BTC was at 38K. I early March it was at 72K.

No moves without a counter-move. And a counter-move seems to be near.

We observe Negative Divergence - as BTC has rallied into its highs in a 3-wave structure (a B-wave). Sentiment is hot at 89!

It is time for a COOLER.

We see BTC dropping to ~58-59K in its next move. But Top is NOT in 🚀

👉 Ethereum's Dencun Upgrade Revolutionizes L2 Scalability and More 🔹

Ethereum Activates Dencun Upgrade, Ushering New Era For Layer 2 Scalability - The Defiant
Dencun went live on March 13, paving the way for a significant reduction in the costs associated with transacting on Ethereum L2s by replacing gas-intensive calldata with lightweight Binary Large Objects (blobs) via EIP-4844 — also known as proto-danksharding.

Michael Saylor's MicroStrategy To Raise $500 Million To Buy More Bitcoin
MicroStrategy Incorporated (Nasdaq: MSTR) has revealed plans to raise $500 million to buy more bitcoin through a private offering of convertible senior notes due 2031. The offering, subject to market conditions, targets qualified institutional buyers under Rule 144A of the Securities Act of 1933.

Spot bitcoin ETF mania has fixed the Alameda liquidity gap | The Block
The spot bitcoin market is experiencing significant activity, with Monday recording the second-highest volume day for the ten issuers.

👉 Nigeria Demands Binance's Top 100 User Data: Escalation and More 🔹

Binance-Nigeria Brawl Continues as Country Asks Exchange to Submit List of Top 100 Users
Nigeria wants Binance to give information regarding its top 100 users in the country and all transaction history spanning the past six months.
Neither Gambaryan nor Anjarwalla have been charged with an offense but were being held “simply as hostages,” the FT reported.

Coinbase Wallet says it helped users save over $75 million in five months via Blockaid integration
Coinbase Wallet announced today that it integrated with Blockaid five months ago.
The integration has since helped its users save over $75 million from being stolen, Coinbase Wallet said.

Binance to Delist Multiple TrueUSD Trading Pairs – What's Going On?
Binance, the world’s largest cryptocurrency exchange, has announced its plan to delist multiple TrueUSD spot trading pairs as well as a couple of BNB pairs, its native currency.

👉 South Africa Set to License 60 Crypto Firms This Month and More 🔹

Court upholds SEC's unregistered securities claims against Gemini, Genesis' Earn program
A federal court denied crypto exchange Gemini and Genesis Global Capital’s joint motion to dismiss the SEC’s case regarding their defunct Gemini Earn program, according to a March 13 filing.

South Africa Is Poised to License 60 Crypto Firms by Month End: Bloomberg
South Africa's financial regulator intends to award licenses to 60 crypto firms by the end of the month, a Bloomberg report said.
Crypto companies had to apply to get license with the regulator from June 1.

Meme Coin Rise Historical Data Reignites Fears of Crypto Bubble Burst
Bloomberg says that meme coin's trading volumes are currently at levels last seen shortly before the last crypto bubble burst more than two years ago.
At present, Meme coins are capitalizing on the positive trend in the cryptocurrency industry and exhibiting significant growth potential.
However, after an all-time high level in 2021, the crypto market experienced one of its most dreadful moments.

👉 Solana's Dogwifhat Hits Vegas In Style, Surpasses Fundraising Target and More 🔹

Solana's dogwifhat (WIF) is Going to Las Vegas In Grand Style
dogwifhat is set to grace Las Vegas City's Skyline through the Sphere
The community's campaign to achieve this publicity stunt has garnered massive support
the campaign's fundraising has surpassed its planned target of $650,000

El Salvador drops income tax for foreign investments and remittances
The Legislative Assembly of El Salvador has approved a measure to reduce the income tax on foreign investments and remittances from 30% to 0% with no effective limits on the amount.

Aevo Airdrop Leaves Some Farmers Fuming as Token Debuts at $3B Valuation - The Defiant
More than $95 million worth of AEVO tokens were distributed by the perpetuals and options trading platform.

👉 Bitcoin Halving Expectations: Bullish Trend despite Upsurge in Selling Activity and More 🔹

1 Month Until the Bitcoin Halving: What to Look Out For
The Bitcoin halving, reducing mining rewards to 3.125 BTC, is set for between April 17 and April 20.
Concerns rise as miners and whales increase selling activity, potentially impacting Bitcoin's price.
Despite selling pressure, significant ETF inflows and historical trends suggest a bullish outlook for BTC.

Will the Bitcoin halving bring more institutional investors into crypto?
The Bitcoin ETFs appear to have opened many institutions’ eyes to Bitcoin as an alternate asset. Will the April halving accelerate the trend?

Cosmos DeFi boosted as 'rivals' Osmosis and Astroport collaborate on programmable liquidity pools
Cosmos-based decentralized exchange Astroport is set to deploy its passive concentrated liquidity (PCL) pools on Osmosis, the largest Cosmos-based DEX by volume, following successful governance votes on both platforms. This move marks an alignment between two of the most active DEXes in the Cosmos ecosystem, aiming to improve the overall trading experience and capital efficiency for users.

👉 PropyKeys Unveils Tokenized Real Estate on Ethereum Layer 2 and More 🔹

Tokenized Real Estate Project PropyKeys Announces Public Launch - The Defiant
PropyKeys, a tokenized real estate project deployed on Base, an Ethereum Layer 2 network, has opened its doors to the public.

Meme coins have 'strong relationship' with native networks like Solana: Franklin Templeton | The Block
Meme coins maintain a “strong” connection to their native networks, according to research published by the traditional financial institution Franklin Templeton.
The global asset manager pinpointed networks such as Solana, Ethereum, Arbitrum, Polygon and Optimism.

Blast stopped producing blocks following Ethereum’s Dencun upgrade - Blockworks
Following Ethereum’s Dencun upgrade, the Blast Mainnet stopped producing blocks.
Around an hour after the last block was produced, Blast said that the issue was resolved in a post on X.
“A full analysis on the issue will be shared shortly,” the team said in the post.

👉 NEAR Protocol's Surge: Riding the Narrative to New Highs and More 🔹

Crypto's AI Future could be NEAR | Bankless
NEAR Protocol has been one of the buzziest L1s this month and is up 74% in the last 30 days! What potent narrative has sent NEAR surging to new cycle highs, and which early play can you use to enhance your NEAR upside?

io.net adds Apple chip support to its cloud-based GPU-sourcing network
Recently launched decentralized physical infrastructure network (DePIN) io.net is set to onboard Apple silicon chip hardware for its artificial intelligence (AI) and machine learning (ML) services.

Ethereum Staking Protocol Swell Unveils Layer-2 Rollup With $1B Total Value Locked
Swell has launched a layer-2 restaking rollup alongside Ethereum scaler AltLayer and crypto staking project EigenLayer.
The rollup will take the form of a "restaked rollup", which comes with a range of services such as decentralized sequencing, verification and faster finality.
Restaking refers to a process on Ethereum where ether tokens that are deposited as security for the network can be repurposed to secure additional blockchains and protocols.

👉 Climate Physicist Advocates Bitcoin for Ecological Sustainability and more 🔹

Visa, Mastercard could be key drivers for crypto in the year ahead
Visa and Mastercard are both working on cryptocurrency initiatives, and could encourage more adoption if they offered crypto reward programs on a wider basis.

Climate physicist sees Bitcoin as a tool for ecological sustainability | CryptoSlate
Climate physicist Margot Paez reevaluates Bitcoin's environmental impact, advocating for its role in transitioning to a sustainable economic system.

Open Data: The Unfulfilled Promise of Blockchain
On-chain analytics platforms should strive to make their core data more accessible to all rather than arbitrarily gated, Flipside Crypto co-founder Jim Myers writes.

🔥 Tweet alert: El Salvador storing their Bitcoin in a cold wallet inside the country: Smart move
🔵 nayibbukele 🔵