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This week's news summary:
1. Bitcoin mining difficulty was raised by 4.12% to 92.05 T yesterday;
2. Thesis founder initiated a proposal on the "WBTC Decentralized Roadmap";
3. Hong Kong Securities and Futures Commission: will make combating misconduct in the asset management industry a top priority;
4. CryptoQuant founder: Regulation will help cryptocurrencies eliminate their gambling stigma;
5. FOX reporter: Crypto lobbying organizations have become the largest spenders in Ohio Senate races;
6. Chairman of the Financial Services Commission of South Korea: will review the monopoly of the virtual asset market centered on Upbit;
7. The US FBI was accused of not complying with the MIT license in the process of issuing "fishing tokens", constituting copyright infringement;
8. The Thai Securities and Exchange Commission has proposed new regulations to allow mutual funds and private equity funds to invest in digital assets.


@cryptonewsupdates1234


🔍 Where Are All the Bitcoins?🧐

Bitwise analysts did some inventory and found that 56.8% of Bitcoin is chilling in personal wallets, waiting for its moment of glory. 💼💎

17.6% are inactive, probably lost in the crypto abyss, 5.2% are tightly controlled by funds, 4.8% are the legendary stash of Satoshi Nakamoto (probably under his mattress 🛌), 3.3% belong to businesses, and 2.4% are held by governments, who apparently decided to hedge their bets on the future. 👨‍💼💼

And the remaining 6.2% of Bitcoin hasn’t even been mined yet! So, if you don’t have any BTC, don’t worry—there’s still some left in the queue! 😅


📊 Historically, #BTC bull markets peak 518-546 days after halving.

This cycle is accelerating by ~100 days, hinting at a potential peak by mid-May to mid-June 2025.

@cryptonewsupdates1234


Bitcoin whale wakes up after almost 11 years of inactivity

An unknown bitcoin whale who has not made transfers for nearly eleven years has sent81 BTC (about $5.18 million) to another address.

The first cryptocurrency hodler received the assets in November 2013. At the time, they were valued at $44,707. In almost eleven years, the portfolio has appreciated in value about 116 times.


@cryptonewsupdates1234




NEW: 🇺🇸 A new report from River, a Bitcoin fintech company, predicts that 10% of U.S.-based companies will convert 1.5% of their treasury reserves—equating to roughly $10.35 billion—into #Bitcoin over the next 18 months 👀

✈️ @Cryptonewsupdates1234 🌐


🚨BREAKING: Samsung Next Just Entered Crypto

Samsung Next has invested in Web3 firm Startale Labs, partnering with Sony on Layer 2 blockchain development.

💰@cryptonewsupdates1234




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75% of all Bitcoin has been hodled for over 6 months

Despite Bitcoin dropping 21% from its all-time high, the majority of Bitcoin held in wallets hasn't been sold or moved for the last six months.

Crypto News®


📊 Bitcoin is now the 6th most capitalized monetary asset in the world, ahead of the British pound sterling and silver

Crypto News®


💸 Bitcoin remains on the right track

Analysts at Bernstein note that institutional adoption of Bitcoin remains on track despite market turbulence.

✔️ The current market correction is explained by fears in the stock market and broader economic issues, rather than problems related to cryptocurrency.

From a long-term perspective, analysts remain optimistic.

Crypto News®


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💎 Playing and claiming rewards from the P2E game Bears Rumble ICO ([https://bearsrumble.com/](https://bearsrumble.com/)).

⚡️ Bears Rumble ICO is an exciting P2E game in which we will have to play as a bear and with the help of alien technology to overcome the game obstacles by completing quests. The project has CERTIK certification.

Later game assets will turn into NFTs, which we will be able to exchange and sell, with 20% of our tokens to drop our players.

⭐️ The project has not been released yet, the presale is planned in 3 months, so now you can join us on our social networks to become early users and participate in our activities.

Subscribe to Telegram ([https://t.me/BearsRumble](https://t.me/BearsRumble)), Discord ([https://discord.com/invite/bearsrumble](https://discord.com/invite/bearsrumble)) and keep an eye on our Official website ([https://bearsrumble.com/](https://bearsrumble.com/)).


The Nasdaq officially posts its worst day since December 2022, falling nearly 3%.

The S&P 500 erased ~$650 billion of market cap today.

Crypto news


Returns on Various Assets Since the Start of 2024 📈

Since the beginning of 2024, Bitcoin has dramatically outperformed traditional investment assets, showcasing its strong appeal among investors with an impressive return of 58%. This significant growth starkly contrasts with other popular investment choices.

Silver has also seen respectable gains, recording a return of 23.6%, which underlines its continued reliability as a store of value. The Nasdaq, indicative of tech-heavy equity markets, followed with a 15.2% increase, highlighting the robust performance of technology companies.

Gold maintained its status as a safe haven during economic uncertainty, providing a solid return of 12.5%. Similarly, the broader stock market, as measured by the S&P 500, reflected general market positivity with a healthy increase of 12.4%.


📈 NEW: Bitcoin and Ether led a record $17.8 billion inflow into digital asset investment products year-to-date, signaling a potential crypto market recovery.

$BTC alone saw its fifth-largest weekly inflow ever, with over $1.35 billion, helping it regain the $60,000 mark. Ether followed with $72.1 million in inflows, driven by anticipation of the first US spot Ether ETF.

The inflows were primarily driven by US investors, with notable contributions from Switzerland, Hong Kong, and Canada.

Crypto currency news

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