🌐 $750M pouring into BTC
Hello hello, guess who’s celebrating their 10th year this week 🎉
Yes, it's us 😁
A decade of keeping your goody bags within your view and helping you do more with your crypto.
If you’ve been in crypto for as long as we have, you’d know 10 years is like 70 dog(e) years
… we’re not feeling old yet, but it does feel good to be in the space this long 😎
But more than anything, we wouldn't have made it this far without you.
And to celebrate YOU, we have some goodies in store. Check it out here.
Now, back to the juice of the week:
- $750M pouring into BTC
- Bitcoin Price Leaps Over $61K Following US Unemployment Data
- Former Binance CEO CZ sentenced to 4 months prison in US
- Arthur Hayes predicts Bitcoin is poised for a steady rise in value
$750M pouring into BTC
Jack Dorsey’s Block is about to start investing 10% of its annual profits into Bitcoin, setting up a new BTC blueprint for other corporate treasuries to follow. In 2023 they pulled $7.5B of gross profit, out of $12.42B in revenue.
Bitcoin Price Leaps Over $61K Following US Unemployment Data
After a government employment report was published, showing unemployment is higher than expected, Bitcoin leaped over $61k.
Former Binance CEO CZ sentenced to 4 months prison in US
U.S. Justice Department officials said that Zhao created a company culture in which Binance’s growth was prioritized over compliance with U.S. financial rules. By serving American customers without the proper controls in place, funds linked to virtual theft and terrorism were able to flow through Binance undetected, officials said.
Arthur Hayes predicts Bitcoin is poised for a steady rise in value
Hayes believes Bitcoin's local bottom is in and predicted that the flagship crypto will steadily grind upward over the coming months.
Other Highlights Worth Mentioning
Coinbase surpasses expectations with Q1 revenue surge amid Bitcoin boom — CryptoSlate
Nigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern — Bitcoin News
Saylor predicts SEC will designate Ethereum as a security and deny spot ETF applications this summer — Crypto.News
Vested crypto tokens worth over $3B to be unlocked in May — Cointelegraph