💰 Bitcoin Miners Score Record Monthly Revenues At Over $2 BillionThe Bitcoin mining industry had its most lucrative month ever in March, pocketing over $2 billion for securing the leading crypto network. The latest figure shatters the 30-day averages of the previous two months, which were just $48.31 million as of February 29, and $43.29 million as of January 31. Miner revenues are almost entirely dependent on Bitcoin’s market price, since the number of newly mined coins remains mostly the same at any given time, irrespective of demand. Throughout March, Bitcoin consistently traded above $60,000 USD, topping an all-time high of over $73,000 on March 13.

Source

🔊 @Bitcoin_Action ⚡️

💰 Burkett Financial Services buys Bitcoin via ETFsBurkett Financial Services, a South Carolina-based financial planner, disclosed investments in two Bitcoin exchange-traded funds (ETFs) on April 1. Burkett’s latest Form 13F filing indicates it holds 602 shares of BlackRock’s iShares Bitcoin Trust (IBIT), a spot Bitcoin ETF. The firm’s holdings are valued at $24,363. The company also holds 630 shares of ProShares’ Bitcoin Strategy ETF (BITO), which invests in Bitcoin futures. Its BITO shares are valued at $20,344 in total.

Source

🔊 @Bitcoin_Action ⚡️

💰 Bitcoin exchanges’ BTC balances have dropped almost $10B in 2024Nearly $10 billion worth of Bitcoin has left crypto exchanges since the United States spot exchange-traded funds (ETFs) launched. Data from on-chain analytics firm Glassnode shows that since Jan. 11, exchanges are down over 136,000 BTC. Bitcoin supply dynamics continue to sway in bulls’ favor as exchanges see mass withdrawals this quarter. The U.S. spot Bitcoin ETFs have been trading for less than three months, but in that time, around $9.5 billion worth of BTC has been withdrawn from major trading platforms.

Source

🔊 @Bitcoin_Action ⚡️

After the halving in April, Bitcoin will become scarcer than both gold and real estate. I would be very surprised if the market cap of Bitcoin (slightly less than $1T) remains below that of gold (more than $10T). This suggests a BTC price of over $500k (more than $10T/20m).

Gold's S2F ratio is approximately 60.
Real Estate's S2F ratio is around 100.
Bitcoin's S2F ratio will be about 110.https://t.me/Bitcoin_Action

Great chart to visualize Bitcoin flows and outflows into the ETFshttps://t.me/Bitcoin_Action

Same data, in BTChttps://t.me/Bitcoin_Action

Bitcoin Spot ETF Flow data

Up to 2nd Feb 2024https://t.me/Bitcoin_Action

New Trade for #BSW/USDT (Chart: 1 DAY TF)BSW/USDT Looks good on 1 DAY time frame moving along Strong demand zone price has taken reversal many times from this region. Also on a breakout.

◼️Entry: $0.0905 - $0.0843

🟢 Target 1 : 0.0933
🟢 Target 2 : 0.0960
🟢 Target 3 : 0.0989
🟢 Target 4 : 0.1070
🟢 Target 5 : 0.1178

🛑SL : 0.0807

@ChartsSignalsTrading

Best Telegram Crypto Channels 2024: Explore the World of CryptocurrencyDive into the dynamic realm of cryptocurrency with our curated list of the Best Telegram Crypto Channels for 2024. Whether you're a seasoned investor or a curious newcomer, this comprehensive guide offers something for everyone. From breaking news in the crypto world to in-depth analysis of market trends, trading signals, and insights into DeFi, NFTs, and the Metaverse, these channels are your go-to source for staying ahead in the fast-paced world of digital currencies. Stay informed, make educated decisions, and join the conversation today in the ever-evolving landscape of cryptocurrency with the best resources Telegram has to offer for 2024.

1️⃣General Crypto News & Updates

- @CryptoWorldNews
- @cryptomagazine
- @Cryptocurrency_Inside
- @Crypto_Publisher
- @CryptoWorldICOs
- @Bitcoin_Magazine
- @Bitcoin_NewsTG
- @BitcoinAltcoinCryptoNews
- @Crypto_Bitcoin_Trading_News
- @Crypto_Bitcoin_Blockchain
- @CryptoWorldAnalysis
- @CryptoNewsSource
- @altcoinnews
- @Crypto_ShortNews
- @crypto_signals_charts
- @Cash_Blockchain_News

2️⃣Specific Cryptocurrency News (Bitcoin, Ethereum, etc.)

- @bitcoinnews
- @Bitcoin_Insights
- @ethereumnews
- @Bitcoin_Ethereum_Trading
- @Bitcoin_Crypto_Coin_Calendar
- @Ethereum_Merge
- @EthereumBitcoinNews

3️⃣Trading, Charts & Signals

- @Binance_Coinbase_Bybit
- @altcointrading
- @Crypto_Futures_Trading
- @Bitcoin_Ethereum_Altcoins
- @Bitcoin_Crypto_Signals
- @ChartsSignalsTrading
- @Crypto_Trading_Reports
- @Premium_Trading_Crypto_Signals
- @Signals_Charts
- @Charts_Trading
- @InvestmentTradingUpdates
- @BitcoinBreaking

4️⃣DeFi, NFTs, Metaverse

- @DeFi_ICO_Invest
- @Metaverse_Crypto_Web3_GameFi
- @DeFi_Updates
- @NFTs_DeFi
- @DeFi_Ethereum
- @Defi_Trading_Nfts_Metaverse
- @Nfts_Hype
- @Metaverse_Defi_Nfts_Trading
- @NFTs_Metaverse_Coins
- @Nfts_Defi_Metaverse_News
- @Crypto_Nfts_Metaverse
- @Facebook_Metaverse_Nfts
- @Metaverse_Nfts_WEB3

5️⃣Market Analysis & Financial Updates

- @CryptoMarketTime
- @FinancialWorldUpdates
- @Uniswap_PancakeSwap
- @Blockchain_Crypto_Bitcoin
- @Cryptocommunity
- @BitcoinsHalving
- @Stocknews
- @Tradingnews
- @Coin_Trading_News

6️⃣AI and Tech in Crypto

- @Ai_Tools_Hunt
- @ChatGPT_News_Ai

7️⃣Humor and Community

- @Bitcoin_Crypto_Memes
- @Bitcoin_Action

Bitcoin ETF Flow - Day 14

All flow data out. Net +$198m inflow for all providers.https://t.me/Bitcoin_Action