MemeMason

Building the future of memes on the blockchain | Web3 Enthusiast | Crypto Investor | #FourMeme Platform Advocate | Bridging humor and technology, one meme at a

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He says that Strategy should consider accelerating purchases as the Bitcoin supply on exchanges continues to decline.

Byworth argues that aggressively increasing Bitcoin holdings would boost Strategy’s mNAV, benefiting shareholders.

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Richard Byworth says Michael Saylor’s Strategy could ramp up its Bitcoin buys by acquiring cash-rich companies and converting their cash into Bitcoin.

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“Bitcoin broke them all last week,” Rekt Capital commented in a post on X while uploading an illustrative chart.

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BTC latest weekly candle saw a reclaim of a full three resistance lines, Rekt Capital reveals

In addition to horizontal weekly resistance, BTC/USD broke beyond a multimonth downtrend previously discussed by Cointelegraph, as well as the 21-week exponential moving average (EMA)

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While there have been instances where significant inflows coincided with or preceded Bitcoin price peaks, this has not always been the case.

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Bitcoin has displayed bullish momentum after recovering from its multimonth lows of $74,400. BTC is up 8% over the last seven days, as per data from Cointelegraph Markets Pro and TradingView.

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Evidence of whether the high spot Bitcoin ETFs inflows could signal that the price is getting close to a local top could be determined by analyzing historical data.

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Binance also witnessed exchange outflows of 27,750 BTC on April 25. Alphractal founder Joao Wedson noted that “this is the third largest Bitcoin outflow in the exchange’s history.” Although large outflows and positive price action suggest bullish tailwinds,

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This development lines up with the spot Bitcoin ETF inflows witnessed this week. Bloomberg ETF analyst Eric Balchunas suggests that institutions went on a $3 billion ‘Bitcoin bender’ over the past few days.

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BitcoinBTC$93,677 price has been consolidating within a tight $91,700- $94,490 range since April 22. However, expert opinions and indicators suggest that Bitcoin’s choppy price action could soon end. The key question remains when Bitcoin will break out of consolidation.

[MemeMason @MasomKing235]

A key contributor to Revolut’s strong performance was its wealth division, which includes stock and digital asset trading. The segment generated 506 million pounds in revenue — nearly four times higher than in 2023 — as crypto trading activity rebounded.

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Fintech giant Revolut reported a record-breaking year, doubling its pre-tax profit to 1 billion British pounds ($1.3 billion) in 2024, driven by rapid customer growth and a resurgence in cryptocurrency trading.

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According to its annual report published on Thursday, April 24, Revolut’s profit soared from 438 million pounds in 2023, while revenue jumped to 3.1 billion pounds from 1.8 billion pounds.

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A short squeeze occurs when a rapid price increase forces traders betting against the market to cover their positions, fueling further upward momentum.

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In a recent post on X, he warned that bears are showing signs of desperation, suggesting a potential short squeeze could drive BTC closer to the six-figure mark.

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US dollar weakness exhibits historic traits as three-year lows spark bullish predictions for Bitcoin and commodities.

The newest BTC hodlers are already profiting from the latest move, but speculators are waiting for a reclaimation of $91,000.

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Bitcoin is on the way up, nearing $88,000, but few market participants are willing to trust the strength of snap price moves.

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A new macro week dawns in the shadow of the US trade war, with Federal Reserve speakers lining up to take to the stage.

Gold is shattering all-time highs again, but this time Bitcoin is starting to react.

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Oracles are blockchain-based tools that relay any outside data to a blockchain, where smart contracts use them to make decisions for a financial application.

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The KiloEx exploit on April 15 unfolded across multiple blockchain networks and appeared to stem from a vulnerability in the platform’s price oracle system, per blockchain analysis firm Cyvers.