#btc

Bitcoin's current price is around $94,456.25, with a 0.65% decrease from the previous day. Here are some key updates¹:

- *Coinbase's Bitcoin Yield Fund*: Coinbase will launch its Bitcoin Yield Fund on May 1, offering 4%-8% returns for institutional investors.

- *Abu Dhabi Partnership*: The Stacks Asia DLT Foundation's partnership with Abu Dhabi Global Market aims to ease institutional participation in the Bitcoin economy.

- *Bitcoin Reserve*: Arizona's House of Representatives approved bills to establish a cryptocurrency reserve.

- *Market Trends*: Bitcoin's supply nears 90%, potentially driving a rally toward $115,000, while BlackRock's ETF may provide structural support for price appreciation.

- *Mining Operations*: Phoenix Group added 52 megawatts to its Ethiopian Bitcoin mining operations.