🌍 #BTC According to CoinGecko, governments held over 463,000 BTC in April 2025, with the US remaining the largest holder, with 198,012 BTC (~US$ 18.3 billion). $BTC
📊👀 CQ: Despite #BTC jumping more than 20% from its recent low, the funding rates for Binance futures remain extremely negative... The current sentiment of investors and price behavior suggest that BTC is likely to break its previous records.
The Binance heat map shows a strong accumulation of short position liquidations around US$ 100 million for Bitcoin. Liquidity clusters like this tend to act like magnets, attracting the price towards them. If BTC continues to rise, this could trigger a short covering cascade.
Open interest in perpetual Bitcoin swaps has risen to 281,000 BTC, marking a 15.6% increase since the beginning of March. This increase indicates a growing leverage as prices recover, setting the stage for potentially high volatility driven by liquidations and stop-outs.
🗞The SHIB team burned 15,209,808 #SHIB in 24 hours, increasing the burn rate by 1,868%, reducing the supply. The price of SHIB fell by 5.2% after a brief rise of 10%. $SHIB
🗞BlackRock invests $240 million in Bitcoin and $54 million in Ethereum, increasing institutional confidence and driving the rise of the cryptocurrency market. $BTC
🇧🇷 Hashdex launched XRPH11, the world's first spot XRP ETF in Brazil. The ETF tracks the Nasdaq XRP Reference Price Index, with 95% of its assets allocated in XRP. $XRP
ETH’s performance has suffered from lower investor demand compared to BTC. The ETH/BTC ratio has fallen
75% from 0.080 at The Merge (September 2022) to 0.0196 today – the lowest level since January 2020, with only 500 of the 3,531 trading days recording lower values. Unlike typical bull markets, this cycle has not seen substantial periods where ETH has outperformed BTC, marking an unusual departure from historical patterns.