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Tamilnadu Crypto News
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By @tamil_btc
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US Government [Bitfinex Hacker Seized Fund] moved around $922 million #Bitcoin to a new address


The US Government transferred 15,085 $BTC ($921M) to 2 new wallets.

And #US Government currently holds 200.16K $BTC($12.3B).
February 2024 notched the biggest monthly candle in #Bitcoin history in dollar value.

It has been 29 months since BTC posted a monthly candle of this size in October 2021, the month before it made the current all-time high around $69,000.
BITCOIN #BITCOIN BULL MARKET

BIG RESISTANCE: $63,000 ( Monthly )
BIG SUPPORT: $30,000
NEW: #Bitcoin   has now set ALL-TIME HIGHs against 9 out of the 10 top currencies in 2024 🔥
JUST IN: 🇬🇧 London Stock Exchange to launch market for #Bitcoin    exchange traded notes on May 28.
🎉 Big News! 🎉

Nilam Resources, a company that digs up gold and other valuable metals in South America, has a huge plan.

They want to buy 24,800 #Bitcoin  which is worth about $1.7 billion! 🚀
🇺🇸 2024 will be the #Bitcoin    election
The Spot #Bitcoin    ETFs hold in total more than 1,000,000 $BTC.
This #Bitcoin    bull market is only just getting started...
Almost $700M in #Bitcoin shorts will be liquidated at $65,000!
#Bitcoin’s year-to-date net flows hit an all-time high of $19.3 billion
The #Bitcoin bullish divergence is exactly playing out!
The current #Bitcoin price action is a classic end-of-Blue-Year scenario—boring, yet crucial preparation for the explosive Red Year, the year of all-time highs. It’s like we’re back in August 2012, 2016, and 2020, gearing up for the next big wave.
JUST IN: The % of illiquid #Bitcoin supply has just hit a new all-time high!

Nearly 74% of $BTC circulating supply is now classified as illiquid, according to Glassnode data.

The Halving-induced supply shock is intensifying, tightening the squeeze as we approach the next major bull run.
JUST IN: The % of illiquid #Bitcoin supply has just hit a new all-time high!

Nearly 74% of $BTC circulating supply is now classified as illiquid, according to Glassnode data.

The Halving-induced supply shock is intensifying, tightening the squeeze as we approach the next major bull run.
As more money becomes widely available, the price of #Bitcoin will increase.