Bitcoin's delayed halving effect, lots more ETFs coming, money transmitting businesses?

Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin continues its slow slide down (today hovering around $61-62k), which most analysts are describing as normal consolidation before the next leg up. The fundamentals are so strong with Bitcoin right now that it’s obvious that Bitcoin will be going MUCH higher over the next 18 months-ish.

Bitcoin closed down 4 weeks in a row and is on track for another red candle this week. The last time it did this was in the middle of the bear-market when it fell -42% in 9 weeks. Looks like consolidation to me. 🤔. POST: https://twitter.com/BTC_Archive/status/1784873734207127698

NEW: 🟠 91% of all #Bitcoin addresses are in profit 🙌. POST: https://twitter.com/btc/status/1785006336004046937

NEW: 🟠 91% of all #Bitcoin addresses are in profit

With declining transaction fees, miner revenue drops from 900 to 450 a day — delayed Halving effect. #Bitcoin. POST: https://primal.net/e/note1kgpyn6f75upgckmmnech0avv0egt6sk86d8dtrs2mlny24k4mgyqanpd3g

With declining transaction fees, miner revenue drops from 900 to 450 a day - delayed Halving effect. #Bitcoin

ADOPTION:

🚨 JUST IN: Morgan Stanley has filed with the SEC to get #Bitcoin ETF exposure for *12* of its funds. Soon to be sold by their 15,000+ brokers. POST: https://twitter.com/Julian__Fahrer/status/1784977959247544515

JUST IN: Morgan Stanley has filed with the SEC to get #Bitcoin ETF exposure for *12* of its funds. Soon to be sold by their 15,000+ brokers

JUST IN: 🇭🇰 Hong Kong’s Bitcoin and Ethereum ETFs inflows expected to be up to US$300 million tomorrow on the first day. — far more than the $125m first-day issuance in the United States for #Bitcoin ETFs - WuBlockchain. POST: https://twitter.com/RadarHits/status/1784977061049774347

JUST IN: 🇦🇺 Australia to approve #Bitcoin ETFs year - Bloomberg. POST: https://twitter.com/BTC_Archive/status/1784871059788796267

MONEY TRANSMITTING BUSINESSES??:

JUST IN: The US’ response to the defense's motion for dismissal in the Tornado Cash case is out. It argues that a company doesn't need to "control" funds to be considered a money transmitter business. This development could have significant ramifications for the Samourai case. POST: https://primal.net/e/note1sy3fgdthmkjvezja07f3xldjcrd87xskljdwnthfawpqghur8n0sger6q8

The US' response to the defense's motion for dismissal in the Tornado Cash case is out. It argues that a company doesn't need to

Wasabi Wallet-Developer Blocks U.S. Citizens and Residents After Samourai Wallet Arrests. .S citizens residing abroad are also banned from using the service. ARTICLE: https://www.coindesk.com/policy/2024/04/29/wasabi-wallet-developer-blocks-us-citizens-and-residents-after-samourai-wallet-arrests/

KEEP CALM AND HODL:

Samson Mow: Keep calm and HODL #Bitcoin. Everyone seems to be overreacting to the Samourai arrests, the FBI PSA, and Phoenix leaving the US. Here's my attempt to break it down. POST: https://primal.net/e/note13xrpfjjc39z8ky9y55r7w3jxfel8g47vhkd76k3m2lczxj4cn59skgcc5z

Michael Saylor: #Bitcoin represents the singularity where engineering, science, and mathematics crashes into economics and politics. Now economics is going to be an science or engineering discipline, not an art or pseudo-science. POST: https://twitter.com/BTC_Archive/status/1784651238753112467

FIAT/GOVERNMENT NONSENSE:

Republic First Bank Officially Collapses, Seized By Regulators. Republic First Bank has officially collapsed and has been seized by regulators. The FDIC announced Friday that the Bank was closed by Pennsylvania state regulators. The collapse of RFB is the first US Bank failure this year. ARTICLE: https://watcher.guru/news/republic-first-bank-officially-collapses-and-seized-by-regulators

Central Banking Leads to Communism #Bitcoin. POST: https://twitter.com/xelloxwallet/status/1785003661405409303

NEW: 🇷🇺 Russia is NOT banning #Bitcoin or crypto, says the lawmaker who actually drafted the new legislation. Russia is banning the creation of domestic crypto exchanges and payment services. POST: https://twitter.com/RadarHits/status/1784944839978586402

Russia is NOT banning #Bitcoin or crypto, says the lawmaker who actually drafted the new legislation. Russia is banning the creation of domestic crypto exchanges and payment services

#Bitcoin is the peaceful revolution. POST: https://twitter.com/TheBitcoinConf/status/1784992502723793243

Bitcoin is the peaceful revolution

“SATOSHI ACTION” BITCOIN ADVOCACY:

Thank you @itsdono for the donation! If you want to join Donovan you can donate here: https://donorbox.org/satoshiaction

Satoshi Action Bitcoin advocacy - Thank you @itsdono for the donation! If you want to join Donovan you can donate

MINING:

Ocean Mining @ocean_mining: It's time for Lightning⚡️ and it's time for BOLT12🔩. As of today, OCEAN miners can attach a BOLT12 offer to their #Bitcoin address and get paid out over Lightning! POST: https://twitter.com/ocean_mining/status/1784983835492360312

NEW YORK CITY’S ONLY BITCOIN DIVE BAR:

Pubkey Bar — You wouldn’t know it, but this was his first time ever paying in #bitcoin. POST: https://primal.net/e/note1pqheh0tz5vvc3rzpsdr8m9jud9et5z0dqhrvs2w626ucfg4ctnhq7fz445

PRIVACY:

SimpleX Chat v5.7.0: Quantum Resistant End-to-End Encryption. SimpleX Chat is a free and open-source messaging platform that has no user identifiers and is private by design. Available on Android, iOS, Linux, Windows and macOS. ARTICLE: https://www.nobsbitcoin.com/simplex-chat-v5-7-0/