Excitement is brewing in the heart of Asia as Hong Kong regulators pave the way for a new era of innovation with the recent approval of spot Bitcoin exchange-traded funds (ETFs). This groundbreaking development underscores Hong Kong's commitment to becoming a regulated hub for Bitcoin. At the same time, the Bitcoin Conference is bringing the best and brightest Bitcoiners from around the world to Hong Kong for Bitcoin Asia.

Since the halving on Friday, Bitcoin's stock-to-flow ratio has exceeded that of gold.

The story of an anonymous developer who fixed a critical flaw in Bitcoin's code.

Billionaire and American venture capitalist Tim Draper said in a recent interview that with the widespread adoption of Bitcoin and the weakening of the US dollar, the price of Bitcoin could rise to $10 million. Tim Draper said, "(Bitcoin prices in the future could rise to) $250,000 or $1 million, $2 million, or even $10 million."

A mid-term approach to price modelling Bitcoin is something entirely new, something never before observed. Because of this, many of the trusted tools in our financial toolkits might simply not do a very good job of modelling its performance, and it’s causing apprehension among analysts who are used to deploying certain modelling tools to make sense of asset pricing.

The market shows BTC has fallen below $62,000, now reported at $61,950, with a daily decline of 6.75%. The market is volatile, please be prepared for risk control.

According to Coinglass data, the nominal value of open BTC option positions on the entire network is $21.03 billion, and the nominal value of open ETH option positions is $9.35 billion.

Matrixport expressed that some people believe the market may be on the verge of a rise in altcoins. Despite the significant increase in some meme coins and altcoins, based on the market share of Bitcoin, this bull market may still be in its early stages, indicating relatively limited growth in other cryptocurrencies and an increasing market share for Bitcoin.

A person who mined Bitcoin early on moved 50 BTC, worth over $3 million, after 14 years of not touching them. The transfer included sending some of the Bitcoin to the Coinbase exchange. This is one of the few instances of Bitcoin from the "Satoshi era" being moved, with other significant transfers happening in 2023. The miner received the Bitcoin as a reward in April 2010, during the period when Bitcoin's creator, Satoshi Nakamoto, was active on online forums.

Since 2024, the Bitcoin ecosystem has witnessed a large influx of capital into startups. According to Crypto-fundraise.info data, in the past few months, a total of 43 projects centered around Bitcoin have raised a total of $127.19 million in financing.

US Senator Marsha Blackburn answered some questions about Bitcoin at a Bitcoin policy summit on Tuesday. The senator was asked what attracted her to Bitcoin, given her background in advocating for consumer rights and privacy. Marsha Blackburn replied, "Bitcoin has many attractive features for me. Firstly, when you talk about freedom and privacy, Bitcoin allows individuals to enjoy these. In addition, Bitcoin's decentralized nature, without government intervention, is also important for people." Currently, one of the hot issues on Capitol Hill is raising credit card fees. People are beginning to pay attention to how expensive it is to use credit cards. Therefore, this provides them with another option, which relieves them of the burden of paying heavy card fees. The senator pointed out that she has "been committed to consumer rights and consumer protection issues for many years," and emphasized that Bitcoin "is a very good and reliable choice." As we move forward, people are becoming more and more familiar with Bitcoin, and more and more accustomed to using it. There will be more transactions accepting Bitcoin as a payment method in daily life. Bitcoin is a reliable choice for protecting consumer rights and consumers.

According to market data, Bitcoin has risen above $69,000, currently trading at $69,003.52, with intraday losses narrowing to 3.12%. The market is volatile, so please be prepared for risk control.

The Bitcoin block reward is forecast to halve on April 20th. This is seen as a bullish catalyst for crypto markets. I agree that it will pump prices in the medium term; however, the price action directly before and after could be negative. The narrative of the halving being positive for crypto prices is well entrenched. When most market participants agree on a certain outcome, the opposite usually occurs. That is why I believe Bitcoin and crypto prices in general will slump around the halving.

Messari has released its Q1 2024 Bitcoin State of the Market report, which shows that BTC's price has increased by 69% to $71,310 compared to the previous quarter, reaching a new historical high in April as the new halving cycle approaches. The success of spot BTC ETFs is a driving factor in the price trend, with over $12 billion in inflows in the first quarter. Spot BTC ETFs currently hold 831,000 BTC, or $59 billion. Transaction fees and costs have decreased by 40% and 60% respectively. However, NFT exchanges still have daily sales of over $10 million. The April halving will bring the launch of the Runes token protocol and Epicsat. Miner income (in USD) has increased by 34% compared to the previous quarter, and miners are exploring glyphs and MEV as additional sources of income. Some miners have already conducted bulk sales to meet the needs of Ordinals builders. The TVL of programmable Bitcoin layers has increased by 127% compared to the previous quarter. Dozens of new layers are being built to expand Bitcoin and increase its programmability, with many layers exploring BitVM-based bridging and state verification.

Bitcoin ecosystem GameFi platform Bitcoin Cats announced the launch of an upgraded $1CAT staking and points system. Users can earn points by staking 1CAT assets, which will determine eligibility for future airdrops. After staking 1CAT assets, users will gradually accumulate points in five stages: 24 hours, 7 days, 30 days, 90 days, and 360 days, each corresponding to a different points multiplier.

QCP Capital, a crypto market maker, stated in their latest market report that despite limited fluctuations in Bitcoin prices over the past week, market sentiment is turning bullish on Bitcoin due to the following five reasons:

Binance NFT marketplace will cease supporting trades and deposits of Bitcoin Ordinals on April 18.

As I’ve said many times before. Everyone and every nation will eventually capitulate to Bitcoin. The latest nation to capitulate is Great Britain, whose army of anti-Bitcoin propagandists has just received orders from The Motherland that Bitcoin is to be fully embraced.

The Bitcoin L2 network Mirror Staking Protocol announced that its testnet is now online.

According to official data from BlackRock, as of March 28th, the holdings of its physical Bitcoin ETF, IBIT, have reached 252,011.4093 BTC, with a market value of approximately $17,832,735,583.58, setting a new historical high. The current number of circulating shares has risen to 440,040,000.