This Week's ⚡️ Quick Bits & 🎥 Quick Media Digest

Sponsored by

Greetings Bitcoiner,

Welcome to issue #62 of the Bitcoin Breakdown, where we are grateful to have enemies as incompetent as Greenpeace.

📣 You can now also read our weekly issues on Meco, an iPhone and web app designed for clean, uncluttered newsletter reading which enables you to collect all your favorite newsletters together.

📣 Kindly please move this email to your Primary folder in your Inbox if it ended up somewhere else.

Happy readings! 👽️ 



What’s the secret to staying ahead of the curve in the world of AI? Information. Luckily, you can join early adopters reading The Rundown– the free newsletter that makes you smarter on AI with just a 5-minute read per day.

*You can also advertise with us here.



  • Japan's Government Pension Investment Fund, the world's largest pension fund managing over $1.5T in assets, announces it will explore diversification using Bitcoin.

  • Greenpeace tries to avoid being embarrassingly community noted on X by blocking detractors after publishing XRP-funded report attacking Bitcoin.

  • Argentines flock to Bitcoin as a safeguard against severe inflation, which is at 276%.

  • Richard Teng, Binance CEO, predicts Bitcoin will surpass $80,000 fueled by institutional investments through Bitcoin ETFs (well, duh - Ed).

  • Trezor CEO Matej Zak says Bitcoin ETFs are making Coinbase a ‘honeypot’ for hackers and governments.

  • Michael Novogratz, Galaxy Digital CEO, predicts Bitcoin's new floor price is unlikely to drop below $55,000, signifying market stability despite recent turbulence.

  • MicroStrategy acquires an additional 9,245 bitcoins for $623M, bringing its total holdings to over 214,246 BTC, exceeding 1% of the total supply.

  • JP Morgan raises Riot Platforms stock to Overweight from Neutral, anticipating a 35% stock upside based on Riot's projected increase in Bitcoin mining capacity.

  • Bitdeer, a bitcoin mining company based in Singapore, aims to raise $750M through securities offerings.

  • Adam Back, CEO of Blockstream, calls for reconciliation with fellow Bitcoin OG Roger Ver, urging him to return to Bitcoin despite Ver's advocacy for Bitcoin Cash in his new book.

  • Human Rights Foundation allocates $500,000 in Bitcoin Development Fund grants across 14 projects, particularly in Latin America, Asia, and Africa.

  • Brian Armstrong, Coinbase CEO, states they custody 90% of Bitcoin ETF assets.

  • Argentine Senate approves a law establishing a registry for cryptocurrency service providers, requiring companies to provide customer information to government authorities.

  • CipherTrace, the blockchain analysis company owned by Mastercard, confirms it's discontinuing key products but provides no additional details regarding its reasoning.

  • James Howells, a computer expert who mistakenly discarded a hard drive containing Bitcoin in 2013, now valued up to £1.5B, launches a legal battle to retrieve it from a council landfill.

  • Standard Chartered revises its year-end Bitcoin forecast to $150,000, with a 2025 peak of $250,000.

  • Grayscale's GBTC spot Bitcoin ETF experiences a record daily outflow of $642.5M.

  • Bitcoin Virtual Machine, a layer 2 project, introduces Truly Open AI, that enables users to deploy AI models on the blockchain.

  • Unknown whale dumps over 400 BTC on the BitMEX BTC/USDT spot market, causing prices to briefly plummet to $8,900.

  • The IMF urges Pakistan to impose a capital gains tax on cryptocurrency investments as part of the conditions for a $3B bailout.

  • Bitcoin ETFs gain interest from retail investors considering the average trade size for BlackRock's IBIT, the largest spot bitcoin ETF, is around $13,000.

  • On-chain data indicates significant accumulation by whales and sharks amounting to 328,000 BTC in one month amid a split sentiment among HODLers.

  • TradingShot suggests Bitcoin could reach $330,000, deviating from historical patterns, and potentially impacting the digital asset market.

  • SEC Chairman Gary Gensler sows uncertainty by suggesting Ethereum may be classified as security rather than a commodity.

  • Steve Wozniak, Apple co-founder, wins court ruling against YouTube over doctored videos of him circulated on the platform promoting a Bitcoin scam.



Bitcoin Perception specializes in delivering comprehensive analyses of how Bitcoin is perceived across online platforms and media discussions by tracking the volume and tone of Bitcoin mentions, monitoring key topics, and measuring trends.

Their nuanced insights into Bitcoin's standing in the public eye go out every week - subscribe here.

*You can find more here.



  • TradingView shows a strong correlation between Bitcoin and NVIDIA, with the highest correlation in over a year (March 15 | 1:04 min watch).

  • ICYMI: Alex Gladstein of the Human Rights Foundation explains in two minutes why Bitcoin matter to human rights (Jun 25, 2020 | 2:07 min watch).

  • Cathy Wood, CEO of Ark Investment Management, discusses Bitcoin's role as the foundation of the new financial world, comparing Bitcoin's significance to that of the internet in the 1990s (March 18 | 8:54 min watch).

  • Bisq, the peer-to-peer Bitcoin decentralized exchange, introduces Bisq 2, a new upgraded beta that comes with improved user-friendliness, flexibility, and privacy (March 16 | 10:43 min watch).

  • ICYMI: Academy of Ideas, a popular YouTube channel, explores the detrimental effects of inflation on society, drawing parallels between historical examples such as Ancient Rome and contemporary economic policies (October 11, 2023 | 12:46 min watch).

  • Rapha Zagury, CIO of Swan Bitcoin, discusses with Peter McCormack on the What Bitcoin Did podcast in this excerpt how Bitcoin could 100X from here if it captures even a small percentage of the monetary premium of assets like gold, stocks, bonds and real estate, making it the best asymmetric bet on the planet (March 17 | 19:30 min watch).



You currently have 0 successful referrals. That’s only 1 away from receiving 5,000 satoshis paid directly to you before you can also start receiving our killer swag, freely delivered anywhere in the world!


Or copy and paste this link to refer people:





  • Attention European Plebs, don’t miss out on the European Halving Party at #840,000 on April 19-21 celebrating bitcoin’s culture in Warsaw. Get 12% of if you use coupon BTCBREAKDOWN

  • Bringin offers a secure platform for buying, selling, and converting Bitcoin to Euros, with direct transfers to bank accounts or virtual debit cards, featuring unique off-ramping options and preventing account freezes with dedicated IBANs for each user.

  • Australia's premier Bitcoin only experience, Bitcoin Alive, is back on March 23 in Sydney, Australia (the code BTCBREAKDOWN gives you 10% off of single tickets for both fiat and BTC payments).

  • You also don’t want to miss BitBlockBoom, April 11th-14th 2024 in Dallas, Texas (get 10% off of tickets if you use code btcbreakdown).


Thank you for reading!

How did you like this week's newsletter?

(When voting, please also indicate the reason for your choice on the next page)

Login or Subscribe to participate in polls.

If you received it from a friend and would like to subscribe, you can do so here:

Until our next transmission,



Support independent Bitcoin content and consider leaving a Lightning tip:

Join the conversation

or to participate.