NiftyNoon: Is Bitcoin Truly Digital Gold? 🥇🟠📈
Bitcoin surpast $94,000 after Easter, marking a 20% rally since April and signaling a potential decoupling from U.S. equities as investors increasingly treat it like digital gold (April 23, 2025)
Nifty Thought:
Bitcoin surged past $94,000 after Easter, marking a 20% rally since early April and signaling a potential decoupling from U.S. equities as investors increasingly treat it like “digital gold”. The bullish momentum is fueled by rising institutional interest — with MicroStrategy and Japan’s Metaplanet adding to their holdings — a spike in derivatives open interest, and a $381M influx into Bitcoin ETFs. This shift comes amid growing uncertainty in traditional markets, a falling U.S. dollar, and political tensions between Trump and the Fed, all of which are reviving Bitcoin’s store-of-value narrative in an era of eroding confidence in centralized monetary policy.
Highlighted News:
🟠 CNBC Anchor claims Bitcoin “has decoupled from the Nasdaq”:
https://x.com/cointelegraph/status/1914801648003596678?s=46
🥇 Largest spot ETF inflows we’ve had in several weeks with $380m+ flowing into Bitcoin:
https://x.com/rookiexbt/status/1914504151028973815?s=46
🤝 SoftBank to Join Tether, Bitfinex, and Cantor to launch 21 Capital, seeded with $3B in Bitcoin and set to go public via SPAC:
https://x.com/matthew_sigel/status/1914837557386391647?s=46
👥 Introducing Clout and Fantasy Seasons:
https://x.com/fantasy_top_/status/1914745584940146944
💨 $FARTCOIN (@FartCoinOfSOL) has reclaimed $1 billion in market cap, up 100% over the last 14 days:
https://x.com/blocknewsdotcom/status/1914740515314032742
🦕 @Claynosaurz won a Webby 2025 for best trailer:
https://x.com/claynosaurz/status/1914640094931144918?s=46
Project and Community News:
Tesla $TSLA reveals none of their $1,050,300,000 Bitcoin was sold in Q1 2025: https://x.com/WatcherGuru/status/1914773549635830120
El Salvador adds more to Strategic Bitcoin Reserve: https://x.com/bitcoinofficesv/status/1914782617024528701
Trump’s former @SECGov Chair Jay Clayton has taken his position as interim U.S. attorney for the Southern District of New York: https://x.com/EleanorTerrett/status/1914781464987676748
It seems that Galaxy Digital is selling $ETH and buying $SOL: https://x.com/lookonchain/status/1914492078236811451?s=46
One fun way to scale L1 - top smart contracts become precompiles: https://x.com/haydenzadams/status/1914757294312841722?s=46
Coinbase will add support for tokenbot (CLANKER) on the Base network: https://x.com/coinbaseassets/status/1914715795893919801?s=46
INIT Tokenomics revealed: https://x.com/initiafdn/status/1914309728093831407?s=46
POL accrues value as a utility token for Agglayer and Polygon, while stakers earn from doing the work: https://x.com/0xpolygon/status/1914717769519505749?s=46
All BAYC, MAYC, Koda and BAKC NFTs are now supported by Shadows, a soulbound digital twin that can be used to prove your ownership on ApeChain: https://x.com/yugalabs/status/1914363571280159172?s=46
Taking a look at Zora contracts to see how it works under the hood: https://x.com/0xyoussea/status/1914375417873703074?s=46
Introducing the Abstract Games, kicking off on May 5th: https://x.com/abstractchain/status/1914786325552869659?s=46
introducing LegibleMath.sol: https://x.com/bantg/status/1913027956244361245?s=46
$BOI is launching tomorrow, April 23 between 22:00 and 00:00 UTC on LFJ: https://x.com/boithebear/status/1914740053873471830?s=46
TERMINAL, the most deranged Autonomous Economy from @dxrgai is coming soon: https://x.com/poof_eth/status/1914758744883519618?s=46
Chainlink on Monad mainnet day 1: https://x.com/monad_xyz/status/1914652803957469318
Asset recovery is now live for Solana on Coinbase: https://x.com/coinbasepltfrm/status/1914323037081538813?s=46
@Pudgypenguins $PENGU 20% up today: https://x.com/DogeshiKun/status/1914751309380485420
The RENGA Spring/Summer 2025 Collection Presale is LIVE: https://x.com/RENGA_inc/status/1914363089757102129
NFT collecting has evolved significantly in recent months, but few collectors have adapted: https://x.com/SignoreGondi/status/1914786347644280937
Quick Stats:
👾 Blur ETH Daily Volume: 1,359 ETH (▲ 77.06%)
🌊 OpenSea ETH Daily Volume: 1,198 ETH (▲ 25.08%)
🟠 BTC : $93,927.40 (▲ 5.04%)
🔷 ETH: $1,813.20 (▲ 10.56%)
🟣 Solana: $152.67 (▲ 7.56%)
🟪 Polygon: $0.22 (▲ 2.54%)
Top NFT Sales:
CryptoPunks #2301: 134.00 ETH
CryptoPunks #7161: 49.00 ETH
CryptoPunks #1762: 47.49 ETH
NFT Daily Winners:
🐵 NodeMonkes: 0.04 BTC (▲ 10.93%)
🧦 Bitcoin Puppets: 0.04 BTC (▲ 7.67%)
👩🏻 Milady Maker: 3.19 ETH (▲ 7.55%)
🐧 Pudgy Penguins: 10.18 ETH (▲ 4.41%)
🚬 CryptoPunks: 43.69 ETH (▲ 4.02%)
💼 Ordinal Maxi Biz: 0.02 BTC (▲ 1.80%) 🍭 Mocaverse: 1.93 ETH (► 0.00%)
NFT Daily Losers:
😡 Mad Lads: 45.00 SOL (▼ 0.04%)
🏴☠ Captainz: 0.70 ETH (▼ 0.67%)
🏳🌈 Chromie Squiggles: 4.33 ETH (▼ 1.37%)
⛩ Azuki: 2.63 ETH (▼ 2.96%)
🦧 Bored Ape Yacht Club: 13.50 ETH (▼ 3.43%)
👾 Tensorians: 2.29 SOL (▼ 4.58%)
🐱 Quantum Cats: 0.04 BTC (▼ 9.96%)
Notes:
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