Hello, I will talk about the recent news about Tesla, the movements with Bitcoin and other cryptocurrencies, as well as relevant events in the financial market.

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"Black Rock Tesla Earnings and Movements with Bitcoin"

Tesla Earning and Movements with Bitcoin?

• Tesla's earnings for the first quarter of the year are manifested and showing results below their expectations.

• Tesla indicates a profit per share lower than expected and some due to lower assets than expected.

• It is stated that even the Tesla company has not sold any of its 712 million dollars in Bitcoin during the first quarter of 2024.

• Despite the poor results, Tesla maintains the same amount of Bitcoin, generating reactions in the crypto market.

Impact on Cryptocurrencies?

• Following the news, a slight initial drop in the price of Bitcoin is observed.

• Black Rock ventures into Hedera Hashgraph, driving a 50% growth in its price.

Other Highlights would be ?

• The "Mr 100" wallet sells around 1000 Bitcoins after constantly accumulating this cryptocurrency.

• Low sales by Gray Scale are mentioned and the daily impact on Arcam is analyzed.

Bitcoin Transaction and Accumulation by Black Rock ?

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• A significant transaction made by Gray scale to sell bitcoin is discussed and the possible influence on the price of bitcoin due to the growing demand with ETFs is mentioned.

• It is also noted that Black Rock continues to accumulate bitcoin, although in smaller quantities than previously.

Gray scale transaction ?

• Gray scale made a transaction to sell 700 bitcoins, equivalent to 46 million dollars.

• Selling pressure decreases as Gray scale is reaching the end of its bitcoin sales.

Accumulation by Black Rock ?

• Although Black Rock continues to accumulate bitcoin, the current amount is less than in the past.

• The current accumulation of Black Rock is secondary due to the low sale of bitcoin by Gray scale.

Impact on Price and Good Momentum in Crypto?

• The possible impact of market behavior on the price of bitcoin is addressed and a positive moment in the crypto world is highlighted due to the current circumstances.

Conclusion on Price Impact

• An increase in demand is expected with ETFs, which could be reflected in an increase in the price of bitcoin soon.

• A Good Time in Crypto.

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Weekly Count Post #2 Wednesday, April 24, 2024 / time 02:22 am.