-It’s Saturday, April 13th! The Bitcoin block height has reached 839,116 and the amount of USD you can buy with 1 Bitcoin has dropped to $63,121 on news of the Iranian attempted drone attacks on Israel. Here is the news I’ve been reading from the world of Bitcoin and beyond. 🧵👇

-Peter Schiff is at it again, taking a dig at Bitcoin as its price tumbles amid rising Iran-Israel tensions. He compares BTC to "digital fool's gold" in a bear market when priced in "real gold." The crypto market cap has plummeted by over $400B in 24 hours. https://cryptopotato.com/peter-schiff-takes-a-dig-at-bitcoin-as-btc-price-tumbles-amid-rising-iran-israel-tension/

-Bitcoin fell nearly 10% on Saturday, briefly dropping below $62k before recovering to around $64k. The DeFi sector has been hit particularly hard, with depressed prices forcing liquidations. Former BitMEX CEO Arthur Hayes had warned of a potential liquidity drop. https://www.coindesk.com/markets/2024/04/13/bitcoin-falls-8-drops-below-62k-before-rebound/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

-Exciting news! Satoshi 7B, an open-source, Bitcoin-centric large language model, has been released by the Spirit of Satoshi team. It's fine-tuned on Bitcoin principles, technology, culture, Austrian economics, and non-woke political perspectives. A great educational resource! https://www.nobsbitcoin.com/satoshi-7b-open-sourced/

-RGB v0.11.0-beta5 is out, marking a significant milestone in stabilizing the new v0.11 RGB version. Key features include wallet integration, Liquid sidechain support, scripting improvements, and more. The journey towards a feature-complete public preview continues! https://www.nobsbitcoin.com/rgb-v0-11-0-beta5/

-In Clown World news, gold prices were soaring as investors sought safe-haven assets amid fears of inflation and financial instability. Bitcoin has seen a correlated increase. Will BTC's market cap eventually surpass gold's? 🤔 https://www.tftc.io/why-gold-prices-are-soaring/

-Senator Sherrod Brown is urging President Biden to ban Chinese-made electric vehicles in the U.S., citing economic threats and national security risks. He argues that heavily subsidized Chinese EVs pose an "existential threat" to the American auto industry. https://www.tftc.io/us-senator-urges-ban-chinese-electric-vehicles/

-Bitcoin's price decline has led to $256M in losses for long traders, but analysts believe it's a normal drop in this cycle. The global crypto market cap has taken an 8% hit, dropping to $2.23T. Traders are bracing for further downside. Stay safe out there! https://cointelegraph.com/news/bitcoin-price-liquidation-crypto-analysts-downside

-As the Bitcoin halving approaches, CryptoQuant reports that its effect is diminishing over time. Monthly BTC issuance has fallen to just 4% of the total supply. Analysts believe demand growth will be the key driver of prices post-halving. https://cryptopotato.com/heres-why-the-effect-of-bitcoin-halving-is-diminishing-according-to-cryptoquant/

And that's a wrap for today's Bitcoin news! I’m buying the dip. US is printing a million or so dollars for every drone or missile Israel shoots down. That isn’t a reason to buy dollars. 🚀🌕 #Bitcoin #Crypto #News