The end of the US dollar

Trump says that the dollar is crashing

Welcome to the Coinsauce Weekly Roundup! The crypto newsletter 🗞️ that gives you the latest news, interesting stories, and memes - all in a small, bite-sized email. 📨

This week in crypto:👇

  1. A mysterious Easter egg has been found in every macOS manufactured in the last five years.

  2. Updated bitcoin holdings of Microstrategy, which might give you major FOMO.

  3. The fall of Paxful, a renowned P2P Bitcoin trading exchange.

  4. Elon Musk & his never-ending antics revolving around dogecoin.

  5. Donald Trump's controversial views on the US economy and the global currency.

  6. The most important dates in April that could determine the short-term price action for bitcoin & other cryptos.

Prices as of 12:30PM ET

An Easter egg Re-discovered! 👀

What could be hidden in every Apple Mac computer manufactured since 2018, running macOS Catalina or newer? Of course, the Bitcoin Whitepaper! An Easter egg, on Easter! 💫

Andy Baio, the former CTO of Kickstarter, uncovered the mysterious Easter egg recently. However, this is not the first time it’s been sighted. Twitter user Joshua Dickens, a former Apple Product Designer, first discovered the white paper lurking in MacOS in 2020, but his tweet did not gain much traction.

To access the document, Mac users can Go to Terminal and type the following commands 👇

open /System/Library/Image\

Capture/Devices/VirtualScanner.app/Contents/Resources/simpledoc.pdf

Very few companies in the world assess every pixel and every byte of data on their system as carefully as Apple does. So, we wonder if this can be passed as a random mistake, or could there be a Bitcoin maximalist sitting in one of Apple's most influential positions? How's that for a modern conspiracy theory, eh?

If you are of the lucky few who can access this document, we would strongly recommend you not only to try & open it but also study & understand it in detail 💯

MSTR & their updated Bitcoin holdings 💪

After purchasing 6,455 BTC for $150 million at an average price of $23,238 per coin between Feb. 16, 2023, & March 23, 2023, Michael Saylor's MicroStrategy purchased yet another 1,045 BTC for $23.9 million at an average price of $28,016 over the past two weeks.

As of today, the company now holds a total of 140,000 BTC, acquired for $4.17 billion at an average price of $29,803 per BTC 🤑

The company now holds 0.66% of all bitcoin that will ever exist!

Talk about going all in on something! Come the next bull run, the company's Bitcoin bet could very well turn out to be the best bet since the guy who bet that Leicester City would win the Premier League in 2016❗

The Fall of Paxful ⤵️

Yet another one bites the dust! After LocalBitcoins & Local Cryptos, Paxful, another renowned P2P bitcoin trading exchange with a community of over 11 million users, was the latest platform to halt its operations due to regulatory uncertainty revolving around cryptocurrencies in the USA 😓

Despite weathering through a crypto winter & multiple CeFi crashes, regulatory uncertainties & departure of key C-suite staff members led to the fall of this OG platform.

However, even the darkest of clouds have a silver lining 🌥️ The platform’s CEO, Ray Youssef, is being lauded as a "Ray" of Hope for the industry on social media for the way the exit is being handled. While most of the exchanges & banks are struggling to provide withdrawal of user funds, Paxful is allowing 100% withdrawal, even on exit.

No drama... No issues... Pure Class! 👌

Elon Musk & Dogecoin Affair 🐶

Elon Musk has done it again! His romance with Dogecoin continues, as this time, he decided to level up & make headlines by changing not his profile picture, but rather, the very logo of the desktop version of Twitter itself to the Doge logo 🐶 The move sent the social media platform into a frenzy, with fans and followers speculating on what it could mean for the future of the meme-inspired cryptocurrency.

Musk has been a vocal supporter of Dogecoin for some time now, and his tweets about the coin have often caused its value to skyrocket. This time around was no exception, as his move caused the price of the token to surge by around 37% within 2 hours 🔝

But what does this mean for the future of Twitter? Some have speculated that it could lead to a surge in interest in Dogecoin, hinting at the possibility of Twitter integrating Doge as part of its tipping feature 🤔. In contrast, others think it's just another playful move by Musk.

Whatever the case may be, one thing is for sure: Elon Musk continues to be one of the most influential figures in the world of tech and finance, and his every move is closely watched 🧐 by fans and critics alike, be it in the crypto verse, or in TradFi!

Former President Donald Trump weighs in on his views on the US economy 🤔

Believe it or not, Musk is not the most controversial public figure you will read about in this newsletter. Yes, you guessed it right❗

In one of Donald Trumps most recent rallies in Florida, he was spitting facts (literally) when he said that the US was currently in "chaos" with "the collapse of the economy, and inflation spiralling out of control" 💀

"Our currency is collapsing, and soon, the dollar will no longer be the global currency. It is an unprecedented defeat in 200 years, and this will take us away from our status as a great power", he quoted.

The BRICS collective, comprising Brazil, Russia, India, China and South Africa, is working on a currency to ditch the US dollar and push back against America’s dominance.

The DXY currently stands at 102, i.e. ~11% lower than its most recent high of 114.7 in September 2023 ⬇️

Dates to watch out for in April 🧐

If you've made it this far, it is only fair that we leave you with some Alpha! Here are some important dates & events that you need to remember in April that could cause short-term volatility in the prices of crypto assets 👇

  • April 7th: US Non-farm Payrolls Data Release.

  • April 12th: Ethereum Shanghai Hard Fork.

  • April 12th: FOMC Minutes & USA CPI Data Release.

  • April 13th: USA PPI Data Release.

  • April 27th: USA GDP Report Data Release.

Our fellow long-term HODLers, however, need not worry about such short-term volatility. They can relax and enjoy our inner Eminem 🤟 supporting their "HODL Mentality" with this (not so) epic rhyme!

"If you want to make your wealth grow, HODLing Bitcoin is the way to go!”

Trading may bring highs and lows, But HODL keeps your wealth in tow!" (Mic Drop🎤)

Meme of the day

When you invest in Doge after Elon,s tweet only to see your portfolio -10% 2 days later

And that's a wrap for this week’s Coinsauce’s News Roundup edition! 📰 We hope you enjoyed reading it and found it informative and thrilling. Don't forget to stay tuned for next week’s issue, where we'll bring you even more exciting news and updates. Until then, keep exploring and studying Bitcoin 🙇‍♂️

Disclaimer: This newsletter is for educational purposes only and does not constitute financial advice or an offer to buy or sell assets. You must exercise caution and conduct your research before making any financial decisions.

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