🗞️ Russell Okung Promotes Bitcoin On F1 Starting Grid • 13K Institutions Exposed To Strategy • Whales Absorb 300% Of Newly Mined BTC • Slovenia Proposes 25% Crypto Tax + Latest Bitcoin News!
Block Height: 893,378 • Bitcoin Price: $87,058
👋 Welcome to The Bitcoin Mindset Newsletter—your favourite source for insider news, essential education, and amusing entertainment!
We hope you had a wonderful weekend whether you're celebrating Easter, Passover or just the fact Bitcoin keeps on pumping out new blocks!
🔝 Top Stories
Bitcoin Empowers Communities in the Global South…
BTCPrague Goes to Washington…
Bitcoin Whales Absorb 300% of Newly Mined BTC Supply…
ESP32 Chip at Risk of Private Key Theft…
Strategy Outperforms Big Tech Stocks…
Slovenia Proposes 25% Crypto Tax…
Quantum Computers Likely to Reveal if Satoshi is Alive.…
Russell Okung Talks About Bitcoin on F1 Starting Grid…
and much much more! Subscribe now if you enjoy the content!
💬 Reader Review
“Overall, if one's looking to stay updated on BTC news, this newsletter is an excellent choice!”
📙 Bitcoiner Books
Introducing…
Cypherpunks: Freedom and the Future of the Internet by Julian Assange.
You can pick up a copy here on Amazon!
👀 Must Watch
Femi Longe of the Human Rights Foundation joins Bitcoin Magazine to discuss how Bitcoin empowers communities in the Global South, shifting the focus from speculation to survival, freedom, and real-world utility. ⬇️
BTC Prague, Europe’s biggest Bitcoin-only event will be making waves across the Atlantic, teaming up with George Washington University for a pioneering event that will bring Bitcoin innovation into dialogue with public policy. ⬇️
Investment & macroeconomic analyst Lyn Alden explains her Broken Money thesis in a short clip from The Bitcoin Podcast. ⬇️
Trump blasts Fed Chair Powell for refusing to cut rates, saying his exit “can’t come fast enough.” Warren and Treasury Secretary Bessent warn of global fallout. ⬇️
A short clip from the What Bitcoin Did podcast explains why everything around us is corroding and deteriorating. ⬇️
📰 Latest News…
Bitcoin Whales Absorb 300% of Newly Mined BTC Supply — Is $100K Next?
Bitcoin whales and sharks are now absorbing BTC at record rates—over 300% of yearly issuance—while exchanges are losing coins at a historic pace, according to Glassnode. Notably, Bitcoin’s yearly absorption rate by exchanges has plunged below -200% as outflows continue. This signals a growing preference for self-custody or long-term investment.
Sensible Limits To A Bitcoin Strategic Reserve.
President Trump officially creating a Bitcoin Strategic Reserve for the United States is unquestionably a historic moment for Bitcoin. The journey from a fringe technology on an obscure internet mailing list to an official designation within the most powerful economy in the world is profound, no matter how you slice it. Bitcoin separated from the rest of the crypto pack and received international attention after the US recognised it as a new store of value.
1,900-Year-Old Roman Papyrus Details Elaborate Tax Evasion Scheme, Research Suggests.
If you thought you would find few parallels between today's world and the world of 2,000 years ago, or you feel like you're the only one dealing with taxes on seemingly everything, think again.
Crypto Hardware Wallets Using ESP32 Chip at Risk of Private Key Theft: Report.
Cryptocurrency wallets using the Chinese-made ESP32 chip, a widely used microcontroller designed for embedded systems and connected devices, are at risk, according to cybersecurity firm Crypto Deep Tech, which flagged a major vulnerability in a recent report.
Michael Saylor’s Strategy Outperforms Big Tech Stocks with Bitcoin Returns.
Michael Saylor’s Bitcoin playbook has pushed Strategy, formerly MicroStrategy, to historic heights. The company has recorded a 2,466% stock increase since August 2020 and has outperformed leading technology companies like Nvidia, Tesla, Google and Microsoft.
Slovenia Proposes 25% Crypto Tax That Could Redefine EU Markets.
Slovenia’s Ministry of Finance released a draft bill Thursday in Ljubljana proposing a 25% tax on profits from crypto asset disposals, opening the measure to public discussion through May 5, 2025. The initiative, introduced by the Ministry of Finance Directorate for the Tax, Customs and Other Public Revenue System, is part of a broader effort to harmonize Slovenian tax law with international standards.
Brazilian Men Sentenced in $190 Million Bitcoin Investment Ponzi Scheme.
Three men in Brazil were sentenced to a combined 170 years in prison this week over a Bitcoin investment scheme that authorities say was a scam. Prosecutors say that Braiscompany deceived investors out of $190 million.
Solana May Be on Verge of Dangerous Death Cross Against Bitcoin.
The popular alternative cryptocurrency Solana (SOL), which has emerged as one of the hottest assets on the market in recent months, may be on the verge of a painful downtrend against its main counterpart, Bitcoin.
Quantum Computers Likely to Reveal if Satoshi is Alive.
Early cypherpunk Adam Back, cited by Satoshi Nakamoto in the Bitcoin white paper, suggested that quantum computing pressure may reveal whether the blockchain’s pseudonymous creator is alive. During an interview after a Q&A session at the “Satoshi Spritz” event in Turin on April 18, Back suggested that quantum computing may force Nakamoto to move their Bitcoin. That’s because, according to Back, Bitcoin holders will be forced to move their assets to newer, quantum-resistant signature-based addresses.
Charles Schwab CEO’s Crypto Countdown: ‘12 Months’ Until Takeoff.
The Charles Schwab Corporation announced plans to launch direct spot cryptocurrency trading within the next year, capitalising on regulatory shifts and client demand, while navigating macroeconomic turbulence marked by Fed rate uncertainty and tariff-related market volatility.
Over 13K Institutions Exposed to Strategy as Saylor Hints at BTC buy.
Strategy co-founder Michael Saylor hinted at an impending Bitcoin purchase by Strategy and said that more than 13,000 institutions now have direct exposure to the company.
Most Bitcoin Businesses in El Salvador Quietly Vanish from the Market.
Nearly 90% of Bitcoin service providers registered in El Salvador are not operating, according to a recent report by El Mundo, which cited data from the Central Reserve Bank, showing that out of 181 companies officially registered to offer Bitcoin services in the country, 161 are marked as “non-operating.”
’Rich Dad Poor Dad’ Author Stuns With Bitcoin Price Forecast: Over $1 Million.
Robert Kiyosaki, a prominent entrepreneur and the author of the book on personal finance management “Rich Dad Poor Dad” has published a stunning Bitcoin price prediction. He believes that BTC will exceed $1 million and explained why he expects it to happen.
😎 Cool Videos
Here’s a video that explains Bitcoin’s Proof of Work and how Bitcoin works in a really easy-to-understand way. Still, if you’re new here, it might take a couple of watches though! ⬇️
Do you want to help decentralise the network and keep your drink warm at the same time? This is the way! Made by Altair Technology. ⬇️
Yesterday, at the Saudi Arabian F1 Grand Prix, ex NFL star Russell Okung tries to get the word out about Bitcoin with reporter and ex driver Martin Brundle! Okung... What a legend! ⬇️
🔍 Community Highlights
🗣️ Timeless Quotes
“As computers get faster and the total computing proof-of-worker applied to creating bitcoins increases, the difficulty increases proportionally to keep the total new production constant. Thus, it is known in advance how many new bitcoins will be created every year in the future.” ― Satoshi Nakamoto
🧡 Meme of the Week!
⚠️ Disclaimer
The Bitcoin Mindset Newsletter is interested in low time preference thinking and how FreedomTech (Bitcoin, Nostr, encryption, the internet etc) can help build a better and freer future. Like Bitcoin, this newsletter is politically non-partisan; Bitcoin is for everyone! The content we share, including videos, memes & social media accounts, does not necessarily reflect the views of this newsletter.
We don’t cover financial advice, shitcoinery, trading tips, or get-rich-quick schemes. Fiat mindsets chase pumps—Bitcoiners build for generations. Everything here is for informational purposes only and should never be mistaken for financial, investment, or legal advice.
Being self-sovereign comes with responsibility. Don’t trust—verify. Do your own research and think for yourself. After reading this newsletter, don’t buy Bitcoin—study it.