Hello Crypto Enthusiasts!

Glad to have you back for another edition of the UseTheBitcoin.com newsletter.

1. Robert F. Kennedy Jr.'s Blockchain Budget: Independent U.S. presidential candidate Robert F. Kennedy Jr. proposes putting the entire U.S. budget on the blockchain to enhance government transparency.

2. Elon Musk's X Payments: Elon Musk's vision for X payments aims to transform the platform into a comprehensive financial ecosystem, allowing users to send money, make purchases, and earn interest within the app.

3. MemeCoin Pepe Makes Waves on Coinbase: Ethereum meme coin Pepe experiences a significant surge in value following its listing on Coinbase's perpetual futures platform.

4. Ledger Live Partners with MoonPay: Ledger Live partners with MoonPay to enhance the accessibility and ease of cryptocurrency transactions for users. The partnership includes educational initiatives and the launch of a limited-edition Ledger x MoonPay Nano X hard wallet.

5. 💡Feature of the Day - First Tokenized T- Bills for Retail Investors: Woo X cryptocurrency exchange introduces tokenized United States Treasury Bills (T-Bills) for retail investors, allowing them to earn stable yields on their USDC holdings backed by T-Bills.

6. 📈Technical Analysis Masterclass - Are you looking close at memecoins? There’s a significant update around Shiba Inu! Watch UseTheBitcoin’s latest Youtube video “Whale Alert in Shiba Inu” for a more in-depth look with our in-house technical analysis expert!

   
   All this and more in today’s headlines!

📰 News Highlights:

📊 Robert F. Kennedy Jr.'s Blockchain Budget [Source]

Independent U.S. presidential candidate Robert F. Kennedy Jr. is advocating for a groundbreaking overhaul of government transparency by proposing to put the entire U.S. budget on the blockchain.

Kennedy's vision, unveiled during a rally in Michigan, aims to empower citizens with unprecedented access to government spending, enabling every American to scrutinize budget items around the clock.

However, Kennedy acknowledges the potential drawbacks of such transparency, cautioning against the misuse of data for surveillance purposes. Despite these concerns, Kennedy remains steadfast in his support for blockchain technology, previously proposing to back the U.S. dollar with reserves of Bitcoin.

💳 Elon Musk's X Payments [Source]

Elon Musk's vision for X payments is poised to revolutionize the way users interact with the platform, transforming it into a comprehensive financial ecosystem. Users can look forward to a range of features, including the ability to send money to other users, make purchases in stores, and earn interest on their account holdings.

X's payments chief information security officer, Christopher Stanley, envisions a future where users can seamlessly conduct all financial transactions within the app, eliminating the need to withdraw funds altogether.

Despite initial excitement surrounding the potential integration of cryptocurrencies into X payments, Musk has tempered expectations, indicating that the platform will initially support fiat currencies.

🐸 MemeCoin Pepe Makes Waves on Coinbase [Source][Source][Source][Source]

Ethereum meme coin Pepe is defying market trends with a remarkable surge in value following its listing on Coinbase's perpetual futures platform. Despite the relatively calm state of the crypto market, Pepe has emerged as one of the top performers, experiencing a significant spike in price and trading volume.

Technical indicators suggest a positive trend for Pepe, with signs of a potential recovery from previous corrections.

The coin's price surge is buoyed by anticipation surrounding the launch of perpetual futures contracts on Coinbase, which is expected to further fuel demand for Pepe.

As the crypto community eagerly awaits the trading debut of Pepe on Coinbase, enthusiasm for the meme coin continues to grow on social media platforms.

🔄 Ledger Live Partners with MoonPay [Source][Source][Source]

Ledger Live's partnership with MoonPay marks a significant step towards enhancing the accessibility and ease of cryptocurrency transactions for users.

The integration of MoonPay's instant-buy and swap services within Ledger Live's platform streamlines the process of purchasing and exchanging digital assets, providing users with greater flexibility and convenience.

Additionally, the collaboration extends to educational initiatives, with Ledger Academy offering comprehensive tutorials and learning resources focused on cryptocurrency trading and MoonPay's services.

The launch of a limited-edition Ledger x MoonPay Nano X hard wallet further solidifies the partnership between the two companies, offering users a secure and user-friendly solution for managing their crypto assets.

💡 Feature of the Day: 

💰 First Tokenized T-Bills for Retail Investors [Source][Source]

Woo X cryptocurrency exchange has introduced a groundbreaking initiative by offering tokenized United States Treasury Bills (T-Bills) to retail investors. Through its RWA Earn Vaults, users can earn stable yields on their USDC holdings backed by U.S. Treasury Bills, providing a secure and predictable investment opportunity.

The partnership between Woo X and OpenTrade, along with the significant inflow of funds into tokenized T-Bills, reflects the increasing institutional and retail demand for alternative investment opportunities in the crypto space.

With over $1 billion worth of U.S. Treasurys tokenized through various platforms, tokenized real-world assets are emerging as a lucrative narrative in the cryptocurrency market, offering investors a pathway to diversification and wealth creation.

📈Technical Analysis Masterclass:

🐋 Whale Alert in Shiba Inu 🚨

Recent movements of large Shiba Inu quantities by whales draw attention, signaling potential market shifts.

Transaction Data Insights:

• IntoTheBlock data reveals a notable surge in Shiba Inu transactions exceeding $100,000, totaling $661.5 million.

• On April 19th alone, transactions in this bracket spiked to 6.36 trillion SHIB, valued at $144.76 million.

Speculation and Caution:

• Speculation arises regarding a potential short-term sell-off by whales, prompting caution among traders.

• Chart analysis identifies support levels around 0.000023 and 0.000018, with a deeper dive possible to 0.000015 if breached.

Performance and Investor Sentiment:

• Shiba Inu saw an 18% surge during the Bitcoin halving, prompting profit-taking by some investors.

• Despite limited fundamentals, investor interest in Shiba Inu remains high, suggesting potential for further gains.

Volatility in the crypto market warrants caution in trading decisions, given the potential for rapid price fluctuations. Subscribe to UseTheBitcoin’s Youtube channel to stay informed with the latest crypto updates and watch the latest video “Whale Alert in Shiba Inu” for a more in-depth look! 📰

😂 Crypto Meme of the Day: 

And that’s it for this today.

See you all tomorrow’s edition!

Jonathan Gibson
UseTheBitcoin.com