Bitcoin’s brilliant quarter, ETH smashes records and other news

April Bulls Day? Bitcoin just closed its best March and Q1 in eight years

View this email in your browser One week in review:  March 28–April 3 We've selected the hottest materials of the past week for you to stay up to date with the latest crypto news: SPONSORED: Win $250 worth of Bitcoin by sharing your thoughts on crypto brands and companies There is no wrong answer, and your feedback will help brands to improve their services. Start the survey #1. April Bulls Day? Bitcoin just closed its best March and Q1 in eight years Despite March being a historically dreary month — with losses in six of the past nine years — BTC delivered gains of 29.84% over this 31-day period. Better still, we're now heading into April, where BTC has only suffered negative returns twice since 2013. Across the first quarter of the year, covering January to March, Bitcoin also gained 103%, clocking up the best performance in eight years. Traditionally, Q2 is the strongest time of the year for Bitcoin — with only two years seeing negative returns, both under 10%. Bulls will now have their sights set on surpassing the gains of 159% seen between April and June 2019. Read more #2. ETH breaks record all-time high amid fresh price surge Altcoins have been in the driver's seat this week, with Ether breaking $2,100 for the very first time — besting the ATH of $2,036 that was set on Feb. 20. Curiously, several coins belonging to so-called "Ethereum killer" blockchains have been thriving, too. ETH's price broke out against Bitcoin for the first time in 23 days on Thursday, not long after credit card giant Visa announced it was piloting a program that will allow its partners to use Ethereum's blockchain to settle transactions made in fiat. Traders have now become exceedingly bullish on Ether's prospects and are expecting more upside in the short-term, with $2,500 now in play. In particular, there's interest in the price activity we could expect in June and July when a major improvement proposal called EIP-1559 is set to overhaul Ethereum's existing fee structure. Read more #3. PayPal to start letting U.S. customers pay in Bitcoin at global merchants Bitcoin's bounce back from $55,000 was likely fueled by PayPal's announcement that crypto will now be accepted as a medium of exchange at millions of global merchants. Crypto will be converted into fiat as soon as the transaction takes place, and the payments giant says this will create "certainty of value and no additional transaction fees." PayPal CEO Dan Schulman said: "Enabling cryptocurrencies to make purchases at businesses around the world is the next chapter in driving the ubiquity and mass acceptance of digital currencies." Read more #4. Prediction of the week: One BTC will be worth a Lambo by 2022, and a Bugatti by 2023: Kraken CEO Speaking to Bloomberg, Jesse Powell was keen to offer alternatives to measuring Bitcoin's value in dollars — by comparing future price action to high-end sports cars… which can also have their value measured in dollars. Powell said that one Bitcoin, which is currently worth a Tesla Model 3, could be worth one Lambo by the end of this year… and one Bugatti by 2023. Read more #5. FUD of the week: iPhone user blames Apple for $600,000 Bitcoin theft via fake app A scam cryptocurrency app in Apple's App Store has reportedly swindled 17.1 BTC from one unsuspecting user. Phillipe Christodoulou had thought he had downloaded official Trezor software, given how it had many five-star reviews. Little did he know that the company doesn't currently provide such an app. After entering his seed phrase, Christodoulou says his funds were stolen. His crypto haul was worth $600,000 at the time, but now it's worth $1 million. The Washington Post reports that he has now filed a report with the FBI, but it seems the victim is reserving most of his anger for the tech giant: "They betrayed the trust that I had in them. Apple doesn't deserve to get away with this." Read more #6. FUD of the week: Oops! A 100% Bitcoin hodl outperformed CNBC's 2017 altcoin basket by 170% An investment portfolio that was championed by CNBC at the time has now resurfaced, which was made up of 30% Bitcoin and 70% altcoins. Four years on, those who invested $10,000 at the time would now have about $52,300. Had they just bought and hodled Bitcoin, they would now have over $140,000. StatsBTC, which crunched the numbers, noted: "The 30% #BTC allocation is responsible for 75% of the return." Read more Feel free to explore the most important news with Hodler's Digest: Read more 1.5 million people follow us on social media Download our official app:

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