Bitcoin
How to Help the Bitcoin Community in Brazil Floods

The federal government installed a crisis office to closely monitor the situation with the rains that hit Rio Grande do Su, Brazil. The level of the Guaíba River reached its highest level since 1941, with more rain expected.
To date, more than 37 people have died, and more than 70 have been injured as storms have hit at least 235 municipalities. Among them is one of the most Bitcoiner cities in Brazil, Rolante.
Local authorities issued an alert and asked people in risk areas to leave. For instance, in Porto Alegre, the mayor declared a public calamity. As a result, the “Bitcoin é Aqui” community created a campaign to raise resources and funds to help Rolante and the more than 352 thousand people affected.
For now, the situation is still critical. Four dams are in emergency, and another nine are in a state of attention. In short, this means that if the rains continue, the water will continue to devastate hundreds of cities in the country’s south.
BeInCrypto spoke to a resident of Rolante who said the situation is very difficult.
“We need everything. However, the most serious situation is that of the city’s hospitals. We are without any type of service. If someone has a heart attack, there’s no way to respond,” Maria da Silva told BeInCrypto
Read more: A Basic Guide On How Bitcoin Transactions Work
Da Silva, who is now a volunteer, works on cleaning and rebuilding the city, and is appealing to the public to send equipment and water, among other things, urgently.
“If you have a company and want to donate supplies, cleaning materials, mattresses, medicines, tarpaulins and everything needed at this moment, get in touch by inbox and express your idea,” da Silva added.
How to Help During Brazil Floods?
It is possible to send donations in Brazilian Real and Bitcoin. These are the addresses:
- PIX: 51.299.707/0001-81
- BITCOIN via Lightning: [email protected]
- BITCOIN via onchain: bc1q4w3mc5uztsznk6v64hwj097umr3p4cepayt6d3
The director of Rolante Hospital also made an appeal for help. The first floor was completely flooded, explains Luis Genaro Ladereche Figoli, who manages the institution. The water reached emergency sectors, specialty centers, hospitalization areas, radiology, and pharmacy, among other essential areas.
Genaro says he does not expect to resume the hospital’s activities in the short term because most of the equipment has been destroyed. The health institution is asking for equipment and cleaning materials donations.
Resident Uses Traceable Crypto Wallets
A resident of Santa Maria called Gerin.ETF took to X (formerly Twitter) to ask for donations for the city of 300,000 inhabitants.
“This week the situation got worse and it has already been declared the ‘Worst natural disaster that has ever occurred here in the south,’ it continues to rain every day, the markets are without products, as the roads are impassable, more than half of the city without water, apart from many establishments closed due to lack of product/water and simply MANY people without a home… After this time without any improvement, I decided to run this campaign in order to help as many people as possible, we need to show our strength as WEB3,” Gerin said.
Furthermore, Gerin.ETH has committed to donating the money to institutions that are helping with the tragedy, posting invoices, and recording the delivery of donations. He made three trackable web3 categories available.
- Chave pix: 3fafb39d-d6b2-45fb-ac5b-83cd009bddbc (BANCO INTER
- Receive EVM (possible for L2 USDC/USDT): 0xff35352F229F0275c0A0FFe727956d4b80DFDE74
- Sol Key (if possible donate USDC/USDT): 7Ke8usysxqmytwBnmhewaePyQFBCuFFmnFmiXNk9CNX1
Government Warns Against Scams
Finally, the state government created the SOS floods page. There, anyone can find information on how to volunteer and what and how to donate.
Pix: CNPJ: 92.958.800/0001-38
Banco do Estado do Rio Grande do Sul
Attention: when carrying out the operation, confirm that the name of the account that appears is “SOS Rio Grande do Sul” and that the bank is Banrisul.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Bitcoin
8,000 Dormant Bitcoin Suddenly Move: What’s Next For The Market?

Popular CryptoQuant analyst Maartunn reports that 8,000 Bitcoin (BTC) which have been dormant for five to seven years have been moved suddenly, adding to current bearish concerns in the crypto. This development comes after a rather adventurous week as BTC prices struggled to break above $89,000, following an initial steady bullish climb, before succumbing to heavy selling pressures driven by US President Donald Trump’s hawkish tariff policy.
$674 Million In Old BTC Transfers In Single Block – Cause For Alarm?
The Spent Output Age Bands is a crucial metric to measure how long Bitcoin tokens remain inactive before moving. According to Maartuun in an X post, this metric has recently revealed that 8,000 BTC worth $674 million that was last transferred between 2018 and 2020 have been moved recently in a single block drawing significant market attention.
This transfer follows a string of recent activations of dormant Bitcoin stashes. On March 24, a 14-year inactive Bitcoin wallet suddenly moved 100 Bitcoin valued at $8.5 million. Meanwhile, in early March, six ancient Bitcoin wallets also transferred nearly 250 BTC worth $22 million.
Notably, the most recent transaction reported by Maartuun is of far larger size with potentially strong implications for an uncertain Bitcoin market. Generally, a movement of such a large amount of BTC from long-term dormancy is usually interpreted as a signal for incoming selling pressure leading to major price corrections.
However, there are other potential non-bearish motives behind such transactions such as internal wallet shuffling by institutional investors or large holders as well as a cold storage reorganization. Currently, the owners of the new wallets receiving the 8000 is unknown thus reducing the potential of a bearish reaction from BTC holders.
Bitcoin Price Overview
In the last day, Bitcoin prices declined by 4.00% after the US Government announced intentions to impose a 25% tariff on auto imports and goods from China, Mexico, and Canada starting from April 3. This marks the latest negative reaction of the crypto market to President Trump’s international trade policies following similar incidents in early February and mid-March.
These measures by the Donald Trump administration are flaming fears of a potential economic slowdown which could further push high-risk assets such as BTC out of investors’ portfolios leading to a further downside.
At press time, Bitcoin currently trades at $83,693 reflecting a decline of 0.72% and 2.53% in the last seven and 30 days respectively. Meanwhile, the asset’s daily trading volume is up by 19.38% and is valued at $31.58 billion. The BTC market cap now stands at $1.66 trillion and still represents a dominant 61.1% of the total crypto market.
BTC trading at $83,727 on the daily chart | Source: BTCUSDT chart on Tradingview.com
Bitcoin
Bitcoin Price Could Surge To $95,000 — But Analyst Sounds ‘Bull Trap’ Alarm


The Bitcoin price seemed to be breaking out of its consolidation range early on in the week, rising to as high as $88,500 on Monday, March 24. However, the flagship cryptocurrency appears to be back to ground zero, retracing to around $84,000 on Friday, March 28.
This recent price correction came following the release of inflation data in the United States. With the latest inflation data suggesting delayed rate cuts by the US Federal Reserve, risk assets — including cryptocurrencies — experienced significant downward pressure to close the week.
Here’s How BTC Price Could Fall To $62,000
The story gets a little grim for the world’s largest cryptocurrency after popular crypto analyst Crypto Capo put forward a bearish projection for the Bitcoin price in their latest post on the X platform. According to the crypto trader, the price of BTC could be on its way to a new low in this cycle.
Crypto Capo highlighted in their analysis of the BTC 12-hour chart that the $84,000 – $85,000 is pivotal for the premier cryptocurrency’s future trajectory. The online pundit noted that the Bitcoin price action could go one of two ways over the next few weeks.
In the first scenario, Crypto Capo expects the price of Bitcoin to enjoy a short-lived bullish burst to within the $95,000 – $100,000 range. This initial price run-up would be a bull trap for investors, according to the analyst. For context, a bull trap is a pattern that lures long traders (bulls) into the market by an initial upward surge followed by a quick reversal.
Fittingly, Crypto Capo predicts that Bitcoin will experience a capitulation event that will see its value plummet to the next main support. As seen in the chart below, this next major support lies within the $62,000 – $69,000 bracket, containing the April and November all-time high prices.
Source: @CryptoCapo_ on X
In the alternate scenario, Crypto Capo highlighted how the first bull trap idea could be invalidated. According to the trader, if the Bitcoin price successfully closes beneath the $84,000 – $85,000 range, it could fall to the $62,000 – $69,000 bracket.
Bitcoin Price At A Glance
As of this writing, the price of Bitcoin is moving around the $83,300 level, reflecting a 3% decline in the past 24 hours. This single correction event has wiped out the premier coin’s early-week profit, with CoinGecko data showing no significant gain or loss in the last seven days.
The price of BTC slides beneath $84,000 on the daily timeframe | Source: BTCUSDT chart on TradingView
Featured image created by DALL-E, chart from TradingView

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Bitcoin
El Salvador’s Nayib Bukele Open to White House Visit

El Salvador’s President Nayib Bukele has hinted at an upcoming visit to US President Donald Trump at the White House. The move has fueled speculation about closer cooperation between the two pro-Bitcoin leaders.
Although no official agenda has been released, if confirmed, the meeting would mark Bukele as the first Western Hemisphere leader to visit Trump at the White House during his current term.
Can Bitcoin Improve Diplomatic Relationship Between US and El Salvador?
On March 28, Bukele reacted to a report claiming that Trump plans to invite him to Washington.
Responding on social media, Bukele confirmed his willingness to visit and jokingly noted that he would bring “several cans of Diet Coke” — a nod to Trump’s well-known beverage of choice.
The two leaders have enjoyed a friendly relationship since Trump’s return to office. They reportedly spoke after the inauguration, and Trump later thanked Bukele publicly, commending his “understanding of this horrible situation” regarding US border issues.
Meanwhile, the possible visit follows El Salvador’s acceptance of deported Venezuelan gang members from the US.
These individuals were held at the country’s high-security Terrorism Confinement Center. The facility was recently visited by US Homeland Secretary Kristi Noem.
President Bukele’s administration has earned international praise — and criticism — for its tough stance on crime. His crackdown on gangs has transformed El Salvador from one of the most violent nations in the world to one of the safest in Latin America.
Meanwhile, speculation is growing within the crypto community that Bitcoin may emerge as a significant topic during the leaders’ discussions. Both Bukele and Trump have openly supported Bitcoin, though their approaches differ slightly.
Bukele’s stance on Bitcoin is notably proactive. In 2021, he spearheaded the creation of the world’s first national Bitcoin reserve, which has since grown to 6,130.18 BTC—worth over $512 million.

Moreover, his pro-Bitcoin initiatives have attracted substantial foreign investments, including partnerships with prominent crypto companies like Tether.
President Trump also recently became more supportive of the top crypto asset, reversing previous skepticism.
Earlier this month, Trump authorized the establishment of a US National Bitcoin Reserve, with the federal government holding initial holdings of around 200,000 BTC.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
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