Bitcoin network activity seems to be flashing a warning for the largest cryptocurrency by market cap. According to Santiment, since February 2021, the five-year difference in Bitcoin’s level of network activity remains significant; there are now 42% fewer unique $BTC addresses making transactions and 47% fewer new $BTC addresses created. While this might seem concerning,
Cypherpunk legend Adam Back, who was mentioned in the Bitcoin whitepaper by the mysterious Satoshi Nakamoto, has made an important $BTC statement: he believes that the future of finance will be based only on $BTC. Adam Back believes only in Bitcoin-based finance in future Back is the CEO of Blockstream, the company that has invented
Bitcoin price consolidation gives a bearish breakdown from the support of inverted pennant pattern, setting a stage for $55,000 $BTC value in near term. $BTC daily active addresses have declined by nearly 42% since February 2021. According to coinglass data, over $232.00 million were liquidated from the crypto market in the last 24-hours. The crypto
Markets do not repeat themselves seldom–but when they do, traders will note. Bitcoin this time is sending a historically rare signal. As new statistics pointed out by Ash Crypto show, bitcoin will end the fifth consecutive red monthly candle in its history one of only two times in its history. Of course, this makes one
It can be challenging to handle a diversified crypto portfolio. Investors should monitor a variety of assets, withdrawals, and respond to the ongoing market changes. Nevertheless, an alternative provided by CoinMarketCap at the moment is simplified. The platform targets to roll an entire market strategy into one token with its newly promoted CMC20 DTF. 🌐
Bitcoin is treading water near $66,604, caught between recovery attempts and structural hesitation. The market is stabilizing, not surging, and the charts across every major timeframe are signaling patience over bravado. Bitcoin Chart Outlook On the daily chart, bitcoin remains confined beneath the prior peak near $97,900 and continues to trade within a descending formation.
Joachim Nagel, President of the German Central Bank (Bundesbank) and member of the European Central Bank (ECB) Governing Council, said that issuing a euro-pegged stablecoin could both reduce costs in cross-border payments and be an important tool against the risk of “dollarization” created by dollar-based stablecoins. Speaking at the German-American Chamber of Commerce, Nagel emphasized
Bitcoin infrastructure company Voltage has announced the launch of Voltage Credit, a programmatic revolving line of credit designed to let businesses send payments with Lightning-style instant finality while still repaying the credit line in US dollars from a standard bank account or in Bitcoin. In a Thursday release shared with Cointelegraph, the company, which provides
Key takeaways Digital asset treasuries are companies holding crypto on their balance sheets, often trading at discounts. M NAV is a metric for valuing companies relative to their crypto holdings. The decline in crypto prices has significantly impacted M NAVs, raising questions about equilibrium. Discounts in NAVs of crypto companies present potential investment opportunities. Private
Dragonfly Capital closed its fourth fund at $650 million this week, the same size as its 2022 vehicle, raised into a venture market Fortune calls a “mass extinction event.” The headline reads like a vote of confidence: institutional capital returning, crypto winter thawing, alt season loading. But peel back one layer and the picture warps.