📉👀 #BTC dominance continues to decline and against this backdrop, altcoins are showing significant growth.
🔮📈 #BTC Investment bank H.C. Wainwright says Bitcoin may go to $225,000 this year because of regulatory clarity and institutional adoption
📉🤔 Interest in memecoins is currently at its lowest level since April last year, which may indicate a decline in the popularity of such cryptocurrencies among investors. #memcoin
📊👀 Short-Term Holder (STH) Ratio for #BTC
The current STH ratio is 1.1, meaning short-term holders are, on average, seeing a 10% unrealized profit.
The STH ratio is important as it provides insights into the unrealized profit or loss of recent market participants, who tend to have a more speculative approach.
The current STH ratio is 1.1, meaning short-term holders are, on average, seeing a 10% unrealized profit.
The STH ratio is important as it provides insights into the unrealized profit or loss of recent market participants, who tend to have a more speculative approach.
🗽 Trump-endorsed Republican US Congressman Mike Johnson was re-elected Speaker of the House of Representatives.
🇺🇸📊 #BTC The Coinbase Premium Index recently hit -0.23%, a two-year low, but it's now rebounding quickly. This signals growing institutional demand for Bitcoin from US-based investors.
👀 #MEME tokens created by the community led the memecoin index to a record year theblock.com
🇺🇸👀 #BTC The FDIC deliberately targeted the restriction of Bitcoin activities under Operation Chokepoint 2.0, new document reveals.
📊🤔 #BTC This chart highlights the massive concentration of wealth in traditional assets like real estate, equities, pensions, and private businesses, especially among those aged 55+. The 55+ demographic holds 7.5x more wealth than those under 40.
Bitcoin has the potential to disrupt ("demonetize") these asset classes by offering a superior alternative for storing and growing wealth. As global financial systems experience accelerated debasement, BTC stands to gain value—not necessarily by replacing these assets nominally, but by absorbing real purchasing power over time.
We are still early, and the shift is just beginning
Bitcoin has the potential to disrupt ("demonetize") these asset classes by offering a superior alternative for storing and growing wealth. As global financial systems experience accelerated debasement, BTC stands to gain value—not necessarily by replacing these assets nominally, but by absorbing real purchasing power over time.
We are still early, and the shift is just beginning
🇺🇸 Last year, Coinbase CEO sold $636 million in #COIN shares, and Michael Saylor sold $410.8 million in #MSTR shares. www.blockworks.com