according to glassnode data, the supply of Bitcoin on trading platforms has reached a nearly 6-year low, slightly above 2.8 million coins.
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Bitcoin supply on trading platforms hits nearly six-year low
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Coindesk ·
Bitcoin Holds Near $92K as Selling Cools, but Demand Still Lags
ETF inflows have finally turned positive, but weak on-chain activity, defensive derivatives positioning, and negative spot CVD show a market stabilizing without the conviction needed for a sustained move higher.
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Saylor Says Strategy Will Not Issue Preferred Equity In Japan, Giving Metaplanet A 12 Month Headstart
MSTR executive chairman shuts down idea of near term expansion of perpetual preferreds in Japan.
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BTC falls below $92,000
the market shows BTC falling below $92,000, currently at $91,976.01, with a 24-hour increase of 1.99%. The market is highly volatile, please manage your risks accordingly. -
Securitize appoints former PayPal executive as general counsel in preparation for SPAC listing.
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ETH falls below $3,100
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Circle partners with Aleo to launch bank-grade privacy stablecoin USDCx
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Standard Chartered Bank lowers its 2025 Bitcoin price forecast to $100,000.
Standard Chartered Bank stated in a report on Tuesday that it has halved its Bitcoin price forecast for 2025 to $100,000. At the same time, the bank postponed its long-term target of $500,000 to 2030, originally set for 2028. The bank's analyst Geoffrey Kendrick pointed out that this downgrade is due to a reassessment of demand expectations, including the end of aggressive corporate purchases by entities such as MicroStrategy, and slower-than-expected institutional adoption through ETFs. Kendrick said that future Bitcoin price increases will be "driven only by ETF purchases." Currently, quarterly Bitcoin ETF inflows have dropped to 50,000 BTC, the lowest level since the launch of the US spot Bitcoin ETF. In contrast, the quarterly purchases of ETFs and digital asset treasuries in Q4 2024 amount to 450,000 BTC. -
Ethereum Foundation-affiliated address deposits 5748 ETH into Kraken
according to Lookonchain monitoring, an address starting with 0x9D1c deposited 5748 ETH (approximately 17.89 million USD) to Kraken about 50 minutes ago. On-chain tracking shows that this batch of ETH originally came from the Ethereum Foundation.
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