Mantra CEO, John Mullin plans to burn all of his teamโs tokens in order to win back the trust of the networkโs community following the sudden crash of $OM on April 13.
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#Bitcoin โs market dominance has reached a 4-year high, while Ethereumโs share has dropped to multi-year lows.
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Whales and miners are adding sell pressure. ๐ฝ
Large holders reduced their Bitcoin positions by 30K BTC this week. Meanwhile, miner outflows spiked to 15K BTC as margins dropped from 53% in January to just 33%.๐
Whale accumulation is now at its slowest pace since February๐
Large holders reduced their Bitcoin positions by 30K BTC this week. Meanwhile, miner outflows spiked to 15K BTC as margins dropped from 53% in January to just 33%.
Whale accumulation is now at its slowest pace since February
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Bitwise has labeled Q1 2025 as "the best worst quarter in crypto's history." Despite the weakest performance in years, this data identifies four key catalysts that could potentially rejuvenate the crypto markets in Q2.
The specifics of these catalysts were not detailed in the source, but the optimism for a turnaround suggests significant developments may be on the horizon.
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The game would add to Trumpโs crypto ventures, which include a memecoin, NFT collections, and DeFi project World Liberty Financial.
The project, set to launch in late April, will resemble MONOPOLY GO!
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This always happens before altcoins go parabolic.
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Difference Between a Bear Cycle and a Typical Correction
โIn the current market, it's more likely a typical correction than a Full Bear Cycle.
The previous Price Increase was relatively modest, indicating limited market overheating, which also suggests the downside risk may be contained.โ
โIn the current market, it's more likely a typical correction than a Full Bear Cycle.
The previous Price Increase was relatively modest, indicating limited market overheating, which also suggests the downside risk may be contained.โ
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Elon Musk's Tesla reveals it still holds onto its 11,509 Bitcoin worth over $1.07 billion in Q1 2025 ๐ต
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Elon Musk's Tesla reveals it still holds onto its 11,509 Bitcoin worth over $1.07 billion in Q1 2025 ๐ต A Key to Web3 ๐
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The Capriole Investments founder: Charles Edwards has pointed out how Bitcoin is still at a 40% discount compared to its Energy Value.
Bitcoin Energy Value Is Situated Around $130,000 Right Now
The โEnergy Valueโ is a model that aims to measure the โfair valueโ of BTC as a function of the amount of energy used to produce it. The energy being referred to here is, of course, the energy that minersโ machines worldwide consume for their task of BTC mining.
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๐ฌ What's your idea ?
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Bitcoin mining: 0.54% of global energy now
According to a Cambridge study, Bitcoin mining uses as much as 0.54% of the world's electricity, totaling around 138 TWh a year.
The US dominates Bitcoin mining, while declining rewards could impact network security without rising transaction fees.
According to a Cambridge study, Bitcoin mining uses as much as 0.54% of the world's electricity, totaling around 138 TWh a year.
The US dominates Bitcoin mining, while declining rewards could impact network security without rising transaction fees.
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โ๏ธ TOKEN2049 is a global conference series that brings together the crypto ecosystem's decision-makers to connect, exchange ideas, network, and shape the industry.
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