π #ETHβs Pectra upgrade hasnβt translated into a spike in network engagement just yet. Since the upgrade, the average new and resurrected addresses are down in comparison to YTD values (β1.8% and β8.4% respectively) - but churn is notably lower as well (β8.5%).
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ββοΈ President Milei has shut down the Argentine unit investigating the #LIBRA cryptocurrency scandal.
π΅οΈ #ETH Notably, 8 newly created wallets withdrew 105,736 ETH ($262M) from Kraken after Jeffrey Wilcke's deposit.
It is possible that Jeffrey Wilcke did not intend to sell ETH, but just transferred them to other wallets.
It is possible that Jeffrey Wilcke did not intend to sell ETH, but just transferred them to other wallets.
π #SUI leads all blockchains in terms of #stablecoin inflows in the last 24 hours, with $83.4 million flowing into its ecosystem.
π½π The US holds just 4% of the worldβs population but controls 40% of global #BTC holdings.
π°π #SOL Solana generates more weekly network revenue than all other L1 and L2 networks combined, per Token Terminal data.
π€ #BTC CQ: On the daily timeframe, compression is building up again - the third instance in this bull cycle. A similar pattern of three compressions preceded the 2018 rally. Very soon, we'll see just how tightly the spring has been coiled this time.
ππ€ #BTC Bloomberg Analyst: BlackRock is now the 2nd largest BTC holder after Satoshi
With 636,108 BTC, BlackRock is already 57% of the way toward becoming the largest Bitcoin holder in the world β a milestone it could reach by next summer.
But if BTC hits $150K in the coming months, we might see a wave of advisor-driven inflows, accelerating that timeline significantly.
US ETFs combined already hold over 1.18M BTC
With 636,108 BTC, BlackRock is already 57% of the way toward becoming the largest Bitcoin holder in the world β a milestone it could reach by next summer.
But if BTC hits $150K in the coming months, we might see a wave of advisor-driven inflows, accelerating that timeline significantly.
US ETFs combined already hold over 1.18M BTC
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πΊπΈπ₯³ #BTC Texas' Strategic Bitcoin Reserve bill (SB 21) has passed the second reading of the House. Next, the bill moves to a third House reading and final vote.
π΅οΈ CQ: 8,511 #BTC from the 3-5 year band just moved on-chain β marking the 22nd such event this year where aged coins (> 5000 BTC) shift. Dormant supply is showing signs of life.
π Binance Will Support the THORChain (#RUNE) Network Upgrade - 2025-05-22