The decline in Bitcoin address activity seems to be primarily caused by a reduction in the usage of Inscriptions and Ordinals. It's worth noting that many wallets and protocols in this sector reuse addresses, which are not counted multiple times if an address is active more than once in a day. So, if a single address generates ten transactions in a day, it would be counted as one active address, but with ten transactions.
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📜 Trump to Make Crypto a National Priority - Bloomberg
🏦 President-elect Donald Trump plans to issue an executive order naming cryptocurrency a national priority. The order could establish a crypto advisory council, pause federal litigation against crypto companies, and even create a national Bitcoin stockpile with the government’s $20B in BTC holdings.
🔎 The move marks a stark contrast to Biden’s administration, which filed over 100 enforcement actions against the sector. Trump has vowed to make the US the crypto capital of the world, gaining strong support from the industry, including donations from Coinbase and Ripple.
With Bitcoin rallying above $100K, this could be a game-changer for the crypto space. 🚀
🏦 President-elect Donald Trump plans to issue an executive order naming cryptocurrency a national priority. The order could establish a crypto advisory council, pause federal litigation against crypto companies, and even create a national Bitcoin stockpile with the government’s $20B in BTC holdings.
🔎 The move marks a stark contrast to Biden’s administration, which filed over 100 enforcement actions against the sector. Trump has vowed to make the US the crypto capital of the world, gaining strong support from the industry, including donations from Coinbase and Ripple.
With Bitcoin rallying above $100K, this could be a game-changer for the crypto space. 🚀
CME Group will introduce Solana (SOL) futures on March 17, expanding its crypto derivatives lineup. Meanwhile, Bitcoin Pepe, a meme-focused Layer 2 on Bitcoin, has raised $3.65M in its presale, aiming to merge BTC’s security with Solana-style scalability.
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Thomas John Sfraga, known as "TJ Stone," was sentenced to 45 months in prison for defrauding investors of over $2M through fake real estate and crypto schemes. He used fictitious companies to lure victims and misused funds for personal expenses. Authorities continue cracking down on crypto-related fraud.
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📉 Short Sellers Retreating
CryptoQuant reports a steady decline in the cumulative volume of bearish taker orders on exchanges. 👀
This suggests that short sellers are gradually leaving the market, potentially indicating growing optimism or reduced bearish pressure. 🚫🐻
Could this be a sign of a market shift? 🤔🚀
CryptoQuant reports a steady decline in the cumulative volume of bearish taker orders on exchanges. 👀
This suggests that short sellers are gradually leaving the market, potentially indicating growing optimism or reduced bearish pressure. 🚫🐻
Could this be a sign of a market shift? 🤔🚀
📉 Short Sellers Retreating
CryptoQuant reports a steady decline in the cumulative volume of bearish taker orders on exchanges. 👀
This suggests that short sellers are gradually leaving the market, potentially indicating growing optimism or reduced bearish pressure. 🚫🐻
Could this be a sign of a market shift? 🤔🚀
CryptoQuant reports a steady decline in the cumulative volume of bearish taker orders on exchanges. 👀
This suggests that short sellers are gradually leaving the market, potentially indicating growing optimism or reduced bearish pressure. 🚫🐻
Could this be a sign of a market shift? 🤔🚀
Thomas John Sfraga, known as "TJ Stone," was sentenced to 45 months in prison for defrauding investors of over $2M through fake real estate and crypto schemes. He used fictitious companies to lure victims and misused funds for personal expenses. Authorities continue cracking down on crypto-related fraud.
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Analysts highlight the BCMI index—currently below 0.5—as a sign of market hesitation. With no signs of overheating yet, BTC faces two paths: a healthy pullback within the bull trend or an early shift into a bear phase, breaking from historical cycles.
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🏆 Rewards Allocation:
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1️⃣ Sign up here if you're new to MEXC 👉 HERE
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Crypto Speak: Honeypot
A “honeypot” in crypto is a trap for unscrupulous investors.
Usually, it is a smart contract or a project in which you can invest money but cannot withdraw it.
For example, people who love investing in shitcoins can easily fall into a honeypot. You can buy a shitcoin on a DEX when its price starts pumping; however, if it grows by 100x, you’ll notice that you can’t sell it, with the DEX indicating a “smart contract error.”
A “honeypot” in crypto is a trap for unscrupulous investors.
Usually, it is a smart contract or a project in which you can invest money but cannot withdraw it.
For example, people who love investing in shitcoins can easily fall into a honeypot. You can buy a shitcoin on a DEX when its price starts pumping; however, if it grows by 100x, you’ll notice that you can’t sell it, with the DEX indicating a “smart contract error.”