Author: driver789
On-chain data shows the Bitcoin network has seen a spike in profit transactions, something that has often led into local price tops in the past. Bitcoin Has Seen Its Highest Profit-To-Loss Transfer Ratio In 12 Weeks In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the ratio of profit and loss transactions taking place on the Bitcoin network. A transfer is categorized as a ‘profit’ one when the tokens involved in it had a last transaction price lower than the latest one. Similarly, transfers with coins of the opposite type fall into…
Strive has expanded its Bitcoin treasury with a new acquisition of 113 BTC, reinforcing a steady accumulation strategy among publicly traded firms increasingly treating Bitcoin as a core balance-sheet asset. According to a recent filing, the company purchased the Bitcoin for approximately $7.75 million, implying an average price near $68,584 per BTC. The latest addition brings Strive’s total holdings to 13,741 BTC. The move comes during a period of elevated volatility across digital asset markets, with Bitcoin trading around the $70,000 level. Despite price fluctuations, corporate demand continues to provide a structural bid, particularly from firms pursuing long-term treasury diversification…
Bitcoin (BTC) is copying the end of its 2022 bear market “nearly perfectly,” according to a new BTC price analysis.Key points:Bitcoin stochastic RSI values are “nearly perfectly” repeating the end of its last bear market, new analysis claims.Both recent local bottoms and the current rebound echo conditions from three years ago.Standard RSI is already on the radar for a potential BTC price bottom signal.Bitcoin stochastic RSI echoes 2023 reboundIn an X post on Monday, crypto trader Quantum Ascend revealed copycat moves playing out on Bitcoin’s stochastic relative strength index (RSI) indicator.Stochastic RSI, also known as “stoch RSI,” is a derivative…
Argentine banks are reportedly testing JPMorgan’s deposit token infrastructure for back-end settlement workflows, even as the country’s central bank still bars lenders from offering most crypto-related services to clients, according to local outlet iProUP.A group of financial institutions has begun piloting JPM Coin, a deposit token designed for institutional use. Banco CMF is among the confirmed participants, working through its newly launched corporate unit QORP as part of JPMorgan’s minimum viable product, per the report.“In the first phase, banks are expected to work on integrating available services to verify improvements in settlement times and interbank reconciliations of integrated banks,” Maximiliano…
Since the outbreak of the war with Iran on Feb. 28, bitcoin BTC$68,461.22 has started to diverge from software equities, with the iShares Expanded Tech-Software Sector ETF (IGV), serving as a useful proxy for the sector.Bitcoin has been one of the strongest-performing assets during this period, rising more than 5% and trading back above $69,000, including a gain of more than 0.5% over the past 24 hours. IGV, in contrast, has fallen more than 2% since the conflict began. That gap suggests investors are starting to treat bitcoin and software stocks differently, at least in the near term.Until recently, the…
TLDR: Sub-Saharan Africa recorded $205B in on-chain value, marking a 52% year-over-year growth in 2025. South Africa, Nigeria, Kenya, and Mauritius now operate under formal crypto regulatory frameworks. Ripple’s RLUSD ($1.00 · Live) stablecoin powers aid delivery, remittances, and institutional access across Africa. Africa drives 70% of the world’s $1 trillion mobile money market, fueling digital asset demand. Africa’s crypto adoption surged 52% year-over-year, according to Chainalysis data in Ripple’s April 6 report. The figures record over $205 billion in on-chain value across Sub-Saharan Africa from July 2024 to June 2025. Regulatory advances in South Africa, Nigeria, Kenya, and Mauritius…
Bitcoin is sitting just below $70,000, but the sharper signal may be in the derivatives market: roughly $6 billion in short positions would be forced out if the price climbs to $72,500, according to data from Santiment. Related Reading That comes as Bitcoin keeps testing the same ceiling again and again, with the market showing signs of strain rather than conviction. Sentiment Turns Sharply Sour Social chatter around Bitcoin has weakened fast. Data from Santiment shows the bullish-to-bearish ratio has slipped to 0.81 to 1.00, its lowest reading since February 28. 🗣️ According to social data across X, Reddit, Telegram,…
Ethereum price retraced some of its gains from Monday after U.S. President Donald Trump brushed off an Iranian proposal to end the war and warned that strikes would target key infrastructure if Tehran fails to reopen the Strait of Hormuz by the deadline. Summary Ethereum price fell 3.4% below $2,100 as Trump rejected Iran’s proposal and warned of strikes if the Strait of Hormuz is not reopened. Risk sentiment weakened across crypto and equities, with Asian markets flat to lower and investors pulling capital amid geopolitical uncertainty. A confirmed breakdown below $2,000 could trigger a double top pattern and liquidations…
Second, a new Bitcoin development lab, has gained attention recently as it drew in yet another former Blockstream employee known as “Grubles”, with over 8 years of engineering at the company. Bark, Second’s lead product, promises to deliver a next-generation “Fast, low-fee, self-custodial” wallet. After 8+ years, today is my last day at Blockstream. It’s been an incredible opportunity to work with such a world class team on both the marketing and engineering side, and words alone do not convey my gratitude for the experience. Even though I’m leaving, I’m super excited…— grubles (@notgrubles) March 3, 2026 Alongside Grubles, other…
The challenge to solving the quantum threat to Bitcoin could be more social than technical, according to Grayscale’s head of research, especially if the community fails to come to an agreement on certain contentious issues.Google released a paper that shook the crypto industry on March 30, suggesting that a quantum computer could potentially crack the cryptography protecting Bitcoin (BTC) using far fewer resources than previously thought.Grayscale head of research Zach Pandl, however, suggested the problem for Bitcoin doesn’t come from its technical solution, as “bitcoin has lower risk than other cryptocurrencies” because it uses a UTXO model and proof-of-work consensus,…