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Spotlight on Bitcoin: Record-Breaking Inactivity, Regulations, and the Road Ahead
Latest data unveils a remarkable milestone in Bitcoin's journey, with a record-high percentage—70.35%—of the circulating supply remaining inactive for over a year, as reported by CoinDesk. This substantial figure, surpassing the previous peak in July, reflects a profound conviction among Bitcoin holders amidst wider market uncertainties and macroeconomic headwinds. Despite the digital asset's impressive surge to $37,000 this year, long-term investors, it seems, are resolute in their commitment. While current metrics suggest a steadfast investor base, the impending financialization of Bitcoin through instruments ... (full story)