The Bull

There are currently ~275k daily active entities on the #Bitcoin network.

This level of activity is far below bull market highs, indicative of tepid demand from new users.

However, the activity floor continues to climb in bearish markets, reflecting longer-term network effects.

Tax Day can be important to crypto prices. After the three previous big run-ups – 2013, 2017, and 2020 – and this one, 2021 – bitcoin peaked 35 days before Tax Day and then declined to a local trough as investors sold off assets to cover taxes accrued in 2020

The number of unique entities mentioning crypto terms has increased since 2020, which reflects a broader trend of crypto’s growing institutionalization

Introducing the Alpine F1® Team Fan Token (ALPINE) Token Sale on Binance Launchpad!

https://www.binance.com/en/support/announcement/fe1d19f71c6f48668c170fff27da795b

Bitcoin balance on exchanges just reached a 3-year low of 2,505,957

GuildFi BIG ONE 🚀

https://twitter.com/GuildFiGlobal/status/1492431707563503623

Bitcoin liquidity topped in July and has been trending downwards since