#BTCMove JUST IN: 🇰🇪 Kenya to legalize Bitcoin and crypto. | Amir Boss on Binance Square

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#BTCMove JUST IN: 🇰🇪 Kenya to legalize Bitcoin and crypto.

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#btcnews 📊 Bitcoin Supply in Unrealized Loss Historically, the number of Bitcoin held in unrealized loss provides a reference point for assessing market stress: Bull markets: <4M BTC in loss. Early bear markets: 4–8M BTC in loss. Last week, market volatility pushed 2.0–3.5M BTC into loss, still lower than the 4M BTC seen during mid-2024 lows. For context: 2018 bear market: 10.7M BTC in loss. 2020 COVID crash: 10.4M BTC in loss.

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#ETHFORHOLDERS The Ethereum Foundation has been catching flak for just selling ETH to pay the bills instead of exploring staking or DeFi. Now, according to Vitalik Buterin, the foundation is indeed looking into these options, including the possibility of staking approximately $1 billion in ETH holdings. Backlash against Ethereum Foundation has intensified over the past few days due to its lack of engagement in the Ethereum ecosystem and ETH sales. Lookonchain reported that the Ethereum Foundation offloaded another 100 ETH on Monday for about $336,000. The ETH sales, since January 2, 2024, have amounted to $13 million, or 4,666 ETH. DCinvestor, a strong advocate for the ecosystem, said Trump-backed World Liberty Financial is “more aligned with the success of Ethereum-based DeFi than the Ethereum Foundation is.”

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#Btc Bitcoin’s price stability hinges on a crucial support zone between $96,475 and $99,574, according to on-chain data. This range represents a significant area of interest for the cryptocurrency, as 1.87 million addresses collectively acquired 1.79 million BTC within this price bracket. The activity highlights the psychological and technical importance of this support level in determining Bitcoin’s short-term and long-term trajectory.

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