Good morning!
* Retailers are capitulating their BTC, while whales are accumulating at historic rates.
Transfer of wealth from weak hands to strong hands.
* Bitwise IT director Matt Hougan said that Bitcoin's traditional four-year cycle is over. 2025 is expected to be a strong year, but 2026 may be different than previous cycles.
* El Salvador has purchased another 5 BTC for over HALF A MILLION dollars in the last 24 hours.
With which it totals 50 Bitcoin purchased in the last 30 days.
TOTAL HOLDING: 6.055 BTC worth 617 million dollars.
* The LLM framework project, Swarms, said the team only retained 2% of the token supply at launch, which was a mistake and caused the price to be manipulated by malicious holders and exchanges.
* The odds of the economy entering RECESSION in 2025 fell to a new low of 19%, which is GOOD for the market.
Since the elections, the odds of the US entering recession have fallen by 35%.
This comes after GDP showed that the US economy grew by 2.3%.
Although interest rates remain high and inflation is rising, the US economy is GROWING according to this data.
* The Swiss banking giant UBS, which manages $5.7 trillion in assets, has tested its UBS Key4 Gold product on the Ethereum L2 network ZKSync.
* The PRESIDENT of Nasdaq, Nelson Griggs, claims they will be more active in the crypto space with more clarity in regulations.
The NASDAQ is the second largest stock market in the United States encompassing technology companies.
Regulatory clarity will generate LARGE-SCALE ADOPTION.
* As of January 2025, Luxor estimates that the United States represents 36% of Bitcoin's mining hashrate.
* Bloomberg analyst James Seyffart said that the XRP ETF is likely to be approved in 2025.
* According to DeFiLlama, in January 2025, the total trading volume of DEX reached approximately $564.56 billion.
* Reasons why ETH could be UNDERVALUED:
Etherealize is going to be launched, an official Ethereum startup defined as an "institutional marketing and products arm" for the Ethereum ecosystem.
Its main goal is to connect Wall Street with the network created by Vitalik Buterin.
The "Pectra" UPDATE will also improve security, scalability, and operational efficiency and is characterized as the largest update in the history of the network.
8/9 months that Ethereum recorded were POSITIVE for its price with an average increase of 0+ 30%.
The AVERAGE increase in March is also +30%.
It's incredible that 86% of all real-world assets are in Ethereum or its L2.
Trump's DeFi project KEEPS BUYING Ethereum and staking, it has more ETH than any other crypto, even DOUBLE that of BTC.
Despite the stagnation of Ethereum's price, active addresses increased by 37% since November.
Daily transaction volumes and DEX activity also increased.
On the technical analysis side, Ethereum formed a bullish head and shoulders pattern.
Ethereum does NOT seem to be "dead" as several skeptics claim, PATIENCE will pay off.
