
Bitcoin Network Activity Is Rising as BTC Falls Nearly 50% Below Peak Price: CryptoQuant
Activity on the Bitcoin network is surging, CryptoQuant said, but it's not correlating with price movement for its native asset.
Bitcoin price action, ETF flows, mining, Lightning, and protocol development. 639 stories curated by CryptoCatalyst.

Activity on the Bitcoin network is surging, CryptoQuant said, but it's not correlating with price movement for its native asset.

US-listed spot Bitcoin exchange-traded funds experienced their largest 30-day net outflow since launching in 2024, totaling $6.4 billion. This coincides with Bitcoin's 17% price drop over the past month, reflecting broader market uncertainty.

Retail investors hold $8.8 billion in STRC, a bitcoin-backed security marketed as a safer, smarter investment but criticized as high-risk junk credit. The product offers an 11.5% income and is promoted as tax-favored with money-market risk, yet 82.7% of buyers are retail, and $15 billion sits across three similar securities (STRC, Strategy’s preferred stack, and SATA).

Franklin Templeton has filed for two new ETFs that automatically reinvest stock dividends into Bitcoin exposure, blending traditional equity investing with a built-in Bitcoin accumulation strategy.

Federal Reserve Governor Kevin Warsh's hawkish first FOMC meeting underscores the need for constant dollar management, contrasting with Bitcoin's fixed supply and automatic monetary policy.

Prediction market platform Kalshi is considering an IPO for 2027 or 2028 after its annualized revenue surpassed $2 billion.

Bitcoin is trading about 19% below its estimated $78,000 production cost, making mining unprofitable for roughly 20% of the industry and forcing public miners into record coin sales.
BlackRock's new Bitcoin Premium Income ETF (BITA) uses a covered-call strategy on its spot Bitcoin ETF holdings to generate monthly income. The firm's executive emphasizes Bitcoin's growing importance in the financial landscape.

Bitcoin network activity is approaching all-time highs due to a surge in low-value transactions, driven by increased OP_RETURN usage. This growth is happening even as Bitcoin's price remains relatively stable, highlighting the network's utility beyond speculation.

GoMining unveiled GoBTC Pay, a bitcoin payment protocol with an SDK and programmable access, enabling merchants to accept BTC for everyday purchases. This directly challenges Jack Dorsey's Square in the payments space.

Franklin Templeton has filed for two Bitcoin DRIP ETFs that reinvest stock dividends into Bitcoin. This novel structure could make Bitcoin more accessible to traditional investors.

Most major cryptocurrencies fell between 1% and 3% following the Federal Reserve's decision, with bitcoin dropping to $64,150, reflecting broader market sensitivity to monetary policy shifts.

Long-term holders now control a record 79% of Bitcoin's circulating supply, suggesting the bear market may be nearing exhaustion. Analysts at K33 point to historically low spending of old coins as a sign of persistent accumulation despite ongoing macroeconomic uncertainty.

Oman has introduced a mandatory state-backed Bitcoin mining pool for all licensed miners, part of a $700 million-plus push into industrial-scale mining. This move aims to tighten regulatory oversight and solidify the country's position in the Bitcoin mining industry.

U.S. Congressman Nick Begich argues the government should stop selling seized Bitcoin and instead hold it as a strategic reserve asset, similar to gold. He also calls for a cautious approach to AI, comparing it to nuclear technology. The proposal highlights a growing recognition of Bitcoin's long-term value.

A Miami resident known as 'Bitcoin Rodney' pleaded guilty to his role in the HyperFund crypto scheme, which prosecutors say defrauded investors out of $1.8 billion. This is one of the largest crypto fraud cases in history.

Botanix's shutdown has sparked debate about the future of Bitcoin layer-2 solutions. The market may prefer simpler yield tools over complex programmable BTC applications.

Mexican billionaire Ricardo Salinas has increased his bitcoin holdings from 10% to 70% of his portfolio. He predicts bitcoin could eventually reach $1 million. This bold bet underscores growing institutional confidence in bitcoin as a long-term store of value.

MicroStrategy's stock ($MSTR) is currently trading at $91.79 on $STRC, down sharply from its recent highs. Just a month ago, the instrument was raising record amounts of capital and absorbing billions in demand, but it now finds itself in what many would call the 'valley of despair.' The post notes that this isn't what the instrument was designed for.

VanEck says Bitcoin miners pursuing AI data center businesses face a roughly $50 billion funding gap, with investors increasingly rewarding companies that have already secured and energized AI infrastructure capacity while punishing those still relying on unproven pipeline projections.

Hyperliquid's newly launched ETFs have pulled in $172 million since their debut, while U.S. spot Bitcoin ETFs lost $5.6 billion over the same period. This divergence highlights a growing preference for alternative crypto investment products.

Bitcoin's value doesn't rely on staking or inflation, says Michael Saylor. He proposes a five-layer 'Digital Asset Stack' that generates returns through Bitcoin-based credit and equity products. This could change how investors think about Bitcoin's utility beyond just price appreciation.

BlackRock's new Bitcoin ETF, BITA, caps potential gains but offers high yields by selling call options. This approach trades upside for steady income, appealing to conservative investors.

Glassnode data shows broad-based buying across retail and whale cohorts, with the Accumulation Trend Score reaching its strongest level of the current drawdown.