BitcoinWorld Bitcoin Daily Active Addresses: Unveiling the Alarming Drop In the dynamic world of cryptocurrency, keeping an eye on fundamental metrics is crucial for understanding market health. Recently, a significant shift has captured the attention of analysts and investors alike: a noticeable decline in Bitcoin daily active addresses . What does this intriguing development signify for the world’s leading cryptocurrency? Is it a fleeting blip or a signal of deeper underlying trends? What Exactly Happened to Bitcoin Daily Active Addresses? According to data shared by Santiment on X (formerly Twitter), the landscape of Bitcoin’s on-chain activity saw a considerable change throughout July. Specifically: In early July, Bitcoin daily active addresses were robust, ranging between 570,000 and 800,000, indicating healthy user engagement. By July 31st, this number sharply declined to approximately 380,000, a significant contraction in unique addresses participating in transactions. In contrast, Ethereum demonstrated remarkable stability during the same period, maintaining around 511,000 active addresses, offering a compelling point of comparison. This divergence highlights distinct user behaviors and network priorities, prompting a deeper dive into what drives such fluctuations. Why Do Bitcoin Daily Active Addresses Matter? Understanding Network Health When we talk about Bitcoin daily active addresses , we refer to the unique blockchain addresses active as either a sender or receiver on a given day. This metric is a vital indicator of a cryptocurrency network’s health and utility: Organic Adoption & Utility: High active addresses suggest genuine adoption, implying more people use Bitcoin for transactions, not just holding. Network Demand: Increased activity can correlate with higher demand for block space and transaction fees. User Engagement: Reflects community engagement; a vibrant network signifies a healthy, growing ecosystem. Market Sentiment: A sustained decline can precede or coincide with waning investor interest and bearish sentiment, while an increase signals renewed interest. Understanding these dynamics is crucial for assessing Bitcoin’s fundamental strength beyond just its price chart. Decoding the Drop: Potential Factors Behind the Decline in Bitcoin Daily Active Addresses A significant drop in Bitcoin daily active addresses is rarely due to a single cause, but rather a confluence of market sentiment, technological shifts, and broader economic conditions. Potential reasons include: Bear Market Fatigue: Prolonged bear markets lead to “hodler” behavior, reducing daily on-chain transactions as users wait out downturns. Speculative activity also wanes. Consolidation of Holdings: Large holders may consolidate Bitcoin across fewer addresses, especially when moving to secure, custodial solutions. Shift to Layer-2 Solutions: As networks like the Lightning Network mature, more transactions occur off the main blockchain, not reflected in base-layer active addresses. Exchange Activity & User Onboarding: Changes in exchange wallet management, rebalancing, or reduced high-frequency trading can impact numbers. Fewer new users or less active existing users also contribute. Seasonal & Macro Factors: Crypto markets experience seasonal dips. Broader macroeconomic concerns, regulatory uncertainty, or lack of positive news can slow network engagement. Consider these factors holistically rather than jumping to conclusions based on a single metric. How Does Ethereum’s Stability Contrast with Bitcoin Daily Active Addresses? The resilience of Ethereum’s active addresses, maintaining around 511,000 while Bitcoin daily active addresses saw a steep decline, provides a compelling contrast. This divergence can be attributed to several key differences in their ecosystems and primary use cases: Diverse Ecosystem & Utility: Ethereum’s strength lies in its robust dApp ecosystem (DeFi, NFTs, Web3), driving consistent transaction volume. Bitcoin primarily serves as a store of value. Smart Contract Functionality: Ethereum’s smart contracts allow complex interactions beyond simple transfers (lending, staking, gaming), boosting active address counts. Developer Activity: High developer activity on Ethereum leads to continuous innovation, attracting and retaining users. Staking & DeFi Participation: Ethereum 2.0 and liquid staking incentivize long-term holding and DeFi participation, contributing to a stable user base. This comparison shows that while both are leading cryptocurrencies, their utility and user engagement models lead to different on-chain behavior during market fluctuations. Table: Bitcoin vs. Ethereum Active Address Trends (July) Metric Bitcoin (BTC) Ethereum (ETH) Active Addresses (Early July) 570,000 – 800,000 ~511,000 (stable) Active Addresses (July 31st) ~380,000 ~511,000 (stable) Trend in July Sharp Decline Consistent Stability Primary Utility Focus Store of Value, P2P Cash Smart Contracts, dApps, DeFi, NFTs Navigating the Volatility: Actionable Insights for Investors Amidst Changing Bitcoin Daily Active Addresses For investors, a decline in Bitcoin daily active addresses can be a cause for concern, but it’s crucial to approach such data with a balanced perspective. Here are some actionable insights: Diversify Metrics: Don’t panic. Look beyond active addresses to transaction volume, miner revenue, and long-term holder behavior for a holistic view. Focus on Long-Term Fundamentals: Bitcoin’s core value proposition as a decentralized, scarce digital asset remains. Short-term fluctuations don’t negate its long-term potential, especially with Layer-2 adoption. Consider Macroeconomic Context: Global economic conditions, inflation, interest rates, and geopolitical events influence investor sentiment and on-chain activity. Evaluate Layer-2 Growth: Monitor the Lightning Network’s growth. More off-chain transactions indicate network efficiency, even if base-layer counts are impacted. Stay Informed & Skeptical: Verify data sources and understand metric methodologies. Market intelligence should inform, not dictate, your strategy. Patience and research are paramount. Conclusion: What’s Next for Bitcoin’s Network? The recent drop in Bitcoin daily active addresses to 380,000, as highlighted by Santiment, reminds us of the crypto market’s dynamic nature. While this decline might signal reduced network engagement, a deeper analysis reveals a complex interplay of market cycles, investor behavior, Layer-2 maturation, and the distinct utility of blockchains like Ethereum. Evaluating Bitcoin’s health requires a holistic view, integrating various on-chain metrics, market sentiment, and broader macroeconomic trends. This shift isn’t necessarily a doomsday scenario but an invitation for a more nuanced perspective on digital assets. Frequently Asked Questions (FAQs) What are Bitcoin daily active addresses? Bitcoin daily active addresses refer to the number of unique blockchain addresses that were active as either a sender or a receiver of Bitcoin on a given day. Why did Bitcoin’s active addresses drop in July? The drop in July could be attributed to a combination of factors including bear market fatigue, consolidation of holdings by large entities, increased use of Layer-2 solutions like the Lightning Network, and general macroeconomic conditions affecting investor sentiment. How does Ethereum’s active address count compare to Bitcoin’s? During July, Ethereum maintained a more stable active address count of around 511,000, contrasting with Bitcoin’s sharp decline. This is largely due to Ethereum’s diverse ecosystem of dApps, DeFi, NFTs, and smart contract functionality. Does a drop in active addresses mean Bitcoin is failing? Not necessarily. While a decline can indicate reduced short-term engagement, it doesn’t automatically mean failure. It’s crucial to consider other on-chain metrics and broader market trends for a complete picture. What other metrics should I look at to assess Bitcoin’s health? Beyond active addresses, consider transaction volume, miner revenue, exchange inflows/outflows, long-term holder behavior, and the growth of Layer-2 solutions to gain a more comprehensive understanding of Bitcoin’s network health. How do Layer-2 solutions impact active address counts? Layer-2 solutions like the Lightning Network handle transactions off the main blockchain. While this improves scalability and reduces fees, these off-chain transactions are not typically counted in the base-layer’s daily active addresses, potentially leading to a lower reported number even if overall activity is high. Share Your Insights! Found this analysis insightful? Share this article with your network on social media and spark a conversation about the evolving landscape of Bitcoin daily active addresses and what it means for the future of crypto! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action . This post Bitcoin Daily Active Addresses: Unveiling the Alarming Drop first appeared on BitcoinWorld and is written by Editorial Team
🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Bitcoin’s price dropping
The stablecoin giant said it has $127 billion in exposure to U.S. Treasuries.
A closely followed crypto analyst says that one metric is signaling Bitcoin ( BTC ) may surge to a massive new all-time high. In a new thread, crypto trader Ali Martinez tells his 145,200 followers on the social media platform X that, based on the short-term holder (STH) cost basis model, Bitcoin may increase more than 19% from its current value. The STH cost basis model is an on-chain metric that estimates the average price at which short-term Bitcoin holders acquired their coins. The metric can be used to spot potential entry and exit points. “As long as the $105,450 support holds, Bitcoin could be on track for a move to $125,230 and potentially $141,770, based on the short-term holder cost basis.” Source: Ali Martinez/X The analyst also uses the cumulative value-days destroyed (CVDD) metric, which looks at the value of each Bitcoin transaction while giving weight to the number of days since the coins were last moved. The CVDD is used to spot potential market tops and bottoms. “The next Bitcoin top could be at $149,679!” Source: Ali Martinez/X Bitcoin is trading for $118,250 at time of writing, up marginally in the last 24 hours. Next up, Martinez says that Ethereum may increase more than 35% from its current value based on pricing bands derived from ETH ‘s Market Value to Realized Value (MVRV) indicator, which is used to identify the key levels of support. “As long as the $3,300 support holds, Ethereum could be on track for a move to $4,220 and potentially $5,140, based on the MVRV Pricing Bands.” Source: Ali Martinez/X ETH is trading for $3,787 at time of writing, down marginally on the day. Looking at XRP , the analyst says that the payments token may be forming a bullish reversal pattern on the four hour chart and potentially increase by more than 16% from its current value. “XRP could be forming a double bottom pattern! A close above $3.30 may confirm the breakout and open the door to $3.60.” Source: Ali Martinez/X XRP is trading for $3.10 at time of writing, down 1.2% in the last 24 hours. Lastly, the analyst says that the Tom DeMark (TD) Sequential indicator – which is used to determine potential points of reversal for an asset – suggests Dogecoin ( DOGE ) may soon have a bounce. “Dogecoin is ready for another leg up as the TD Sequential presents a buy signal on the daily chart!” Source: Ali Martinez/X DOGE is trading for $0.21 at time of writing, down 1.6% on the day. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE3 The post Trader Says One Metric Suggests Bitcoin Could Surge to This New All-Time High Level, Outlines Path Forward for Ethereum, XRP and Dogecoin appeared first on The Daily Hodl .
Ethereum’s ten-year milestone has been marked not just by reflection but by a steady rally that has investors bracing for what could be the cryptocurrency’s next big breakout. With ETH trading at $3,800 at press time, still 24% below its all-time high, pseudonymous CryptoQuant analyst CoinCare says its subdued futures funding rates and deep-pocketed accumulation suggest the uptick is far from over. The Funding Rate Divergence According to CoinCare, Ethereum’s ongoing four-month rally is quite similar in magnitude to a previous surge that happened between the start of Q4 2023 and the end of Q1 2024. However, unlike that run, where funding rates became overheated, today’s futures funding levels remain near pre-rally lows. “In the current rally, there has been no overheating in funding rates,” wrote CoinCare. “In fact, the current funding rates are closer to the levels seen before the October 2023 rally began.” CoinCare believes this is a sign that “a cooldown after a short-term surge is essential,” following which ETH could “enter a full-fledged rally” driven by renewed speculative interest. Beyond derivatives, fundamental and on-chain forces also support Ethereum’s potential breakout. For instance, heavyweight Ethereum investors recently acquired 220,000 ETH, worth an estimated $850 million, in just 48 hours. This boosted their holdings to 23.5% of the asset’s supply, a record high that should lessen market liquidity and amplify an upward push. At the same time, spot ETH ETFs have attracted roughly $5 billion in just 17 days, adding steady demand from regulated investment vehicles. Meanwhile, exchange balances have plunged to a near-decade low of 19 million ETH, with more than 1 million coins withdrawn in the past month alone, potentially reducing immediate sell-side pressure. Price Momentum Looking at the market, ETH has gained 1.7% in the past 24 hours, 7.9% in the last week, and 57% across 30 days. It is currently trading within a tight $3,708 to $3,874 range, with $4,000 as the next key resistance level and $3,500 providing critical short-term support. Analyst Ali Martinez believes going above $4,100 could trigger “the real breakout” for ETH, marking a major psychological shift and potentially opening the door for a run towards its 2021 all-time high. Despite short-term warning signals, such as an overbought RSI and a potential pullback toward $3,300 highlighted in CryptoPotato’s latest analysis , the bigger on-chain picture remains decisively bullish. If CoinCare’s funding-rate thesis proves accurate and institutional demand continues to grow, ETH’s next chapter could be written not with caution but with new highs. The post Ethereum’s Low Funding Rates Signal ‘Full-Fledged’ Rally Ahead: Analyst appeared first on CryptoPotato .
🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Fold’s collaboration with
Today marks the final day before tariff implementation, sparking global economic attention. White House confirms tariffs will proceed; countries seek last-minute negotiations with Trump. Continue Reading: White House Drives Global Trade Talks with Urgency The post White House Drives Global Trade Talks with Urgency appeared first on COINTURK NEWS .
Global payments giant Visa announced that it has expanded its stablecoin-supported payment infrastructure. Visa will now support the Stellar (XLM) and Avalanche (AVAX) blockchains, the company announced today, adding two new networks to its existing Ethereum and Solana support. With the new update, Visa will begin supporting two dollar-denominated stablecoins, PayPal USD (PYUSD) and Global Dollar (USDG), in partnership with Paxos, while also supporting the euro-denominated EURC stablecoin issued by Circle. This means Visa's platform now supports payments in both US dollars and euros. Supporting four stablecoins, USDC, PYUSD, USDG, and EURC, on four different blockchains in total, Visa aims to accelerate cross-border transactions and increase inter-system compatibility for fintech companies, banks, and digital wallet developers with this step. Related News: Investment Company President Discusses SEC's Historic Bitcoin Decision Yesterday: “Much Bigger Than Expected” Visa was one of the traditional payments giants to enter the stablecoin space early with its pilot with USDC in 2020. Last year, it also launched a tokenization platform to help banks and institutions issue tokens and stablecoins. Rubail Birwadker, Head of Global Growth Products and Strategic Partnerships at Visa, made the following statement on the subject: “We believe that stablecoins, if reliable, scalable, and interoperable, have the potential to fundamentally change how money moves around the world. At Visa, we are building a multi-coin, multi-chain architecture to meet the needs of our global partners.” *This is not investment advice. Continue Reading: Visa Announces It Has Added Two Altcoin Networks to Its Payment Infrastructure – One of Them Is XRP’s Biggest Competitor
$CFX rebounded 7% after yesterday’s brutal 27% plunge, with bulls now battling to hold the key $0.20 level. As China’s sole government-approved Layer-1 blockchain celebrates new transaction milestones, weakening technicals suggest this recovery may be fragile. The volatile price action comes amid Conflux Network’s expanding influence in Asia’s regulated crypto sector, where its unique compliance status fuels adoption. Conflux Network ($CFX): Scalable Innovation Driving Ecosystem Growth Conflux Network is a Layer-1 blockchain built for speed, compliance, and real-world use, especially in Asia. The platform leverages its unique Tree-Graph consensus mechanism to achieve scalability. This mechanism, in combination with Conflux Network’s hybrid proof-of-work and proof-of-stake consensus, allows high transaction speeds and low costs. This makes the network suitable for various decentralized applications and Web3 development. A key differentiator is Conflux’s unmatched regulatory alignment. As the only Chinese government-approved public blockchain, it plays an important role in the region’s digital infrastructure. New Partnership & AGNT Connect Listing – @Conflux_Network joins the AGNT Hub ecosystem! Conflux Network is a permissionless Layer 1 blockchain that connects decentralized economies worldwide. It enables creators, communities, and markets to connect across borders and protocols… pic.twitter.com/gwwMX7DC0E — AGNT Hub (@agnt_hub) June 12, 2025 This compliance has propelled institutional trust, which was reflected in the $CFX token’s recent price highs earlier in the week, marked by explosive trading volume and sustained buying pressure. Analysts attribute this momentum to the imminent Conflux 3.0 mainnet upgrade, strategic stablecoin integrations, and accelerating real-world use cases. Strong On-Chain Metrics and Institutional Momentum Boost $CFX Adoption From its academic origins in Shanghai, Conflux has grown into a global Layer-1 force, now supporting 25+ million users and 170+ million transactions. New Partnership & AGNT Connect Listing – @Conflux_Network joins the AGNT Hub ecosystem! Conflux Network is a permissionless Layer 1 blockchain that connects decentralized economies worldwide. It enables creators, communities, and markets to connect across borders and protocols… pic.twitter.com/gwwMX7DC0E — AGNT Hub (@agnt_hub) June 12, 2025 The blockchain continues to gain momentum as it advances through its mainnet phases. $CFX currently has a modest but growing total value locked (TVL) of approximately $16.72 million, according to DeFiLlama . New Partnership & AGNT Connect Listing – @Conflux_Network joins the AGNT Hub ecosystem! Conflux Network is a permissionless Layer 1 blockchain that connects decentralized economies worldwide. It enables creators, communities, and markets to connect across borders and protocols… pic.twitter.com/gwwMX7DC0E — AGNT Hub (@agnt_hub) June 12, 2025 Conflux has also been busy teaming up with both public and enterprise organizations. The network’s most recent partnerships include prominent names such as the Shanghai Municipal Government, China Telecom, and Little Red Book. In the case of Little Red Book, known as China’s Instagram, the network integrated with Conflux for easy NFT minting on its permissionless blockchain. New Partnership & AGNT Connect Listing – @Conflux_Network joins the AGNT Hub ecosystem! Conflux Network is a permissionless Layer 1 blockchain that connects decentralized economies worldwide. It enables creators, communities, and markets to connect across borders and protocols… pic.twitter.com/gwwMX7DC0E — AGNT Hub (@agnt_hub) June 12, 2025 Other recent milestones include a partnership with AnchorX and Eastcompeace to launch a CNH-pegged stablecoin supporting Belt and Road payments, to boost cross-border trade and financial inclusion. Conflux also partnered with AGNT Hub to allow creators, communities, and markets to connect across borders and protocols. New Partnership & AGNT Connect Listing – @Conflux_Network joins the AGNT Hub ecosystem! Conflux Network is a permissionless Layer 1 blockchain that connects decentralized economies worldwide. It enables creators, communities, and markets to connect across borders and protocols… pic.twitter.com/gwwMX7DC0E — AGNT Hub (@agnt_hub) June 12, 2025 The ecosystem continues to expand through DeFi, NFT platforms, and interoperability tools like ShuttleFlow, driving user engagement. Conflux Network combines technological innovation, regulatory compliance, and institutional partnerships, factors that may support its growth and adoption in 2025. However, after rallying sharply from the $0.191 low, $CFX/USDT has shown weakening momentum near the $0.2338 resistance level, where price action stalled during the session. $CFX/$USDT: Short-Term Buyers Fatigued Below Resistance The Conflux token initially responded well to the support test, bouncing with strength through the $0.21 handle and attempting to reclaim lost ground. However, the reaction at the upper boundary of the move lacked substantial follow-through strong enough to move the needle, and the subsequent rejection has shifted the short-term tone back to caution. New Partnership & AGNT Connect Listing – @Conflux_Network joins the AGNT Hub ecosystem! Conflux Network is a permissionless Layer 1 blockchain that connects decentralized economies worldwide. It enables creators, communities, and markets to connect across borders and protocols… pic.twitter.com/gwwMX7DC0E — AGNT Hub (@agnt_hub) June 12, 2025 Looking at the 30-minute price structure, the rebound appears corrective in nature. The rejection from $0.28 two days earlier marked the peak of an aggressive vertical rally. This was followed by a sustained sell-off and base formation near $0.191, but the recovery since then has failed to reclaim the mid-range. The inability to break through $0.2338 and form a higher high weakens the bullish case. Current price action, hovering near $0.211, suggests a potential rollover if buyers don’t step in soon. The RSI indicator doesn’t fare better, as it has cooled off too. After topping above 70, it has shifted down toward 42, without any signs of bullish divergence. The MACD offers a similar message. Both the main line and signal line are tightly compressed around zero, with histogram bars diminishing. There is little evidence of building trend strength on either side. New Partnership & AGNT Connect Listing – @Conflux_Network joins the AGNT Hub ecosystem! Conflux Network is a permissionless Layer 1 blockchain that connects decentralized economies worldwide. It enables creators, communities, and markets to connect across borders and protocols… pic.twitter.com/gwwMX7DC0E — AGNT Hub (@agnt_hub) June 12, 2025 $CFX volume footprint data also illustrates this exhaustion. During the move up toward $0.2338, positive delta supported the price. But the tone changed just beneath $0.218, where several candles started printing negative delta despite solid total volume. We can infer that passive sellers have stepped in to absorb market buys. The strong buying effort between $0.211–$0.213 was met with resistance, and since then, net delta has turned red again. Unless price reclaims the $0.218–$0.220 area in strength, we expect further downside pressures to resume. However, a price slump below $0.209 would expose $0.201 and potentially invite a retest of the $0.191 base. For now, the bounce appears to be losing steam as supply caps further progress. The post Conflux (CFX) Surges 7% Amid Breakout Rally and Major Upgrades appeared first on Cryptonews .
🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! The third major