The DHN token price quickly dropped 50% after Ethereum co-founder Vitalik Buterin sold off the tokens he received for free, exchanging them for $125,000 in ETH. With a single trade, Ethereum co-founder Vitalik Buterin appears to have cut the Dohrnii memecoin’s price in half — dumping tokens on the open market in exchange for Ethereum ( ETH ). On Tuesday, March 18, on-chain monitoring platforms showed that Buterin sold 5,000 DHN for $125,000 worth of Ethereum on Uniswap. Despite the sale, he still holds another 5,000 DHN, valued at around $114,600, which he received for free from Dohrnii Labs’ treasury on Jan. 29, according to data from Spot On Chain. Hey @VitalikButerin , we’d love to buy out your $DHN in an OTC deal to minimize market fluctuations from future sales. https://t.co/5Rc9jGbU8a — Dohrnii Labs (@Dohrnii_io) March 18, 2025 Following the sharp price drop, the Dohrnii team reached out to Buterin on X, offering to buy out his remaining DHN in an over-the-counter deal to “minimize market fluctuations from future sales.” As of press time, Buterin made any public statements regarding the offer. You might also like: Vitalik Buterin dumps Popcat and other meme coins, makes $2.24m After the sell-off, a buyback was recorded, and DHN’s price bounced back to previous levels. As of press time, DHN is trading at $40, per data from crypto price aggregators. However, amid the sale, concerns about the token’s legitimacy have surfaced, with some alleging manipulation. https://twitter.com/Nepalikanchhaa/status/1897986422973354167 One user on X alleged that that DHN’s price is “highly manipulated” by the project’s creators and developers who have full control over the liquidity pool. The user also raised doubts about the project’s fundamentals, highlighting that an educational app with only 1,000 downloads had pumped DHN’s market cap to $17 billion, but “has a liquidity less than a million.” In its one-page whitepaper, Dohrnii calls itself an “educational tool” that wants to make financial education accessible to everyone. It says it uses blockchain, learn-to-earn features, and gamification to “transform” how people learn about finance, though it doesn’t get into any technical details at all. Read more: Saving Ethereum from itself: Experts weigh in on Vitalik Buterin’s ‘alignment’ plan
A contentious proposal in the Cronos ecosystem drew to a close late Monday, with the community voting in favor of the token supply growing from 30 billion CRO to 100 billion CRO over a 10-year vesting period. That, however, happened after weeks of the community leaning against the switch whilst a few CRO whales — or influential users who hold large amounts of a token — stepped up in the last few hours of the vote’s closure to nudge it into favor. Cronos, tied to crypto exchange Crypto.com, earlier in the month proposed reissuing 70 billion CRO tokens it burned in 2021, aiming to restore its original 100 billion token supply for a "Strategic Reserve.” The supposed $5 billion plan (at current $0.08 CRO prices) sought to boost U.S. crypto dominance, fund ecosystem growth and launch a CRO ETF. Community backlash was strong when the vote first went live, with 86% opposing it in the first few days. But crypto governance is notorious for being community-governed in name only; with large token holders able to dominate any proposals and changes at their will — even though the vote would be, in theory, executed transparently by the “community.” The proposal, live from March 2-16 and through its voting period, was nowhere near the 33.4% quorum needed to pass. Then, at 14:00 UTC on Monday, a 3.35 billion CRO vote dump flipped the script, hitting quorum and sealing the deal. Final count: 61.18% yes, 17.61% no, 20.11% abstain and 0.11% veto. Two influencer network validators, Starship and Falcon Heavy, backed the plan as of March 10, dwarfed by 77.97% against it and 8.47% abstaining at the time. On Monday, Electron, Antares, and Minotaur IV piled in — using a cumulative 3.2 billion CRO in voting power to vote for the proposal. Cronos network had an u pgrade lined up in the hours after the vote drew to a close and was finished on March 18 at 03:00 UTC, setting course for a more than 200% increase in supply in the coming years. Traders have responded in kind, with CRO down 8.5% in the past 24 hours amid a flat market.
In a move that’s turning heads in both traditional finance and crypto circles, Japan’s Metaplanet has just announced a significant expansion of its Bitcoin holdings. Buckle up, because this isn’t your typical corporate treasury strategy. Metaplanet, already known for its proactive stance on Bitcoin, is doubling down, issuing a substantial $13.4 million in zero-coupon bonds to fuel further Bitcoin Investment . Let’s dive into why this is a big deal and what it could mean for the future of corporate crypto adoption. Why is Metaplanet Making This Bold Bitcoin Investment? Metaplanet’s latest move is a clear signal of its unwavering belief in Bitcoin as a long-term store of value. But why bonds, and why now? Here’s a breakdown: Strategic Capitalization: Issuing bonds, especially at a 0% interest rate, allows Metaplanet to acquire capital without immediate repayment pressure. This is incredibly strategic, particularly when investing in an asset like Bitcoin, which they expect to appreciate over time. Diversification and Inflation Hedge: For Metaplanet, Bitcoin Investment is not just about speculation; it’s about diversifying their treasury and hedging against potential inflationary pressures. In a world of economic uncertainty, Bitcoin is increasingly seen as a safe haven asset. Public Signal of Confidence: This bond issuance sends a strong message to the market about Metaplanet’s confidence in Bitcoin’s future. It’s a public declaration that they are committed to their Bitcoin strategy and believe in its long-term potential. Following MicroStrategy’s Lead?: While not explicitly stated, Metaplanet’s strategy mirrors that of MicroStrategy, a US-based company that has famously adopted Bitcoin as its primary treasury reserve asset. This move could inspire other corporations to explore similar strategies of Corporate Bitcoin Adoption . Japan’s Metaplanet and the Zero Percent Bond Advantage The fact that Metaplanet is based in Japan adds another layer of intrigue to this story. Japan has historically been quite progressive in its approach to cryptocurrencies. Issuing Japan Bitcoin Bonds , especially with a 0% coupon, highlights several advantages: Favorable Regulatory Environment: Japan’s relatively clear and supportive regulatory framework for cryptocurrencies makes it a conducive environment for companies like Metaplanet to operate and innovate in the crypto space. Low Interest Rate Environment: Japan’s long-standing low-interest-rate environment makes issuing Zero Percent Bonds more feasible and attractive. Investors are potentially more willing to accept lower or no interest in exchange for exposure to a company with a promising Bitcoin strategy. Global Market Access: Being a publicly listed Japanese company gives Metaplanet access to global capital markets, allowing them to tap into a wider pool of investors interested in crypto-related investments. What are the Potential Benefits of Corporate Bitcoin Adoption? Metaplanet’s bold move raises a crucial question: what are the broader benefits of Corporate Bitcoin Adoption ? Beyond individual company strategies, there are potential systemic advantages: Benefit Description Enhanced Treasury Diversification Bitcoin offers a non-correlated asset class, reducing portfolio volatility and potentially improving risk-adjusted returns. Inflation Hedge Bitcoin’s scarcity and decentralized nature can act as a hedge against inflation, preserving the purchasing power of corporate reserves. Increased Investor Appeal Companies embracing innovative technologies like Bitcoin can attract a new wave of investors interested in future-forward businesses. Competitive Advantage Early adopters of Bitcoin may gain a competitive edge by positioning themselves at the forefront of financial innovation. Are There Challenges to Corporate Bitcoin Adoption? While the potential benefits are compelling, Corporate Bitcoin Adoption isn’t without its challenges. Companies considering this path must be aware of: Volatility Concerns: Bitcoin’s price volatility remains a significant concern for corporate treasurers who are typically risk-averse. Managing this volatility requires sophisticated risk management strategies. Regulatory Uncertainty: While Japan is relatively clear, regulatory landscapes for cryptocurrencies are still evolving globally. Companies need to navigate varying and sometimes unclear regulations in different jurisdictions. Accounting and Tax Complexity: Accounting for and taxing Bitcoin holdings can be complex and may require specialized expertise. Clear guidelines are still being developed in many regions. Security Risks: Safeguarding substantial Bitcoin holdings requires robust security measures to prevent theft or loss. Companies must invest in secure custody solutions. Metaplanet Bitcoin: An Example to Watch Metaplanet’s actions serve as a fascinating case study in Metaplanet Bitcoin strategy and Corporate Bitcoin Adoption . As they continue to navigate this space, here are some key takeaways and actionable insights: Long-Term Vision: Metaplanet’s approach is clearly long-term focused. They are not looking for quick profits but rather building a treasury strategy around Bitcoin’s potential for long-term growth. Strategic Financing: Utilizing Zero Percent Bonds is a smart financial maneuver, minimizing borrowing costs while maximizing exposure to Bitcoin’s upside. Transparency is Key: Metaplanet’s public announcements and disclosures build trust and transparency, which is crucial for attracting investors and stakeholders. Risk Management is Essential: While not explicitly detailed in the announcement, it’s crucial for Metaplanet (and any company adopting Bitcoin) to have robust risk management strategies in place to address volatility and security concerns. The Future of Corporate Bitcoin Treasuries Metaplanet’s latest bond issuance could be a watershed moment, potentially signaling a broader trend of Corporate Bitcoin Adoption . As more companies observe Metaplanet’s journey and the potential benefits, we might see a significant increase in corporate treasuries allocating a portion of their reserves to Bitcoin. This could have profound implications for both the Bitcoin market and the broader financial landscape, driving further legitimacy and institutional interest in cryptocurrencies. In conclusion, Metaplanet’s bold $13.4 million Bitcoin Investment via 0% bonds is more than just a financial transaction; it’s a strategic statement. It underscores the growing acceptance of Bitcoin as a legitimate corporate treasury asset and potentially paves the way for a new era of institutional crypto adoption. Keep watching this space – the corporate crypto revolution might just be getting started. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption.
Microsoft has announced the projects it’s selected to demonstrate the latest AI innovations at ChangeNOW Summit – and OriginTrail features prominently. The developer team behind the Decentralized Knowledge Graph for broadening access to artificial intelligence will present at the Paris conference that runs from April 24-26 at the Grand Palais. In a further coup, OriginTrail has revealed that it’s received a fresh investment from umanitek. Good News Comes in Twos AI is everywhere now, and thus of course it’s destined to feature prominently at ChangeNOW , the global summit dedicated to addressing sustainability. More than 40,000 delegates are expected to descend on Paris for the three-day event and amongst them will be members of the OriginTrail team, preparing to demo their Decentralized Knowledge Graph and other AI products, having been given the green light by Microsoft.The ability to outline technology to an influential non-web3 audience is a coup for OriginTrail, furnishing it with the ideal stage on which to espouse the benefits that blockchain and AI bring to bear when judiciously combined. OriginTrail is in the trusted knowledge sharing business, supporting discoverability and trust for industries ranging from supply chain to DeSci – themes that it will doubtless be delving into at length during the course of its ChangeNOW product demo. But it’s not the only task keeping its team occupied in the months to come – there’s also a solution to build out from new investor umanitek. Transparency for Real World Assets umanitek is in the internet safety business. Specifically, the business of reducing disinformation, AKA fake news. In OriginTrail, it believes it’s found an AI-equipped partner willing to support these goals through smart implementation of technology. According to umanitek chairman Chris Rynning, “We invested in OriginTrail to drive transparency and trust for any real world asset. Now, we have co-founded umanitek to combat harmful content, IP infringements and fake news, using the OriginTrail technology across internet platforms.” OriginTrail has long been advocating the versatility of its technology, and in umanitek it’s found the perfect opportunity to demonstrate this. Among the pernicious online trends umanitek appears determined to mitigate is deepfakes and untrustworthy content peddled by AI that can make it even harder to separate fact from fiction. The solution to bad AI, it believes, is good AI, which is where OriginTrail comes into the picture. Knowledge Is Power Working with the belief that “knowledge shared is power multiplied,” OriginTrail would appear to be a good fit for supporting umanitekt’s goals of fostering a more credible internet where AI’s worst excesses are kept in check. OriginTrail’s solution is built around Knowledge Assets: valuable pieces of information or intellectual property that can be used to benefit an individual or organization. Its technology enables this knowledge to be verified, preventing the need to simply trust on a web awash with mistrust.At ChangeNOW, however, OriginTrail is less likely to be discussing fake news and more likely to be exploring what its tech can do to support sustainable goals, such as making scientific data with trusted sources easier to find while still protecting proprietary value for its owner. When its team takes the stage in late April, a large audience of global leaders and changemakers will be watching keenly. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
The Bank of Korea remains firm against Bitcoin as a reserve asset. Political changes in South Korea affect digital asset regulation priorities. Continue Reading: South Korea’s Central Bank Stays Cautious on Bitcoin Reserves The post South Korea’s Central Bank Stays Cautious on Bitcoin Reserves appeared first on COINTURK NEWS .
The best altcoins are those with strong fundamentals, new tech and high growth. These emerging projects not only have unique use cases but also attract long term institutional interest. One of the most promising projects in this space is Dawgz AI – an Ethereum based AI powered cryptocurrency that combines automation, staking rewards and deflationary tokenomics. Unlike traditional meme coins, it has AI driven analytics, making it a high utility asset not just a speculation token. With growing adoption, increasing community support and upcoming exchange listings, it is positioning itself as one of the next big altcoin in 2025. Why Altcoins Are Gaining Investor Attention Many investors are looking for higher returns by diversifying into altcoins with real world utility, AI and strong fundamentals. This is mainly driven by advancements in blockchain tech, rise of AI cryptos and institutional interest in emerging digital assets. As a result, altcoins are positioning themselves as the next big growth area in crypto investing. Several reasons are driving a renewed interest in altcoins in 2025: Bitcoin’s Influence on the Market – altcoins tend to moon following Bitcoin’s rallies, a phenomenon known as altcoin season. AI & Blockchain – Cryptos that merge AI with blockchain, such as $DAGZ, are experiencing growing adoption and utility driven growth. Institutional Investment – Hedge funds and institutional investors are putting more money into promising altcoins, they see huge long term returns. Real Utility – More and more altcoins are offering use cases beyond speculation, making them stronger long term investments. The cryptocurrency market has cycles where Bitcoin leads, then the broader altcoin market rallies as investor sentiment grows. This means capital rotating from Bitcoin to altcoins could result in big price moves for well positioned projects. What to Look for When Choosing the Best Altcoins Not all altcoins are created equal. While some projects are driven by speculation and short term hype, others have strong fundamentals, active dev teams and clear use cases and are positioned for long term growth. Finding high potential tokens early can result in big gains, especially when investing in emerging sectors like AI cryptos and DeFi innovations. Tech & Innovation – Projects with AI, DeFi or real world applications tend to gain traction as they provide actual benefits beyond just being a tradable asset. The more disruptive andproblem-solving the tech, the more adoption. Tokenomics & Scarcity – Deflationary models with limited supply like Dawgz AI can drive long term price appreciation by reducing supply over time. Token burn and staking incentives further reduces supply, supporting long term price growth. Staking & Passive Income – Coins with staking rewards and yield farming attract long term holders, helps to stabilize prices and incentivize holding rather than selling. This mechanism also contributes to liquidity and network security. Community & Dev Activity – The most successful altcoins have engaged user bases and active dev teams that constantly improve the project, launch new features and foster adoption. A strong, loyal community is the backbone of a project’s success, drives awareness and utility. Upcoming Listings – New listings bring in liquidity and new investors, often resulting in price growth. The more widely available a token is on CEXs and DEXs, the higher the adoption potential. Strategic partnerships and listings on major exchanges is a catalyst for increased demand. Historically, some of the biggest crypto gains have come from early stage investments in promising altcoins before they go mainstream. A recent Modern Diplomacy report shows how investors who identify undervalued tokens early could see exponential returns, it’s all about entry points and research before investing. One to Watch in 2025: Dawgz AI As AI cryptos gain traction, $DAGZ is emerging as the standout in this space. Unlike traditional meme coins, it combines AI with blockchain automation, making it a high utility asset not just a token. With its AI driven analytics, staking rewards and strong tokenomics Dawgz AI is attracting both retail and institutional investors. Why this project stands out: AI Trading & Automation – Machine learning algorithms improve investment decisions and automated strategies. Deflationary Tokenomics – Limited supply means long term scarcity and appreciation. Passive Income via Staking – Holders can stake $DAGZ to earn rewards, long term investors love this. Upcoming CEX Listings – More liquidity and market exposure will drive adoption and accessibility. Growing Community & Ecosystem – Dawgz AI is building a strong and engaged user base, adoption and growth. Dawgz AI is one of the most innovative AI cryptos of the year, merging blockchain with automation and financial incentives. With a dedicated community, upcoming listings and AI driven features, $DAGZ is one to watch in 2025. To learn more about the future of AI in crypto, check out this insightful video that delves deeper into the potential of Dawgz AI. YouTube Link Conclusion: Are these the hidden gems that will lead the next altcoin rally? The best altcoins to buy now are those that have real utility, AI integration and long term value creation. As investors search for hidden gems that will hit $1 and beyond, AI driven projects are gaining traction, the trend is shifting towards smart automation in crypto trading and investment strategies. With market momentum building, AI powered projects like Dawgz AI are positioning themselves as the next breakouts in the altcoin space. As institutional interest grows and exchange listings increase accessibility, these emerging assets could be the next cryptos to the moon. If you want to get in early, now is the time to look into promising AI integrated altcoins before they go mainstream. The post Best Altcoins to Buy Now: Next Crypto to Hit $1 in These Hidden Gems appeared first on CoinGape .
Japan’s Metaplanet recently purchased 150 BTC, bringing its total Bitcoin holding to 3,200 BTC. This purchase follows the firm’s ¥2 billion ordinary bond issuance to EVO FUND. In a recent company notice, the Japanese investment firm declared that it has recently bought 150 BTC ( BTC ) at an average price of ¥12.5 million ($83,611) per Bitcoin. The firm stated that the acquisition of Bitcoin is part of its ongoing efforts to further expand its Bitcoin Treasury Operations. At press time, the company’s Bitcoin investments have reached a total of 3,200 BTC, which is equal to more than $266 million at current market prices. According to data from crypto.news, Bitcoin has dipped slightly by 0.24% in the past 24 hours of trading. BTC is currently trading hands at $83,323. The largest cryptocurrency by market cap has gone up by 3.5% in the past week. Despite this, its monthly performance has reflected a downward trend, as BTC has fallen by 14% in the past month. Price chart for Bitcoin in the past 24 hours of trading, March 18, 2025 | Source: crypto.news You might also like: Bitcoin-focused Metaplanet’s total holdings break through 3k BTC According to the notice, Metaplanet’s BTC yield, which measures the amount of Bitcoin held per share, grew by 309.8% in Q4 2024. Meanwhile, in the first quarter of 2025, calculated from Jan. 1 until March 18, Metaplanet rose from 53.2% to 60.8%, compared to the previous purchase on March 12. Earlier today, Metaplanet issued ¥2 billion worth of ordinary bonds to EVO FUND, which marks the ninth issuance of ordinary bonds from the Japanese firm overall. According to the filing, the firm aims to use the funds generated by the bond issuance to buy more Bitcoin. Despite the issuance, Metaplanet’s shares fell by 0.5% to a price of ¥4,030, according to Google Finance . Since April 2024, Metaplanet has been gradually acquiring more BTC after it launched its own Bitcoin Treasury Operations. Often dubbed the “Asian Strategy (formerly MicroStrategy ),” the Japanese firm has been gradually growing its Bitcoin holdings. Since it started purchasing Bitcoin in April 2024, Metaplanet’s stock price has increased by more than 3,000%. Read more: Metaplanet issues another set of 0% ordinary bonds to purchase more Bitcoin
Is the crypto market swaying in favor of Bitcoin, or are altcoins poised for a surge? The latest readings from the Altcoin Season Index are in, and they paint a clear picture of the current market landscape. For crypto enthusiasts and investors closely monitoring market trends, understanding the nuances of the Altcoin Season Index is absolutely vital. Let’s dive into what the current index of 20 signifies and what it means for your crypto strategy. Decoding the Altcoin Season Index: What’s the Buzz? The Altcoin Season Index , a valuable tool provided by CoinMarketCap (CMC), acts as a compass for navigating the ever-shifting tides of the cryptocurrency market. As of 00:30 UTC on March 18, the index registered a score of 20. This figure, a slight increase of one point from the previous day, isn’t just a number; it’s a powerful indicator revealing the prevailing market sentiment. But what exactly does an index of 20 tell us? Essentially, the Altcoin Season Index measures the comparative performance of altcoins against Bitcoin. It scrutinizes the top 100 cryptocurrencies listed on CMC, excluding stablecoins and wrapped tokens, over a 90-day period. The core principle is straightforward: it assesses how many of these top 100 coins have outperformed Bitcoin in terms of price performance. Here’s a simple breakdown to understand the index: Altcoin Season: This occurs when at least 75% of the top 100 altcoins have outperformed Bitcoin over the last 90 days. Imagine a scenario where a vast majority of cryptocurrencies are surging ahead of Bitcoin – that’s Altcoin Season in full swing. Bitcoin Season: Conversely, when 25% or fewer of these altcoins manage to surpass Bitcoin’s performance, we enter Bitcoin Season. This signifies a period where Bitcoin is leading the charge, and altcoins are generally underperforming relative to the market leader. The index score itself ranges from 1 to 100, providing a granular view of the market’s inclination. A score of 20, as we see today, leans heavily towards Bitcoin Season . Bitcoin Season in Full Swing: What Does it Mean for the Crypto Market? With the Altcoin Season Index at 20, it’s clear: we are currently navigating a Bitcoin Season . But what are the implications of this market phase? During a Bitcoin Season , Bitcoin tends to exhibit stronger price performance compared to most altcoins. This doesn’t necessarily mean altcoins are declining in value, but rather that Bitcoin is growing at a faster rate or experiencing less downward pressure. Historically, Bitcoin Seasons can be driven by several factors: Flight to Safety: In times of market uncertainty or volatility, investors often perceive Bitcoin as a safer haven compared to altcoins, leading to increased demand and price appreciation for Bitcoin. Institutional Interest: Large institutional investors often prefer Bitcoin due to its established history, larger market capitalization, and regulatory clarity in some jurisdictions. Increased institutional inflows can significantly boost Bitcoin’s price. Narrative Shifts: Dominant market narratives, such as Bitcoin’s role as ‘digital gold’ or a hedge against inflation, can attract capital towards Bitcoin, strengthening its market position. Navigating the Crypto Market During Bitcoin Season: Actionable Insights Understanding that we are in a Bitcoin Season is only the first step. The crucial question is: how can you leverage this information to make informed decisions in the crypto market? Portfolio Rebalancing: Consider reviewing your portfolio allocation. If your portfolio is heavily weighted towards altcoins, you might want to rebalance by increasing your Bitcoin holdings, at least temporarily, to align with the prevailing market trend. Focus on Bitcoin Analysis: During Bitcoin Season , paying close attention to Bitcoin’s price action, on-chain metrics, and market sentiment can provide valuable insights into overall market direction. Bitcoin’s movements often set the tone for the broader crypto market. Selective Altcoin Trading: While it’s Bitcoin Season, opportunities in altcoins still exist. Focus on altcoins with strong fundamentals, upcoming catalysts (like project upgrades or partnerships), or those showing resilience even during Bitcoin’s dominance. Thorough research is key. Risk Management: Market cycles are inherent in crypto. Bitcoin Season won’t last forever. Maintain robust risk management strategies, including setting stop-loss orders and diversifying across different asset classes. Is Altcoin Season on the Horizon? What to Watch For. While the crypto market is currently experiencing a Bitcoin Season , the dynamic nature of cryptocurrencies means shifts can occur rapidly. Keeping an eye on key indicators can help anticipate a potential transition back to Altcoin Season : Altcoin Season Index Trend: Monitor the daily fluctuations of the Altcoin Season Index . A consistent upward trend, especially towards the 75 mark, could signal an approaching Altcoin Season. Bitcoin Dominance: Watch Bitcoin’s dominance in the overall crypto market capitalization. A decrease in Bitcoin dominance might suggest capital flowing into altcoins. Altcoin Outperformance: Track the performance of leading altcoins. If you observe a significant number of altcoins consistently outperforming Bitcoin, it could be an early indicator of a shift in market momentum. Market Sentiment Shift: Keep an eye on overall market sentiment. A move from risk-off to risk-on sentiment, often reflected in increased interest in higher-risk altcoins, can precede Altcoin Season. Conclusion: Staying Ahead in the Crypto Game The Altcoin Season Index serves as a crucial tool for understanding the ebb and flow of the crypto market. Currently indicating a Bitcoin Season , it highlights Bitcoin’s prevailing strength. By understanding these market dynamics and leveraging tools like the Altcoin Season Index , you can refine your investment strategies, navigate market cycles more effectively, and position yourself to capitalize on emerging opportunities in the exciting world of cryptocurrencies. Remember, informed decisions are the cornerstone of success in the volatile crypto landscape. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action.
CryptoQuant CEO Ki Young Ju announced today that Bitcoin’s bull cycle “is over” and warned investors to brace for “6–12 months of bearish or sideways price action.” This development comes after the on-chain analytics veteran had previously urged caution but maintained a measured outlook on the market as recently as two weeks ago. Is The Bitcoin Bull Run Over? In a post shared today via X, Ki stated:“Bitcoin bull cycle is over, expecting 6–12 months of bearish or sideways price action.” Related Reading: Bitcoin To $10 Million? Experts Predict Explosive Growth By 2035 Along with the comment, the CEO highlighted the Bitcoin PnL Index Cyclical Signals—an index that aggregates multiple on-chain metrics, such as MVRV, SOPR, and NUPL, to pinpoint market tops, bottoms, and cyclical turning points in Bitcoin’s price. According to Ki, this indicator has historically offered reliable buy and sell signals. He further explained how an automated alert, previously sent to his subscribers, combined these metrics into a 365-day moving average. Once the trend in this 1-year moving average changes, it often signals a significant market inflection point. As proof, Ki also shared a chart: “This alert applies PCA to on-chain indicators like MVRV, SOPR, and NUPL to compute a 365-day moving average. This signal identifies inflection points where the trend of the 1-year moving average changes.” Ki pointed to drying liquidity and fresh selling pressure by “new whales” who, he said, are unloading Bitcoin at lower prices. Notably, he revealed that CryptoQuant users who subscribed to his alerts received this signal before today’s public announcement. “With fresh liquidity drying up, new whales are selling Bitcoin at lower prices. Cryptoquant users who subscribed to my alerts received this signal a few days ago. I assume they’ve already adjusted their positions, so I’m posting this now.” Related Reading: Bitcoin Whale Shorts $445 Million In BTC—Traders Plot Explosive Liquidation This latest declaration contrasts remarks from just four days ago, on March 14, when Ki struck a more cautious tone, stating: “Bitcoin demand seems stuck, but it’s too early to call it a bear market.” At that time, he shared a chart of the Bitcoin Apparent Demand (30-day sum) indicator, which had turned slightly negative—an early signal that demand might be tapering off. Although Ki pointed out that demand could still rebound (as it has in past sideways phases), he acknowledged the possibility of Bitcoin teetering on the edge of a bear market. The pivot in sentiment is especially notable given Ki’s stance from two weeks ago. In that earlier post, he opined that the “bull cycle is still intact,” crediting strong fundamentals and growing mining capacity: “There’s no significant on-chain activity, and key indicators are neutral, suggesting the bull cycle is still intact. Fundamentals remain strong, with more mining rigs coming online.” However, he also cautioned that the market could turn if sentiment did not improve, particularly in the United States. With today’s announcement, the warning has evidently crystallized. Reflecting on the potential downside scenario, Ki said at the time: “If the cycle ends here, it’s an outcome no one wanted—not old whales, mining companies, TradFi, or even Trump. (FYI, the market doesn’t care about retail.)” At press time, BTC traded at $83,059. Featured image created with DALL.E, chart from TradingView.com
The bill seeks to allow wages and other labor-linked payments to be partially settled using virtual assets in Brazil and also calls for educating workers about volatility and transaction security issues. Lawmakers to Review Bitcoin Wages Bill in Brazil A new bill has been introduced in Congress to regulate the payment of wages and other