Don’t Miss Our May 21 AMA: Grants, Dev Programs & Ambassador Insights Await
STON.fi is hosting an exciting X Spaces AMA on May 21 at 1:00 PM CET — and you're invited!
Whether you’re a developer, content creator, or just passionate about TON-based DeFi, this session is packed with value. The team will unveil updates on the STON Grant Program, fresh opportunities for developers, and how to get involved in the STONbassador Program.
You’ll also get insider tips on how to maximize rewards and stay ahead as the ecosystem evolves. It's the perfect opportunity to ask questions, connect with the core team, and hear what’s coming next in the STON journey.
Set your reminder now — you don’t want to miss it.
DYOR reminder: Always verify details and explore opportunities carefully before getting involved.
#STONfi #TON #CryptoCommunity #AMA #DeFiUpdates
Bitcoin Profit: Stunning 99% of Addresses Now in the Green as BTC Eyes ATH
Imagine a market where almost everyone holding the main asset is sitting on gains. That’s the striking reality currently unfolding in the world of Bitcoin. As the pioneering cryptocurrency, Bitcoin (BTC), continues its powerful ascent and edges closer to breaching its previous all-time high (ATH), a remarkable statistic has emerged: a staggering 99% of all addresses holding BTC are now estimated to be in a state of Bitcoin profit. This data point, highlighted by the on-chain analytics platform Sentora (formerly known as IntoTheBlock) via a post on X, offers a profound look into the current market dynamics and investor sentiment.
This widely cited metric comes from the fascinating field of on-chain data. Unlike traditional markets where ownership is often opaque, the Bitcoin blockchain is a public ledger. Every transaction, every address holding a balance, is recorded and verifiable (though the identity behind an address isn’t public). On-chain analytics firms like Sentora analyze this vast amount of data to derive meaningful insights.
The ‘addresses in profit’ metric specifically looks at each individual Bitcoin address that holds a balance. For each address, the analytics platform estimates the average cost basis – essentially, the average price at which the BTC currently held in that address was acquired. This is often done by tracking the price of BTC when coins were moved *into* that address. If the current market price of Bitcoin is higher than the estimated average cost basis for an address, that address is considered to be ‘in profit’. Conversely, if the current price is lower, the address is ‘in loss’.
So, when we see that 99% of addresses are in profit, it means that for the vast majority of Bitcoin holders, the current market price is above the price at which they acquired their coins. This is a powerful indicator of the overall health and strength of the current bull market phase.
Understanding on-chain data is key to appreciating metrics like ‘addresses in profit’. The Bitcoin network records every transaction in blocks, forming a chain accessible to anyone. Analysts use sophisticated techniques to trace the movement of coins and estimate acquisition prices. Here are some core concepts involved:
The ‘addresses in profit’ metric is a more granular view, looking at the profitability status of individual holding addresses rather than just spent coins or aggregate values. The fact that 99% are in profit, as reported by Sentora, leverages these underlying on-chain principles to provide a near real-time snapshot of the market’s financial state from the perspective of holders.
The statistic that 99% of addresses are in Bitcoin profit is undeniably bullish, reflecting immense paper gains across the network. However, it also introduces a crucial dynamic: the potential for increased selling pressure. When assets are in profit, holders have a greater incentive to sell and realize those gains. As Bitcoin approaches and potentially surpasses its previous Bitcoin ATH, the temptation to sell will likely increase, especially for those who bought in previous cycles or during recent dips.
Historically, periods of high profitability, particularly as the market approaches or enters price discovery above an ATH, can coincide with increased volatility. While a large percentage of addresses in profit signifies strong underlying value and investor conviction up to this point, it doesn’t guarantee a smooth ride upwards. The market becomes a battleground between:
The sustainability of the rally depends on whether the demand from new buyers and the holding conviction of LTHs can outweigh the selling pressure from profit-takers. The 99% figure tells us the *potential* for selling exists across almost all addresses, but it doesn’t tell us how much Bitcoin those addresses hold or their willingness to sell.
Looking at BTC price analysis through the lens of historical market cycles provides valuable context for the current situation. Bitcoin’s price movements are often characterized by boom-and-bust cycles, roughly correlating with the four-year halving event. Each cycle has seen Bitcoin reach new ATHs, followed by significant corrections.
In previous bull markets, as Bitcoin approached or surpassed its prior peak, profitability across the network also soared. The 2017 bull run and the 2020-2021 bull run both saw periods where a very high percentage of addresses were in profit. Analyzing these periods using on-chain data reveals patterns in holder behavior:
The current state, with 99% in profit and the price nearing the Bitcoin ATH, aligns perfectly with the ‘Approaching/Surpassing ATH’ phase described above. Historical BTC price analysis suggests that while a new ATH is often achieved in this phase, it is also a period where distribution (selling by profitable holders) becomes a significant factor. The strength of the current rally will be tested by how well the market can absorb this potential selling pressure.
The fact that 99% of Bitcoin addresses are in profit has ripple effects throughout the broader crypto market trends. Bitcoin is the dominant force in the crypto ecosystem, and its price movements and holder sentiment heavily influence altcoins. When Bitcoin is performing strongly and holders are profitable, it typically signals a healthy market environment that can lift other cryptocurrencies.
Here are some potential implications for crypto market trends:
Monitoring crypto market trends requires paying close attention not just to Bitcoin’s price, but also to underlying metrics like profitability across the network. This 99% figure is a powerful signal that the market is in a state of widespread financial health for holders, setting the stage for potentially significant movements, both upwards and possibly volatile corrections.
The proximity of the current price to the previous Bitcoin ATH, combined with the fact that 99% of addresses are in profit, strongly suggests that the market has significant momentum aimed at surpassing that peak. Reaching a new all-time high is a major psychological and technical milestone. It puts Bitcoin into ‘price discovery’ mode, where there is no overhead resistance from previous sellers who bought at higher prices.
However, as discussed, the 99% profitability also means that a vast number of holders have the *option* to sell for a profit. The path to a new ATH is rarely a straight line. It will likely involve tests of resistance, potential pullbacks as profit is taken, and consolidation periods. Key factors supporting the push towards a new ATH include:
The 99% profitability metric, when viewed alongside these other factors and through the lens of BTC price analysis, paints a picture of a market primed for a potential breakout above the previous ATH. It signifies that the vast majority of existing holders are ‘in the money’, creating a strong foundation of perceived wealth within the ecosystem. While challenges like potential selling pressure remain, the confluence of high profitability, strong demand drivers, and historical cycle patterns makes the prospect of a new Bitcoin ATH appear increasingly probable.
For investors navigating the current market, the 99% profitability statistic offers several actionable insights:
The 99% profitability figure is not just a headline number; it’s a reflection of the collective financial position of almost every Bitcoin holder. It underscores the magnitude of the current rally and sets the stage for the critical phase as Bitcoin challenges its previous peak. Using on-chain data and sound BTC price analysis will be essential in navigating the exciting, yet potentially volatile, period ahead for crypto market trends.
The revelation that a stunning 99% of Bitcoin addresses are currently in profit, according to Sentora’s on-chain data, is a monumental statistic. It highlights the immense paper gains accumulated across the network during this powerful rally that has brought Bitcoin (BTC) to the doorstep of its previous all-time high. This widespread profitability is a testament to the strength of the current market cycle, fueled by factors like institutional adoption, anticipation of the halving, and renewed investor confidence.
While the high percentage of addresses in profit creates the potential for increased selling pressure as holders look to realize gains, especially around the Bitcoin ATH, it also signifies a market with a strong foundation of profitable holders. Historical BTC price analysis suggests that challenging and surpassing previous peaks is a key phase in a bull run, often accompanied by volatility but also significant upward movement if demand remains robust.
Ultimately, the 99% profitability figure is a powerful signal for crypto market trends. It indicates a market environment where optimism and financial health are widespread among holders, setting the stage for a potentially historic period as Bitcoin attempts to enter uncharted price territory.
To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action.
Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Texas Bitcoin Investment: Historic Bill Advances State Crypto Reserve Plan
Big news is brewing from the Lone Star State! The Texas legislature is making significant strides towards embracing digital assets, specifically Bitcoin. A bill that could authorize the state to directly invest in Bitcoin has successfully passed the Texas House. This development signals a potentially major shift in how states might manage reserves and explore new financial frontiers. For anyone watching the intersection of government finance and digital currencies, this move towards Texas Bitcoin investment is certainly one to keep an eye on.
At its core, the legislation known as the Texas Strategic Bitcoin Reserve and Investment Act aims to give the state the legal authority to hold and invest in Bitcoin. This isn’t just about allowing individuals or businesses within Texas to use crypto; it’s about the state government itself potentially becoming a participant in the Bitcoin market. According to reports, including one from @BTCTN on X, the bill has cleared a major hurdle by passing the House.
Think of state reserves like a savings account or investment portfolio for the government. These funds are typically invested in safe, stable assets like bonds or other traditional securities to ensure financial stability and potentially generate returns. The idea behind this Texas crypto bill is to explore the possibility of including Bitcoin within that portfolio.
Key aspects often considered in such legislation, based on similar discussions globally, would likely include:
While the precise details of the Texas bill’s current form await finalization and public release post-passage, the intent is clear: to open the door for state-level Bitcoin investment as a strategic financial move.
Texas has long positioned itself as a hub for innovation and business-friendly policies. Its strong energy sector, independent spirit, and growing tech scene make it a natural fit for exploring new technologies like blockchain and cryptocurrency. Several factors likely contribute to the state’s interest in pursuing a State Bitcoin reserve:
1. Economic Diversification and Innovation: Investing in Bitcoin could be seen as a way to diversify state assets beyond traditional markets and signal Texas’s commitment to being at the forefront of the digital economy. This could attract more cryptocurrency businesses and talent to the state.
2. Potential Inflation Hedge: With concerns about inflation impacting traditional fiat currencies, some proponents view Bitcoin as a potential store of value or hedge against the devaluation of the dollar over the long term. A State Bitcoin reserve could serve this purpose.
3. Capitalizing on Bitcoin’s Growth Potential: Despite its volatility, Bitcoin has shown significant growth over its history. State investment could potentially yield substantial returns, adding to state coffers without increasing taxes.
4. Leveraging the Energy Sector Connection: Texas is a major energy producer. Bitcoin mining is an energy-intensive process. There’s a growing movement to use excess or otherwise wasted energy (like flared gas) for Bitcoin mining. State involvement in Bitcoin could potentially tie into strategies for stabilizing the energy grid or utilizing energy resources more efficiently.
5. Attracting the Crypto Industry: By embracing Bitcoin at the state level, Texas enhances its appeal to cryptocurrency companies looking for favorable regulatory environments and supportive infrastructure. This aligns with the state’s broader economic development goals.
The push for Texas Bitcoin investment is multifaceted, driven by a mix of financial strategy, technological interest, and economic development ambitions.
The concept of a Texas Strategic Bitcoin Reserve is perhaps the most intriguing part of this bill. What would such a reserve look like in practice? It wouldn’t likely replace the state’s entire treasury overnight, but rather represent a specific allocation within the state’s broader investment portfolio.
Imagine a portion of state funds, perhaps earmarked from specific sources or set as a percentage limit, being converted into Bitcoin. This Bitcoin would then be held in secure digital wallets, likely managed by experienced financial professionals or a newly established state entity with expertise in digital assets.
The ‘strategic’ aspect implies that the reserve wouldn’t just be passively held. It could potentially be used for:
Creating a State Bitcoin reserve involves navigating significant technical and logistical challenges, particularly around security and custody. State funds would need the highest level of protection against hacks or loss of private keys.
Here’s a simplified comparison of traditional state reserves vs. a potential Bitcoin reserve:
The vision is bold and represents a significant departure from traditional state finance, highlighting the growing acceptance and potential role of Bitcoin investment in the public sector.
Should the bill become law and Texas proceed with Bitcoin investment, the state could realize several benefits:
These potential upsides explain the legislative drive and the enthusiasm from the crypto community regarding the Texas crypto bill.
Of course, investing public funds in a volatile asset like Bitcoin is not without its challenges and risks. Lawmakers and state officials would need to carefully consider and mitigate these factors:
Addressing these challenges through careful planning, clear policies, and transparent reporting would be crucial for the success and sustainability of a Texas Strategic Bitcoin Reserve.
While direct state government investment in Bitcoin reserves is relatively new in the U.S., other states and jurisdictions have explored various forms of cryptocurrency engagement:
The Texas crypto bill, specifically focusing on state treasury investment and a strategic reserve, represents a significant step beyond creating friendly regulations or city-level tokens. It places Texas among a small, but growing, group of governmental entities directly holding Bitcoin as a treasury asset.
With the passage through the Texas House, the bill now moves to the final stage of the state legislative process: the governor’s desk. Governor Greg Abbott will have the ultimate decision on whether to sign the Texas Strategic Bitcoin Reserve and Investment Act into law, veto it, or allow it to become law without his signature.
The governor’s stance on cryptocurrency has generally been perceived as positive, emphasizing innovation and attracting crypto businesses to the state. However, signing a bill authorizing direct state investment in a volatile asset like Bitcoin is a significant policy decision that will undoubtedly involve careful consideration of the potential benefits against the inherent risks.
The coming weeks will be critical as the bill undergoes final review. The crypto community, financial analysts, and Texas residents will be watching closely to see if the Lone Star State takes this historic leap into direct State Bitcoin investment.
For various stakeholders, the potential passage of this Texas crypto bill has several implications:
The potential Texas Bitcoin investment represents a fascinating development in the evolution of digital assets and their integration into traditional financial systems.
The passage of the Texas Strategic Bitcoin Reserve and Investment Act by the House marks a pivotal moment. While the bill still requires the governor’s signature, its progression highlights a growing legislative interest in integrating Bitcoin into state financial strategy. The potential establishment of a Texas Strategic Bitcoin Reserve could bring significant benefits, from economic diversification and attracting innovation to potential long-term investment returns. However, it also necessitates careful navigation of volatility, security, and regulatory challenges.
Texas is already a key player in the energy sector and increasingly in Bitcoin mining. Adding state-level Bitcoin investment to the mix could solidify its position as a leader in the digital asset space. This Texas crypto bill is more than just a financial maneuver; it’s a statement about embracing future technologies and exploring new models for state finance in the 21st century. All eyes are now on the governor to see if Texas will officially take this historic step towards State Bitcoin investment.
To learn more about the latest Bitcoin trends, explore our article on key developments shaping Bitcoin institutional adoption.
Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Lido V3 white paper draft released, planned to be finalized by mid-summer this year
Lido protocol developer pshe.eth published a post stating that the RFC draft of the Lido V3 white paper has been released. Lido contributors have been working on a new architectural direction for the protocol, centered around stVaults, an isolated staking position that decouples Ethereum’s staking methods (e.g., node operators, fees, risk preferences, Sidecar modules, etc.) from the liquidity layer. stVaults are expected to become a highly composable foundational component that can serve as a core cornerstone for creating strategies, protocols, and institutional staking products. The current draft covers a wide range of design aspects and is expected to continue to be optimized in the next few weeks, with the goal of finalizing the white paper by mid-summer this year.
Coreのソーシャルデータ
直近24時間では、Coreのソーシャルメディアセンチメントスコアは4で、Coreの価格トレンドに対するソーシャルメディアセンチメントは強気でした。全体的なCoreのソーシャルメディアスコアは496で、全暗号資産の中で144にランクされました。
LunarCrushによると、過去24時間で、暗号資産は合計1,058,120回ソーシャルメディア上で言及され、Coreは0.01%の頻度比率で言及され、全暗号資産の中で335にランクされました。
過去24時間で、合計496人のユニークユーザーがCoreについて議論し、Coreの言及は合計140件です。しかし、前の24時間と比較すると、ユニークユーザー数は減少で11%、言及総数は増加で180%増加しています。
X(Twitter)では、過去24時間に合計2件のCoreに言及したポストがありました。その中で、100%はCoreに強気、0%はCoreに弱気、0%はCoreに中立です。
Redditでは、過去24時間にCoreに言及した2件の投稿がありました。直近の24時間と比較して、Coreの言及数が50%減少しました。
すべてのソーシャル概要
4