The integration highlights a shift towards decentralized finance, enhancing 
liquidity and accessibility in prediction markets through blockchain.
The post Kalshi taps TRON to expand on-chain liquidity for prediction markets 
appeared first on Crypto Briefing.

Kalshi taps TRON to expand on-chain liquidity for prediction markets

Busch&#8217;s investment may signal confidence in American Bitcoin&#8217;s strategy, 
potentially influencing market perceptions and investor sentiment.
The post American Bitcoin board member Richard Busch buys $290,500 in ABTC 
shares appeared first on Crypto Briefing.

American Bitcoin board member Richard Busch buys $290,500 in ABTC shares

On-chain analytics platform Glassnode has revealed the number of Bitcoin 
supply that is currently sitting at a loss. This comes as the BTC price 
continues to trade below the psychological $90,000 level following its crash, 
which began last month. Here’s The Amount Of Bitcoin Supply At A Loss In a 
report, Glassnode revealed that the Bitcoin supply in loss has risen to 6.7 
million BTC, marking the highest level of loss-bearing supply observed in this 
cycle. The analytics platform further noted that this represents 23.7% of the 
circulating supply, which is currently underwater. 10.2% of this supply is 
held by long-term holders and 13.5% by short-term holders. Related Reading: 
The Bearish Structure That Puts Bitcoin Price At $92,550, And Then $82,000 
Glassnode stated that this distribution suggests that, much like in prior 
cycle transitions into deeper bearish regimes, the loss-bearing Bitcoin supply 
accumulated by recent buyers is gradually maturing into the long-term cohort. 
Meanwhile, the analytics platform noted that the 6-7 million range, which has 
been at a loss since mid-November, mirrors early transitional phases of prior 
cycles, where mounting investor frustration came before a shift toward more 
bearish conditions and intensified capitulation at lower Bitcoin prices. 
Notably, the Bitcoin price has dropped to levels last seen in 2024, erasing 
its year-to-date (YTD) gains. Glassnode stated that this has left behind a 
dense supply cluster accumulated by top buyers in the $93,000 to $120,000 
range. The resulting supply distribution is said to reflect a top-heavy market 
structure where recovery attempts are capped by heavy overhead sell pressure, 
especially in the early stages of a bearish phase. Glassnode declared that as 
long as the Bitcoin price remains below this range and fails to reclaim key 
thresholds, most notably the Short-Term Holder Cost Basis at $101,500, the 
risk of further corrective downside persists. BTC Spot Demand Is Unstable 
Glassnode revealed that the Bitcoin spot market flows continue to reflect an 
uneven demand profile across major venues. The Cumulative Volume Delta bias is 
said to show periodic bursts of buy-side activity, but has failed to develop 
into sustained accumulation, especially during the recent BTC price pullbacks. 
Related Reading: Why Is Bitcoin And Ethereum Prices Down Today? BlackRock 
Deposits Spark Worry The on-chain analytics platform noted that the Coinbase 
spot CVD remains relatively constructive, indicating steadier participation 
from US-based investors. On the other hand, Binance and aggregate Bitcoin 
flows remain choppy and largely directionless. Glassnode stated that these 
dispersion points point to selective engagement rather than coordinated spot 
demand. Meanwhile, the platform alluded to recent Bitcoin price declines, 
which it pointed out have not triggered decisive expansion in positive CVD. 
Glassnode noted that this suggests dip-buying remains tactical and short-term. 
In the absence of sustained accumulation across all venues, Bitcoin’s price 
action continues to rely more on activity in the derivatives market and 
liquidity conditions rather than organic spot demand. At the time of writing, 
the Bitcoin price is trading at around $86,800, up in the last 24 hours, 
according to data from CoinMarketCap. Featured image from Pixabay, chart from 
Tradingview.com

Here’s How Much % Of Bitcoin Supply Is Currently Sitting In Losses

700Credit says a network breach exposed names, Social Security numbers and 
financial data of 5.8m+ Americans, prompting regulators and law firms to warn 
of identity theft risks. A data breach at credit reporting firm 700Credit has 
potentially exposed personal information…

700Credit breach exposes 5.8m Americans to identity theft risk

Altcoin blockchains are preparing for long-term quantum risk, while 
influential Bitcoin voices disagree over how and when it should be addressed.

Cryptocurrency price in AUD