Polymarket traders are holding back their optimism back for Bitcoin this year, 
despite many analysts tipping the price to hit $150,000 and above.

Polymarket traders see just 21% chance of Bitcoin hitting $150K this year

Iran has begun offering foreign governments the option to pay for advanced 
weapons systems using cryptocurrency. Iran’s latest move appears to be a 
strategy aimed at sidestepping Western sanctions that restrict access to 
traditional financial channels. According to a Jan.…

Iran to accept crypto payments for overseas weapons sales

Turkmenistan has started the year with a bang, with new laws legalizing the 
operation of crypto exchanges and crypto miners kicking in on Jan 1.

Turkmenistan rings in new year with crypto exchanges, miners

Galaxy’s 2026 outlook frames bitcoin’s evolution beyond price cycles, arguing 
the asset is increasingly tracking gold’s adoption curve as institutional 
access expands and long-term monetary hedge demand strengthens toward a 
$250,000 trajectory. Galaxy Points to Institutional Access and Policy Shifts 
Reinforcing Bitcoin’s Bullish Trajectory Digital asset markets are entering a 
new phase shaped by institutional […]

Galaxy 2026 Outlook: Bitcoin Follows Gold Toward Monetary Hedge Status With $250K in View

Head of research at on-chain analytics firm CryptoQuant has explained how 
demand makes the basis of a Bitcoin cycle, rather than price performance. 
Bitcoin Apparent Demand Has Been Declining Recently In a new post on X, 
CryptoQuant head of research Julio Moreno has talked about Bitcoin cycles from 
a different lens. &#8220;Most are focusing on price performance to define a cycle, 
when it is demand what they should be looking to,&#8221; noted Moreno. Related 
Reading: XRP At Risk Of A Drop To $0.80? Analyst Makes The Case The analyst 
has gauged the &#8220;demand&#8221; for the cryptocurrency using the Apparent Demand 
indicator, which compares the daily miner issuance against the changes in the 
1-year dormant supply. The first of these, the miner issuance, is the amount 
that miners are &#8220;minting&#8221; on the network every day by receiving block rewards. 
This metric essentially reflects the &#8220;production&#8221; of the asset. The 1-year 
inactive supply, on the other hand, can be thought of as the cryptocurrency&#8217;s 
&#8220;inventory.&#8221; Thus, the Apparent Demand basically compares the production of 
Bitcoin against changes taking place in its inventory. Below is the chart 
shared by Moreno that shows the trends in the 30-day and 1-year versions of 
the Apparent Demand over the past decade. As is visible in the graph, the last 
few Bitcoin cycles have all transitioned into a bear market when the Apparent 
Demand has plunged into the negative region on both the monthly and yearly 
timeframes. In the current cycle, the 30-day Apparent Demand has plunged into 
the red zone recently, suggesting that the monthly demand for the asset has 
been negative. On the annual scale, the metric is still at a positive level, 
but its value has been following a downtrend. If this decline keeps up, it 
won&#8217;t be long before the indicator has dipped into the negative territory. 
Considering the pattern from the previous cycles, the current structure in the 
Apparent Demand is certainly looking bearish. It only remains to be seen, 
though, whether the yearly version of the metric will cross into the red zone 
or if it will rebound, signaling the return of demand. Spot demand isn&#8217;t the 
only way to measure Bitcoin demand these days. With the advent of exchange- 
traded funds (ETFs), there has been some fresh off-chain demand coming into 
the cryptocurrency this cycle. Related Reading: Bitcoin Coinbase Premium At 
Rare Discount As US Demand Weakens As on-chain analytics firm Glassnode has 
talked about in an X post, the 30-day netflow related to the US BTC spot ETFs 
has remained in the negative zone recently, indicating demand has been muted 
in this side of the market as well. BTC Price Bitcoin has taken to 
consolidation recently as its price is still floating around the $88,000 
level. Featured image from Dall-E, Glassnode.com, CryptoQuant.com, chart from 
TradingView.com

Cryptocurrency price in VND