The yield convergence and its implications for BitcoinCryptoSlate's latest market report dives deep into the concept of yield convergence and its potential effect on Bitcoin.Happy α Sunday 💪⛓️🚀Our Sunday newsletter is dedicated to the recent content from CryptoSlate Alpha, the web3 membership designed to empower you with cutting-edge insights and expert knowledge. Built on top of Access Protocol, Alpha is incredibly easy to join — you only need a Solana self-custody wallet and a small amount of ACS tokens to stake, which will grant you access to all research and reports. For more information, see more about CryptoSlate Alpha. α Weekly ReportThe yield convergence and its implications for BitcoinCryptoSlate's latest market report dives deep into the concept of yield convergence and its potential effect on Bitcoin. α Weekly ResearchTUSD supply spiked ahead of Bitcoin’s $30K rallyAnalyzing the correlation between increased TUSD supply and the price of Bitcoin Short-term Bitcoin holders signal positive market momentum as BTC breaks $30KOn-chain data shows a significant change in short-term holder behavior, which has historically correlated with the end of bear cycles. α Top Insights
More α ResearchBitcoin’s illiquid supply hits all-time high as hodlers continue to accumulateContinuous hodler accumulation has pushed Bitcoin's illiquid supply to its all-time high, now accounting for 78% of the circulating supply. Bitcoin liveliness indicates “hodler” behavior during extended price stabilityAn often underrated on-chain metric, Bitcoin liveliness serves as a valuable barometer of market activity and provides insight into hodler behavior. Short-term holders react swiftly to SEC lawsuits, sending Bitcoin deposits soaring on exchangesShort-term holders were responsible for 76% of all Bitcoin deposits in the past week, showing the impact the SEC's lawsuits had on the cohort. |