IfIWereOnChain

I just noticed that Bitcoin's hash rate decreased in the first quarter of this year. This is the first time in the past 6 years. It seems that miners are busy diversifying into the AI sector, so they are starting to pull out of Bitcoin mining operations.
According to what I see, this drop in hash rate is very significant. Many mining rigs that previously focused on Bitcoin are now redirected to more profitable AI computing. This trend serves as a kind of signal that the mining industry landscape is shifting.
It's interesting because, so far, Bitcoin's hash rate has tended to keep rising or sta

I just saw some major events happening in the crypto market next week and organized the key points. Federal Reserve officials are scheduled to speak again, BitGo's revenue data will be released, and Casper's hard fork update is coming. These are all market focal points.
By the way, the information I looked at comes from a certain crypto media platform. Their reporting is quite good, having won a news award, and their editorial team follows a set of standards. The platform itself is owned by a global digital asset company, mainly serving institutional clients, providing market infrastructure an

I just saw that miners are again under serious pressure. Bitcoin is still stuck in the 73K-74K range, even though the production cost report shows the average cost to mine one BTC is around $87,000. So basically, miners are losing 15-20% per coin they produce. This kind of situation has happened before in 2019 and 2022, and historically, it always signals a pretty serious bearish trend.
What’s interesting is that the hashrate briefly dropped 20% from its October peak of 1.1 ZH/s when inefficient miners were forced to shut down. But recently, it recovered slightly to 913 EH/s, indicating some m

Recently, I noticed an interesting strategy from Strategi soal manajemen risiko. They claim they can withstand it even if Bitcoin drops drastically to the $8,000 level—that’s a fairly extreme scenario considering Bitcoin’s current price is at $74.20K.
What’s interesting is their approach to dealing with a liquidity crisis. They say they will convert debt into equity as a self-defense mechanism. This is the kind of strategy often seen in traditional companies when facing serious financial pressure.
Many critics in the market question the credibility of these claims, especially given the extreme

Just saw the news, Truth Social associated with Trump applying for SEC approval for two crypto ETFs. Interesting, considering the regulatory landscape is still full of questions. This could be a new signal from the crypto sector that's starting to go mainstream. Chippada or whatever their product name is, it seems their strategy is seriously aiming to enter the digital assets market. But yeah, it depends on how the SEC responds. Are any of you following this development? It could be a game changer if the approval goes through.

Interesting to see how local regulations still pose a serious barrier to Bitcoin adoption at the government level, even in relatively progressive cities like Vancouver.
Mayor Ken Sim's proposal to invest the city's reserves in Bitcoin was ultimately rejected based on the city charter and the British Columbia Municipal Finance Authority Act. The reason is simple but strict: the legal framework governing public fund investments in Canada is highly conservative and does not accommodate assets like cryptocurrencies.
According to staff reports released ahead of the council meeting, Bitcoin is not a

So there's an interesting story about Polymarket that just happened recently. In short, there was an insider trading investigation conducted by ZachXBT against Axiom, and before the investigation results were published, someone had already made big profits from bets on the Polymarket prediction platform. This is insider trading about insider trading.
The trading volume on the Polymarket market predicting which company would be mentioned in ZachXBT's investigation reached around $40 million since Monday. But the problem is very clear: there is a group of wallets that already knew the answer be

Bitcoin and stocks have stabilized after falling at the beginning of last week. However, investor expectations are still unclear regarding obligasi (bonds); it looks like they are still hesitant. Expectations are a tricky thing in the market right now because many factors cause sentiment to rise and fall. Interestingly, expectations for the obligasi market (pasar obligasi) are much more conservative than in crypto. Perhaps because expectations reflect the uncertainty that still exists across various sectors. If these expectations change, we could see more decisive moves across all instrumen (i

So many people are panicking seeing the recent crypto sell-offs. But if we look deeper, this isn't a crypto crisis—it's a traditional finance event whose impact spills over into the digital market.
What's interesting is how media and traders interpret what's happening. In this context, a scandal means that people immediately assume all crypto sales are signs of industry collapse, even though many are triggered by pressure from the traditional financial sector.
If we observe previous patterns, every time there's turbulence in the stock, bond, or fiat currency markets, crypto is always the first

I just noticed that Bitcoin is experiencing quite heavy pressure from liquidity. Many say the price could drop even further before bouncing, and honestly that makes sense if we look at the current flow.
But what's interesting is that, despite the short-term outlook being somewhat bearish, some analysts from major institutions remain optimistic about the long-term prospects. They say the fundamentals are still solid, and this is just a normal pullback in the bull market cycle.
If we use custom indicators for analysis, it does appear oversold on several timeframes. But what’s more important is u

I just saw that Bitcoin is still holding strong at the 74,000 level, even appearing more stable compared to some other assets lately. Interestingly, there is a positive correlation between Bitcoin's movements and the performance of the stock market and the software sector, but at the same time, Bitcoin shows a more consistent relative strength compared to gold.
I've noticed that when traditional markets are volatile, Bitcoin doesn't always fall as it used to. There is a kind of decoupling starting to emerge, especially when compared to gold, which is usually considered a safe haven. This is in

Bitcoin remains strong while gold declines and oil jumps. I saw earlier at 9 a.m. when Bitcoin was still at a solid level, whereas safe-haven assets like gold were experiencing selling pressure. Meanwhile, crude oil prices moved significantly higher, reflecting quite interesting market dynamics. The latest data shows Bitcoin has reached $74.35K, much higher than the previous level that was seen. But according to some analysts in the community, this momentum is not strong enough to go all-in immediately. They advise to stay cautious and not rush into large positions right now. The market situat

Just found out that three companies have added the STRC Strategy to their portfolios, coinciding with shares starting to return to their nominal value. It's interesting to observe this movement; it seems there is new confidence in this strategy. Gage is one of the worth-watching ones here because such momentum usually signals that something is changing in the market. Curious about what prompted them to take this step now, or is it just good timing?

I just saw Core Scientific drop due to disappointing Q4 results. It seems investors didn't expect such poor performance at the end of the year. The stock immediately fell after the earnings announcement.
There's also info from CoinDesk discussing this, as they often cover the crypto industry. They say that Bullish ( related to CoinDesk ) also has interests in the digital asset sector. So basically, all major platforms have exposure to mining and digital infrastructure.
What's interesting is how many crypto mining companies struggled during the last quarter. Is this a trend that will continue o

I just noticed the Bitcoin chart, and its RSI is showing a pretty interesting level. This indicator is currently in the oversold zone, which is usually an important signal for traders who understand the rules of SEC and technical analysis.
So, here’s the thing, RSI stands for Relative Strength Index — basically a tool to measure price momentum. When it drops below 30, it indicates oversold conditions. This can mean two things: either the market is too pessimistic and ready for a rebound, or it’s actually under strong selling pressure.
What’s interesting is that the SEC formula for RSI involves

I just saw Bitcoin break through the $75K level, and it turns out derivatives are the main trigger for this rally. It's really interesting to see how old orders are part of the built-up momentum, it seems that accumulation of positions in futures and options instruments is making the buying pressure even stronger.
Currently, Bitcoin is still moving in a solid area, and what needs to be watched is whether this momentum can last or if it's just a flash rally. From what I see, activity in the derivatives market is indeed an important barometer for predicting the next movement. If old orders are l

I just noticed an interesting pattern in Bhutan's Bitcoin activity. The country keeps transferring its BTC reserves to exchanges at an increasing rate. This year alone, it has already reached $152 million in outflows, with the largest transfer last week amounting to $44 million.
What’s most intriguing is the change in pattern. In January-February, transfers were small, around $5-15 million. But since March, Bhutan has started moving much larger amounts, up to $35-45 million per transaction. This isn’t random liquidation, but a structured relationship with trading firms based in Singapore.
Th

There is a quite interesting paradox in the crypto industry that is rarely discussed: everyone always talks about blockchain transparency as a revolution, but in reality, total transparency is actually the main obstacle to mainstream adoption.
Here's the story. A few weeks ago at Consensus Hong Kong, one of the founders of the largest trading platforms in the industry appeared and said that the lack of privacy in crypto is a serious problem hindering adoption among institutions and everyday users. He made a valid point: imagine your company paying employee salaries directly on-chain. With the

I just read about how the banking industry is actually blocking the crypto market structure bill that’s almost finished. Turns out, lobbying is the key here – they from the traditional banking sector are actively lobbying hard to change or delay regulations that could threaten their position.
Why is this important? Because the bill has already reached the final stage, just waiting for the finishing touch. But the lobby from bankers makes everything complicated and delayed. They worry that if crypto is regulated too permissively, it could harm conventional banking businesses.
What’s interesting

At that time, the Polymarket market was buzzing with speculation about who ZachXBT's next investigation target would be. Nearly $3 million in betting volume poured in—crazy, right? People had started predicting which coin's spotlight would be next. Meteora was the favorite at that moment with a 43% chance, followed by Axiom, Pump.fun, and Jupiter with lower odds. I noticed the odds moved quite significantly—some dropped 37-42% from the start, while Meteora actually strengthened. That indicates traders were seriously analyzing ZachXBT's posting patterns for clues. But yeah, this is pure specula