Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in Crypto: Bitcoin holders have realized net losses over 30 days for the first time since late 2023, memecoin platform Pump.fun launches investment arm “Pump Fund,” and Injective holders back changes to the network’s economic model to curb new token supply while preserving its buyback-and-burn mechanism.
Bitcoin holders have realized net losses over 30 days, marking the first such stretch since late 2023, after more than two years dominated by realized profits.
According to data shared by Julio Moreno, head of research at CryptoQuant, the Bitcoin (BTC) rolling 30-day realized profit and loss metric has dipped below zero, indicating that coins moved onchain during the past month were sold at below their purchase cost.
