Yearly Low in Bitcoin Network Activity Hints At Possible Price Drop to $86K: CryptoQuant
Bitcoin network activity has fallen to its lowest level in a year as demand for the leading digital asset remains low.
A report from the on-chain analytics platform CryptoQuant has revealed that the Bitcoin Network Activity Index, which measures the growth across major metrics like active addresses, number of transactions, and block size, is down 17% from its November 2024 record high.
Bitcoin Network Activity in Negative Trend
The network activity index is currently at 3,658, the lowest level since February 2024. It has also fallen below its 365-day moving average, an occurrence not seen since July 2021, after China placed a ban on Bitcoin mining. This indicator signals that activity on the world’s largest blockchain network has entered into a negative trend.
Bitcoin’s apparent demand growth has been on a decline since November-December, when it experienced a period of acceleration.
Following the conclusion of the U.S. presidential elections, Bitcoin demand surged to 279,000; however, the metric hovers around 70,000 today. Factors affecting demand growth include economic uncertainty regarding the imposition of trade tariffs in the U.S., inflation fears, and potential selling pressure from bankrupt crypto exchange FTX repayments.
Bitcoin Demand Remains Weak
The weak demand for BTC is also seen in purchases from the spot Bitcoin exchange-traded fund (ETF) market. Bitcoin ETF daily purchases have plummeted from over 18,000 BTC in early November to less than 1,000 BTC currently. CryptoQuant noted that BTC rallies have historically coincided with rising ETF purchases; however, current purchase levels do not support such price surges.
Moreover, CryptoQuant’s Inter-exchange Flow Pulse shows that Bitcoin spot demand has slowed in the U.S. The volume of BTC flowing from other exchanges to Coinbase has declined and fallen below its 90-day moving average, indicating relatively lower demand and a period of price correction.
What’s Next for BTC?
Furthermore, stablecoin liquidity expansion has slowed down. The total market cap of stablecoins has hit new highs above $200 billion; however, their liquidity is expanding at a slower pace. Tether (USDT), for example, has seen a 92% decline from the December 16 60-day change of $20.4 billion in market cap – the figure now sits at $1.5 billion.
CryptoQuant says BTC needs a new wave of stablecoin liquidity expansion to rally again. The cryptocurrency could fall towards $86,000, the Trader’s On-chain Realized Price minimum band, if demand growth and liquidity conditions do not improve soon enough.
The post Yearly Low in Bitcoin Network Activity Hints at Possible Price Drop to $86K: CryptoQuant appeared first on CryptoPotato.
The Silent Revolution: How Pi Network’s Mobile Mining Could Upend Global Wealth
What if the key to financial freedom isn’t in Wall Street’s skyscrapers or Bitcoin’s mining farms—but in the smartphone already in your hand?The Unseen Crisis: Wealth Inequality at a Breaking Point.
The world’s richest 1% own 45% of global wealth, while nearly1.7 billion adults remain unbanked, trapped outside the traditional financial system. For decades, solutions have relied on slow-moving reforms or charity—until now. Enter $PI Network, a cryptocurrency project quietly leveraging a tool more universal than credit cards, banks, or even the internet: the smartphone.
$PI ’s Radical Promise: Mining Money from Thin Air.
Unlike $BTC , which requires expensive hardware and massive energy consumption, $PI Network lets users “mine” tokens with a single tap on their phones—no technical skills, investment, or electricity bills needed. Since 2019, over "47 million people" across 230+ countries have joined, many in regions like Southeast Asia, Africa, and Latin America where:
80% of adults own a smartphone but lack access to basic banking.
Inflation and currency devaluation erase savings overnight (e.g., Nigeria’s 27% inflation in 2023).
Youth unemployment exceeds 30%, leaving millions desperate for alternatives.
$PI ’s premise is simple: Turn idle smartphones into engines of financial inclusion.
The Silent Revolution in Action
Meet "Adesina, a farmer in Lagos". He mines $PI during his daily commute, storing tokens he hopes will one day pay for his children’s education. Or "Rina, a factory worker in Jakarta", who mines $PI during breaks, seeing it as a lifeline if her job is automated away. These stories aren’t outliers—they’re $PI ’s core demographic.
"Why This Works":
1. "Zero-Cost Participation": No risk, no fees—just time.
2. "Decentralized Hope": $PI ’s value isn’t tied to any government or bank, a critical appeal in economies plagued by corruption.
3. "Community as Currency": Users recruit others to boost mining rates, creating viral growth in regions where trust in institutions is low but trust in peers is high.
"Why Critics Are Missing the Bigger Picture"
Skeptics dismiss Pi as “fake $BTC ” or a pyramid scheme. But they overlook three seismic shifts:
1. "The Smartphone Tsunami": By 2025, 80% of the global population will own a smartphone—Pi’s potential user base dwarfs $BTC ’s 100 million holders.
2. "Generational Distrust": Millennials and Gen Z prefer decentralized apps over banks. Pi’s 18–35 age cohort isn’t waiting for permission to build wealth.
3. "The Scarcity Play": When $PI transitions from its closed “Mainnet” to open trading, its 100 billion tokens (many held in developing nations) could surge in demand—not from hedge funds, but from everyday users needing to buy food, pay bills, or send remittances.
"The Risks: Can Pi Deliver on Its Utopian Vision?"
Pi isn’t a guaranteed success. Red flags include: "No Live Market": Tokens are worthless until exchanges list them. "Regulatory Landmines": Governments may ban $PI if it threatens local currencies.
"Tech Hurdles": Scaling to millions of transactions without crashing is untested.
Yet, even if Pi fails, its model has already exposed a truth: **The next trillion-dollar crypto won’t come from Silicon Valley—it’ll come from the streets of Mumbai, Lagos, and Manila, where necessity breeds innovation**.
"The Bottom Line: A New Wealth Myth in the Making?"
Pi Network isn’t just a cryptocurrency—it’s a social experiment. Can a digital token mined by taxi drivers, students, and street vendors challenge the global financial order? The answer hinges on one question: "Does the world need a currency built for the people, by the people?"
If Pi succeeds, it won’t merely create millionaires. It could redefine who gets to *be* a millionaire—and where they live.
"Share this article if you believe the future of money should belong to the many, not the few."
Russia Supreme Court Moves to Classify Crypto as ‘Property’ in Crime Crackdown
Russia’s Supreme Court is pushing forward with plans to classify cryptocurrency as property in criminal cases. The goal is to strengthen legal tools against crypto-related crimes. As digital assets become more common in illegal activities, law enforcement struggles to track and confiscate illegal funds.
This new plan aims to create a clear legal system for dealing with digital currencies in criminal proceedings. Chairperson Irina Podnosova highlighted the need for this change during a recent meeting with judges and President Vladimir Putin, pointing to the increase in crimes involving cryptocurrency.
With digital currencies becoming more widely used, authorities have faced obstacles in prosecuting crimes connected to crypto assets. Digital currencies often act as tools for criminal activities, including money laundering and fraud. Seeing cryptocurrency as property would allow law enforcement to seize, freeze, and track illegal digital funds more effectively.
Related: Russia Sentences Citizen Over Crypto Transfers to Ukraine
Podnosova stated that the Supreme Court is developing a legislative proposal to define cryptocurrency as property for penal cases. This classification would help fix legal gaps that criminals use to conceal transactions. By adding digital assets into Russia’s judicial system, authorities intend to improve their ability to fight financial crimes linked to cryptocurrency.
This new plan follows earlier efforts by Russian courts to regulate cryptocurrency-related activities. In 2019, the Supreme Court ruled that changing bitcoin into rubles counted as money laundering when linked to criminal activity. This decision reinforced the use of anti-money laundering laws to digital currencies.
In 2021, the court recognized WMZ, the electronic currency used in the WebMoney Transfer system, as a legally defined asset. This ruling set the stage for treating digital assets within the legal system. The latest efforts build upon these past decisions, showing Russia’s plan to bring cryptocurrency under stronger regulation.
Even though overall crime rates in Russia are stable, digital assets have increasingly been used in illegal transactions.
Related: Russia Imposes Six-Year Crypto Mining Ban Across 10 Regions
Property crimes make up 38% of reported offenses, while violent crimes and public security violations each account for 24%. Criminals often take advantage of the lack of legal clarity around digital assets to avoid detection.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Banano 社群媒體數據
過去 24 小時,Banano 社群媒體情緒分數是 3,社群媒體上對 Banano 價格走勢偏向 看漲。Banano 社群媒體得分是 0,在所有加密貨幣中排名第 835。
根據 LunarCrush 統計,過去 24 小時,社群媒體共提及加密貨幣 1,058,120 次,其中 Banano 被提及次數佔比 0%,在所有加密貨幣中排名第 836。
過去 24 小時,共有 55 個獨立用戶談論了 Banano,總共提及 Banano 13 次,然而,與前一天相比,獨立用戶數 減少 了 0%,總提及次數增加。
Twitter 上,過去 24 小時共有 0 篇推文提及 Banano,其中 0% 看漲 Banano,0% 篇推文看跌 Banano,而 100% 則對 Banano 保持中立。
在 Reddit 上,最近 24 小時共有 28 篇貼文提到了 Banano,相比之前 24 小時總提及次數 減少 了 36%。
社群媒體資訊概況
3