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Cryptocurrency News Articles
Bitcoin (BTC) Adoption Has Slowed Down To Multi-Year Lows Recently, IntoTheBlock Points Out
Jun 20, 2024 at 01:00 pm
The market intelligence platform IntoTheBlock has discussed the bearish situation Bitcoin has been facing that has got many puzzled.
Bitcoin price action has left many scratching their heads in 2024. After a strong first quarter that saw BTC price surpass its all-time high, the cryptocurrency has consolidated sideways. Despite the institutional demand and a new record set for the Number Of Transactions metric, another on-chain indicator suggests that something is amiss.
Bitcoin price analysis shows that a key adoption metric has slipped to multi-year lows recently. Here’s what it could mean for BTC.
Bitcoin Adoption Slowed Down To Multi-Year Lows Recently
2024 has been a year of surprises for the crypto market. After a 2023 that saw little to no realized gains for major coins,本線文字過多，請精簡至 100 字左右。 Bitcoin price began the year on a bullish note. Spot exchange-traded funds (ETFs) and institutional demand helped propel BTC to a new record high in early April.
However,本線文字過多，請精簡至 100 字左右。 in the months since the ATH, the cryptocurrency has failed to continue its uptrend. Despite the institutional demand and a new record set for the Number Of Transactions metric, another on-chain indicator suggests that something is amiss.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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- XRP Price Prediction: The $1.61 Wall XRP Must Break for a Bull Run
- Sep 28, 2026 at 04:05 am
- XRP is at a critical juncture, testing traders' patience as it navigates between key support at $1.50 and formidable resistance at $1.61, with a decisive move potentially signaling a new market paradigm beyond Bitcoin's dominance.
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- Québec Warns Investors on Pump.fun as Launchpad Wars Heat Up: Navigating Regulatory Currents and Capturing Investor Interest
- Sep 28, 2026 at 03:55 am
- Québec's financial regulator issues a warning about Pump.fun's unauthorized solicitations, highlighting regulatory risks for investors, even as the broader crypto launchpad market experiences intense competition and shifts in revenue leadership.
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- Altcoin Market Momentum Surges Amidst Record Capital Inflows, Binance Trends Signal Shifting Investor Appetite
- Sep 28, 2026 at 03:55 am
- Analyzing recent altcoin market dynamics, this report highlights significant capital inflows and shifting trends on Binance, suggesting a potential peak in momentum.
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- HTX Unleashes 20x Leverage on New POLYMARKET/USDT and NIL/USDT Futures: High Stakes, Higher Risks
- Sep 28, 2026 at 03:55 am
- HTX has expanded its perpetual futures offerings with POLYMARKET/USDT and NIL/USDT, providing up to 20x leverage for eligible traders, a move that signals both opportunity and significant risk in the crypto derivatives market.
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- California Bans Meme Coins, Public Officials, Crypto-Related Regulation: A New Era of Accountability
- Sep 28, 2026 at 03:45 am
- California is cracking down on public officials issuing meme coins, signaling a significant shift in crypto regulation aimed at preventing conflicts of interest and protecting the public from speculative ventures linked to those in power.
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- Dormant Bitcoin Wallets Stir: On-Chain Data Reveals 1,971 BTC Movement, Sparking Intrigue in Bitcoin Wallet Activity
- Sep 28, 2026 at 12:05 am
- A Bitcoin wallet dormant since 2012 moved 600 BTC, part of a larger trend of dormant supply activating. On-chain data shows 1,971 BTC moved in two weeks, raising questions about market impact.
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- Gold Price Prediction: Analysts Eye $10,000 as PAX Gold Shows Tightening Trend
- Sep 27, 2026 at 08:05 am
- Gold price predictions are heating up, with one analyst forecasting a stunning $10,000. Meanwhile, PAX Gold, a token backed by physical gold, is showing a tightening trend on its weekly chart, signaling potential moves ahead.
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- Fed's Treasury Buying Pause Sparks Altcoin Reassessment: Hedera, Litecoin, Polkadot, SUI, Stellar in Focus
- Sep 27, 2026 at 07:35 am
- The Federal Reserve's pause on Treasury bill purchases is reshaping altcoin investment and holding strategies, with specific focus on Hedera, Litecoin, Polkadot, SUI, and Stellar amid liquidity shifts.
