@DocumentingBTC The chart looks good but without the on-chain accumulation velocity it's just a rearview mirror. Real value is built on network effects not just price action.
🚨 TRUMP HIGHLIGHTS BITCOIN’S RISING INFLUENCE
President Trump recently noted that 'Bitcoin is very powerful,' pointing to the growing number of people wanting to pay with $BTC.
Data from Chainalysis backs this up, showing a 58% surge in global crypto transactions year-over-year. The political focus on digital currency is intensifying.
🇺🇸 THE BITCOIN ACT: 1,000,000 BITCOIN BUY 🔥
"THE LEGISLATION OUTLINES A PLAN TO PHASE IN THE ACQUISITION OF 1 MILLION BITCOIN OR ROUGHLY 5% OF TOTAL $BTC SUPPLY OVER 5 YEARS."
THIS IS WILD
🚨 NEW: Aave, the largest DeFi protocol with $40B+ in net deposits, has expanded its adoption of Chainlink SVR to new chains
@aave is now using SVR to recapture non-toxic liquidation MEV on @ethereum and L2 networks @base and @arbitrum
Since integrating a year ago, Aave’s use of SVR has generated ~$17M+ in revenue, split ~$11M to Aave and ~$6M to Chainlink
SVR is an extension of Chainlink Price Feeds, which have secured Aave for over the 6+ years, that recapture value previously leaked to MEV bots
Chainlink SVR is now generating sustainable economics for the DeFi economy and the oracle infra underpinning it 🤝
🐋 WHALE WATCH: AI Season ? More like Selection Season. March Performance
(Mar 1 → Mar 28):
=> $TAO: +72.7%
=> $ICP: -8.8%
=> $FET: +35.6%
=> $VIRTUAL: -6.6%
=> $NEAR: +2.4%
=> $LINK: -8.4%
=> $RENDER: +11.9%
=> $KITE: -37.8%
=. $VVV: +45.9%
The market is rewarding decentralized compute and agent infra while punishing the laggards. $TAO and $VVV are doing the heavy lifting while the rest of the sector struggles for air.
Execution > Marketing. Choose your horse wisely.
CULTURE: Despite many digital art projects being displayed at Art Basel Hong Kong, the NFT art market continues to languish.
Bored Ape #5278 listed at 7 ETH, down over 100 ETH from its last sale. A leading indicator that was once considered a rising asset class has retracted greatly.
Right now, a record number of traders are betting that Bitcoin $BTC will go lower. In fact, these "short" bets have shot up by over 52% in just the last two days.
Historically, when everyone leans too far to one side, the opposite often happens. If BTC starts to climb, all those people betting against it will be forced to buy back in, potentially fueling a powerful "short squeeze" to the upside.
Somehow I still like the $BTC dominance chart.
It's true that it has not been doing much lately, but it is still holding below the daily trend and trading in a bearish structure, so we still have a little hope that altcoins will have some positive action sooner or later.
Bitcoin is about to close its sixth consecutive red monthly candle.
The last time Bitcoin did this was 2018. It then went on to print five straight green months.
Are we seeing bullish April ?
☕️ GM! Here are the most important market events over the last 24 hours:
🌍Market Overview:
🔸 The Dow fell 793 points (-1.73%) on Friday, joining the Nasdaq and S&P 500 in correction territory; all three major indexes are now 10%+ off their highs, with the S&P posting its 5th straight losing week
🔸 Iran war widened on Day 29: Houthis launched their first missile at Israel, Iran hit a Saudi base injuring 12 US troops; Trump said war is "not finished yet" while envoy Witkoff expects Iran talks "this week"
🔸 Brent crude surged to $111/bbl on Friday, up ~9% for the week; 10-year Treasury yield climbed to 4.46%, its highest since July
🔸 Anthropic accidentally leaked details of "Claude Mythos," described as a "step change" in AI and its most capable model ever, warning it poses "unprecedented cybersecurity risks"
🔸 Gold reversed its recent selloff, rising 1.6% to ~$4,496/oz as safe-haven flows returned on war escalation
🪙Crypto Updates:
🔸 $BTC trading at ~$66,350, down 3.5% in 24 hours as the broader selloff dragged crypto lower alongside equities
🔸 $14.5B in #Bitcoin options expired Friday on Deribit, the largest quarterly settlement of 2026, with max pain at $75K far above spot price
🔸 FTX Recovery Trust will distribute $2.2B to creditors on Monday (March 31), pushing total repayments to ~$10B; US customer class reaches 100% dollar recovery
🔸 NYSE parent ICE invested $600M in Polymarket, completing its stake in the prediction markets platform as institutional adoption of on-chain markets grows
🔸 CLARITY Act debate intensified: Sen. Lummis defended the bill as "strongest DeFi protection ever" while critics warn Title 3 could still classify non-custodial developers as money transmitters
🔸 SEC cleared a path for new waves of crypto ETFs with updated listing standards, building on the March 17 commodity classification of 16 digital assets
🔸 Bernstein called this correction one of the "weakest bear cases" in BTC history, noting spot ETF outflows stayed under 5% despite a 43% drop from the October high
"If you're not willing to react with equanimity to a market price decline of 50% two or three times a century, you're not fit to be a common shareholder - and you deserve the mediocre result you are going to get." Charlie Munger