2023

According to Gate market data, the offshore RMB against the US dollar has broken through the 6.9 mark, reaching a new high since April 2023, with a peak of 6.8953, an intraday increase of about 100 points.

glassnode disclosed that over 9.3 million bitcoins are in a state of loss. This is the highest level since 2023.

The price of Bitcoin briefly fell below the Strategy holding cost of approximately $76,037, marking the first time since October 2023 that Bitcoin has dropped below this key cost level.

According to The Block, the number of daily active validators on Solana has fallen below 800, reaching levels not seen since 2021.This data represents a decline of over 65% from the peak of approximately 2,500 validators at the beginning of 2023. The volume of validator voting transactions has decreased from about 300,000 per day to 170,000, a drop of 40%. The main reason for the loss of validators is the change in economic incentives, including the gradual reduction of voting cost support provided by the Solana Foundation Delegation Program and the staking matching policy over time.Despite the contraction in the number of validators, non-voting transaction volumes, such as user-initiated DApp interactions and token transfers, remain stable at around 100,000,000 transactions per day.

According to market news, since December 26, 2025, the number of ETH waiting to join the Ethereum PoS network has continued to grow, currently reported at 3,068,886 coins, reaching a new high for 2023, valued at approximately $8.98 billion, with an expected activation delay of about 53 days and 7 hours.This reflects a sustained strong demand for staking, mainly due to companies and institutions like BitMine recently staking a large amount of ETH they hold. On-chain data shows that BitMine has currently staked a total of 1,943,200 ETH, with a total value of approximately $5.69 billion. Meanwhile, the staking exit queue for the Ethereum PoS network has been cleared, and currently, there are no large users choosing to redeem ETH from staking, which means that stakers can now almost immediately withdraw ETH.

CryptoQuant combines on-chain data to point out that the holdings of addresses with 1,000 to 10,000 BTC have decreased by 220,000 BTC year-on-year, marking the fastest decline since 2023. It is noteworthy that a similar situation occurred in 2021-2022, after which prices reached their peak.

According to The Kobeissi Letter, the ratio of Bitcoin to precious metals has recently declined significantly.The Bitcoin to silver ratio has dropped to 1,104, a new low since September 2023, down 67% since May, indicating that silver has clearly outperformed Bitcoin. Meanwhile, the Bitcoin to gold ratio has fallen to 19, the lowest since November 2023, down 50% since January this year. In contrast, at the low point of the bear market in 2022, these two ratios were 680 and 9, respectively.

According to Eleanor Terrett's disclosure, the Federal Reserve officially revoked its 2023 policy statement on Wednesday and issued a new policy to create conditions for regulated banks to participate in innovative financial activities. This policy change removed the previous restrictions that hindered uninsured banks from becoming members of the Federal Reserve and participating in cryptocurrency activities, which was the basis for the Federal Reserve's rejection of Custodia Bank's master account application.Federal Reserve Vice Chair for Supervision Michelle W. Bowman stated, "New technologies provide efficiencies for banks and better products and services for customers. By creating pathways for responsible innovation in products and services, the Federal Reserve ensures that the banking industry can modernize, operate efficiently, and remain safe and sound."

Since 2023, the number of BTC held by listed companies and private enterprises has increased from 197,000 to 1,080,000.(Cointelegraph)

According to Cointelegraph, CryptoQuant data shows that the Bitcoin market buy/sell ratio has reached 1.17, the highest level since the beginning of this cycle in January 2023.

According to CryptoQuant analyst Darkfost, the activity of retail investors holding less than 0.1 BTC has significantly decreased in this cycle.Data shows that since the beginning of 2023, the 90-day moving average of retail inflows to Binance has plummeted from 552 BTC to the current 92 BTC, a decline of more than five times. This trend has further intensified, especially after the launch of the spot ETF in January 2024. The analysis points out that the reasons for the decrease in retail inflows include some users shifting to the ETF market, more investors choosing to hold Bitcoin for the long term rather than selling, and some "shrimp" exiting this statistical category due to continuous accumulation of Bitcoin. This phenomenon indicates that the dominant forces and behavioral patterns in the market are undergoing significant changes.

ChainCatcher news, BitMEX co-founder Arthur Hayes posted on X that Bitcoin is currently "on sale," and warned that if the turmoil among regional banks in the U.S. escalates into a systemic crisis, the government may implement financial rescue measures similar to those in 2023. He stated that he is ready to "buy the dip" after the rescue and encouraged investors to consider opportunities in the crypto market when they have idle funds.

ChainCatcher news, according to XWIN Research analysis, the implied volatility of Bitcoin has dropped to its lowest level since 2023. This low point occurred before Bitcoin surged 325% from $29,000 to $124,000 earlier in 2023. Now, the question arises whether the "calm before the storm" scenario will reappear.CryptoQuant's on-chain data supports this: first, the exchange reserves have decreased, with total balances nearing multi-year lows, indicating a reduction in Bitcoin available for immediate sale. Historically, this has often been a precursor to rising demand amid tightening supply.Second, the MVRV ratio is in a neutral range, with investors neither severely trapped nor enjoying excessive profits, leading to a lack of panic selling or profit-taking pressure, resulting in a strong "wait-and-see" sentiment. Third, the funding rates are balanced, with no excessive long or short positions, echoing the low volatility and indicating that the market is building energy.These three signals collectively paint a consistent picture: the supply of Bitcoin on exchanges is decreasing, investors are holding their positions, and the derivatives market is calm. Although implied volatility suggests that we are currently in one of the most tranquil phases in years, historical experience indicates that such periods rarely last long.

ChainCatcher news, according to Bloomberg, U.S. Senator Elizabeth Warren and others have written to the Department of Justice, requesting confirmation of whether the cryptocurrency exchange Binance is complying with the anti-money laundering and sanctions violation settlement agreement reached with the U.S. side.The letter pointed out that the Department of Justice had previously only confirmed that Binance had paid all fines, but did not specify whether it had fulfilled its ongoing compliance obligations. The lawmakers also expressed concern about the Department of Justice considering the removal of compliance monitors and the connections between Binance and businesses related to the Trump family.

ChainCatcher news, according to CryptoSlam data, Ethereum chain NFT sales reached $285,615,941.5, setting the highest monthly record since February 2025.In addition, the number of NFT transactions on the Ethereum chain reached 1,535,963, marking the highest record since March 2023.

ChainCatcher news, according to Cryptoslate, data from DeFiLlama shows that despite the stablecoin market reaching a historic high of over $283 billion, Tether's market dominance is declining and has dropped to 59.55%, marking the lowest level since 2023. Tether's share of the stablecoin market falling below 60% for the first time in over two years also indicates that the market is expanding at an unprecedented rate.Analysts suggest that the passage of the "GENIUS Act" could accelerate institutional adoption and push the market size far beyond its current scale, with the total market capitalization of stablecoins potentially reaching $1.2 trillion by 2028.

ChainCatcher message, crypto analyst Jackis (@i_am_jackis) stated that Bitcoin's recent volatility has dropped to its lowest level since 2023, a rare occurrence that has only happened seven times in history.Jackis pointed out: Each time these levels are reached, volatility tends to surge significantly within five weeks, often even faster. This indicates that major fluctuations are on the horizon.

ChainCatcher message, multiple community users reported that their balances in the self-hosted Bitcoin wallet Alby were "stolen," allegedly deducted by Alby. Alby's updated terms of service in March 2025 state: "Users have been notified for over a year to withdraw excess funds from their old Alby accounts created in 2023 and earlier that use the shared wallet architecture. In order to manage these long-term inactive accounts more effectively, we reserve the right to deduct the entire remaining balance from such accounts after 12 consecutive months of no transaction activity (i.e., no completed transactions)."

ChainCatcher news, according to The Block, the number of active addresses on the NFT trading platform OpenSea reached 467,322 last month, setting a new high since mid-2023. Data shows that there have been 236,091 active users from the beginning of June to now, which may reach or exceed the levels of May.Despite the rebound in user numbers, OpenSea's monthly trading volume remains far below peak levels, with May's trading volume at $81 million, while it peaked at over $5 billion in January 2022.The user growth may be attributed to OS2 officially exiting the testing phase and launching fully in May. OS2 supports token and NFT trading across 19 blockchains, including fungible tokens supporting Solana, and has introduced a rewards system called "Voyages," where users can earn experience points through on-chain activities.Users generally expect that platform participation will be a consideration for future SEA token airdrops, but OpenSea has not yet announced a specific issuance date.

ChainCatcher news, the seven-day average transaction volume on the Bitcoin network dropped to 317,000 last Friday, marking a new low since October 2023. Due to the sluggish trading activity, some miners have started looking for transactions with fees below the Bitcoin Core default relay threshold (1sat/vB). Mononaut pointed out that one of their transactions was submitted to the Bitcoin mining company MARA (formerly Marathon Digital), which publicly operates a non-standard low-fee transaction channel called Slipstream.On June 6, 31 Bitcoin Core developers jointly signed an open letter opposing node filtering of low-fee or non-standard transactions, emphasizing the essential property of Bitcoin as a censorship-resistant system. The developers pointed out that forcing users to use private channels like Slipstream would undermine decentralization. This stance was opposed by Jan3 founder Samson Mow and others, who believe that core developers are removing protective mechanisms for junk transactions.