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1BTC Can Buy 10,000 Big Macs...BTC Burgernomics is Powerful

David Puell, an on-chain analyst at bitcoin spot ETF issuer ArkInvest, wrote in his X that "the number of Big Macs that can be purchased with 1 BTC exceeded 10,000 for the first time by the end of 2023. The number of Big Macs that can be purchased with 1 BTC has surpassed 10,000 for the first time at the end of 2021."

BTC's MVRV ratio below previous bull market cycle peaks... plenty of upside left

“BTC's short-term investor MVRV (realized value to market value) ratio peaked at 2.64 this year, below the previous cycle highs of 4.35 (2017 peak) and 3.7 (2021 peak),” said CryptoBasic, citing data from crypto market data analytics platform Into the Block. The on-chain data suggests

blockchain crypto cryptocurrency fear greed index 41 BTC 60K (SpotedCrypto)

Crypto 'Fear-Greed Index' 41...Fear persists, BTC 60K at stake.

Crypto data provider Alternative's self-estimated “Fear-Greed Index” rose four points from the previous day to 41. Confidence has improved but remains in the fear phase. The index indicates extreme fear in the market, with readings closer to zero indicating extreme fear, and readings closer to 100 indicating extreme

blockchain crypto cryptocurrency asia web3 market foundation being builted (SpotedCrypto)

TigerResearch “Asia Web3 Market Lacks Mass Market Services, but Foundation is Being Built”

TigerResearch, a research and consulting firm specializing in Web3 in Asia, has released a report titled “Asia Web3 Market Trends: Q3 2024 Review”, a report titled ‘Asia Web3 Market Trends’. “Asia's Web3 market is booming. This is driven by a young, tech-savvy population and strong government and corporate

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