Bitdeer has trimmed its
Bitcoin reserves below the critical 1,000 BTC threshold. This comes amidst a turbulent time for Bitcoin, which saw a 25% loss in the last week, with the price hovering around the $63,000 threshold. Meanwhile,
Coinbase's 3% threshold and Texas law could potentially curb shareholder lawsuits and weaken governance oversight. Concurrently, the
Threshold Network has restructured for profitability, and is now implementing stake-based fee waivers to strengthen tBTC. In a significant development, the platform also introduces direct and gasless tBTC minting, simplifying Bitcoin's on-chain access. The recent
MVRV at 1.13 indicates a possible turning point for Bitcoin's price. Veteran traders and the Deribit CCO both revealed crucial thresholds, $93K and $85K respectively, that the Bitcoin price must shatter to counter the bearish trend. On the flip side, institutional adoption seems to accelerate as Bitcoin adoption on Sui moves ahead with the launch of Phase 2 of tBTC integration. Finally, the
Threshold Network's upgrade allows institutional Bitcoin to stay in custody while earning yield on-chain, and the anticipation of an inflow crossing a certain threshold may aid in the recovery of the Pi Coin price. Overall, these developments suggest a mix of opportunities and challenges for Threshold Coin and the broader crypto market.
Threshold Coin News Analytics from Tue, 04 May 2021 07:00:00 GMT to Fri, 20 Feb 2026 02:15:24 GMT -
Rating -4
- Innovation 8
- Information 5
- Rumor -2
