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Bitcoin Coin Days Destroyed Drops By 50% Amid Waning Price Action – What This Means

by admin September 29, 2025

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As the new week begins, Bitcoin, the largest cryptocurrency asset, experienced a slight upward move after reclaiming the $111,000 price mark once again. Within the ongoing volatility that has hindered BTC’s uptrend, several key on-chain metrics are starting to exhibit bullish developments, suggesting a potential resurgence in the market.

HODL Wave Intensifies As Bitcoin CDD Falls

Bitcoin’s price continues to struggle with volatility, but on-chain metrics are flashing signs of renewed resilience. The newfound resilience is indicated by the BTC Coin Days Destroyed (CDD) metric, a key indicator of long-term holder activity, which has declined strongly in recent market trends.

Darkfost, a market expert and author, reported the decline in Coin Days Destroyed in a recent post on the social media platform X. This sharp drop implies that more experienced investors are retaining more coins rather than spending them, as evidenced by the fact that they are moving fewer coins.

Specifically, CDD is a highly pertinent metric to gauge the “firepower” of LTHs, as the metric takes into consideration the holding days of recently transferred BTC. According to Darkfost, CDD signals this at the exact moment of movement, providing an opportunity to predict selling pressure. It’s a powerful early indicator because when long-term holders move their coins, they frequently do so with the intention of selling.

Source: Chart from Darkfost on X

Looking at what’s going on with CDD, Darkfost highlighted that the activity on the LTH side finally appears to have slowed down. Historically, such developments have been linked to consolidation periods preceding new uptrends. Therefore, this change may be an indication of increased market confidence in Bitcoin’s long-term direction.

After reaching a monthly average record of almost 1.3 million BTC, the key CDD metric has now been cut in half to around 650,000 BTC. With the 50% decline, the metric is now back below the yearly average, which remains elevated.

BTC Long-Term Holders SOPR Exhibiting Weakness

In addition to the report, Darkfost has revealed a worrying trend in the Bitcoin Long-Term Holders Spent Output Profit Ratio (SOPR). Presently, long-term BTC holders seem to be showing subtle signs of fatigue, as their SOPR has weakened.

This indicator, which monitors whether coins moved on-chain are being sold for a profit or a loss, frequently captures more profound changes in the opinion of experienced investors. According to the expert, the major metric is now located at 1.26, marking its lowest level since February 2024.

On a monthly average basis, it has also experienced a significant decline, currently standing at 1.70, indicating a 70% average profit, following a peak of 3. Darkfost noted that the drop indicates that there is less selling pressure on LTH. Although the industry has changed, the analyst notes that the activity of long-term holders remains important to monitor due to their influence on the market.

BTC trading at $111,822 on the 1D chart | Source: BTCUSDT on Tradingview.com

Featured image from Pixabay, chart from Tradingview.com

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September 29, 2025 0 comments

GameFi Guides

Shiba Inu: 1,156,929 SHIB Destroyed as Burn Rate Skyrockets 396%

by admin September 25, 2025

According to data from Shibburn, in the last 24 hours, 1,156,929 SHIB tokens have been burned, contributing to a 396.9% surge in the daily burn rate.

With over 1.1 million tokens slashed from Shiba Inu’s total supply, what remains is 589,247,704,216,787 SHIB tokens as the dog coin’s total supply. At its inception, Shiba Inu had one quadrillion tokens as its total supply, with the recent figure implying that over 410 trillion tokens have been burned from the Shiba Inu’s total supply.

HOURLY SHIB UPDATE$SHIB Price: $0.00001187 (1hr -0.84% ▼ | 24hr -2.05% ▼ )
Market Cap: $6,997,079,978 (-2.00% ▼)
Total Supply: 589,247,704,216,787

TOKENS BURNT
Past 24Hrs: 1,156,929 (396.90% ▲)
Past 7 Days: 3,043,689 (-0.13% ▼)

— Shibburn (@shibburn) September 25, 2025

The 1,156,929 SHIB tokens burned in the last 24 hours remain significant as the prior two days saw less than a million tokens burned.

On Sept. 24, only 232,829 SHIB were burned, a 13.67% drop from the day before, when about 269,706 SHIB tokens were burned.

The slowing down of burns this week might have been contributed to by a large market sell-off at the week’s start, with more than $1.7 billion in liquidations, which might have impacted investor sentiment.

So far in the last seven days, 3,043,689 SHIB have been burned, marking a 0.13% drop in burn rate.

Shiba Inu price

Shiba Inu has seen lackluster price trading this week so far, after it saw three straight days of dropping from Sunday to Tuesday, at which it fell to a low of $0.00001179 at one point, on Sept. 22.

Shiba Inu’s momentum has stalled as markets weighed macroeconomic concerns, trading in a range between $0.00001183 and $0.00001238 since Sept. 23. At press time, SHIB was trading down 2.11% in the last 24 hours to $0.00001196 and down nearly 11% weekly in line with the broader crypto market drop.

The most anticipated data this week will be the personal consumption expenditures index, an inflation gauge preferred by the Federal Reserve, which is scheduled for release on Friday.

Fed Chairman Jerome Powell said in a speech to business leaders on Tuesday that the central bank lowered interest rates last week due to weakness in the labor market outweighing concerns about stubborn inflation.

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September 25, 2025 0 comments

Crypto Trends

Tron (TRX) Destroyed Rest of Crypto Market With Massive 24-Hour Revenue

by admin September 15, 2025

Tron’s market dominance
Massive revenue stream

In terms of revenue, Tron has surpassed almost all other blockchains, generating an incredible $1.142 million in a single day. To put this in perspective, Ethereum made $174,677, while Solana, which came in second, only made $175,708. Tron’s revenue over the past 30 days has been $49.2 million more than three times Ethereum’s $14.78 million and 10 times Solana’s $4.61 million. Dominance is not a coincidence.

Tron’s market dominance

A significant amount of stablecoin supply is hosted on Tron, which has emerged as the foundation of the USDT (Tether) ecosystem. Large volumes of transactions are driven by this one factor throughout the Tron network, which directly results in high fees and steady income. Because stablecoin transfers keep Tron’s transaction throughput consistently high, it differs from most other chains in that activity only spikes during speculative rallies.

Source: DefiLIama

Tron is not only surviving the current crypto cycle but flourishing, as evidenced by its on-chain traction. While Solana’s speed draws developers and Ethereum remains the leader in smart contract innovation, Tron has established a distinct market niche by controlling stablecoin settlements. This dominance builds a strong moat against rivals and guarantees steady inflows. In terms of price, TRX has fared better than the larger altcoin market.

Massive revenue stream

The asset exhibits consistent strength while trading close to local highs, avoiding the sharp volatility observed in other tokens. Tron’s valuation is supported by a favorable environment created by network adoption, consistent USDT inflows and high on-chain revenue. Ultimately, Tron has shown that usefulness and steady income are more important than marketing.

Tron is in a strong position to continue being one of the most lucrative and significant networks in the market as USDT solidifies its position as the most popular stablecoin in the world.

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September 15, 2025 0 comments

Crypto Trends

Coinbase Says SEC ‘Destroyed’ Gensler Texts, Demands Court Sanctions

by admin September 12, 2025

In brief

Coinbase has accused the SEC of destroying nearly a year of former Chair Gary Gensler’s text messages.
A recent SEC Inspector General report revealed texts from October 2022 to September 2023 were permanently erased during a critical crypto enforcement period.
The U.S. exchange wants expedited discovery, sanctions, and immediate production after the SEC failed to search text messages for court-ordered document productions.

Coinbase has accused the U.S. Securities and Exchange Commission of “destroying” former Chair Gary Gensler’s text messages, with industry observers calling it a “credibility crisis” that could weaken the regulator’s position in future enforcement actions.

“The Gensler SEC destroyed documents they were required to preserve and produce,” Coinbase Chief Legal Officer Paul Grewal tweeted Thursday, alongside a link to the court filing. “We now have proof from the SEC’s own Inspector General.”

A report last week by the SEC’s Office of the Inspector General found that nearly a year of then-Chairman Gary Gensler’s text messages were permanently deleted between October 2022 and September 2023.

The SEC watchdog said the agency employs a policy of remotely wiping devices disconnected from the agency’s network for 45 days.

We’re want expedited discovery, sanctions, and immediate production of all responsive texts. Considering the double-standards of the previous Chair it’s not surprising that the same agency that fined firms billions for record-keeping failures committed the exact same violations.…

— paulgrewal.eth (@iampaulgrewal) September 11, 2025

Coinbase, through third‐party private historical research firm History Associates, has asked the U.S. District Court for the District of Columbia to impose sanctions, order expedited discovery, and compel immediate production of all responsive communications.

The agency’s “destroy-and-delay approach to records must end immediately,” the filing reads, adding the destruction has caused “irreparable harm” that cannot be undone

“The SEC has fined private firms billions for poor recordkeeping, but now stands accused of doing the very same thing itself,” Rishabh Gupta, Director at Web3 platform Trade Dog Group, told Decrypt. “This creates a profound ‘do as I say, not as I do’ problem that severely undermines the SEC’s moral authority.”

The deletion timeline coincided with the FTX collapse, the SEC’s crypto enforcement blitzkrieg, and ongoing Freedom of Information Act litigation, in which Coinbase sought internal agency communications regarding Ethereum regulation and digital asset policy decisions.

The SEC initially denied the requests under law enforcement exemptions, but abandoned that position after Coinbase filed suit in June 2024.

The Inspector General also identified potential record losses from devices belonging to over 40 other senior SEC officials, including 21 devices flagged for confirmed or suspected data destruction.

Had the SEC conducted proper searches when the FOIA requests were submitted in 2023, “the agency could have reviewed and processed those records then, or at least taken steps to preserve them,” before Gensler’s texts were destroyed, the filing reads.

“The reported erasure of key communications raises significant questions around transparency and accountability,” Shiv Pande, CBO at crypto startup BitSave, told Decrypt. “Regulatory positions carry the heavy responsibility of gatekeeping, where decisions must be anchored in fair principles and objective evidence.”

If sanctions are imposed, Gupta said, it would “create a legal precedent” that allows defendants to challenge not only the SEC’s theories but also its “credibility and thoroughness” in handling evidence.

That, he warned, could “delay or complicate ongoing enforcement actions” as companies push back more aggressively, making settlements harder and forcing the agency to defend its own internal processes.

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September 12, 2025 0 comments

GameFi Guides

Crypto Market Prediction: XRP’s Massive $3 Test in 24 Hours, Shiba Inu (SHIB) Destroyed Bears at $0.000013, Bitcoin’s (BTC) Key $150,000 Rally Chances

by admin September 12, 2025

While the market had a decent chance for a solid recovery, which we highlighted in our previous crypto market prediction, we are seeing signs that hint at the problematic state of the current rally. However, in the case where Bitcoin breaks through around $115,000, the acceleration would be imminent even on Sept. 12.

Shiba Inu’s bullish approach

Shiba Inu is stabilizing around $0.000013, and it is starting to exhibit technical dominance. SHIB is now taking back key moving averages after months of sideways consolidation and unsuccessful breakout attempts, setting itself up for possible growth in the near future.

SHIB has successfully broken through its 50-day Exponential Moving Average (EMA) on the daily chart, a technical milestone that frequently denotes a change in momentum from bearish to bullish. Throughout SHIB’s downward trend, the 50 EMA has continuously served as resistance, making this move noteworthy. Traders are starting to see this as a structural shift in market sentiment, now that the token is trading above it.

SHIB/USDT Chart by TradingView

With rising volume and a strengthening Relative Strength Index (RSI), which is currently hovering just below overbought levels, the current price action indicates that SHIB is beginning to form a gradual uptrend. This shows that, although there are no immediate signs of exhaustion, buying interest is growing.

The next resistance levels to keep an eye on, if momentum keeps up, are the 200-day EMA at about $0.000014, and the $0.000015 zone, which has historically been a region with a lot of liquidity.

Looking at it more broadly, SHIB’s dominance is psychological as well as technical. Retaining price stability above the $0.000013 threshold boosts holders’ confidence, which lowers panic-selling and promotes accumulation. Given its ability to withstand market volatility, the token is becoming more and more significant in the meme-coin ecosystem, where it is still vying for market share with Dogecoin.

But caution is still required. Even though the 50 EMA breakthrough is a positive sign, SHIB still has to contend with longer-term resistance lines that might halt its upward trend if market sentiment declines. Investors ought to keep an eye on SHIB’s ability to maintain its position above the 50 EMA and progressively test higher moving averages.

XRP approaches key level

A critical test that could determine XRP’s short-term course is approaching at $3.00. As momentum builds toward a potential breakout attempt within the next day, the asset has been consolidating below a descending trendline. Just below the crucial psychological and technical barrier at $3.00, XRP is currently trading at about $2.99 on the daily chart.

Bullish sentiment has been strengthened by the recent rally, which has been bolstered by robust buying volume and a recovery above the 50-day and 100-day EMAs. The 200-day EMA and the descending resistance trendline, however, are convergent around the $3 area, making it a difficult obstacle to overcome.

Bitcoin’s steady rise

Bitcoin is stabilizing close to the $114,000 mark, laying the groundwork for what may be a rally toward the much-awaited $150,000 mark.

Bitcoin has successfully surpassed its 50-day Exponential Moving Average (EMA), which is frequently regarded as a turning point for momentum, following weeks of consolidation and testing lower supports. During corrective phases of recent market cycles, the 50 EMA has proven to be a dependable resistance barrier. Bitcoin’s recovery of this level suggests that there may be a change from short-term pessimism to fresh bullish sentiment. Because the 50 EMA breakout has historically preceded robust price recoveries, traders frequently see this as the first confirmation of a structural rebound.