Space Pepes, a collection of unique Bitcoin-based digital collectibles, has surpassed Bored Ape Yacht Club and Bitcoin Frogs in trading volume over the past 24 hours, according to CryptoSlam data.

Anthony Scaramucci, founder of SkyBridge, stated in a Bloomberg TV interview that Bitcoin's intrinsic value is around $40,000 and that it is currently trading at a discount of almost 50%.

Bitcoin miners have been selling off their BTC holdings, leading to a significant decline in their balances.

The U.S. government is now among the major holders of Bitcoin, with over 50,000 BTC seized during an investigation into the Silk Road dark market. The government's holdings have become the subject of intense scrutiny and monitoring for any signs of activity.

The Ordinals protocol has brought new life to Bitcoin, expanding its capabilities beyond just a single asset chain. However, some purists are pushing back against this change, claiming that BTC was never meant for non-monetary transactions.

The cryptocurrency market showed caution on Friday, with attention turning to a speech by Fed Chair Jerome Powell following hawkish comments from other central bank officials. Bitcoin remained flat at just below $27,000, while other major coins experienced moderate losses except for Ripple's XRP.

The amount of Bitcoin held by entities, also known as illiquid supply, has hit a record high as investors hold onto their assets amidst concerns about high FIAT inflation and macroeconomic issues.

Bitcoin investors have been exhibiting fearful sentiment as the cryptocurrency's price has dropped below $27,000. According to Santiment, BTC's social dominance has recently seen an increase, indicating that interest in BTC among investors is higher than that of altcoins.

The political divide in the US regarding bitcoin and cryptocurrencies is growing, with Republicans generally supporting them and Democrats being more opposed. However, Robert F. Kennedy Jr., a Democrat, has expressed his support for bitcoin, referring to it as an exercise in democracy.

Despite recent events in the world of cryptocurrency, meme coins like Dogecoin and Shiba Inu continue to outperform even the biggest cryptocurrencies on the market. Meanwhile, newcomer DogeMiyagi is set to bring the age of meme coins back with its exciting and lucrative features.