In a recent interview, Mark Yusko, the Founder, CEO, and Chief Investment Officer of SEC-registered investment advisor Morgan Creek Capital Management, LLC, shared his thoughts on $BTC and $DOGE.

There has been an increase in the number of new addresses on the Bitcoin network, according to data from Glassnode. The gradual increase in Bitcoin prices occurring recently also coincided with the increase in new addresses.

Bitcoin’s network activity is witnessing a surge in on-chain activity despite stringent market regulations, especially in the US. Analytics firm Glassnode published a report Monday showing a positive sentiment among the investors of the maiden crypto.

The crypto market saw a sharp decline at 12 am UTC on March 3. The price of Bitcoin (BTC) fell by over 5% from around $23418 to $22163, according to CryptoSlate data. Most of the drop occurred within an hour as the BTC price fell by over $1,000 in seconds.

According to statistics, the number of bitcoin bridged to the Avalanche blockchain saw a significant inflow on March 2, as more than 2,000 bitcoin were bridged on that day. Data further shows that as of Friday, March 3, a total of 8,504 bitcoin worth $190.9 million was bridged over to the Avalanche network.

Cathie Wood, founder and CEO of American investment management firm Ark Invest has praised Bitcoin and Ethereum, noting that despite suffering sharp price drops following the collapse of FTX, they were both “on the right track.”

Bitcoin has a frequently cited problem–scalability.

Spent Output Profit Ratio (SOPR) is an onchain indicator, which is used to analyze bitcoin market cycles.

A cycle of miner capitulation can be observed throughout Bitcoin’s history.

Interest in bridging bitcoin (BTC) to the Avalanche smart contract blockchain (BTC.b) continues to swell as the supply of wrapped bitcoin (wBTC), the largest wrapped version of bitcoin on Ethereum, dwindles.