Net realized profit/ loss indicates that this is the longest streak of profit-taking in Bitcoin since the bull run in late 2021. Investors were taking profits for around three weeks during March 2022. However, this streak is roughly one month, and investors are taking the opportunity for profits. In the past 14 days, only around $45 million of profits have been realized, considerably less than the previous streaks mentioned above. CryptoSlate analyzed that profit-taking occurred last week, predominantly from short-term holders. Bitcoin continues to face resistance at $25,000; one of the reasons is due to investors realizing profits.

According to the widely followed 25% delta skew of Bitcoin options expiring in 7, 30, 60, 90 and 180 days, investors are currently roughly net neutral in their outlook for the Bitcoin price. According to data provided by crypto analytics firm The Block, all five 25% delta skews are close to zero, up substantially from last year’s immediate post-FTX collapse lows, but also down slightly from highs printed earlier this year in the year.

On Monday, crypto proponent Udi Wertheimer shared a story on Twitter explaining how he and the Taproot Wizards helped an artist who created the original 2013 bitcoin wizard meme raise nearly $150,000 in bitcoin. While the minting and sale were successful, Wertheimer explained that bitcoin maximalists and the r/bitcoin moderator Bashco disliked it.

Digital-asset-based investment products recorded $32 million of outflows between Feb. 13 and Feb. 19, according to a recent CoinShares report.

South American blockchain technology company IoV Labs has launched its Rootstock Infrastructure Framework (RIF) Flyover designed to enable seamless bitcoin (BTC) transfers.

The traditional fiat system has been the cornerstone of our global financial infrastructure for a while now, providing a framework for commerce and trade which in turn has enabled unprecedented economic growth and prosperity since its global adoption.

Bitcoin (BTC) faced selling pressure at the Feb. 21 Wall Street open as United States' stock markets opened down.

The Bitcoin Network has recorded over 154,554 inscriptions since the launch of Bitcoin Ordinals on Jan. 21, a fork that enables digital assets to be inscribed on satoshis (sats), which is the lowest denomination of a Bitcoin.

As Bitcoin (BTC) attempts to put behind the effects of last year’s bear market, the maiden crypto is recording a positive shift in its onchain activities. 

Bitcoin (BTC) matched six-month highs on Feb. 21 as the latest attempt to flip $25,000 to support ended in failure.