Ordinals, an NFT-like project on the Bitcoin blockchain, has gained momentum over the past month, signalling an opportunity for the biggest cryptocurrency. But its accessibility and security still needs to be improved.

The number of Bitcoin (BTC) whales, or wallet addresses holding 1,000 or more BTC, hit its lowest level since August 2019 on Sunday. There were 2,027 whales on Sunday, February 19, according to crypto analytics service Glassnode; the last time their number dropped this low was August 5, 2019, when they numbered 2,023. Owning that much Bitcoin at its current price of around $25,000 represents a sizeable show of faith in the digital currency, with each whale holding almost $25 million in Bitcoin. (Decrypt)

Bitcoin fixes broken democracies and fights government corruption by limiting its power to control its people, argues Bitcoin advocate and chief strategy officer of the Human Rights Foundation, Alex Gladstein. In a Feb. 20 interview, Gladstein argued that the decentralized nature of Bitcoin can act as a barrier against corruption and tyranny. "Where the democracies have broken down, I do think it's very clearly related to fiat currency, and I do think that Bitcoin fixes this in a way," he said. (Cointelegraph)

According to the latest edition of CoinShares’ weekly report, outflows in digital asset investment products reached $32 million last week, a level not seen since late December 2022.

The major crypto debacles of 2022 caused a spike in retail crypto trading, new data from the Bank for International Settlements suggests. However, the data suggests that large investors sold their assets at the expense of smaller investors attempting to diversify their assets following moments of crisis.

Amidst the rapid evolution of the high-tech and ever-evolving landscape of Bitcoin mining, an intriguing discovery has emerged from one of the industry’s leading Bitcoin energy researchers.

Bitcoin, the world’s first cryptocurrency, gained 15% in the past week to trade at US$24,885 and 7 p.m. in Hong Kong, surpassing payments giant Visa in market capitalization for the third time in history.

On-chain data shows the 7-day moving average (MA) Bitcoin Puell Multiple has hit a 14-month high recently. Here’s what it may mean for the market.

Binance is responsible for almost all Bitcoin (BTC) spot trading — with over 98% of transactions passing through the centralized exchange between Feb. 18-19.

The crypto market is trading partially in red today, as some of the significant coins see a decline.