Bitcoin's Realized Cap Just Hit an All-Time High - and the Market Isn't Reacting Like It Should
Realized cap at a record high usually precedes a price breakout. This time, spot price is barely moving. Something is off.
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Realized cap at a record high usually precedes a price breakout. This time, spot price is barely moving. Something is off.
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PBS wasn't supposed to be controversial. It was an engineering fix. Now it's the centre of a genuine power struggle over who controls Ethereum's block space.
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For the first time since the Merge, Ethereum's validator activation queue has dried up - and the implications for staking yields are real.
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Post-halving squeeze hasn't slowed mining investment. The network's record hashrate tells a specific story about miner conviction.
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Compressed volatility in Bitcoin often precedes large moves, but direction isn't predetermined. Current on-chain data doesn't clearly favor bulls.
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EigenLayer made restaking sound like free yield. The actual risk model looks more like rehypothecation with smart contract wrappers.
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