ChainCatcher news, CryptoQuant analyst Maartunn stated that the average transaction fee for Bitcoin is currently 0.000013 BTC (approximately $1.27), reaching its lowest point in years.In May 2023, December 2023, and April 2024, Bitcoin transaction fees surged multiple times. These increases were primarily driven by the launch of the Runes protocol and a significant rise in Bitcoin prices. At that time, the number of unconfirmed transactions in the mempool increased dramatically, leading users to pay higher fees for faster confirmations.Now, the mempool is idle, the popularity of Bitcoin inscriptions has declined, and many retail investors seem to be exiting the market again. This is an excellent time to optimize wallet management. If your Bitcoin is spread across multiple addresses, now is a low-cost opportunity to consolidate them.

ChainCatcher news, CryptoQuant analyst Maartunn stated that the Bitcoin Inter-Exchange Flow Pulse (IFP) indicator has turned bearish. This indicator uses CryptoQuant's Bitcoin trading platform flow data to measure the flow of Bitcoin between spot trading platforms and derivatives trading platforms. This flow data reflects market sentiment:Increased Bitcoin inflow to derivatives trading platforms → Usually accompanies a bull market;Decreased Bitcoin outflow from derivatives trading platforms → Usually accompanies a bear market.

ChainCatcher news, according to a post by CryptoQuant founder and CEO Ki Young Ju, first-layer public chains focused on specific use cases are likely to perform better than vague general-purpose first-layer public chains. He mentioned that a first-layer public chain focused on intellectual property (IP) has launched its mainnet today, aiming to make intellectual property programmable. Ki Young Ju stated that on-chain analysis will be conducted after data accumulation.

ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju posted on the X platform that since 2023, the market has sold off $142 billion worth of Bitcoin, yet the price of Bitcoin has been rising.

ChainCatcher message, CryptoQuant analysts point out that after the recent decline, TON has reached its lowest value in the medium to long-term normalized measure of risk (NMR) indicator.This indicator shows the relationship between the current price and the weighted moving average (for example, combining the 50-day and 374-day moving averages, using logarithmic differences and time-based weight adjustments), indicating that the TON token is currently in a historically undervalued stage.For investors, this situation may represent a favorable opportunity to start accumulating TON, as the current risk (or "valuation" of the asset) is at its lowest point, suggesting potential appreciation in the medium to long term.

ChainCatcher news, according to Cryptoquant CEO Ki Young Ju on the X platform: "Capital has chosen Bitcoin, do not go against them."At the same time, he posted a comparison chart of the realized market value of Bitcoin held by early whales and new entrants, showing that the realized market value of Bitcoin held by new whales is approximately 2.5 times that of early whales.

ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju stated that currently only a few altcoins have a high correlation with Bitcoin.Among them, infrastructure tokens like ETH are performing weakly, while tokens related to institutional adoption, stablecoins, and memes are performing more actively.

ChainCatcher news, according to CoinDesk, CryptoQuant's latest analysis shows that the Bitcoin network activity index has fallen to 3760, down 15% from the historical high of November 2024, marking a new low in a year. This index comprehensively measures multiple indicators such as the number of active addresses, transaction volume, block size, and transaction fees. Daily transaction volume has decreased from a peak of 734,000 to 346,000, a drop of 53%; the number of unconfirmed transactions in the Bitcoin mempool has plummeted from 287,000 in December 2024 to 3,000, a decline of nearly 99%, reaching the lowest level since March 2022.The analysis points out that the decline in Bitcoin network activity is mainly due to a sharp decrease in the usage of the Runes Protocol, with its average daily usage dropping from 802,000 in April 2024 to the current 10,000. However, CryptoQuant analysts believe that the decline in network activity may not directly affect Bitcoin's price trend. Data shows a significant increase in long-term accumulated addresses, which historically often indicates a rise in Bitcoin prices, reflecting the market's recognition of Bitcoin as an investment asset and a store of value.

According to ChainCatcher news, as reported by CoinDesk, CryptoQuant's latest analysis shows that the Bitcoin network activity index has dropped to 3760, down 15% from the historical high of November 2024, marking a new low for the past year. This index comprehensively measures multiple indicators such as the number of active addresses, transaction volume, block size, and transaction fees.Specific data shows that daily transaction volume has decreased from a peak of 734,000 transactions to 346,000 transactions, a decline of 53%; the number of unconfirmed transactions in the Bitcoin transaction pool (mempool) has plummeted from 287,000 in December 2024 to 3,000, a drop of nearly 99%, reaching the lowest level since March 2022.Analysis indicates that the decline in activity is primarily due to the reduced usage of the new protocol Runes Protocol for issuing fungible tokens on the Bitcoin network. This protocol writes token minting and transfer data on the Bitcoin network through the OP RETURN opcode, with its daily average usage dropping from 802,000 in April 2024 to the current 10,000.However, CryptoQuant believes that the decline in network activity may not directly affect Bitcoin's price trend. Data shows that the demand for long-term accumulation addresses (addresses that never participate in spending transactions) has significantly increased recently, a phenomenon that historically often signals a rise in Bitcoin prices, reflecting the market's recognition of Bitcoin as an investment asset and a store of value.

ChainCatcher news, CryptoQuant CEO Ki Young Ju stated that Bitcoin is a value container, and its intrinsic value is related to the size of the container. He pointed out that if you are a financial giant, you would first expand the size of the container before investing a large amount of money. Over the past 4 years, the size of the container (hashrate) has grown 5 times, while the price has only doubled, which is the true meaning of "hashrate is increasing."

ChainCatcher news, CryptoQuant CEO Ki Young Ju posted on X platform stating, "PoliFi may become a killer application in the crypto industry. A powerful crypto asset can attract capital and talent through an engaging narrative, forming a self-constructing internet organization. The impact of a narrative depends on three points: it must resonate with the majority; it should have extreme, provocative themes; and it must be able to spark intense debate. Politics perfectly meets these three criteria, as it is widely relevant, highly controversial, and inherently polarizing.Political parties should issue their own tokens. Members can invest in these tokens to enhance their sense of belonging, while the free market quantifies public sentiment. With its natural narrative advantage, these communities will be self-sustaining and highly active. Imagine the Republican and Democratic parties in the U.S. launching official PoliFi tokens, with ETFs tracking tokens supported by politicians. Trump Coin may just be the beginning."

ChainCatcher news, CryptoQuant posted data on social media stating that it has monitored a group of addresses classified as "whale accumulation" that today received 31,226 BTC.CryptoQuant founder Ki Young Ju explained that the large inflow of Bitcoin to addresses related to whale accumulation can be interpreted as the behavior of storing Bitcoin in custodial wallets after over-the-counter transactions.

ChainCatcher message, CryptoQuant community analyst Maartunn pointed out that while Bitcoin has only dropped by 7%, altcoins have shown a larger decline. It is recommended to keep the proportion of altcoin investments between 5-10% based on individual risk tolerance.Maartunn stated that the current strategy of many investors holding only altcoins without any Bitcoin will expose their portfolios to excessive volatility, while the volatility of Bitcoin itself is sufficient to generate substantial returns, especially compared to traditional financial markets.

ChainCatcher news, CryptoQuant CEO Ki Young Ju posted on X platform that the Bitcoin "kimchi premium" has reached 12%, a new high in three years. The main reason for the decline in BTC seems to be the strengthening of the DXY (Dollar Index).

ChainCatcher news, CryptoQuant CEO Ki Young Ju stated on social media that although he is not a fan of Memecoins, he believes they have potential value. He compared cryptocurrency exchanges to channels for the influx of internet capital into social spiritual energy; however, currently, Memecoins mainly have a negative impact and have led to criticism of industry leaders such as cryptocurrency exchanges.He further pointed out that the current Memecoin phenomenon is similar to primitive collective consciousness, where these communities operate like shared belief systems, potentially evolving from a "shamanistic movement" into a more structured belief system.Ki Young Ju believes that harmful Meme communities should be rejected, while those that promote positive spiritual energy in Meme culture can be supported. Although Memecoins have limited value at this stage, in the long run, Meme tokens with practical uses and mature systems may emerge.He envisions that in the future, religious organizations, charities, and non-governmental organizations (NGOs) may issue Memecoins with social value, providing new social and economic models for internet communities.

ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju tweeted that the era where altcoins exist merely as a measure of internet attention will end in five years. Meme coins will continue to exist as gambling products, and the status of celebrity coins will be similar to that of Pornhub actors.In addition, the altcoins that are truly being built will evolve into employment contracts for internet knowledge workers. Undeniably, these altcoins will evolve into an internet economic framework that can compensate for the value generated in the processes of information creation, distribution, and acquisition.

ChainCatcher news, CryptoQuant indicates that the growth of stablecoins over the past year may drive the next cryptocurrency rally. A report shows that by 2024, the transfer volume of stablecoins will exceed the total transaction volume of Visa and Mastercard.According to CryptoQuant's weekly cryptocurrency report, the liquidity situation of the cryptocurrency market, measured by the total value of circulating stablecoins, has been boosted since the U.S. presidential election. The report data shows that the total market capitalization of stablecoins recently surpassed $200 billion, reaching a historical high of $204 billion. This marks a significant increase of $37 billion since Donald Trump won the U.S. presidential election on November 4, 2024.

ChainCatcher message, CryptoQuant CEO Ki Young Ju posted on social media, "The Bitcoin bull market cycle has not ended. The Bitcoin buying engine is still running. In 2021, the market downturn occurred two months after the GBTC fund inflow dried up.There is no need to rush to judge the cycle peak before the slowdown in ETF, MicroStrategy, and institutional purchases."

ChainCatcher news, CryptoQuant CEO Ki Young Ju stated that we are currently in the early stage of the late bull market distribution phase, and Trump's global influence may extend the bull market for several quarters.Unlike the traditional "retail investors → whales" Bitcoin distribution model, this cycle shows a shift from "retail investors (native) + whales (native)" to "retail investors (Paper Bitcoins) + whales (institutions)." Native players leave footprints through on-chain activities and cryptocurrency exchanges, while Paper Bitcoins (ETFs, company stocks) leave on-chain footprints in custodial wallets upon settlement.Ki Young Ju expects that the final stage will evolve into a distribution of "retail investors (native) + whales (native) + whales (institutions) → retail investors (Paper Bitcoins)," and this process may be completed within the year, advising investors not to turn bearish too early.

ChainCatcher message, CryptoQuant CEO Ki Young Ju posted on X: "Trump is promoting Bitcoin globally. Short-term holders are continuously buying, while long-term holders are selling. This is the definition of a bull market."