Cryptocurrency Summary

Bitcoin's apparent demand is shrinking, signaling potential for a new bear market according to analysts. In related insights, a report from Santiment indicates that the crypto market isn't scared enough to call a bottom yet, suggesting continued volatility.

Meanwhile, a bipartisan House duo is crafting a cryptocurrency tax framework that seeks to provide a safe harbor for some stablecoin transactions, alongside delaying taxation on rewards earned from crypto staking.

In another notable development, Fidelity's Jurrien Timmer predicts a lackluster 2026 as the four-year Bitcoin cycle remains intact. Furthermore, blockchain and no-code tools are being highlighted as challengers to AWS' dominance in technology.

On a lighter note, the term 'HODL' celebrates 12 years since its inception, with a retrospective noting how an initial investment of $523 would now be worth over $87,000, showcasing the long-term potential of Bitcoin investments.

Lastly, BlackRock's Bitcoin ETF has seen a staggering $25 billion in yearly inflows, highlighting sustained institutional interest despite the recent slump in Bitcoin prices.