In the second episode of Hashing It Out, Cointelegraph’s Elisha Owusu Akyaw (GhCryptoGuy) breaks down the state of the crypto market with Crypto Birb.

In the second episode of Hashing It Out, Cointelegraph’s Elisha Owusu Akyaw (GhCryptoGuy) breaks down the state of the crypto market with Crypto Birb.
Bitcoin NVT signal data presents conflicting views of what might happen to the current BTC price range.
Bitcoin (BTC) price action may be “unsustainably high,” as one metric hits its highest levels in seven months.
Data from on-chain analytics firm Glassnode confirms that on Dec. 21, Bitcoin’s network value to transaction (NVT) signal reached levels not seen since April.
Created by statistician Willy Woo, NVT essentially measures the ratio between on-chain activity and the price of Bitcoin.
NVT signal modifies its readings by using a 90-day moving average of daily transaction volume instead of raw data, something Glassnode says “improves” NVT and allows it “to better function as a leading indicator.”
On Dec. 21, the NVT signal hit 18.58, a level that last appeared as Bitcoin declined in the final days of April. At the time, BTC/USD traded at just over $40,000.

One of the biggest banks in America has once again paid a billion-dollar fine for the illegal treatment of its customers.
While on-chain stablecoins settlements are growing rapidly, many people pointed out that comparing stablecoin settlements to Visa transactions is not fair as they represent two different things.
Former Alameda Research CEO could be released on a $250,000 bail, but she's not allowed to leave the United States.
How a frozen bank account led one Bitcoin advocate to experiment with living on the Bitcoin Standard.
Arrested crypto billionaire Sam Bankman-Fried's former entourage faces additional charges by key U.S. government agencies.
British Columbia has cited prioritizing clean energy and job creation as the main reasons for suspending cryptocurrency mining operations
British Columbia has cited prioritizing clean energy and job creation as the main reasons for suspending cryptocurrency mining operations
The soon-to-retire senator introduced the new stablecoin bill only a few weeks before the end of the 117th US congressional session.
The soon-to-retire senator introduced the new stablecoin bill only a few weeks before the end of the 117th US congressional session.
The California DFPI warned in July that it would be cracking down on crypto interest account providers in the state.
The California DFPI warned in July that it would be cracking down on crypto interest account providers in the state.
The California DFPI warned in July that it would be cracking down on crypto interest account providers in the state.
Both former executives of FTX and Alameda Research have been charged for their role in the frauds that led to FTX's collapse.
Reserve Bank of India Governor Shaktikanta Das warned that if crypto becomes regulated and is allowed to grow, it could cause the next financial meltdown.
Twitter searches for “$Bitcoin,” “Bitcoin price” and “Bitcoin price” also pulls up the price chart, with equivalent searches working for Ethereum too.
Twitter searches for “$Bitcoin,” “Bitcoin price” and “Bitcoin price” also pulls up the price chart, with equivalent searches working for Ethereum too.
From Vitalik Buterin to Elon Musk, these tweets from 2022 provide a look back at some of the year’s action.
