In the expansive realm of on-chain data, deciphering Bitcoin's economic dynamics is challenging. Traditional methods rely on UTXOs (Unspent Transaction Outputs) and use assumptions to gauge coin activity status.
Ark Invest's CEO, Cathie Wood, believes in bitcoin's potential to reach $1.5 million, citing its resilience during a recent regional bank crisis as a sign of its "flight to safety" attributes. She emphasizes that bitcoin is the insurance many will ultimately seek.
Dogecoin (DOGE) is a decentralized, peer-to-peer cryptocurrency originally created as a satirical nod to the speculation around digital currencies. Despite its humorous origins, it has gained global popularity and is now viewed by many as a legitimate investment opportunity.
