Bitcoin loses advisor spotlight as stablecoins and tokenization rise, Bitwise CIO says

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Japan's crypto tax reform could boost mainstream adoption and investment, but may challenge smaller exchanges with increased compliance demands. The post Japan set to cut Bitcoin tax rate to 20% as parliament passes landmark crypto legislation appeared first on Crypto Briefing.

Fold Holdings' strategic debt repayment and capital management boost investor confidence, highlighting a shift towards financial prudence over asset accumulation. The post Fold Holdings sells 633.8 Bitcoin to repay $20M debt, shares surge over 160% appeared first on Crypto Briefing.

Stablecoins may have begun as a reserve-yield business. Still, Dragonfly’s Rob Hadick argues the next phase of value creation will come from distribution, compliance, payments, and the collapse of legacy financial infrastructure. Stablecoins and the Fall of Legacy Payments For years, the stablecoin market has been viewed through the lens of issuance. The most visible […]

The shift towards stablecoins and tokenization highlights a growing focus on practical crypto applications, potentially reshaping financial infrastructure. The post Bitwise reports advisors prefer stablecoins and tokenization over Bitcoin appeared first on Crypto Briefing.

CryptoQuant said that Bitcoin's realized price near $53,600 could signal a possible bottom zone based on previous bear cycles.

Bitwise’s Matt Hougan says it was “pretty hard to engage with advisors on Bitcoin” during recent discussions, who are more interested in stablecoins and tokenization.

On-chain data shows the Bitcoin PnL Index is currently in a transition phase that has historically led into bottoms, but not immediately. Bitcoin PnL Index Has Been Going Down Recently In a new post on X, community analyst Maartunn has talked the latest trend in the Bitcoin PnL Index, which combines the data of a few key on-chain metrics into one to produce a single valuation indicator for BTC. Related Reading: Dormant Cardano Whales Suddenly Come Alive: Is A Turning Point Near? The metrics include the MVRV Ratio, NUPL, and LTH/STH SOPR. The former two deal with unrealized investor gains/losses while the last one is related to the gains/losses that holders are realizing through their transactions. Now, here is the chart shared by Maartunn that shows the trend in the 365-day moving average (MA) of the Bitcoin PnL Index over the history of the cryptocurrency: As displayed in the above graph, the 365-day MA of the Bitcoin PnL Index has been following a consistent downtrend since Q4 2025,