• Bitcoin has broken above three key investor cost-basis levels for the first time since the COVID-19 crash and the 2018-2019 bear market.
• The “realized price” indicator is used to measure the average acquisition price in the market by dividing the “realized cap” metric by the total number of coins in circulation.
• Investors who bought their coins within the last 155 days fall into the short-term holders (STHs) category, while those who have held for longer than 155 days fall into the long-term holders (LTHs) category.

The recent surge in the price of Bitcoin has been a welcome development for many crypto enthusiasts, as it has broken above three key investor cost-basis levels for the first time since the COVID-19 crash and the 2018-2019 bear market. To measure the average acquisition price in the market, data from the on-chain analytics firm Glassnode is used. The metric employed here is the „realized price,“ which is calculated by dividing the „realized cap“ metric by the total number of coins in circulation.

The „realized cap“ is a capitalization model for Bitcoin that assumes that each coin in the circulating supply has its real value as the price at which it was last moved rather than the current BTC price (which the normal market cap uses for its calculation). This means that if the normal price of Bitcoin dips below this indicator, the average holder can be assumed to have entered a state of loss.

The Bitcoin market can be divided into two primary cohorts: short-term holders (STHs) and long-term holders (LTHs). Investors who bought their coins within the last 155 days fall into the STHs category, while those who have held for longer than 155 days fall into the LTHs category.

The recent breakout above the three investor cost-basis levels is reminiscent of the April 2019 rally. At that time, the realized price of Bitcoin increased significantly, signaling the beginning of a bull market. This time, the situation is similar, with both short-term and long-term investors being rewarded for their patience.

The breakout is also seen as a sign of increased institutional interest in Bitcoin. Many large investors have been buying BTC over the past few months, which has further boosted the price of the leading cryptocurrency.

At this point, it remains to be seen if Bitcoin will continue its upward trend or if we will see a correction in the near future. Nevertheless, this recent breakout is a positive sign for the crypto market and could be a sign of more good news to come.

• Vitalik Buterin, co-founder of Ethereum, has proposed a stealth address system to help protect the privacy of asset receivers.
• The stealth address system would give the recipient control of transactions instead of the sender.
• Stealth addresses would be created by the sender or receiver, and the receiver would always be in charge of the asset transfer.

Vitalik Buterin, the co-founder of Ethereum, has proposed a revolutionary new technology: a stealth address system. This system is designed to help protect the privacy of asset receivers while still allowing them to keep track of their transactions.

The stealth address system proposed by Vitalik Buterin is vastly different from the solutions offered by crypto mixers and other platforms. Rather than giving the sender control over the transaction, it would be the recipient who is in charge. This is incredibly important for asset receivers, as they often desire to keep their transactions private and away from public scrutiny.

Unfortunately, most public blockchains, including Ethereum, do not provide a high level of privacy when it comes to transactions. Even with basic levels of encryption, anyone can trace the sender and receiver of transactions. This is where the stealth address system comes into play.

The stealth address system would enable either the sender or receiver to create a spending key. This key would then be used to generate a “stealth meta-address” that is unique to the recipient. This address would be sent to the sender, who would then do a small computation to create a stealth address that belongs to the recipient.

The recipient would always be in charge when sending assets to this address. Cryptographic data will help to ensure that the recipient’s privacy is protected, and the sender will never be able to trace the asset’s journey.

Ultimately, Vitalik Buterin’s proposed stealth address system is a great way to protect the privacy of asset receivers while still allowing them to track their transactions. It will allow them to keep their financial information private and away from the public’s eye. Furthermore, it will provide a much-needed layer of security for those who wish to remain anonymous when making transactions.

• Crypto analyst Kaleo expects bitcoin to rally 30% to over $30,000.
• He believes that this could happen between now and February.
• Despite the recent price drawdown, Kaleo believes that there is room for a further rally.

Cryptocurrency investor Kaleo recently took to Twitter to share his expectation that bitcoin could rally up to 30% to hit a price of over $30,000. This price point, according to him, is a “magnet” for the digital asset and could be achieved sometime between now and the beginning of February.

Currently, bitcoin is trading around the $23,000 level after having reached two-month highs above that level. This has been a remarkable rally for the digital asset considering that it was trading at around $19,000 just a few weeks ago. Despite this impressive growth, Kaleo believes that there is still room for a further rally to the $30,000 level.

Kaleo shared a chart on Twitter showing a possible path that could lead bitcoin back to the $30,000 level. The chart showed that there could be some drawdowns along the way but the ultimate endpoint remains right above the $30,000 level. This would be an impressive rally for bitcoin considering that it is currently trading at around $23,000.

However, it should be noted that these predictions should be taken with a grain of salt as the cryptocurrency market is incredibly volatile and often unpredictable. Investors should do their own research and invest only what they are able to lose.

Nevertheless, the current bull rally appears to be continuing and there is a good chance that bitcoin could reach the $30,000 level in the coming weeks. If this happens, then the digital asset could reach a new all-time high and bring further mainstream attention to the industry.