Analysis Today TheBitTimes.com

The average demand for Bitcoin (BTC) among retail investors has plummeted to its lowest point in five months, echoing levels last seen in January. Notably, this previous low was followed by a significant 75% surge over the subsequent two months. According to data shared by CryptoQuant author Axel Adler on June 10, the average monthly change in demand for Bitcoin among retail investors—those with up to $10,000 in transfer volume—has fallen to negative 17% over the last 30 days. Picks for you Is Bitcoin's bottom in? Indicators suggest the worst has gone for BTC 5 mins ago Here’s the remaining parameter for Bitcoin to hit $100,000 25 mins ago ...

Norby said the “experiment” was part of a plan to onboard more people onto Solana, however the stores didn’t bring in as many users as they initially hoped. Solana Spaces will close down its two Solana (SOL)-themed, community-oriented retail stores in New York City and Miami at the end of the month, as the physical stores didn't onboard as many users as it initially anticipated. Solana Spaces tweeted the news on Feb. 21 sharing a note from its founder, Vibhu Norby, explaining the reasons behind the store shutdowns. The following is a note from our founder, @vibhu. Dear @solanaspaces community, We’ve made the difficult decision to sunset our stores in NYC and Miami by the end of February, and to pivot our Solana onboarding efforts into digital products like DRiP, our free NFT product with… https://t.co/kjNu9Ay4Gk — Solana Spaces (@solanaspaces) February 21, 2023 Norby — who founded Solana Spaces in early 2022 — explained the company reached an “inflection point” with the stores...