El Zonte: How a Small Salvadoran Town Built a Working Bitcoin Economy

New Bitcoin buyers are accumulating, with a notable increase in coins that haven't moved for 36 months. This pattern typically signals supply absorption and often precedes upward price movement. **Key developments:** - Coins dormant for 3+ years are increasing - Supply absorption pattern emerging - Historical data suggests upside potential if trend continues **Recent context:** - Whales added 200,000 BTC over the past 30 days - Large holders (100+ BTC) continue accumulating during price weakness - USDt issuance remains steady at 250-300M daily with minimal burns The data shows a divergence between retail behaviour (selling) and institutional activity (accumulating). While whale accumulation can stabilise price, sustained upside typically requires increased retail spot demand rather than leverage-driven spikes. This accumulation pattern, combined with persistent stablecoin creation, indicates larger players are positioning for potential future moves while retail traders remain cautious.

Bitfinex Securities has removed the requirement for separate sub-accounts to manage security tokens. Users can now view and manage their tokenized assets directly within their primary Bitfinex account, alongside their digital assets. **Key changes:** - No separate Securities sub-account needed - Security tokens visible in main account - No additional transfers required between accounts The update simplifies the user experience for managing tokenized securities on the platform.

**Bitcoin reclaimed $65k with a 12.2% jump**, driven initially by spot buying before triggering a cascade of forced liquidations. **Key developments:** - Spot demand initiated the move upward - Short liquidations totaled $588M as positions were forced to close - Price recovered to range lows near $65k **What matters next:** The sustainability of this rally depends on whether genuine spot buying continues after the squeeze completes. Without sustained demand, the bounce risks becoming another lower high in a fragile market structure. This follows weeks of downside pressure, including the largest single-day drop in 3+ years and liquidations exceeding $2.6B during the broader selloff.

**Bitfinex continues its zero-fee trading model across all products.** The platform emphasizes that trading fees compound over time through repeated transactions. On Bitfinex, fees remain at zero regardless of trade size—whether $5,000, $500,000, or $5 million. **Key points:** - Zero maker and taker fees across spot, margin, and derivatives - No fees on any trade size - Single account with consistent execution standards - All profits remain in trader's PnL without fee deductions The zero-fee structure applies uniformly across the platform's trading products.