On-Chain Data

Tiger Research based on the interest rate cut cycle, M2 growth, and the CLARITY Act, sets Bitcoin's Q1 target price at $185,500, representing a 100% upside from the current $96,000. Despite ETF outflows of $4.57 billion, the record high M2 indicates ample liquidity.

Tiger Research指出，privacy technology is the decisive narrative for 2026. Monero is fully anonymous and cannot disclose information, and it is rejected by regulators for not supporting KYC or AML. Zcash offers optional privacy but can only be fully disclosed or fully hidden, with no tiered disclosure. Canton Network achieves granular permissions through Daml, allowing the provision of specific data independently, and has been adopted by DTCC.