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These bitcoin metrics suggest February’s $60,000 selloff may have marked the bottom

Recent analysis of Bitcoin metrics indicates that the significant selloff in February, which saw prices drop to around $60,000, may have marked a market bottom. Key indicators, such as increased accumulation by long-term holders and a decline in exchange inflows, suggest that investor sentiment is shifting positively. Additionally, on-chain data shows a rise in active addresses and transaction volumes, signaling renewed interest in Bitcoin. Analysts believe these trends could lead to a potential price recovery in the coming months. Overall, the metrics point to a stabilization in the market following the February downturn.

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Bitcoin’s momentum is fading: Traders have these support levels in mind

Bitcoin's recent price momentum is showing signs of weakening, prompting traders to closely monitor key support levels. Analysts suggest that if Bitcoin falls below the $27,000 mark, it could trigger further selling pressure. The $25,000 level is identified as a critical support point that could determine

Singapore revokes crypto payment license of Bsquared over regulatory breaches

Singapore's Monetary Authority has revoked the crypto payment license of Bsquared due to multiple regulatory breaches. The decision follows an investigation that revealed the company failed to comply with anti-money laundering and consumer protection regulations. Bsquared is now prohibited from conducting any crypto-related activities in Singapore. This action

This Bitcoin price model targets ‘conservative’ $255K by year-end

A new Bitcoin price model predicts a conservative target of $255,000 by the end of the year. This forecast is based on historical trends and market analysis, suggesting that Bitcoin's value could rise significantly as adoption increases. The model takes into account various factors, including supply constraints

Telegram group at center of Jane Street insider-trading allegations in Terra collapse

A Telegram group is reportedly at the center of insider trading allegations involving Jane Street, a prominent trading firm, during the collapse of the Terra cryptocurrency ecosystem. The allegations suggest that members of the group had access to non-public information about Terra's impending failure, allowing them to profit

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Bitcoin’s momentum is fading: Traders have these support levels in mind

Singapore revokes crypto payment license of Bsquared over regulatory breaches

This Bitcoin price model targets ‘conservative’ $255K by year-end

Telegram group at center of Jane Street insider-trading allegations in Terra collapse