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Bitcoin Long-Term Holders Accumulation Mirrors Past Rallies – $160K BTC Target in Sight
Bitcoin is once again testing a critical resistance level after surging over 9% since Sunday, fueled by a shift in market sentiment and easing geopolitical tensions. The price now hovers just below the $110,000 mark—a psychological barrier that, if breached, could open the door to a new phase of price discovery. Bulls appear firmly in…
These Three Metrics Show BTC Found Strong Support Near $80,000
Bitcoin BTC$90,214.08 has so far bounced above $90,000, 15% higher from its Nov. 21 low of around $80,000, with price finding confluence support across three important cost basis metrics: the 2024 yearly volume weighted cost basis, the True Market Mean, and the average U.S. spot exchange-traded fund (ETF) cost basis. These metrics help to identify…
Bitcoin and Ethereum ETFs record $340M in net inflows after heavy outflows – CoinJournal
US spot Bitcoin and Ethereum ETFs attract $340 million in new inflows. Recovery follows $755 million in outflows after historic weekend liquidations. Bitcoin stabilises near $112K amid persistent trade-related uncertainty. US spot Bitcoin and Ethereum exchange-traded funds saw net inflows of $340 million on Tuesday,…
Crypto Exchange Toobit Introduces a $50 Million Protection Fund
“The safety of our traders’ funds is the bedrock of everything we do,” the company’s CCO stated. Toobit, a cryptocurrency exchange based in the Cayman Islands, announced the launch of a $50 million fund specifically designed to cover losses resulting from internal technical or security failures on the platform. It is important to note…
Hong Kong Monetary Authority to Reopen 2-Year RMB Government Bonds
Alvin Lang Feb 11, 2025 08:09 The Hong Kong Monetary Authority will hold a tender for the reopening of 2-year RMB government bonds under the Infrastructure Bond Programme on February 13, 2025. The Hong Kong Monetary Authority (HKMA) has announced the reopening of 2-year Renminbi (RMB) government…
