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Bitcoin’s 30-Day MVRV Shows BTC UnderBought

Bitcoin’s 30-Day MVRV Shows BTC UnderBought

Bitcoin’s 30-day MVRV, measuring the returns of 30-day trading addresses, shows BTC is underbought.

Bitcoin Supply is Moving to Strong Hands amid BTC On-Chain Analysis Going Mainstream

Bitcoin Supply is Moving to Strong Hands amid BTC On-Chain Analysis Going Mainstream

The current Bitcoin correction has not dampened the spirits of strong hands, investors who hold for future purposes because they are accumulating more coins.

US Fed denies Custodia Bank membership over crypto concerns

US Fed denies Custodia Bank membership over crypto concerns

The US Federal Reserve has denied Custodia Bank's membership application due to concerns over its involvement in the crypto industry. The Fed cited heightened illicit finance and safety and soundness risks, as well as a lack of a sufficient risk-management framework for its proposed cryptoasset-related activities. The bank is also prohibited from running crypto-related services if accepted as a member.

The Bank of Ghana Cooperates with German Giesecke+Devrient to Conduct its CBDC Pilot

The Bank of Ghana Cooperates with German Giesecke+Devrient to Conduct its CBDC Pilot

The Bank of Ghana has launched cooperation with Giesecke+Devrient to conduct a pilot project for its Central Bank Digital Currency (CBDC) in West Africa Ghana.

Bitcoin Transferred $98,769 of Value for Just $1 in Fees Last Month, Analyst Says

Bitcoin Transferred $98,769 of Value for Just $1 in Fees Last Month, Analyst Says

Despite the consolidation happening in the Bitcoin market, the leading cryptocurrency has emerged as an efficient settlement network based on the low fees charged.

Bitcoin Needs to Reclaim $53,000 before a Bull Run to be Reignited

Bitcoin Needs to Reclaim $53,000 before a Bull Run to be Reignited

With the price staying below the short-term holder (STH) cost basis for nearly a week, on-chain analyst Will Clemente believes that Bitcoin needs to reclaim the $53K area if a bull run is to be reignited.

Three Metaverse Reference Rates From CME Group

Three Metaverse Reference Rates From CME Group

CME Group and CF Benchmarks will launch reference rates for Axie Infinity Shards AXS, Chiliz (CHZ), and Decentraland's MANA. Sector-specific portfolios may be priced using reference rates and indices. CME Group introduced Bitcoin and Ether options last year.

Bitcoin, Ether and Other Top Cryptos See Minor Market Recovery

Bitcoin, Ether and Other Top Cryptos See Minor Market Recovery

Top cryptocurrencies have made some slight new highs in the midst of the market crash.

Phantom Wallet Says Solana Hack Did Not Come From Systems

Phantom Wallet Says Solana Hack Did Not Come From Systems

Blockchain wallet services provider Phantom has shared the update from its investigation into the security breach that affected top hot wallets built on the Solana protocol last week.

The Downturn in Bitcoin Signals Long Endurance before Reaching new ATH, Analyst Says

The Downturn in Bitcoin Signals Long Endurance before Reaching new ATH, Analyst Says

Veteran analyst Peter Brandt believes that new all-time highs (ATHs) of Bitcoin take quite some time before being realized. The market should expect long-endurance to be remained.

Bitcoin’s Long-Term Fundamentals Remain Strong

Bitcoin’s Long-Term Fundamentals Remain Strong

Despite the bearish momentum in the Bitcoin market, long-term fundamentals are in the green because coins are moving from weak hands to strong ones.

Apollo Teams Up With Anchorage to Expand its Product Offering

Apollo Teams Up With Anchorage to Expand its Product Offering

Apollo Global Manage and Anchorage have partnered to expand the former's crypto products

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