These Four Bitcoin Charts Suggest BTC Price Is Bottoming After 50% Crash

While Bitcoin (BTC) remains more than 42% below its $126,000 all-time high, several technical setups suggest that the price range between $60,000 and $72,000 may be the new bottom range, before a sustained recovery. Key takeaways: Bitcoin’s double bottom pattern suggests that a reversal is underway. A bottom may form in the coming weeks as…

Bitcoin Liquidity Analysis Eyes $65,000 Support Retest to Come

Bitcoin (BTC) has “annihilated” short sellers with its latest trip to monthly highs as crypto liquidations pass $500 million. Key points: Bitcoin bears suffer as BTC price action hits $74,000. Analysis sees more liquidations to come, including longs, with possible market dips below $70,000 to test support. Bitcoin inflows begin to copy a broad ETF…

UAE Central Bank Says Banks Operating Normally Amid Tensions

The United Arab Emirates’ banking system remains fully operational despite escalating regional conflict between the US, Israel and Iran, the country’s central bank said, as authorities moved to reassure markets following missile and drone attacks on the country this week. In a statement, Central Bank of the UAE Governor Khaled Mohamed Balama said banks, financial…

IREN deepens AI push with 50,000 Nvidia GPU order; shares fall on at-the-market offering

IREN (IREN), a data center operator focused on AI cloud infrastructure, said it agreed to buy more than 50,000 specialized processing chips from Nvidia (NVDA), expanding its capacity by about 50%. The B300 GPUs, or graphic processing units, will take the Sydney-based company’s total AI compute fleet to about 150,000 GPUs. A GPU is a…

South Korea Plans 20% Cap on Crypto Exchange Shareholder Stakes: Report

South Korea’s government and ruling party have reportedly agreed on a plan to cap the ownership stakes of major shareholders in domestic crypto exchanges at 20%. The Democratic Party of Korea’s digital asset task force and the Financial Services Commission (FSC) agreed to set the maximum shareholding limit at 20% after discussions, according to a…

3 Signs That $80K Is the Next Logical Target for Bitcoin Bulls

Bitcoin (BTC) bulls are eyeing a move back toward $80,000 in March, with at least three indicators flashing increasing upside momentum. Key takeaways: Bitcoin jumped by over 5% toward $72,000 on Wednesday. Multiple indicators, including a symmetrical triangle, hint at an extended price rally toward $80,000. Bitcoin invalidates bearish chart pattern On Wednesday, BTC’s price…

Altcoin Social Media Interest Hits 12-Month Low: Santiment

Mentions of altcoins on social media have reached their lowest level in two years, according to crypto sentiment platform Santiment, while indicators suggest that investors are focusing on Bitcoin.  Data from Santiment shows that for the week ended Feb. 27, altcoin social dominance scored 33, a sharp drop from its score of 750 in July…

Bitwise Makes Latest Donation to Open-Source Bitcoin Devs

Crypto asset manager Bitwise has now donated a total of $383,000 to support developers who maintain and secure the Bitcoin network since 2024, with its latest $233,000 contribution announced on Wednesday.  Its second payout, funded by 10% of gross profits from its Bitwise Bitcoin ETF (BITB), adds to the $150,000 that it donated in February…

Trump Sends Pro-Bitcoin Fed Chair Nomination to the Senate

The US Senate will soon vote on Donald Trump’s nominee to head the US Federal Reserve after the president picked Kevin Warsh, who has previously expressed pro-Bitcoin views, to replace Fed chair Jerome Powell. In a Wednesday notice, the White House said that Trump had sent Warsh’s nomination to the Senate to be chair of…

Bitcoin Bulls Strike Back But $78K May Remain Resistance

Key takeaways: Derivatives and onchain data show a lack of bullish conviction, as 43% of Bitcoin holders remain at a loss despite recent price gains. Surging AI energy demand is squeezing miner profits to record lows, forcing major listed firms to offload BTC and pivot to computing. Traders face a psychological hurdle at $76,000, the…