Bitcoin metrics reset and point to ‘major move’ in Q4 — Analysts

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.When an asset class jumps 275% within a span of six months,…

A recent price recovery in the Bitcoin (BTC) market risks getting erased due to an eerie fractal from 2018.Bitcoin price cycle similaritiesFirst spotted by CryptoBullet, an independent market analyst, the fractal shows Bitcoin recreating an inverse head-and-shoulders (IH&S) pattern that preceded its price decline toward $3,100 later in December 2018. As a result, anticipations that…

The central bank of Russia has reviewed the potential benefits and drawbacks of central bank digital currencies (CBDC) in a policy brief published on April 18.In the document, entitled “Is there a future for central bank digital currencies,” the Central Bank of the Russian Federation outlined a number of potential benefits of CBDCs, such as…

In announcement the appointment, Lummis made clear that she hopes to get digital asset legislation moving. 371 Total views 7 Total shares The most vocally pro-crypto Senator in the U.S. will join the committee responsible for the nation's financial regulation.On Wednesday night, Senator Lummis' team told Cointelegraph that Lummis had received her committee assignments for…

The trustee for the rehabilitation proceedings of defunct cryptocurrency exchange Mt. Gox reportedly sold large amounts of Bitcoin (BTC) and Bitcoin Cash (BCH) on trading platform BitPoint. Cointelegraph Japan reported on the development on Feb. 5, citing leaked data.An unidentified party reportedly sourced information from the legal proceedings involving Mt. Gox at the Tokyo District…

DeFi project Kujira merged with three ecosystem partners to create an alliance to build THORChain’s app layer, backed by a new token. 

Bitcoin (BTC) has been sustaining above the $25,000 level for the past few days, increasing the likelihood that the bear market may have ended. Generally, in the initial stages of a new bull phase, several analysts remain in a state of disbelief and expect the resumption of the downtrend.Another group of traders continue to wait…