A crypto market analyst has outlined what he describes as a straightforward mathematical method that helped identify the bottom of Bitcoin’s previous bear market. By focusing on long-term Fibonacci levels and quarterly price behavior, the analyst argues that the same structural logic that marked the 2022 bottom is now shaping Bitcoin’s next macro phase. Simple Math That Identified The Bitcoin Price Bear Market Bottom In an X post shared on March 8, crypto analyst Chetan Gurjar revisited a prediction he made in December 2022 regarding Bitcoin’s bear market low. While…
Category: Other Crypto News
Bitcoin Weathers Oil Supply Storm With a Push Toward $70,000
Bitcoin managed to avoid losses suffered by global stock markets over oil supply uncertainty, with a 5% relief bounce from its weekly open level. Bitcoin (BTC) returned to $69,000 at Monday’s Wall Street open with markets in limbo over the Middle East oil crisis. Key points: Bitcoin sees a rebound after dropping below $68,000 for the weekly close. Oil woes continue as the G7 fails to agree on a timeline for the release of reserve oil supplies. Bitcoin derivatives traders stay level-headed on the mid-term outlook. Analysis: Trump wants to…
XRP Price Stays Below $1.40 With 60% of Supply Now in the Red
XRP (XRP) traded at $1.35 on Monday, a 63% drawdown from its multi-year high of $3.66 reached in July 2025. As a result, many XRP holders are sitting on significant unrealized losses, underscoring the risks facing crypto investors in bear markets. Key takeaways: XRP’s 63% drawdown from its $3.66 multi-year high has left holders with over $50 billion in unrealized losses. Key XRP levels to watch in the short term include $1.40, $1.30 and $1.27. 60% of XRP circulating supply now in the red The XRP/USD pair trades 28% below…
SUI At Decision Point: RSI Trendline Could Trigger A Drop Or Bounce
SUI is approaching a key decision point as technical signals begin to shape its next move. Analysts are closely watching the RSI trendline on the BTC trading pair, which could act as the trigger for the token’s direction. A break below the trendline may accelerate bearish momentum, while a successful hold could allow a short-term rebound toward key resistance zones before the broader trend unfolds. BTC Pair RSI Trendline Becomes The Key Trigger For SUI Crypto analyst Umair Crypto, in a recent update, pointed out that SUI’s next move may…
Bithumb Receives Business Suspension Notice for AML Violations
Bithumb, South Korea’s second-largest cryptocurrency exchange by trading volume, is reportedly facing a possible partial business suspension of up to six months as regulators step up enforcement over anti-money laundering controls. South Korea’s Financial Intelligence Unit (FIU) gave Bithumb a preliminary notice of a six-month partial suspension over alleged anti-money laundering and know-your-customer failures under the Act on Reporting and Using Specified Financial Transaction Information, according to local media reports on Monday. The regulator reportedly cited concerns over dealings with unregistered overseas virtual asset service providers and shortcomings in customer…
Bitcoin’s 20 Millionth Coin Has Just Been Mined
The Bitcoin network has just reached 20 million mined coins, leaving just one million Bitcoin to be mined over the next century. “The market is about to experience something new: A global asset with almost no new supply left,” Energy Co managing partner David Eng said in an X post on Sunday. On average, about 450 new Bitcoins are mined each day at current rates. This rate halves roughly every four years as a result of the Bitcoin halving. With just 1 million Bitcoin supply left, the last Bitcoin is…
Bitcoin At The Bottom? The 23-Month Cycle That Has Never Failed
Crypto analyst Coinvo has explained why Bitcoin may be close to a bottom, which could spark a rally to new highs. This comes as BTC continues to face downside pressure due to the rising tensions between the U.S. and Iran. Why Bitcoin May Soon Reach A Bear Market Bottom In an X post, Coinvo alluded to the Bitcoin monthly chart, noting that the leading crypto has hit its bear market at exactly 23 months after the all-time high (ATH) in every single cycle. BTC is currently sitting at 23 months…
Kast Stablecoin Firm Hits $600M Valuation after $80M Raise: Report
Stablecoin payments company Kast has raised $80 million in a new funding round that valued the company at $600 million, Bloomberg reported Monday, citing people familiar with the matter. The round was co-led by QED investors and Left Lane Capital, and Kast expects an annual revenue run rate of around $100 million in 2025, according to Bloomberg. The company reportedly plans to use the funding to expand across North America, Latin America and the Middle East, while also adding staff, securing licenses and developing new products. The raise is the…
Bybit Pushes Ahead With Middle East Growth Plans
Crypto exchange Bybit has reaffirmed its commitment to the Middle East amid escalating global conflict, announcing the appointment of a new country manager to increase its presence in the Middle East and North Africa (MENA) region. Tensions in the Middle East escalated last month after the US and Israel launched strikes on Iran. In response, Iran retaliated against several neighboring countries, including the United Arab Emirates (UAE), the United Arab Emirates (UAE), where Bybit maintains a major regional presence. Helen Liu, co-CEO of Bybit, said the company has no plans…
Why A U.S. Court Says Binance Is Not (Yet) Liable for Terrorist Crypto Flows
A lawsuit accusing the crypto exchange Binance of allowing terrorism financing by facilitating it has fallen apart after a US Federal court dismissed it. Not Terrorist Supporters The Troell et al. v. Binance case was dismissed in an opinion and order issued on March 6 by Judge Jeannette A. Vargas of the U.S. District Court for the Southern District of New York. The defendants’ motions were granted against a complaint brought by 535 plaintiffs, all of whom were victims or family members of victims of terrorist attacks. Related Reading The…