Crypto

Source: Bitcoinist A key demand zone has formed just below Bitcoin’s current price due to significant buying interest in this particular zone. On-chain data from IntoTheBlock shows that 2.76 million addresses have accumulated 2.1 million BTC at this price, creating a strong support base. This interesting data comes amidst a serious compression of the Bitcoin…

Source: Coin Tegraph Shares in HK Asia Holdings Limited nearly doubled after it bought its first Bitcoin a week ago, and now the investment firm just bought another 7 BTC. Read Full Article

Source: Bitcoinist Ethereum Foundation lead developer Tim Beiko has dismissed the idea of an Ethereum blockchain rollback following the Bybit crypto exchange hack. In a detailed post on X, Beiko explained why such a proposal is impractical and unfeasible. Ethereum Network Too Interconnected For A Rollback, Beiko Says  On February 21, Dubai-based exchange Bybit suffered…

Source: Coin Tegraph 10x Research’s Markus Thielen says the demand for Bitcoin as a long-term asset could be “significantly smaller than the media portrays.” Read Full Article

Source: Coin Tegraph The mining rig maker Bgin Blockchain has filed to go public in the US in an offering that’s expected to raise around $50 million. Read Full Article

Source: Coin Tegraph OKX Ventures’ founder Jeff Ren told Cointelegraph that fund-worthy crypto startups are ones that combine solid tech with an ability to adjust as the market evolves. Read Full Article

Source: Bitcoinist The price of BTC could be stuck in consolidation for longer than initially anticipated, as the latest on-chain data shows that the Bitcoin Coinbase Premium Index has dropped back beneath zero. What does this dwindling metric signal for the premier cryptocurrency? Is The Bitcoin Price At Risk Of Downward Movement? In a recent…

Source: Coin Tegraph Blockchain analytics firm Lookonchain reports Bybit bought $742 million worth of Ether using two wallet addresses between Feb. 22 and 23. Read Full Article

Source: Coin Tegraph Onchain sleuth ZachXBT and Nick Bax, a member of a white hat hacker group, both allege that eXch was used by the Lazarus Group to launder $35 million from the Bybit hack. Read Full Article

Source: Bitcoinist As the global bitcoin markets pick up steam again, Hong Kong and Singapore, two of Asia’s financial giants, are vying to become the top cryptocurrency destinations. Both cities are exploring regulatory changes and investment-friendly rules in an effort to attract digital asset firms and position themselves at the forefront of the industry’s growth….