Latest Crypto News
Bitcoin is the third most oversold ever, says one indicator, and violent upside could be next
The Relative Strength Index (RSI), a popular technical trading indicator, has plunged to 17. Only the bear market bottom in 2018 and the 2020 Covid crash saw lower reads.

U.S. Treasury's Bessent calls out crypto 'nihilists' resisting market structure bill
Treasury Secretary Bessent said market participants who don't want strong regulation should "move to El Salvador."

Tom Lee's Bitmine now $8 billion underwater as ether tumbles below $2,000
Despite its mounting losses and plunging share price, the ether treasury firm says it's under no pressure to sell its holdings.

Gemini to exit U.K., EU and Australia, reduce staff by 25%, and focus on U.S. and prediction markets
The crypto exchange has instructed affected customers to sign up with eToro by the end of March for withdrawals, while deposits and new accounts have been suspended.

Strategy has $6.5 billion loss on BTC, but continues trading at premium to value of its assets
Ahead of the fourth-quarter earnings report tonight, shares are down another 13% as bitcoin falls back to $68,000.

Sovcombank says it's the first Russian bank to offer bitcoin-backed loans to public
Larger rival Sberbank beat Sovcombank to the punch, but it's still running as a pilot program.

Solana Foundation's Liu: Focus on finance, not gaming 'misadventures'
Liu’s remarks come as cryptocurrencies plunge and other industry leaders are narrowing their own visions for blockchain utility.

Tom Lee's Bitmine may be buying ETH, but Vitalik Buterin and everyone else appears to be selling
Ether has dropped below $2,000, underperforming other major cryptocurrencies as selling accelerates from leveraged traders, onchain liquidations and long-term holders.

Crypto for Advisors: Rethinking crypto diversification
Beyond Bitcoin: How advisors use indices to broaden crypto exposure.

Bitcoin's rising leveraged position points to continued dip buying, but may not yet signal price bottom
Bitfinex margin longs surge to a two-year high as bitcoin falls below $69k.

CoinDesk 20 performance update: Ripple (XRP) plunges 12.2% as index declines
Sui (SUI) joined Ripple (XRP) as an underperformer, falling 9.5% since Wednesday.

Here is what industry veterans are saying as bitcoin tumbles below $70,000
"This drawdown feels horrible not because of the magnitude, but because it’s unfair," said longtime bitcoin maxi Samson Mow.

Bitcoin falls under $68,000 with traders betting move to low-$60,000s
Crypto liquidations crossed $1 billion over the past 24 hours, wiping out about $980 million million in bullish leveraged bets

Tether invests $100 million in U.S. crypto bank Anchorage, valued at $4.2 billion
Anchorage Digital is the firm issuing Tether's USAT stablecoin, designed for the U.S. market.

Deutsche Bank says bitcoin’s selloff signals a loss of conviction, not a broken market
The German lender pointed to institutional outflows, fading liquidity and stalled regulation as the real drivers behind bitcoin’s slump.

