Day: January 21, 2023

• Bitcoin price is currently holding steady at $21K despite an overbought RSI and another crypto bankruptcy. • There are however some bullish indicators forming, such as a solid MA crossover in new Bitcoin addresses. • Other bullish indicators include a declining BTC sell pressure, strong buying inflows, and a rally in Bitcoin options volume. […]
• Bybit Founder Ben Zhao addressed concerns on Twitter about the company’s exposure to the now-bankrupt crypto lender Genesis Global Capital. • According to court filings, Genesis owes its top 50 creditors $3.4 billion, including Bybit’s investment unit Mirana, who are owed approximately $151 million. • Zhao clarified that the reported $151 million has around […]