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US and China's yield crossover amid whale buying suggest Bitcoin may be close to a price bottom, setting up for a move toward six figures in the coming months.

MetaComp’s Pre-A+ funding round, backed by Alibaba and Spark Venture, brings the total capital raised to $35 million, with aims to expand its StableX Network globally.

Despite trading more than 40% below its all-time high, with $70,000 serving as a short-term support level, Bitcoin (BTC) may be poised for a repeat pattern that could lead to a 54% increase following this year’s US midterm elections.  New research from cryptocurrency exchange Binance suggests that, historically, the aftermath of midterm elections has been positive for both the Bitcoin price and the S&P 500. Will Bitcoin Follow Historical Patterns?  The research shows that since 1939, the S&P 500 has reported no negative returns in the 12 months following midterm elections, averaging gains of 19%. In the same periods, Bitcoin has experienced an average rally of 54% across all three previously recorded midterm years.  Binance’s analysis further reveals that midterm ele...

On-chain analytics firm Santiment has highlighted how the average Bitcoin returns of the buyers from the past year are looking similar to late 2022. 365-Day Bitcoin MVRV Ratio Has Plunged Recently In a new post on X, Santiment has talked about the latest trend in the Bitcoin Market Value to Realized Value (MVRV) Ratio. This on-chain indicator measures the ratio between the market cap of the asset and its Realized Cap. The Realized Cap here refers to a capitalization model that calculates the total value of the cryptocurrency by assuming that the ‘real’ value of each token in circulation is equal to the price at which it was last transacted on the blockchain. In short, this metric represents the sum of the capital stored in the asset by all investors. Related Reading:...