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Strategy has turned profitable and may be included in the S&P 500 in September. The acting chairman of the CFTC stated that Bitcoin is moving towards "Uberization."
08-15 09:07
Data: The trading volume of Hong Kong's virtual asset ETF today is approximately 131.4 million HKD.
08-15 09:00
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CryptoQuant: MVRV death cross signal appears, Bitcoin downside risk intensifies.
PANews March 31 news, according to CryptoQuant analyst Yonsei dent, the Bitcoin MVRV (Market Value to Realized Value Ratio) indicator showed a “death cross” signal as the 30-day moving average crossed below the 365-day moving average in early March, indicating a weakening of short-term momentum and increased downward pressure. Historical data shows that this signal is usually accompanied by a price pullback. With the current MVRV close to the long-term historical average, the market has moved out of the overheated range, but there has not yet been a clear bottom signal, and investors need to be wary of further fall risks.