Will Clemente: Bitcoin (BTC) Is Very Close to a Bottom – 6 Arguments

In today's article, BeInCrypto looks at 6 selected on-chain indicators whose charts suggest that Bitcoin is very close to reaching a bottom. These were highlighted in a tweet yesterday by Will Clemente - a well-known on-chain analyst - who suggests that "it's a great time to DCA heavily.

Timeline of Bitcoin

“Options enable investors to trade volatility directly and protect against downside risks in the crypto market,” said Rig Karkhanis, Nomura's head of global markets for Asia ex-Japan. The post Nomura begins offering Bitcoin OTC derivatives to clients in Asia appeared first on The Block.

A dormant Satoshi-era BTC wallet with a balance of $30,395,186 has just been reactivated after 8.5 years of dormancy, blockchain transaction tracking platform Whale Alert revealed on Twitter. Satoshi-Era BTC Wallet Holder Gains 64x According to WhaleAlert, the wallet owner purchased the bitcoins as far back as 2013, four years after the Bitcoin protocol went live.

Bitcoin whales saw the token's latest dip as another buying opportunity, with chain data showing at least $1.2 billion BTC was accumulated as the token sank below $30,000 again. The Global crypto market has decreased by 3% in the last 24 hours.

Luna, the collapsed cryptocurrency that was designed to support the terraUSD (UST) stablecoin, has rocketed higher over the last 24 hours despite falling to near zero this week—a dramatic collapse that shook the wider bitcoin and crypto market.

Japanese investment firm Namura announced Friday that it has launched crypto derivatives to Asian clients in Singapore, marking its move into the crypto industry amid a market crash. Nomura Holdings Inc., a Japanese financial holding company, started offering crypto derivative contracts to clients in Asia, following the high demand for cryptocurrency assets in the last

El-Salvador was the first country to use Bitcoin as a legal tender, and accept the cryptocurrency for all kinds of transactions. To make it effective, the government had also released the new digital wallet app, crediting $30 in bitcoin to every citizen of the country. The wallet supports both BItcoin and the country's existing legal …

Bitcoin's single day recovery from the lows around $26,000 to beyond $31,000 raised hopes of the asset resuming with a strong uptrend. However, the fresh price slash in the early trading hours dragged the price back below $30,000. Additionally, the asset now displays some signs of weakness which may pave the way for the bear …

Last week, the crypto community was taken aback as the Central Bank of Argentina moved to prohibit retail banks from providing Bitcoin and cryptocurrency services. The post This is why the IMF hates Bitcoin appeared first on CryptoSlate.

Mark Mobius, a seasoned investor and co-founder of Mobius Capital Partners warned against buying the dip amid high volatility in Bitcoin's price. A meltdown in the cryptocurrency market could take the Bitcoin price dip to as low as $10,000 in near future, he was quoted as saying by Financial News.

Personal finance author Robert Kiyosaki says an entire generation of Americans is facing a future of unprecedented economic pain. In a new roundable on the state of global markets, Kiyosaki points to persistent inflation and shortfalls in social security and medicare funding as key factors that he believes will hammer a huge number of baby The post Rich Dad Poor Dad Author Delivers Alarming Economic Warning, Unveils All-In Price Target for Bitcoin appeared first on The Daily Hodl.