Ether bulls appear to be targeting $2,800 as their next stop, but ETH futures 
data shows a divided market with limited odds for a sustained 33% rally.

Ether accumulation data predicts rally to $2.8K, but there’s a catch

The Dubai edition of Token2049 has been postponed until 2027 after organizers 
cited safety concerns linked to rising geopolitical tensions due to the Iran- 
Isreal-US war. The decision follows the cancellation of another major industry 
gathering, the TON Gateway event, which…

Token2049 Dubai pushed to 2027 over security concerns

As Bitcoin (BTC) seeks to solidify its position around $71,000, the 
cryptocurrency faces a challenge from the $74,000 resistance level that has so 
far prevented a decisive breakout. However, recent insights from Bloomberg 
indicate that a collection of indicators, historically associated with the 
conclusion of downward trends, suggest the current sell-off may be reaching 
its final phase. Bitcoin Recovery In Sight? Brett Munster of Blockforce 
Capital said that one of these indicators has already entered a range that has 
frequently preceded past lows. Meanwhile, two others are indicating figures 
between $54,000 and $58,000, which is lower than the current price range of 
between $65,000 and $73,000 that was set during the month. Although a 
definitive price floor is not guaranteed, Munster asserts that “the majority 
of the drawdown appears to be behind us,” suggesting that a market turnaround 
could potentially materialize by mid-year. Related Reading: Bitcoin 
Historically Surges 54% On Average Post-US Midterm Elections, Binance One of 
the critical indicators currently highlighting Bitcoin&#8217;s potential for 
recovery is the MVRV Z-Score. This measure signals when Bitcoin is trading 
above or below its on-chain cost basis. When this score dips below 0.4, it 
typically indicates that the cryptocurrency is undervalued. Presently, the 
score is around 0.38, indicating that Bitcoin may indeed be undervalued, 
although other metrics have not yet confirmed this trend. Potential Upside 
Emerges The realized price of Bitcoin—the average price at which it has last 
moved on-chain—currently hovers near $54,000, while the 200-week moving 
average (MA), which has historically marked important support levels, is 
positioned around $58,000. Related Reading: Hyperliquid (HYPE) Under The Lens: 
These 3 Metrics Point To Severe Undervaluation Moreover, the pattern of 
diminishing peak-to-trough drawdowns suggests a potential bottom could lie 
between $45,000 and $55,000. Collectively, these indicators define what 
Munster terms “a high-probability accumulation zone” ranging from 
approximately $45,000 to $60,000. Although pinpointing an exact market bottom 
is inherently uncertain and bear markets can last longer than anticipated, 
Munster believes that Bitcoin presently offers a more favorable risk-reward 
profile with greater upside potential. Featured image from OpenArt, chart from 
TradingView.com

Bitcoin Price Nearing Bottom? Key Indicators Suggest End Of Downturn–Bloomberg

The USDC issuer&#8217;s stock is soaring despite a market selloff as stablecoins 
expand into traditional finance. Meanwhile, Canaan boosts BTC reserves and 
Wells Fargo eyes crypto services.

Crypto Biz: Circle stock defies Wall Street and digital asset selloff

Solana price has rejected a key resistance zone near $90, signaling the 
potential continuation of an ABC corrective structure.

Cryptocurrency price in HUF