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Vetle Lunde, Head of Research at K33, noted that Bitcoin's price has been consolidating between $60,000 and $75,000 in recent weeks, indicating a stabilization in both exchange-traded product volumes and the behavior of long-term holders. He described this price action as "typically associated with market bottoms" and suggested that Bitcoin's price range in the low $70,000s could be attractive to medium to long-term investors.
According to Lunde, Bitcoin ETF flows have turned slightly positive since late February, suggesting that the sell-off wave since the all-time high in October might be nearing its end. He stated that previous outflows were driven by profit-taking as Bitcoin's price fell below investors' cost basis, creating a supply-demand feedback loop. However, as prices declined, the motivation to sell weakened, and demand began to stabilize.

[K33: Bitcoin Consolidation Amid Easing Sell-Off Pressure Suggests Potential Market Bottom]Vetle Lunde, Head of Research at K33, noted that Bitcoin's price has been consolidating between $60,000 and $75,000 in recent weeks, indicating a stabilization in both exchange-traded product volumes and the behavior of long-term holders. He described this price action as "typically associated with market bottoms" and suggested that Bitcoin's price range in the low $70,000s could be attractive to medium to long-term investors.
According to Lunde, Bitcoin ETF flows have turned slightly positive since late February, suggesting that the sell-off wave since the all-time high in October might be nearing its end. He stated that previous outflows were driven by profit-taking as Bitcoin's price fell below investors' cost basis, creating a supply-demand feedback loop. However, as prices declined, the motivation to sell weakened, and demand began to stabilize.

K33: Bitcoin Consolidation Amid Easing Sell-Off Pressure Suggests Potential Market Bottom

On March 26, CNN reported, citing two officials from the Trump administration, that the White House is working to arrange a meeting this weekend in Pakistan to discuss solutions to the Iran crisis. However, sources indicate that the timing has not been confirmed. Previously, Iranian state media reported that an official outlined five conditions for ending the war in response to proposals from the US. Additionally, two sources stated that US Vice President Pence may travel to Pakistan this weekend to participate in talks with Iran.

[US Media: White House Plans Weekend Negotiations with Iran, VP Pence May Attend]On March 26, CNN reported, citing two officials from the Trump administration, that the White House is working to arrange a meeting this weekend in Pakistan to discuss solutions to the Iran crisis. However, sources indicate that the timing has not been confirmed. Previously, Iranian state media reported that an official outlined five conditions for ending the war in response to proposals from the US. Additionally, two sources stated that US Vice President Pence may travel to Pakistan this weekend to participate in talks with Iran.

US Media: White House Plans Weekend Negotiations with Iran, VP Pence May Attend

On March 26, a source within the Iranian military stated that Iran is continuously monitoring and tracking the movements and changes on enemy frontlines. If the enemy attempts ground operations on Iranian islands or other territories, or increases Iran's defense costs through maritime activities in the Persian Gulf and the Gulf of Oman, Iran will respond by opening other fronts. The source added that the Bab-el-Mandeb Strait is one of the world's important strategic straits, and Iran has both the will and the capability to pose a threat to it. He indicated that if the United States attempts to find a solution to the Strait of Hormuz issue through "foolish actions," it should be wary of another strait becoming its new predicament. The source also emphasized that Iran is fully prepared for further escalation of the situation. (CCTV News)

[Iran Warns of Opening New Fronts if Provoked]On March 26, a source within the Iranian military stated that Iran is continuously monitoring and tracking the movements and changes on enemy frontlines. If the enemy attempts ground operations on Iranian islands or other territories, or increases Iran's defense costs through maritime activities in the Persian Gulf and the Gulf of Oman, Iran will respond by opening other fronts. The source added that the Bab-el-Mandeb Strait is one of the world's important strategic straits, and Iran has both the will and the capability to pose a threat to it. He indicated that if the United States attempts to find a solution to the Strait of Hormuz issue through "foolish actions," it should be wary of another strait becoming its new predicament. The source also emphasized that Iran is fully prepared for further escalation of the situation. (CCTV News)

Iran Warns of Opening New Fronts if Provoked

On March 26, according to CCTV News, Iranian military sources stated that Iran is continuously monitoring enemy movements. If the opposing side launches ground operations on its islands or mainland, or exerts pressure by intensifying maritime activities in the Persian Gulf and the Gulf of Oman, Iran will respond by opening "other fronts." Notably, the source specifically named the Bab al-Mandab Strait, calling it one of the world's most critical strategic waterways. They explicitly stated that Iran possesses the capability and willingness to pose a threat to it, sending a strong signal of potential "second strait risks." Concurrently, Iran warned the United States that any attempts to resolve issues in the Strait of Hormuz through action could trigger broader regional chain reactions, emphasizing that it is prepared for an escalation of the situation.

[Iran Warns of New Fronts, Eyes Strategic Risks in Bab al-Mandab Strait]On March 26, according to CCTV News, Iranian military sources stated that Iran is continuously monitoring enemy movements. If the opposing side launches ground operations on its islands or mainland, or exerts pressure by intensifying maritime activities in the Persian Gulf and the Gulf of Oman, Iran will respond by opening "other fronts." Notably, the source specifically named the Bab al-Mandab Strait, calling it one of the world's most critical strategic waterways. They explicitly stated that Iran possesses the capability and willingness to pose a threat to it, sending a strong signal of potential "second strait risks." Concurrently, Iran warned the United States that any attempts to resolve issues in the Strait of Hormuz through action could trigger broader regional chain reactions, emphasizing that it is prepared for an escalation of the situation.

Iran Warns of New Fronts, Eyes Strategic Risks in Bab al-Mandab Strait

On March 26, UN Secretary-General Antonio Guterres spoke to the media on the situation in the Middle East, urging the United States and Israel to end their war against Iran, while also calling on Iran to stop attacking its neighbors. Guterres stated that the message he conveyed to the US and Israel is that the humanitarian suffering caused by the war is escalating, civilian casualties are continuously rising, and the impact on the global economy is becoming increasingly devastating, making it time to end the war. He emphasized that Iran's neighbors are not parties to this conflict and conveyed the message to Iran to stop attacking neighboring countries. (Xinhua News Agency)

[Guterres Calls on US and Israel to End War Against Iran]On March 26, UN Secretary-General Antonio Guterres spoke to the media on the situation in the Middle East, urging the United States and Israel to end their war against Iran, while also calling on Iran to stop attacking its neighbors. Guterres stated that the message he conveyed to the US and Israel is that the humanitarian suffering caused by the war is escalating, civilian casualties are continuously rising, and the impact on the global economy is becoming increasingly devastating, making it time to end the war. He emphasized that Iran's neighbors are not parties to this conflict and conveyed the message to Iran to stop attacking neighboring countries. (Xinhua News Agency)

Guterres Calls on US and Israel to End War Against Iran

On March 26, stablecoin startup Payy announced the completion of a $6 million seed funding round led by FirstMark Capital, with participation from Robot Ventures and DBA Crypto. Originally known as Polybase, Payy transitioned in 2023 to focus on stablecoin payments, primarily achieving on-chain transaction privacy through zero-knowledge proofs. Its products include a self-custody wallet and a Visa-supported payment card, while it is also developing the Payy Network, a privacy payment network based on Ethereum Layer 2. Currently, Payy has reached 120 countries with over 100,000 users and an annual transaction volume of approximately $130 million. In the future, it will focus on expanding its enterprise client base to promote the application of stablecoins in financial institutions and payment scenarios.

[Privacy Stablecoin Project Payy Raises $6 Million in Seed Funding Led by FirstMark Capital]On March 26, stablecoin startup Payy announced the completion of a $6 million seed funding round led by FirstMark Capital, with participation from Robot Ventures and DBA Crypto. Originally known as Polybase, Payy transitioned in 2023 to focus on stablecoin payments, primarily achieving on-chain transaction privacy through zero-knowledge proofs. Its products include a self-custody wallet and a Visa-supported payment card, while it is also developing the Payy Network, a privacy payment network based on Ethereum Layer 2. Currently, Payy has reached 120 countries with over 100,000 users and an annual transaction volume of approximately $130 million. In the future, it will focus on expanding its enterprise client base to promote the application of stablecoins in financial institutions and payment scenarios.

Privacy Stablecoin Project Payy Raises $6 Million in Seed Funding Led by FirstMark Capital

HTX data showed that BTC broke through 71000  USDT and is now at 71010.49 USDT, with a increase of 1.61% in 24H.

[BTC broke through 71000  USDT] HTX data showed that BTC broke through 71000  USDT and is now at 71010.49 USDT, with a increase of 1.61% in 24H.

BTC broke through 71000  USDT

btw Hits New High of 0.027617 USDT, Up 6.67% in 24H

【btw soared to 0.031476 USDT, a new high with a 24-hour increase of 6.67%. It currently trades at 0.027617 USDT on HTX.】btw Hits New High of 0.027617 USDT, Up 6.67% in 24H

btw soared to 0.031476 USDT, a new high with a 24-hour increase of 6.67%. It currently trades at 0.027617 USDT on HTX.

cfg Surges 14.08% in 24H, Currently at 0.1475 USDT

【cfg currently trades at 0.1475 USDT, up 14.08% in 24h, according to HTX market data.】cfg Surges 14.08% in 24H, Currently at 0.1475 USDT

cfg currently trades at 0.1475 USDT, up 14.08% in 24h, according to HTX market data.

According to the official announcement, the Bank of Thailand (BOT) will hold the "Digital Finance Conference 2022" from October 27 to October 29. With the theme of "Collaboration, Innovation, Inspiration", this conference will focus on hot topics in financial technology fields such as cross-border payment and central bank digital currency (CBDC), network security, artificial intelligence, blockchain, and Web3.0, and showcase Winners of the BOT Policy Hackathon and Retail CBDC Hackathon competitions.

Detail

【BOT to hold digital finance conference to discuss topics such as Web3, CBDC and blockchain】According to the official announcement, the Bank of Thailand (BOT) will hold the "Digital Finance Conference 2022" from October 27 to October 29. With the theme of "Collaboration, Innovation, Inspiration", this conference will focus on hot topics in financial technology fields such as cross-border payment and central bank digital currency (CBDC), network security, artificial intelligence, blockchain, and Web3.0, and showcase Winners of the BOT Policy Hackathon and Retail CBDC Hackathon competitions.

BOT to hold digital finance conference to discuss topics such as Web3, CBDC and blockchain

Article

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BOT to hold digital finance conference to discuss topics such as Web3, CBDC and blockchain

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