Read sharp crypto market analysis, expert breakdowns, and on-chain insights covering Bitcoin, Ethereum, altcoins, and macro trends.
Hong Kong to align crypto derivatives reporting with global standards by 2025.
Liam 'Akiba' Wright 2 min read 
Despite breaking the $65,000 area this afternoon, Bitcoin still needs to hold its price above it to confirm the bullish sentiment.
Bitcoin movement in tandem with the M2 Index and on-chain data can be useful signs to assess market cycles, the report points out.
Analysts highlight the convergence of Bitcoin and altcoin momentum as a promising sign for broader market recovery.
Macroeconomic indicators prompt disconnected analysis from different analysts from the crypto industry over Bitcoin's future.
BlackRock exec Robbie Mitchnick believes that the long-term drivers of Bitcoin are significantly different from that of risk-on assets.
Despite a total of 26,528 ETH being unstaked, the seven-day APR for staked ETH rose to 3.17%, signaling increased Ethereum network activity and staking rewards.
The recent rally is likely driven by derivatives trading, which might prompt a consolidation period without significant spot volume.
TON registered significant year-to-date growth in various on-chain activity metrics, together with a soaring TVL.
