Is Bitcoin Bottoming? MVRV Falls to 1.1, Entering the ‘Cheap Zone’ That Marked Every Major Low Since 2018

Key Takeaways Bitcoin’s MVRV ratio fell to 1.1, its lowest since March 2023, signaling deep undervaluation. Readings near this level preceded a roughly 67% rally after the 2022 FTX collapse. Cryptoquant warns this cycle differs, so a bottom is not guaranteed despite cheap valuations. A Reading Not Seen Since 2023 Cryptoquant analysts noted that bitcoin’s…

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FixedFloat suspends Huobi funds, but did UK sanctions go too far?

FixedFloat has tightened its compliance rules for transactions linked to Huobi or HTX after the United Kingdom placed Huobi Global S.A. under Russia-related sanctions. Summary FixedFloat now suspends Huobi-origin funds and requires extra checks under its revised compliance procedures. UK authorities say HTX falls under Huobi sanctions despite the exchange disputing that legal connection. ZachXBT…

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