Bitcoin’s sell-side liquidity reached a two-month high, mirroring a setup seen in January. Should traders prepare for a sell-off? Bitcoin (BTC) appears to have reclaimed $70,000 as support, although the market remains cautious as technical charts indicate a setup resembling the bull trap that occurred in January 2026. Bitcoin’s sell-side liquidity has expanded sharply during the latest range retest. According to crypto trader Ardi, Bitcoin ask orders reached a two-month high. The trader said, Within a 5% band around the spot price, the sell orders exceed demand by roughly 40%, creating a heavier supply layer above the market price. At the same time, the bids form a thinner support cushion below BTC price. Read more
A policy paper from the UK government's Home Office said that “vulnerabilities remain” in authorities' attempts to fight fraud in emerging payments, including digital assets. The UK government has issued a policy paper on how to combat fraud against individuals and businesses from 2026 to 2029, specifically noting that its strategy would consider digital assets. In a paper published on Monday, the UK’s Home Office identified cryptocurrencies as one medium of exchange “where victims are deceived into willingly transferring money” through scams on social media platforms and messaging. According to authorities, “vulnerabilities remain” in their attempts to fight fraud in emerging payments like crypto, and the technology posed “growing risks” for consumers. “The [National Crime Agency] launched a nationwide campaign in 2025 to help consumers spot fraud, and the Government is also supporting law enforcement, including the Serious Fraud Office (SFO), to enhance cryptoasset investigation capabilities,” said the UK g...
HYPE technical setup points to an initial breakout toward $50, with growing demand for macro-linked perps adding to the upside case. Hyperliquid (HYPE) may hit $150 by August, according to BitMEX co-founder Arthur Hayes. Key takeaways: CEX volume rotation and demand for macro-linked markets, including oil, are boosting HYPE’s bull case. Read more
Bitcoin miner Canaan boosted its BTC and ETH reserves to record levels in February, expanding its Texas operations even as many public mining firms reduce holdings. Bitcoin mining company Canaan increased its digital asset holdings to record levels in February, signaling a long-term accumulation strategy despite challenging market conditions for miners. In its February unaudited mining update issued Tuesday, Canaan said it produced 86 Bitcoin (BTC) during the month, bringing its total holdings to 1,793 BTC, a new record for the company. Canaan’s Ether (ETH) holdings also reached a record high of 3,952 ETH, with the combined value of its digital asset treasury totaling roughly $128 million at current prices. Read more
Bitcoin copied a relief rally in stocks, but concerns focus on downside liquidity and looming 50-day moving average resistance. Bitcoin (BTC) found fresh strength at Tuesday’s Wall Street open as bulls eyed a revisit of local highs. Key points: Bitcoin attempts to push toward the top of its local range, hitting new week-to-date highs. Read more