By Newsdesk7
NEWS / NEWS / NEWS / NEWS / NEWS / NEWS
Australian cryptocurrency exchange Digital Surge appears to have narrowly avoided its collapse despite having about $23.4 millions of dollars in digital assets tied up in the now-bankrupt FTX crypto exchange. On January 24 local time, Digital Surge lenders approved a 5-year bailout plan, aimed at eventually returning its 22,545 customers whose digital assets had been frozen on the platform since November 16, while allowing the exchange to continue operating.
NEWS / NEWS / NEWS / NEWS / NEWS / NEWS
Six tried and tested on-chain metrics are repeating the patterns last seen during the last three bear market bottoms. Several on-chain metrics in the Bitcoin network are flashing buy signals after this year’s rally. Bitcoin has broken out of its torpor to gain 37% since the start of 2023. However, on-chain data is still indicating that this may be the case of “generational buying opportunity,” according to analysts.
NEWS / NEWS / NEWS / NEWS / NEWS / NEWS
NEWS / NEWS / NEWS / NEWS / NEWS / NEWS