The early Bitcoin (BTC) evangelist and now Bitcoin Cash (BCH) proponent Roger Ver has been sued by the now-bankrupt crypto lender Genesis after failing to meet a $21m margin call.
The court action taken by Genesis is related to a crypto options trade that expired late last year, and that Roger Ver – who is often called “Bitcoin Jesus” for his early evangelism – allegedly never settled….
Read More: Bitcoin Billionaire Roger Ver Sued by Genesis For $21 Million Debt – Here’s What Happened

The bitcoin price is consolidating below the important $23,000 level and is still up almost 50% from its 21 November lows, despite pulling back 1.5% in the past 24 hours to $22,600.
If the largest cryptocurrency by market cap can successfully challenge resistance between $23k and $25k, that will be key to sustaining its uptrend revival – it could also signal the end of the bear market….
Read More: Why Bitcoin Price Breaking Resistance at $23k and $25k Could be Massively Bullish

Digital asset infrastructure firm Blockstream has secured $125 million in funding aimed at expanding its bitcoin mining facilities. 
Blockstream has received the funding in a convertible note and secured loan financing, the company announced in a press release, adding that it plans to use the money to expand its mining facilities amid increasing demand for large-scale hosting services. The statement read:…
Read More: Blockstream Secures $125 Million in Funding for Bitcoin Mining Operations

Brazil and Argentina are mulling the co-creation of a common currency – but Bitcoiners have suggested they adopt Bitcoin (BTC) instead.
Over the weekend, the Financial Times reported that ministers in the nations said the proposed currency would “at first run in parallel with the Brazilian real and Argentine peso.”…
Read More: Brazil and Argentina Want to Create a New Currency, Bitcoiners Suggest Adopting BTC

The leading cryptocurrency, Bitcoin, is trading sideways, with the price remaining within a limited range of $22,500 to $23,350. On January 23rd, BTC/USD closed at $23,114 after reaching a high of $23,114. 
BTC, the world’s largest cryptocurrency by market capitalization, reached $23,000 for the first time since mid-August 2022 on Saturday. This level was breached again on Monday, indicating a possible bullish trend ahead. …
Read More: Bitcoin Price Prediction as BTC Spikes Above $23,000 – Is a New Bull Market Starting?

According to data from crypto analytics firm Glassnode, the 90-Day Bitcoin’s Realized HODL Multiple has risen to its highest level since May 2022, when Bitcoin’s price was around $30,000, as opposed to current levels in the upper $22,000s. The Realize HODL Ratio (RHODL) is a ratio of the number of Bitcoins that moved less than one week ago versus the number of coins that moved one to two years ago….
Read More: This Indicator Suggests Bitcoin Holders Are Selling Coins to Newbies – What Does This Mean for BTC Price?

According to data from crypto analytics firm Glassnode, the 90-Day Bitcoin’s Realized HODL Multiple has risen to its highest level since May 2022, when Bitcoin’s price was around $30,000, as opposed to current levels in the upper $22,000s. The Realize HODL Ratio (RHODL) is a ratio of the number of Bitcoins that moved less than one week ago versus the number of coins that moved one to two years ago….
Read More: This Indicator Suggests Bitcoin Holders Are Selling Coins to Newbies – What Does This Mean for BTC Price?

The 30-Day Simple Moving Average (SMA) of Glassnode’s Bitcoin Realized Profit-Loss Ratio (RPLR) indicator is about to move above one for the first time last April. That will mean that the Bitcoin market will soon be realizing a greater proportion of profits (denominated in USD) than losses. According to Glassnode, “this generally signifies that sellers with unrealized losses have been exhausted, and a healthier inflow of demand exists to absorb profit taking”….
Read More: Realized Bitcoin P/L Ratio About to Rise Above 1 – How Will BTC Price Be Impacted?

The 30-Day Simple Moving Average (SMA) of Glassnode’s Bitcoin Realized Profit-Loss Ratio (RPLR) indicator is about to move above one for the first time last April. That will mean that the Bitcoin market will soon be realizing a greater proportion of profits (denominated in USD) than losses. According to Glassnode, “this generally signifies that sellers with unrealized losses have been exhausted, and a healthier inflow of demand exists to absorb profit taking”….
Read More: Realized Bitcoin P/L Ratio About to Rise Above 1 – How Will BTC Price Be Impacted?