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As cryptocurrency investors wait for a repeat of March's bull run, a positive report suggests that bitcoin's recovery may be faster than expected, Bitcoin Sistemi reported on Sunday (local time). In Bitfinex's weekly report, analysts noted that short-term selling pressure in markets including bitcoin

Bitcoin's (BTC) 200-day moving average is at an all-time high of $51,178. This is a key technical indicator for predicting long-term Bitcoin price trends, suggesting a bullish long-term outlook, according to blockchain news outlet Cointelegraph. The indicator peaked on April 6, according to BuyBitcoinWorldwide. This comes as

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is trading around $3,000. ETH is currently trading at $3,020, down 1.84% from 24 hours ago, according to data from global cryptocurrency marketplace CoinMarketCap. ETH traded as low as $2,997.52 and as high as $3,129.08

The whale address known as “Mr. 100” (starting with 1Ay8v) added 300 BTC on May 7, according to crypto analyst HODL15Capital (@HODL15Capital). This comes four days after adding 400 BTC on the previous three days. The address now holds approximately 65,962.20 BTC.

“Grayscale has just withdrawn its 19b-4 (formal request for review) filing for an Ethereum futures ETF,” Bloomberg ETF analyst James Seifart told X. “In my opinion, the filing was essentially a Trojan horse strategy, designed to create the same situation that Grayscale won in the GBTC lawsuit.”