Decentral Block Post

On its live summit, “The Crypto Winter Recovery Plan,” Cointelegraph Markets Pro revealed how traders could have mostly avoided a gut-wrenching 75% pullback in the crypto market while securing mind-boggling gains. 

The Cointelegraph Markets Pro team argues that while hodlers tied their capital into a capitulating market, nimble Markets Pro members were able to capitalize on real-time, institutional-grade crypto market intelligence to capture significant risk-adjusted profits. The results were staggering!

Cointelegraph Markets Pro traders could’ve secured returns up to 120 times their initial investment — 12,000%, not 120% — using alerts initiated by the NewsQuakes™ indicator, one of several indicators found in its easy-to-use dashboard...

Meaning anybody who would have bought every NewsQuakes™ listing alert and held it for just one hour, from January 2021 until November 2022, would have turned every $100 into $12,000, and every $10,000 into $1.2 million. While over the same period, the crypto market lost two-thirds of its total value.

The secret to the outperformance is the Cointelegraph Markets Pro platform. During the live event, the Cointelegraph Markets Pro team argued that the platform is the most actionable crypto trading service in the world — and the results support this claim.

Bitcoin (BTC) would need to return below $20,000 to reset a key metric that covers speculative profit-taking, data shows.

In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode revealed that short-term holders (STHs) might be dictating BTC price resistance.

Profit-taking reinforces resistance levels

As BTC/USD climbed toward $25,000, STHs — those holding coins for 155 days or less — began seeing substanti.

This was captured by the market value to realized value (MVRV) metric, which compares the Bitcoin market cap to the value of coins moved on-chain.

“By comparing these two metrics, MVRV can be used to get a sense of when the price is above or below ‘fair value’ and to assess market profitability,” Glassnode explains in an accompanying guide.

The United States Securities Exchange Commission (SEC) won’t be allowed to fine executives involved in Voyager Digital should it end up issuing bankruptcy tokens to help repay impacted customers, bankruptcy judge Michael Wiles has said.

The comments from Wiles came on Mar. 6, the third day of hearings regarding a plan by Voyager to issue a repayment token and sell $1 billion of assets to Binance.US.

The SEC earlier argued that the repayment token would constitute an unregistered security offering, while Binance.US is operating an unregulated securities exchange.

In a supplemental objection statement, it also objected to a legal protection which stated that no U.S. agency, including the SEC, will be able to bring “any claim against any Person on account of or relating to the Restructuring Transactions.”

Essentially, this means that executives and restructuring advisers involved in Voyager’s bankruptcy would be shielded from lawsuits if they implement the bankruptcy plan, as long as it is court-approved.