Tom Lee: When users give up on Bitcoin and sell off wildly, it is a signal that the market is bottoming out.

Fidelity Analyst: Crypto Bear Market Bottom May Have Formed, Expecting a New Round of Expansion

Fidelity Global Macro Director Jurrien Timmer pointed out that Bitcoin recently dropped to $60,000, potentially forming a bear market bottom, and is expected to usher in a new bull market. He analyzed the correlation between Bitcoin prices and money supply, believing that after consolidation, Bitcoin is likely to reach new highs and move toward long-term targets.

Latam Insights: Brazil's 1 Million Bitcoin Strategic Reserve Bill Introduced, Stablecoin Taxation Also in the Works

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, a strategic bitcoin reserve bill was introduced in the Brazilian Congress, Brazil prepares to tax stablecoins, and Argentina’s statistics chief resigns. Strategic

Fast-food chain Steak 'n Shake will pay bonuses to hourly workers in the form of Bitcoin

American fast-food chain Steak 'n Shake will start awarding Bitcoin bonuses to hourly employees at company-operated stores from March 1. Employees will receive $0.21 per hour, which can be claimed after two years. The maximum annual earnings are approximately $436.80, with the final value depending on market prices.

Schiff Claims Bitcoin Is Only 'Threat' to Its Own Buyers - U.Today

Peter Schiff, a vocal critic of Bitcoin, argues it poses no systemic threat to traditional finance, only endangering its investors. He deems it a speculative bubble and predicts its value will plummet to zero, highlighting his belief in the superiority of gold over cryptocurrencies.

Data: 179 BTC transferred from an anonymous address, then routed through a relay before being sent to another anonymous address

ChainCatcher reports that, according to Arkham data, at 19:13, 179 BTC (worth approximately $12.6 million) was transferred from an anonymous address (starting with bc1qylk0d5...) to another anonymous address (starting with bc1qtqle5r0...). Subsequently, this address transferred some BTC (100 coins) to another anonymous address (starting with bc1qzrd3l24...).