Bitcoin price is showing all 3 crucial signs of a classic bull trap, & Other News

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In order to make sure that you are always on top of the most pertinent crypto news, we've prepared a short digest of today's hottest articles:

Bitcoin price is showing all 3 crucial signs of a classic bull trap

Bitcoin's price surged by 10% in 24 hours, but three factors suggest that the rally itself may be a fakeout.
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Bitcoin payments gateway purse is reconsidering closure, cites community support

Having just recently announced plans to close shop, Bitcoin payments facilitator Purse.io says it is now reconsidering due to "an incredible outpouring of support from the community."

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Bitfinex lists new cross-chain DeFi token to drive DEX liquidity

Bitfinex is planning to list its first cross-chain DeFi token, pBTC, to further push DeFi adoption and liquidity.
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"Boomers are f-cked" — new macro report forecasts $1M Bitcoin by 2025

In a scathing attack on the world's ailing financial system, Raoul Pal puts his faith firmly in Bitcoin and gold as the future.
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Fact of the Day

With only 17 days left until halving, Bitcoin price has recovered 100% from its $3.7K low

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