Bitcoin’s (BTC) recovery continues to face selling at higher levels, indicating that the bears have not given up. Trading resource Material Indicators said in a post on X that “Spoofy the Whale” has been suppressing Bitcoin’s price below $87,500. Although the upside is currently restricted, select analysts believe that the downside is limited. BitMEX co-founder…

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Russia is thinking of using the confiscated cryptocurrency in criminal proceedings “for the benefit of the state.” The country may move forward with plans to establish a government cryptocurrency fund using assets confiscated from criminal proceedings. On 20 March 2025, Evgeny Masharov, a member of the Russian Federation’s Public Chamber Commission for public examination of…