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Bitcoin Rebounds Above $87,000 as Oversold Indicators Hint at Recovery

Cryptonite UAE

Bitcoin (BTC) has climbed back above the $87,000 mark, reversing a portion of the recent sharp market decline. This move suggests renewed momentum after technical indicators showed the asset was deeply oversold. Despite this recovery, market sentiment remains locked in “Extreme Fear” at a score of just 13 points. However, short-term technical data is showing … Read more

New U.S. Bill Proposes Paying Federal Taxes with Bitcoin to Boost Strategic Reserve

Cryptonite UAE

A significant legislative proposal, the “Bitcoin for America Act,” has been introduced in the U.S. House by Representative Warren Davidson (November 2025). This bill represents one of the strongest moves yet toward federal Bitcoin integration. Key Features of the Proposal: Tax Payments in BTC: The bill would allow U.S. citizens to voluntarily pay their federal … Read more

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