Bitcoin Bottom Fishers Eye Long-Term Holder Capitulation Signals – Bloomberg

Bloomberg Markets European Close. Live from New York and London, analyzing the major market moving stories across the day in Europe, hear from the biggest newsmakers and showcase the unrivaled expertise of Bloomberg News.
Bloomberg Markets live from New York, focused on bringing you the most important global business and breaking markets news and information as it happens.
Sanjay Shah used an obscure loophole to go from unemployed trader to $700 million whale in just a few years. Now regulators are after him for what they consider the biggest tax heist in European history.
Forget Inflation. Shrinkflation Is Sparking Fury in Germany
Trancript: PIMCO CIO Ivascyn on the State of the Markets
South Africa Gets Another Unsolicited Bid for a Telkom Deal
Strong Back-to-School Shopping Eases Consumer Worries, BofA Says
Italian Right Plans to Take Telecom Italia Private, Halve Debt
Author Salman Rushdie Attacked on Lecture Stage in New York
GOP’s Turner Demands DOJ Explain Reasons for FBI’s Trump Search
Michael Burry Says ‘Addictive’ Consumer Spending Heralds Trouble
Bidding Wars Are Fading in US Homebuying With Market Cooling Off
Jon Batiste Leaves Stephen Colbert’s ‘The Late Show’
Salt Bae London Mints £7 Million in Just Four Months—Without Its Star Chef
The Stock Market Rally Looks a Bit Squirrely
Driverless Trucks Can Be Safe and Efficient
Don’t Ban Chinese Investment in US Farmland
Mark Zuckerberg’s Sheryl Sandberg Replacement Has Long Been Meta’s Top Fixer
Booming Beef Industry Has Urban Cowboys Lining Up to Buy Cattle in Uruguay
The Work-From-Home Revolution Is Also a Trap for Women
Brazil’s Middle Class Benefits the Most from Bolsonaro’s Gas Tax Cuts
Banks Balk at Biden Team’s Anti-Redlining Plan, Teeing Up Clash
Amazon, Oracle Say Fears of Abortion-Data Sales Are Overblown
Total Water in England’s Reservoirs Is at Lowest Level Since 1995
In Biden’s Big Bill: Climate, Health Care, Deficit Reduction
Years of Covid School Closures Leave Philippines With Deep Scars
Hong Kong’s Ban on CBD Products Leaves Companies Facing Ruin
The Technology That Could Stop Speeders in Their Tracks
Another Friday Behind the Editor’s Desk at Bloomberg Crypto
Crypto Lender Tied to Chinese Rig Giant Throws Miners a Lifeline
Coinbase’s Stock Rebound Obscures Market Share Loss to Peers

With Bitcoin down over 70% from its November all-time highs, experts search for signs of a bottom as the staunchest of long-term holders are feeling pressured to halt their selling. 
Bitcoin, the largest digital asset by market value, is hovering around $19,000, down from roughly $69,000 at the end of last year. Longstanding investors spending their coins are locking in a 33% loss, data from Glassnode indicates.