Bitoin

According to CoinGlass data, a break above the $95,000 mark could trigger liquidations of nearly $700 million in short positions, easing selling pressure and setting the stage for the next leg up

Also to issue sovereign Bitcoin bonds

Central bank goes beyond saying that its April circular banning virtual currencies is no longer valid.

Since reaching a peak of almost $20,000 in mid-December at the height of the cryptocurrency frenzy, bitcoin has lost more than half of its value