Bitcoin's correlation with the tech-heavy Nasdaq 100 collapsed to just 3% in June, hitting its lowest level in nearly three years. This means that Bitcoin outperformed tech equities this month, jumping by nearly 14% while the Nasdaq 100 is up only 3%. Overall, its correlation with traditional risk assets has steadily weakened this year from an average of 60% in 2022
Читать полностью…Bitcoin's price is now above the mid-point of the monthly Bollinger Band.
Historically, this has been the beginning of a move to the top of the upper Bollinger Band, roughly a 2x move.
The current top monthly Bollinger Band is $52K
JUST IN: Citadel, Fidelity, and Charles Schwab launch new crypto exchange platform, EDX Markets.🚀🚀🚀
https://www.wsj.com/articles/crypto-exchange-backed-by-citadel-securities-fidelity-schwab-starts-operations-597f6d46
BinanceUS responds to fraud, market manipulation, asset safeguarding claims — link
Читать полностью…SEC sues crypto exchange Coinbase in New York Federal court — link
Coinbase acting as unregistered broker, SEC claims
SEC allege the following coins are securities in Coinbase lawsuit:
SOL, ADA, MATIC, FIL, SAND, AXS, CHZ, FLOW, ICP, NEAR, VGX, DASH, and NEXO
After a four-month slump, Bitcoin ATMs are making a strong comeback. Global net numbers are on the rise, indicating that more and more people are turning to Bitcoin to fulfill their financial needs.
Читать полностью…Presidential candidate Ron DeSantis has said that the IRS is a "corrupt organization."
Читать полностью…After being kicked out of the US BITTREX INC FILES FOR CHAPTER 11 BANKRUPTCY IN DELAWARE
Читать полностью…Valkyrie updates its filling for spot Bitcoin ETF to list in Nasdaq, with ticker $BRRR — link
Читать полностью…Robinhood ends support for Solana, Polygon, Cardano amid SEC crypto exchange crackdown
Читать полностью…The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Binance and its CEO Zhao Changpeng, alleging that they have violated U.S. securities laws.
Читать полностью…Gemini, the digital currency exchange founded by Tyler and Cameron Winklevoss, is expanding its operations to the United Arab Emirates. The company is hoping to obtain a license from the UAE's financial regulator, the Securities and Commodities Authority.
Читать полностью…Trading volumes across crypto exchanges are at their lowest levels since 2020 — link
Читать полностью…Visa is making it easier for crypto users to make payments with its new Ethereum account abstraction service. This will allow Visa customers to more easily use their crypto holdings to make payments with Visa-affiliated businesses.
Читать полностью…The MiCA crypto regulation proposal has received overwhelming support from EU finance ministers. This is a big step forward for the crypto industry and will help to legitimize cryptocurrencies in the eyes of regulators.
Читать полностью…Bitcoin ordinals could trigger an adoption boom, according to Michael Saylor. Ordinals allow for the creation of BRC20 tokens on the bitcoin network
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