Author Archives: pdgweb

Bitcoin RSI bullish divergences formed the basis for the new bull case, but some market takes warned that new BTC price lows were still to come. Read More at https://cointelegraph.com/markets/bitcoin-rsi-bullish-divergence-sees-analysis-call-2022-bottom-repeat?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

BitMine and Joe Lubin back a new non profit called Ethlabs that aims to spur adoption. Binance shutters services in Europe after failing to secure a license. Read More at https://cointelegraph.com/features/hodlers-digest-binance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The Basel-based institution said that private digital tokens fall short of the requirements for sound money and urged policymakers to accelerate work on tokenized forms of central bank and commercial bank money. Read More at https://cointelegraph.com/news/bis-warns-stablecoins-risk-fragmenting-global-financial-system?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin’s past July gains and heavy short bets point to a rally toward $75,000, but a break below key support keeps the risk of $55,000 in play. Read More at https://cointelegraph.com/markets/will-bitcoin-price-recover-in-july?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The European Banking Authority laid out a proposed penalty framework on Friday that can strip non-compliant significant token issuers of up to 12.5% of their annual revenue. Read More at https://cointelegraph.com/news/eu-watchdog-eba-details-big-crypto-fines-as-landmark-laws-bite?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Early exchange flow data show no clear signs of a mass migration from Binance ahead of the EU MiCA transition deadline, despite rivals’ efforts to attract users. Read More at https://cointelegraph.com/news/binance-400m-weekly-net-outflows-mica-deadline-nears?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Grayscale’s research head Zach Pandl said Strategy should sell $3 billion in Bitcoin to cover its cash obligations, but CryptoQuant argued the company has other ways to support STRC. Read More at https://cointelegraph.com/news/grayscales-pandl-strategy-sells-3b-bitcoin-confidence?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

A “race condition” after the system was reset prevented the sequencers from catching up, causing the second outage. Read More at https://cointelegraph.com/news/base-post-mortem-reveals-sequencer-bug-behind-back-to-back-outages?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

“These periods have always been profitable for long-term investors,” said CryptoQuant analyst Darkfost. Read More at https://cointelegraph.com/news/bitcoin-unspent-transaction-outputs-signal-capitulation-underway-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The asset manager argues Bitcoin’s fixed supply schedule does not undermine network security, even as miners face shrinking block rewards after each halving. Read More at https://cointelegraph.com/news/fidelity-bitcoin-long-term-security-halvings-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound