The Bitcoin Coinbase Premium Index turned negative as BTC’s RSI hit its lowest level since April, but it could also mark the beginning of a slow recovery. Read More at https://cointelegraph.com/news/bitcoin-coinbase-premium-weakens-but-rsi-mirrors-april-bottom-zone?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Bitcoin Coinbase Premium weakens but RSI mirrors April bottom zone
The Bitcoin Coinbase Premium Index turned negative as BTC’s RSI hit its lowest level since April, but it could also mark the beginning of a slow recovery. Read More at https://cointelegraph.com/news/bitcoin-coinbase-premium-weakens-but-rsi-mirrors-april-bottom-zone?utm_source=rss_feed&utm_medium=rss%3FREFRESH1635380212344&utm_campaign=rss_partner_inbound
NAV Collapse Creates Rare Opportunity in Bitcoin Treasurys: 10x Research
Bitcoin treasury firms saw NAV premiums collapse as retail lost billions, but the reset created entry points for a new era of skilled asset managers, say researchers. Read More at https://cointelegraph.com/news/nav-collapse-creates-rare-buying-opportunity-in-bitcoin-treasuries-10x-research?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
NAV Collapse Creates Rare Opportunity in Bitcoin Treasurys — 10x Research
Bitcoin treasury firms saw NAV premiums collapse as retail lost billions, but the reset created entry points for a new era of skilled asset managers, say researchers. Read More at https://cointelegraph.com/news/nav-collapse-creates-rare-buying-opportunity-in-bitcoin-treasuries-10x-research?utm_source=rss_feed&utm_medium=rss%3FREFRESH1635380212344&utm_campaign=rss_partner_inbound
‘Bitcoin smells trouble’ as banks are stressed and ‘yields are puking’ – Strike CEO
Regional banks faced renewed stress despite 2023 crisis reforms, with Zions and Western Alliance stocks plunging as Bitcoin fell to a four-month low. Read More at https://cointelegraph.com/news/bitcoin-smells-trouble-as-banks-are-stressed-and-yields-are-puking-strike-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Bitcoin smells trouble’ as banks are stressed and ‘yields are puking’ — Strike CEO
Regional banks faced renewed stress despite 2023 crisis reforms, with Zions and Western Alliance stocks plunging as Bitcoin fell to a four-month low. Read More at https://cointelegraph.com/news/bitcoin-smells-trouble-as-banks-are-stressed-and-yields-are-puking-strike-ceo?utm_source=rss_feed&utm_medium=rss%3FREFRESH1635380212344&utm_campaign=rss_partner_inbound
Tempo, Stripe’s new blockchain, hits $5B valuation in $500M funding round
Led by Thrive Capital and Greenoaks, the raise comes less than two months after Stripe unveiled its layer-1 blockchain for stablecoin and real-world payments. Read More at https://cointelegraph.com/news/tempo-stripe-blockchain-5b-valuation-funding-round?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Huobi founder raises $1B as part of Ether trust strategy: Report
The founder of the Chinese cryptocurrency exchange plans to announce the trust within a few weeks, with the backing of Ether supporters. Read More at https://cointelegraph.com/news/huobi-founder-raising-funds-ether-strategy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum Foundation veteran Dankrad Feist joins Stripe’s Tempo team
Feist, who is one of the Ethereum Foundation’s key researchers, said that Tempo and Ethereum share similar values and “complement” each other. Read More at https://cointelegraph.com/news/ethereum-foundation-veteran-dankrad-feist-join-tempo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Public companies hold $110B BTC, but which are profiting from the Bitcoin standard?
Public companies now hold over 1 million Bitcoin worth $110 billion on their balance sheets, but only early adopters with disciplined strategies have seen major gains. Read More at https://cointelegraph.com/news/public-companies-hold-dollar110b-btc-but-which-are-profiting-from-the-bitcoin-standard?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound