New MiCA regime in Europe, U.S. jobs report for June: Crypto Week Ahead
Your look at what's coming in the week starting June 29. Source:CoinDesk
BIS warns stablecoins are more like ETFs than actual money, and they're creating FX risk
BIS's latest annual report dives into stablecoins and AI trends. Source:CoinDesk
South Korea’s $518 billion AI chip push shows crypto is still losing the capital race
Samsung and SK Hynix are pulling a chipplant buildout forward by a decade to meet AI memory demand. It is the latest and largest sign of the AI capital cycle…
$4 billion gone. Spot bitcoin ETFs are on track for their worst month on record
Investors have pulled out $4 billion from the U.S.listed spot bitcoin ETFs in June, the highest outflow on record. Source:CoinDesk
Bullish Bitcoin RSI divergence has analysts calling for 2022-style bear market bottom
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.…
Will Bitcoin price recover in July?
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.…
Samson Mow says bitcoin bottom is in despite skepticism from analysts
The bitcoin advocate said his crypto bottom claim is based on the fact that the traditional fouryear halving cycle has changed, although several analysts…
Michael Saylor teases more bitcoin buying even as Strategy stock continues to fall
The crypto bull shrugged off market skepticism by sharing a chart of the company's $50 billion stash and teasing that they are going to need more data points.…
Forget the ‘Sell America’ trade: Why U.S. markets keep proving the naysayers wrong
Foreign investors are still pouring money into U.S. assets, and the dollar remains the undisputed global reserve currency. Source:MarketWatch
Bitcoin falls below $60,000, on track for a rare back-to-back quarterly loss
The token is down nearly 7% on the week with the altcoins falling harder. Bitcoin and ether are both ending the second quarter in the red, a backtoback losing…
Bitcoin faces fresh capitulation risk as 50K BTC moved at a loss
Nearly 50,000 BTC shifted to exchanges at a loss while shortterm Bitcoin holders' stress level reached 2year highs. Is BTC headed toward new lows?…
Why a selloff in gold and silver is dragging bitcoin down
Bitcoin has long been lumped in with precious metals as a hedge against a weakening dollar. That trade is unwinding on a hawkish Fed, and bitcoin is falling…