Author: boss

Bitcoin RSI Dips Below 30—Is A New All-Time High Next?

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Data shows the 14-day Bitcoin Relative Strength Index (RSI) has dropped into the oversold region. Here’s what this could mean for the asset. Bitcoin RSI Has Breached Below The 30 Mark In a new post on X, analyst Axel Adler Jr has talked about the latest trend in the RSI of Bitcoin. The “RSI” refers to an indicator from technical analysis (TA) that measures the speed and magnitude of changes occurring in any given asset’s price over a specific period. In the current case, the period is 14 days. This…

Yuga Labs seeks to replace ApeCoin DAO with new entity, ApeCo

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Yuga Labs is pushing to overhaul the ApeCoin ecosystem with a proposal to shut down the ApeCoin decentralized autonomous organization (DAO) and replace it with a new management entity called ApeCo. In a new Ape Improvement Proposal (AIP), Yuga Labs CEO Greg Solano said the DAO played a critical role in the project’s early momentum, but it has since become dysfunctional. The executive said the DAO gets in the way of meaningful development.  “What started with promise has devolved into sluggish, noisy, and often unserious governance theater,” Solano said. “Too…

Bitcoin super signal with 100% hit rate just flashed again — what happens next?

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Every time the Bitcoin Super Signal flashed before, markets surged. Now that it’s back, is it signaling latent momentum. Bitcoin’s quiet volume may be its loudest signal yet Bitcoin’s (BTC) price has eased slightly since reaching a peak of $111,970 on May 22, pulling back to around $103,300 as of June 6, a decline of approx 8%. Bitcoin price chart | Source: crypto.news Despite the drop, institutional appetite appears to remain intact. U.S. spot Bitcoin ETFs recorded around $5.24 billion in net inflows during May, suggesting that investor interest has…

Analysts Warn Of 30% Dip If This Level Doesn’t Hold

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. SUI, one of the leading altcoins of this cycle, has recorded an impressive price recovery over the past two months. However, as the cryptocurrency fails to hold some key levels, some analysts warn of a potential…

Crypto lobby wants software dev protections added to crypto bill

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The largest US crypto lobbying groups have asked lawmakers to include protections for software developers and infrastructure providers in a bill aiming to regulate the crypto space. A joint statement on June 5 by the DeFi Education Fund, Coin Center, the Solana Policy Institute, The Digital Chamber, Blockchain Association, Crypto Council for Innovatio, and the Bitcoin Policy Institute requested an additional bill be tacked on to a crypto market structure bill. The group urged lawmakers to add the Blockchain Regulatory Certainty Act (BRCA), exempting software developers of non-custodial crypto platforms…

Listed UK Miner to Convert Gold Income to Bitcoin, Stock Jumps

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The listed gold mining company Bluebird Mining Ventures said on June 5 it has adopted a strategy of converting gold into digital gold. Under the initiative, income streams from gold mining projects will be recycled into a proactive “Bitcoin in Treasury” management approach. This strategy, which will be achieved while maintaining minimal corporate overhead, is […] Original

TRON Surges Past 8 Million Daily Transactions as TRX Holds Above $0.27

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TRON (TRX) has experienced relatively stable price movement over the past week, fluctuating within a narrow range between $0.276 and $0.272. At the time of writing, the token is trading at $0.2729, reflecting a weekly decline of approximately 1.5%. However, zooming out reveals a broader uptrend, with TRX gaining nearly 12% over the past month, indicating growing market interest amid a backdrop of increased on-chain activity. An assessment of TRON’s network-level data suggests the blockchain is experiencing a surge in usage. According to a recent analysis published on CryptoQuant’s QuickTake…

Trump Media files Form S-3 with SEC for $2.3B Bitcoin treasury

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Trump Media & Technology Group, the parent company of Truth Social, has filed a Form S-3 registration statement with the U.S. Securities and Exchange Commission following a $2.3 billion raise to build one of the largest Bitcoin treasuries. The registration, announced in a June 5 press release, is tied to recent debt and equity agreements with around 50 investors. These deals include the sale of 55.8 million common shares at $25.72 each and the issuance of $1 billion in zero-coupon convertible notes due 2028, convertible at $34.72 per share. In…

Moscow Exchange Opens Bitcoin Futures to Select Investors

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Russia is entering the cryptocurrency derivatives market, as the Moscow Stock Exchange kicked off bitcoin futures trading on June 4, limited exclusively to “highly qualified” investors. This move comes as Russia cautiously experiments with crypto-related financial instruments, amid ongoing regulatory uncertainty. These new contracts are linked to Blackrock’s bitcoin exchange-traded fund (ETF), the Ishares Bitcoin […] Source

Bitcoin Network Activity Is Booming Despite A Quiet Market—Data

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin’s price has barely moved in the last week, but other signs point to growing activity on the network. On June 5, Bitcoin traded around $104,300, down 0.50% in 24 hours and off 2.5% over the…