Has Bitcoin bottomed for this cycle? Analysts say 'not yet'
Some Bitcoin analysts point to a deeper downside risk, while others believes they can see the early signs of a recovery. Source:Cointelegraph
Bitcoin nears cycle bottom as over half of supply is held at a loss, says K33
K33 said Bitcoin has historically bottomed within weeks of more than half of its circulating supply being held at a loss, with strong oneyear returns following…
EU lawmakers adopt digital assets policy stance after MiCA transition ends
The European Parliament adopted a digital assets report calling for further assessment of DeFi, staking, crypto lending and NFTs after MiCA’s transition period…
Coinbase gets UK license to expand into derivatives, equities
Coinbase said its UK investment services authorization will allow institutional and advanced traders to access derivatives, while retail users will be able to…
Ctrl Wallet to shut weeks after security exploit
The move follows a June 23 exploit that has now resulted in closing down the wallet, with users urged to withdraw their assets before all functions are…
Vitalik Buterin confirms AI identified his anonymous Ethereum proposal contribution
The Ethereum cofounder said AI recognized his intellectual habits, ending a twoweek public challenge to identify an anonymous contribution he made.…
Bitcoin can fall below $58K if one of its 'cleanest' metrics copies history: Analysis
Bitcoin NUPL metric data suggested that BTC price action should make new cycle lows in order to preserve historical patterns. Source:Cointelegraph
Digital Chamber amicus brief urges dismissal of NY lawsuit over 39,069 Bitcoin wallets
The Digital Chamber filed an amicus brief urging the dismissal of the New York lawsuit seeking ownership of 39,069 dormant Bitcoin wallets, arguing it would…
MiCA-compliant euro stablecoins grew 128% before MiCA transition ended, says Decta
Decta's report said the market cap of eight MiCAcompliant euro stablecoins rose to $673.9 million in the year before Europe’s CASP transition period ended.…
Trader loses $2M in ‘same-block backrun extraction’ exploit
One crypto trader noted the $2 million loss could have been prevented had the victim read the transaction route before signing the transaction.…
Yield Guild Games cuts 35 staff, shuts game publisher to focus on AI
Yield Guild Games said tough crypto and video game market conditions mean its YGG Play business is no longer commercially sustainable. Source:Cointelegraph
Strategy’s Bitcoin sale may give BTC a ‘durable bottom,’ Grayscale says
“Investors are now more confident about the instrument,” said Grayscale’s Zach Pandl regarding STRC, which reclaimed $90 for the first time in three weeks.…