Bitcoin metric says 0K BTC was the bottom: When will a rally to new highs start?

Bitcoin metric says $100K BTC was the bottom: When will a rally to new highs start?

Bitcoin’s inflow/outflow ratio fell to 2022 lows, and the cumulative volume delta shows short-selling pressure failing to push prices lower. Time for a rally? Key takeaways:  Bitcoin’s monthly outflow/inflow ratio has dropped to 0.9, signaling renewed long-term confidence and accumulation. Despite aggressive short-side pressure on Binance derivatives, BTC has remained in a tight range between…

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Update: UAE Denies TON golden visa claim

Update: UAE Denies TON golden visa claim

After TON claimed a staking program would offer golden visas for holders to enter the United Arab Emirates, the country’s news agency shot down the idea of a partnership. Update (July 6, 12 pm UTC): This article has been updated to include comments from Sigil Fund partner Joe HedgeHog. Editor’s Note: This article has been…

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Judge lets Celsius B Bitcoin lawsuit against Tether move forward

Judge lets Celsius $4B Bitcoin lawsuit against Tether move forward

A US judge has allowed Celsius’s lawsuit over Tether’s $4 billion Bitcoin liquidation to move forward, rejecting key parts of Tether’s dismissal bid. A US bankruptcy judge ruled that Celsius Network’s multibillion-dollar lawsuit against Tether can proceed, denying in part Tether’s attempt to dismiss claims that it “improperly” liquidated Celsius’s Bitcoin collateral during the crypto…

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US sanctions crypto wallet tied to ransomware, infostealer host

US sanctions crypto wallet tied to ransomware, infostealer host

The US Treasury has sanctioned a crypto wallet containing $350,000 tied to the alleged cybercrime hosting service Aeza Group. The US Treasury has sanctioned the Russia-based Aeza Group, along with its top brass and a crypto wallet connected to the service, for allegedly hosting ransomware and info-stealers.  Aeza Group, a bulletproof hosting (BPH) services provider,…

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FATF’s crypto checklist hints at the next regulatory crackdown

FATF’s crypto checklist hints at the next regulatory crackdown

The FATF is shaping global crypto rules from behind the scenes, with stablecoins and DeFi next in line for scrutiny. Cryptocurrency regulations are increasingly aligning with global standards; 73% of eligible jurisdictions have now passed laws to implement the Financial Action Task Force’s (FATF) Travel Rule. The Travel Rule mandates crypto service providers to collect…

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Malaysian regulator proposes easing crypto asset listing process

Malaysian regulator proposes easing crypto asset listing process

Malaysia’s securities regulator is seeking public feedback on a proposal to allow certain cryptocurrencies to be listed on exchanges without prior approval. The Securities Commission Malaysia (SC) is seeking public feedback on a proposal that would allow cryptocurrency exchanges to list certain digital assets without first obtaining explicit approval from the regulator. According to a…

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