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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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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