BitDigest June 3 · Issue #671
- Bitcoin pricing slides back to mid $9,000 levels on sales by unknown mining pools
- Iranian lawmaker tells parliament focus on crypto mining is overlooking importance of digital currencies
- Coinbase cuts reward for USDC
Technical Roundup Analysis
TechnicalRoundup believes the recent price movement above $10,000 is bullish fir bitcoin suggesting that resistance has been broken and the market is shifting positively. However, if bitcoin falls from this current mid $9,000 range, the bullish theory will quickly be invalidated.
Crypto Startup School
Two new presentations have been added to Andreessen Horowitz’s Crypto Startup School: Economic Flywheels by A16Z partner Ali Yahya and Incentive Engineering by Arweave CEO Sam Williams.
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