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.
The Headlines
Iranian Lawmaker Tells Central Bank to Focus on Crypto
Hainan Development Plans Includes Blockchain
Settlement Reached in Tezos Securities Case
Initial Report Suggests DOT, TRX and CKB Could be Securities
Organization Formed to Standardize Global Token-Powered Ecosystems
New Hourly BTC Benchmark Index Introduced
Oil-Water Blockchain Platform Shows Promising Results
Market Data
$1.4 billion Stolen Through Crypto Activity in 2020
Russia Continues to Lead Global Activity on LocalBitcoins
>89% of All BTC is in the Money
Bitcoin and Gold Showing Increasing Correlation
Exchange, Custody and Product News
Coinbase Cuts USDC Yield
Fireblocks Launches Asset Transfer Network
Kraken Releases Mobile Phones and WiFi Security Guides
Reports you may have missed
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