Grosscrypto News

Ether treasury Sharplink buys $62.4M of ETH in 3 days

Ether treasury Sharplink buys $62.4M of ETH in 3 days - Latest Cryptocurrency News

Sharplink bought nearly 40,000 ETH last week after an eight-month pause, adding to signs the company has resumed its Ether accumulation strategy.

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Bullish Bitcoin RSI divergence has analysts calling for 2022-style bear market bottom

Bullish Bitcoin RSI divergence has analysts calling for 2022-style bear market bottom - Latest Cryptocurrency News

Bitcoin RSI bullish divergences formed the basis for the new bull case, but some market takes warned that new BTC price lows were still to come.

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Binance booted from EU, EthLabs rises up to save Ethereum: Hodler's Digest June 14-28

Binance booted from EU, EthLabs rises up to save Ethereum: Hodler

BitMine and Joe Lubin back a new non profit called Ethlabs that aims to spur adoption. Binance shutters services in Europe after failing to secure a license.

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BIS warns stablecoins risk fragmenting global financial system

BIS warns stablecoins risk fragmenting global financial system - Latest Cryptocurrency News

The Basel-based institution said that private digital tokens fall short of the requirements for sound money and urged policymakers to accelerate work on tokenized forms of central bank and commercial bank money.

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Will Bitcoin price recover in July?

Will Bitcoin price recover in July?  - Latest Cryptocurrency News

Bitcoin’s past July gains and heavy short bets point to a rally toward $75,000, but a break below key support keeps the risk of $55,000 in play.

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EU watchdog EBA details big crypto fines as landmark laws bite

EU watchdog EBA details big crypto fines as landmark laws bite - Latest Cryptocurrency News

The European Banking Authority laid out a proposed penalty framework on Friday that can strip non-compliant significant token issuers of up to 12.5% of their annual revenue.

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Binance posts over $400M in weekly net outflows as MiCA deadline nears

Binance posts over $400M in weekly net outflows as MiCA deadline nears - Latest Cryptocurrency News

Early exchange flow data show no clear signs of a mass migration from Binance ahead of the EU MiCA transition deadline, despite rivals' efforts to attract users.

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Grayscale's Pandl hopes Strategy sells $3B in Bitcoin to restore confidence

Grayscale

Grayscale's research head Zach Pandl said Strategy should sell $3 billion in Bitcoin to cover its cash obligations, but CryptoQuant argued the company has other ways to support STRC.

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Base says sequencer bug caused back-to-back outages

Base says sequencer bug caused back-to-back outages - Latest Cryptocurrency News

A “race condition” after the system was reset prevented the sequencers from catching up, causing the second outage.

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Bitcoin unspent transaction outputs signal capitulation underway: analyst

Bitcoin unspent transaction outputs signal capitulation underway: analyst - Latest Cryptocurrency News

“These periods have always been profitable for long-term investors,” said CryptoQuant analyst Darkfost.

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