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Is the Bitcoin Selloff Finally Slowing Down?
We're all patiently awaiting the next lift off.

Well - there’s no other way to put it.
It’s been a rough weekend for everyone’s crypto portfolio. Let’s see if this current bounce has any staying power.
Despite Bitcoin's recent nosedive and the market's pervasive gloom, veteran trader Peter Brandt sees a glimmer of opportunity highlighted by a technical signal he dubs the "foot shot pattern."
This contrarian stance stands out in a sea of bearish sentiment - is he right?
Let's dive in!

Brandt highlights a potential short-term buying signal for Bitcoin despite current market jitters. — Read More
Crypto bettors now back Biden for the Democratic nomination, with Harris' odds falling. — Read More
The Bankman-Fried family has been implicated in a $100 million political donation scandal involving FTX funds. — Read More
Robinhood moves forward with acquisition of Bitstamp, enhancing its crypto offerings. — Read More
Jump Crypto announces a $1M bug bounty for its new Solana validator client, Firedancer, aiming to enhance network security. — Read More
#BTC is currently below its 200D SMA, with a local low on July 5th. I think the answer to what happens in Q4 this year likely depends on how quickly #BTC can reclaim the 200D SMA.
A thread👇
— Benjamin Cowen (@intocryptoverse)
5:50 PM • Jul 7, 2024



Mt. Gox Bitcoin Disbursement Looms Over Market
Mt. Gox's $8 billion Bitcoin payouts stoke fears of market sell-off and price drops.
Germany Moves $40 Million in Bitcoin Amid Selloff
Germany transfers 700 Bitcoins worth $40.47M amidst a major selloff, sparking price drop concerns.
Metaplanet Buys $2.5M More Bitcoin Despite Price Drop
Japanese firm Metaplanet acquires $2.5M worth of Bitcoin, upping its holdings to 203,734 BTC.
Jack Dorsey Predicts Bitcoin Will Replace US Dollar
Jack Dorsey foresees Bitcoin replacing the US dollar and reaching $1 million.
Give yourself a gift. #Bitcoin
— Michael Saylor⚡️ (@saylor)
12:45 PM • Jul 8, 2024

Grayscale Ethereum Trust Turns Premium
Grayscale Ethereum Trust's premium returns after two years.
Ether Surges Past $3K as Seller Exhaustion Signals Bullish Turn Before ETF Launch
Ether's price rises above $3,000, indicating potential bullish turnaround ahead of spot ETF debut.
BlackRock’s BUIDL amasses $5M in a turbulent week
BlackRock’s Ethereum-based BUIDL fund gains $5M amid market chaos.
Discounts in the Grayscale Ethereum Trust and the Coinbase indicator evaporate as the cryptocurrency bounces off key support, a positive sign for the $ETH bulls. reports @godbole17.
— CoinDesk (@CoinDesk)
10:26 AM • Jul 8, 2024

Bitcoin stalls while SOL, DOT, NEAR, and KAS show potential
Bitcoin's struggle could pave the way for rallies in SOL, DOT, NEAR, and KAS.
Polkadot Eyes Resurgence Amid ETF Rumors and Technical Signals
DOT aims for a comeback driven by ETF rumors, bullish charts, and liquidity support.
LayerZero Gains Bullish Momentum with Potential New Highs
LayerZero (ZRO) is on a strong upward trend, signaling potential for new all-time highs and attracting investor interest.
Justin Sun to Launch Gas-Free Stablecoin by Year-End
Crypto billionaire Justin Sun plans to introduce a gas-free stablecoin on the Tron blockchain by Q4, expanding later to Ethereum and other EVM-compatible chains.
Our team is developing a new solution that enables gas-free stablecoin transfers. In other words, transfers can be made without paying any gas tokens, with the fees being entirely covered by the stablecoins themselves.
— H.E. Justin Sun 孙宇晨 (@justinsuntron)
1:27 PM • Jul 6, 2024

PE Giants Eye Bitcoin Miners for AI Boom
Private equity firms see bitcoin miners as a key resource for AI computing needs, following Core Scientific's 200MW deal.
Bagel Network Teams with Filecoin to Boost Decentralized AI
Bagel Network and Filecoin Foundation partner to make decentralized AI as efficient and cost-effective as centralized AI.

Telegram CEO Hails Hamster Kombat as Fastest-Growing Digital Service
Telegram CEO Durov calls Hamster Kombat the fastest-growing digital service, gaining millions of users daily.
Tap-to-Earn Games: Crypto Craze Dominates Telegram
Tap-to-earn games on Telegram are captivating users and promising crypto airdrops, with millions of players joining the trend.
Web2 Games Seek Web3 Edge to Revive Growth
Traditional gaming industries are adopting web3 strategies to enhance user engagement and revenue.

UK High Court Freezes Craig Wright’s Assets
UK High Court freezes Craig Wright’s assets to help Peter McCormack recover $1.9M in legal fees.
The High Court today handed down a Worldwide freezing order against Craig Wright, in the sum of £1.548m, to support the recovery of my legal fees.
caselaw.nationalarchives.gov.uk/ewhc/kb/2024/1…
— Peter McCormack🏴☠️ (@PeterMcCormack)
12:39 PM • Jul 5, 2024
If Biden Bows Out, Is Gary Gensler Next?
Crypto industry ponders Gary Gensler's fate if Biden exits 2024 race.
US House to Vote on Overturning Biden’s Crypto Veto
Congress will vote this week on whether to override President Biden’s veto of a bill affecting crypto accounting regulations.