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Altcoins a ‘relatively huge’ risk as days of big returns are gone, say analysts

Altcoins have “tactical opportunities” but not the massive gains seen in previous cycles, says 10xResearch head of research Markus Thielen. Source link

Bybit’s Notcoin listing debacle, China firm’s profits up 1100% after crypto buy: Asia Express

Bybit to compensate users after Notcoin listing debacle, China gaming firm’s profits up 1100% after $200M crypto buy, and more: Asia Express. Source link

'Crypto King' Aiden Pleterski faces fraud, money laundering charges

Pleterski and an associate were arrested months after multiple investor complaints and months of police investigation. Source link

Bitcoin moves toward range highs but derivatives traders watch from the sidelines

Bitcoin price showed strength near its medium-term range high but multiple factors are preventing derivatives traders from opening new positions. Source link

Big miners pose a growing existential threat to Bitcoin

As of May, AntPool and Foundry USA controlled more than 50% of Bitcoin’s hash rate. That could become a problem for Bitcoin users in the near future. Source link

Bitwise CIO says BTC ETFs are huge success and 13F filings make him ‘incredibly bullish’

Bitwise CIO Matt Hougan says this week’s 13F filings prove that the spot Bitcoin ETFs were a “huge success.” Source link

French regulator warns investors Bybit provided services ‘illegally’

The Autorité des Marchés Financiers reported Bybit has been blacklisted since May 2022 “for non-compliance with current French regulations.” Source link

Bitcoin ‘could’ consolidate for ‘4 or 5 months,’ but big cup and handle looks promising — Analyst

Analysts say Bitcoin price could range trade for up to 5 months, but longer-term technical and on-chain data continues to point to a 6-figure BTC price target. Source link

US Senate passes resolution overturning SEC crypto rule on banks

U.S. President Joe Biden said he intended to veto the joint resolution aimed at overturning an SEC rule requiring banks to keep customers’ digital assets on its balance sheets. Source link

India’s SEBI recommends local regulators to monitor crypto trading

Documents reveal SEBI’s recommendation for distributed regulatory oversight of cryptocurrencies in India. Source link