Here’s What Needs To Happen for Bitcoin To Reverse Course, According to Top Crypto Analyst

A widely followed crypto trader is predicting what must take place for leading digital asset Bitcoin (BTC) to flip bullish.

Polygon price jumps 60% in four days amid 'pretty big' MATIC accumulation

MATIC price now eyes a 20% price rally as it undergoes an inverse head and shoulders breakout. Polygon (MATIC) took a break from its prevailing bearish course, posting one of sharpest rebound in the crypto market this week.Notably, MATIC's price has risen to $0.50 this June 23, four days after hitting $0.317, its lowest level since April 2021.

HM Treasury changes course on collecting data around unhosted crypto wallets

“There is not good evidence that unhosted wallets present a disproportionate risk of being used in illicit finance,” said the Treasury update. The government of the United Kingdom said it intends to modify a proposal that would have required crypto firms to collect personal data from individuals holding unhosted wallets that were the recipients of digital asset transfers.In its Amendments to the Money Laundering, Terrorist Financing and Transfer of Funds updated on Wene, HM Treasury said it will be scaling back its requirements for gathering data from both the senders and recipients of crypto sent to unhosted wallets, unless the transaction poses “an elevated risk of illicit finance.” The UK government added that unhosted wallets could be used for a variety of legitimate purposes, including asan additional layer of protection as is sometimes the case for cold wallets.“There is not good evidence that unhosted wallets present a disproportionate risk of being used in illicit finance,” said the HM Treasury report.

Macro Guru Lyn Alden Says Only Bitcoin Can Solve Global Monetary Problems – Here’s Why

Macro strategist Lyn Alden is giving her followers a BTC crash course, shedding light on the blockchain’s potential to shape the future.

Turing College Receives Tezos Foundation Grant to Help Developers Enter the Web3 Ecosystem

Turing College (YC W21), an online school for web2 developers, announced it is collaborating with the Tezos Foundation to create courses focused on simplifying developers transition from web2 to web3 The Tezos Foundation provided a grant to create a one to two month specialization course on Tezos smart contracts development, featuring practical capstone projects on smart contracts, NFTs and DeFi.

Jack Dorsey and JAY-Z Launch Bitcoin Education Course in Brooklyn, New York

The course will provide free Bitcoin education, data plans, and smartphones to help residents access the Bitcoin network.

Cardano [ADA] climbs, but will that make investors happy this time

Cardano is turning around its course of action after losing 85% of its value.

Stocks surge, altcoins give back their gains and dollar strength may push Bitcoin lower

This week major cryptocurrencies reversed course after rallying, stocks struggled to maintain gains and a strengthening dollar could continue to weigh on BTC price.

Shiba Inu: Having run its course, are SHIB's days numbered going forward

With Ryoshi gone, the Shiba Inu army almost delved into a panic before Shytoshi put out a goodbye post. But amidst all these crazy names and fan clubs, SHIB as an asset is fluctuating in a tug of wThe post Shiba Inu: Having run its course, are SHIB's days numbered going forward appeared first on AMBCrypto.

'Mega bullish signal' or 'real breakdown?' 5 things to know in Bitcoin this week

A bullish reversal into the new week rapidly gains attention but sober analysts predict that this is just another relief bounce. Bitcoin (BTC) is bouncing back this week as a sudden surge challenges weekly highs.In what should provide some desperately needed confidence to bulls, BTC/USD is back at weekly highs on May 30, gaining several percent overnight.In contrast to recent weekly closes, the May 29 candle managed to limit downside and reverse course immediately as the new week began.Nonetheless, Bitcoin has now sealed nine red weekly candles in a row, something never seen before in its history.Just how bearish is the largest cryptocurrency going into June? The macro environment remains troubled, retail interest is nowhere to be seen and calls for a deeper capitulation remain.

SAND traders should follow this course of action to avoid losses

The buyers have finally clinched a string of higher troughs for over two weeks for the first time in two months on the 4-hour timeframe.

Swinburne Uni brings Web3 firms to class

The industry will be able to “tap into future talent” as the partnership sees Judo Bank and Web3 firm Banxa and co-creating content, hosting lectures, providing case studies and even giving students access to their networks. Australia’s Swinburne University of Technology has partnered with two financial technology firms which will provide its students exposure to the financial technology and cryptocurrency business world.The partnership is between Swinburne and small business loan provider Judo Bank along with Banxa, a payment service provider with a fiat to crypto platform whose clients include Binance, KuCoin, and Trezor amongst others.Students of the university’s Master of Financial Technology (FinTech) course will be “exposed to real life examples and cases across the spectrum of financial services,” Dr Dimitrios Salampasis Swinburne’s Director of the Master of FinTech told Cointelegraph.Dr Salampasis said Judo Bank is “one of the most innovative FinTech unicorns, one of the very few unicorns in Australia” while Banxa is a “massively interesting organization” who are “very serious in the job that they do in the blockchain and the crypto space”.“This space is very new.