I noticed that the RSI of $BTC showed a bullish divergence, echoing the 2022 rally. The indicator moved from -15 to +12 points, suggesting a potential upside of 8 to 12% over the next two weeks. ๐
In Asia, Thailand is drafting rules for ETFs that could allow Bitcoin and Ether funds to reach the market by Q4, while Standard Chartered has become the first bank to distribute a Hong Kong dollar stablecoin, expanding its on-chain reach. ๐น๐ญ
Galaxy reported a loss tied to a Coldcard hack of 1,789 BTC, but 87% of the assets remain intact, and a corporate executive is now facing up to 280 years in prison for a $24 million Ponzi scheme, highlighting regulatory risk.
$TAC $ONG
In Asia, Thailand is drafting rules for ETFs that could allow Bitcoin and Ether funds to reach the market by Q4, while Standard Chartered has become the first bank to distribute a Hong Kong dollar stablecoin, expanding its on-chain reach. ๐น๐ญ
Galaxy reported a loss tied to a Coldcard hack of 1,789 BTC, but 87% of the assets remain intact, and a corporate executive is now facing up to 280 years in prison for a $24 million Ponzi scheme, highlighting regulatory risk.
$TAC $ONG
