Don't waste time reading a bunch of irrelevant content. We sel | Scalptech: Crypto Signals by BTCMachine & Autobots

Don't waste time reading a bunch of irrelevant content. We select the top news in the Crypto World for you

June 7, 2022


THE NEWS

BULLISH - CNBC
US Senators introduced the first major bipartisan legislation aimed at taming the “Wild West” crypto market on Tuesday that would classify digital assets as commodities like wheat or oil and empower the Commodity Futures Trading Commission to rein in the nascent industry.


BULLISH - Bitcoin Archive @BTC_Archive
Bitcoin transactions under $200 will be tax-free under new US Senate bill, making it more practical as a currency.


BEARISH - BLOCK WORKS
Binance Under SEC Investigation Over its 2017 ICO Listing. The investigation comes amid a separate report by Reuters alleging Binance facilitated $2.35 billion in illicit funds between 2017 and 2020.


BULLISH - BLOCK WORKS
52% of well-to-do Asian investors held digital assets, — including cryptocurrencies, tokenized assets, and crypto funds. The study found digital assets make up 7% of these investors’ portfolios, making it the fifth-largest asset class in Asia.



PRICE ANALYZES

BEARISH - COINDESK
"The market dynamics this Tuesday morning are a reminder that the market cannot now rally again as it did in 2020," Alex Kuptsikevich, senior market analyst at FxPro, wrote in an email. "In our view, the bitcoin bear market is not over yet."


BEARISH - il Capo Of Crypto @CryptoCapo_
BTC Clean range. What is happening inside the range and what has happened at the range high, shows that this is clear redistribution range. Clean break of the range low = last leg down confirmed = 21k-23k [IMAGE]


NEUTRAL - Plan @TheRealPlanC
Bitcoin has cried wolf so many times over the last few months on these fake moves up, it is going to take one hell of a breakout to convince people at this point. A huge percentage of people will not believe the, "real" move when it actually comes.