Crypto Update | Potential for a Bitcoin ‘Seasonal Surge’ and Nevada Files to Place Prime Trust Into Receivership

CoinDesk
CoinDesk

28 Jun 2023 5:37 PM

Bitcoin continues positive signaling with some analysts predicting a year-end target price of $45k....

  • Nevada has filed to place crypto custodian Prime Trust into receivership.
  • The EU has published a digital euro bill that includes privacy controls and an offline guarantee.
  • Australia is taking action against de-banking of crypto entities and supports policy recommendations to address the issue.
  • Creditors of BlockFi have filed to liquidate the estate, accusing the lender of squandering millions.
  • Bitcoin bulls are preparing for a seasonal surge, according to Matrixport.
  • The price of Brent Crude Oil is provided in the BRN00 market overview on MarketWatch.
  • Bitcoin is maintaining a price of $30K in Asia, as the economy is not yet breaking.

The sentiment of the article is mixed, with positive sentiment regarding Bitcoin bulls preparing for a seasonal surge, but negative sentiment towards the actions taken against Prime Trust, de-banking of crypto entities, and the accusations against BlockFi.

Go to publisher site

You May Ask

What action has Nevada taken regarding crypto custodian Prime Trust?What features are included in the EU's digital euro bill?How is Australia addressing the issue of de-banking of crypto entities?What accusations have been made against BlockFi?What is the current price of Bitcoin in Asia?

Suggested Reads