The Cardano Foundation has canceled its October summit after a proposal 
seeking 7.8 million ADA, worth about $1.84 million, failed to secure the two- 
thirds approval required from the network&#8217;s governance community. In a 
statement posted on X after voting closed…

The Cardano Foundation has canceled its October summit after a proposal seeking 7.8 million ADA, worth about $1.84 million, failed to secure the two- thirds approval required from the network&#8217;s governance community. In a statement posted on X after voting closed…

Cardano Summit canceled after 7.8M ADA treasury proposal falls short

The scrutiny over Nvidia&#8217;s deal highlights potential risks in financial 
engineering, impacting investor trust and retiree security.
The post Nvidia faces scrutiny over $5.4B GPU sale to Valor amid Burry&#8217;s 
claims of round-tripped capital appeared first on Crypto Briefing.

The scrutiny over Nvidia&#8217;s deal highlights potential risks in financial engineering, impacting investor trust and retiree security. The post Nvidia faces scrutiny over $5.4B GPU sale to Valor amid Burry&#8217;s claims of round-tripped capital appeared first on Crypto Briefing.

Nvidia faces scrutiny over $5.4B GPU sale to Valor amid Burry’s claims of round-tripped capital

The rebalancing highlights China&#8217;s strategic sector focus, potentially 
increasing volatility and influencing global investment patterns.
The post China index rebalancing to trigger $48B in passive flows by June 12 
appeared first on Crypto Briefing.

The rebalancing highlights China&#8217;s strategic sector focus, potentially increasing volatility and influencing global investment patterns. The post China index rebalancing to trigger $48B in passive flows by June 12 appeared first on Crypto Briefing.

China index rebalancing to trigger $48B in passive flows by June 12

Sui says a major upgrade fixed bugs behind three outages that halted mainnet 
activity for over 15 hours while user funds stayed safe Monday.

Sui says a major upgrade fixed bugs behind three outages that halted mainnet activity for over 15 hours while user funds stayed safe Monday.

Sui’s 1.72 bugs caused three outages before foundation rolled out major fix

Strategy has signaled another Bitcoin purchase while seeking shareholder 
approval for a proposal that would allow more frequent dividend payments on 
its STRC preferred stock. According to a Sunday post from Strategy chairman 
Michael Saylor, the company appears set to…

Strategy has signaled another Bitcoin purchase while seeking shareholder approval for a proposal that would allow more frequent dividend payments on its STRC preferred stock. According to a Sunday post from Strategy chairman Michael Saylor, the company appears set to…

Michael Saylor hints at new Bitcoin purchase as STRC dividend vote nears

BNB’s growth trajectory over the years has reflected the performance of the 
Binance crypto exchange, rising as the exchange grew. This has propelled it to 
become one of the largest cryptocurrencies by market cap, and with the market 
picking up again, expectations for where the BNB price might end up have begun 
to rear their heads again. BNB Bullish Triggers Are Lining up Again Crypto 
analyst Melikatrader94 on the TradingView website has outlined a trading plan 
for BNB, showing that the bullish factors are beginning to align one more. The 
first instance of this is the fact that BNB has formed a clear double bottom 
on the daily chart. Related Reading: Why The Bitcoin Price Won’t Hit $100,000 
Again This Year Historically, a double bottom formation on the daily chart 
means that there is a trad reversal coming. Given that the trend at the time 
of the formation was bearish, it means a turn for the bulls. This is evident 
in the performance of BNB over the last week, as it has begun to rise rapidly 
again. The crypto analyst highlighted that the first resistance at the 
neckline lay between $680 and $690, and the performance of the last week has 
seen the price beat this resistance. This puts the price on the next level 
toward its true target. How High Can The Price Go? After the break above the 
neckline resistance, the crypto analyst says that this provides confirmation 
of the double bottom breakout. As a result, they say that it is better to wait 
for the BNB price to retest this resistance, which would then provide 
confirmation for the uptrend. Related Reading: The Bitcoin ‘Dream Entry’ To 
Wait For Before The Run-Up To $300,000 Once this breakout pattern is fully 
confirmed, then the crypto analyst puts the BNB price at $780. This would 
confirm the climb that began last week and carried through the weekend. If the 
momentum is maintained, then it is possible that BNB would continue to push 
for even higher prices above this target, possibly hitting $1,000 in an 
optimistic scenario. Other factors that contribute to the bullish case are the 
fact that the BNB RSI is printing higher lows. As the post explains, &#8220;Adding 
to the bullish case, RSI continues to print higher lows, highlighting 
strengthening momentum and growing buyer participation despite recent 
consolidation.” Featured image from Dall.E, chart from TradingView.com

BNB’s growth trajectory over the years has reflected the performance of the Binance crypto exchange, rising as the exchange grew. This has propelled it to become one of the largest cryptocurrencies by market cap, and with the market picking up again, expectations for where the BNB price might end up have begun to rear their &#8230;

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