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Blocksmith Says: ETH to Outperform BTC

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Simple uncluttered note today while we wait for crypto’s absolute price to settle and show us what its made of.. On 24 June the Ethereum-Bitcoin spread broke out from its April down channel. As a matter of fact it also jumped free of a longer shallower channel going back to December 2021.

Not only that but the hard news driven real down gap of 13 June has now been closed and we have seen a very constructive bullish divergence sequence in RSI.

Preferred view is for Ethereum to continue outperforming.

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Hong Kong Cracks Down on Worldcoin's Data Collection Practices

Hong Kong Cracks Down on Worldcoin's Data Collection Practices

Authorities found that Worldcoin failed to adequately inform users about the collection of their personal data and did not obtain their informed consent. Worldcoin also retained user data for extended periods beyond what was necessary and did not provide a Chinese translation of its privacy policy.