Last week, bitcoin and ether prices experienced a downturn, erasing all price gains notched during the weeks-long mini-rally that followed the implementation of the Ethereum blockchain's highly anticipated Shanghai upgrade. However, according to Joe DiPasquale, CEO of BitBull Capital, technical signals found in bitcoin's price chart still look encouraging, and a healthy retest of the support zone between $25K to $27K is a positive sign for continued upward movement. Meanwhile, CoinDesk columnist David Morris suggests that Taylor Swift showed common sense in asking critical questions of FTX during negotiations for a reported $100 million sponsorship deal with the offshore crypto exchange. Even though her question about unregistered securities was unrelated to the risk that ultimately manifested, it was remarkably prescient given the current regulatory crackdowns on crypto exchanges. (Coindesk)
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