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Bitcoin Technical Analysis: BTC Consolidation Signals Range-Bound Activity

Bitcoin is currently priced at $67,350, with a market capitalization of $1.32 trillion and a trading volume of $42.36 billion. The cryptocurrency’s price has fluctuated within the range of $66,665…

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Former Bank CEO Pleads Guilty to Embezzling $47M to Buy Crypto, Leading to Bank Collapse

Former Heartland Tri-State Bank CEO Shan Hanes pleaded guilty on Thursday to embezzling $47.1 million for personal cryptocurrency purchases, leading to the bank’s collapse. From May to July 2023, Hanes…

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Ebury Botnet Expanding: Malware Continues to Steal Cryptocurrency

ESET Research has disclosed that the Ebury botnet, a formidable malware campaign targeting servers, is still active and expanding. Initially recognized for its capability as a server-side backdoor, Ebury has…

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Indian Central Bank RBI Warns Retail Investors of Crypto’s Lack of Accountability and Stability

The Reserve Bank of India (RBI)’s May 2024 bulletin warns retail investors that “the crypto ecosystem lacks accountability and stability and is marked by regulatory ambiguity.” The Indian central bank…

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Former Bitmex CEO Arthur Hayes: A Weak Yen Solution Might Propel Bitcoin to $1 Million

Arthur Hayes, former CEO of Bitmex and current CIO of Maelstrom, has predicted the geopolitical and economic dynamics that will be taken to equilibrate the exchange rate between the U.S.…

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US Lawmakers Pressure SEC to Apply Same Principles for Ethereum as Bitcoin ETFs

Five U.S. representatives have called on the U.S. Securities and Exchange Commission (SEC) and Chair Gary Gensler to ensure a uniform and fair treatment in their review of upcoming ethereum…

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Bitcoin Difficulty Rises 1.48% Reaching 84.38 Trillion at Block 844,704

Bitcoin’s mining difficulty increased by 1.48% at block height 844,704, reaching 84.38 trillion. This adjustment aligns with Bitcoin’s overall hashrate exceeding the 600 exahash per second (EH/s) mark. Bitcoin Network…

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Elusive 2010 Bitcoin Mega Whale Moves 2,000 BTC Worth $138M in Fourth Transfer of 2024

Blockchain data indicates the reappearance of the elusive mega whale from 2010, who expended 2,000 BTC valued at $138 million on May 22, 2024. The large transfer marks the fourth…

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