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Here is why Bitcoin price gave back all its intraday gains

BTC price retraced the entirety of its intraday gains after Fed chair Jerome Powell issued hawkish statements in relation to today’s 0.50% interest rate hike.

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Russia Cracking Down on Crypto Miners Minting in Residential Areas

Russian authorities are now prosecuting miners extracting cryptocurrency using subsidized electricity for the population, according to a top official from the energy ministry. Power utilities are detecting their increased consumption…

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