Bitcoin (BTC) Tanks 7% Under $30,000, Risks of Further Correction Still Alive
Bitcoin loses steam once again following a poor show on Wall Street on Monday. Selling pressure comes just ahead of the US releasing its inflation numbers this week ahead.
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Bitcoin loses steam once again following a poor show on Wall Street on Monday. Selling pressure comes just ahead of the US releasing its inflation numbers this week ahead.
Extant laws may not expressly permit law enforcement agencies to seize or do much with stolen crypto assets. However, Japan is set to change all that.
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Bitcoin miner Hive said that it has grown its hashrate by 8% during the month of May and mined 273.4 Bitcoins last month.
With the rising demand for its services, Pintu plans to use the funds to add more tokens to its platform.
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The survey concluded that the Fed’s quantitative tightening used to curtail inflationary threats could be bad for crypto and tech stocks.
Binance US arm, Binance.US, is also under investigation by the SEC. The watchdog wants to ensure that the US business is appropriately operating independently from the crypto company.
Investors in Australia have already lost $81.5 million in crypto scams and $148 million overall, including several other investment scams.
Binance has invested in the PancakeSwap decentralized exchange through its Binance Labs investment arm in a bid to grow global tech adoption.
Bitcoin last traded at these levels on June 1, when it began a downward correction that saw BTC fall from around $32,000 to below $30,000 for the majority of the weekend.
Federal Reserve Governor Christopher Waller has stated that crypto regulation is to protect everyone.
Tron accelerates its plan to collateralize its native USDD stablecoin. Tron will use three separate crypto – Bitcoin, USDT, and TRX – as a way to diversify their reserves.