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Bitcoin Bearish Flag Has Analysts Looking for Crash Lows

Bitcoin has lost about 13% this month and is on track to test support from the lower end of a so-called “bearish flag” technical pattern.

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Tech Rout Could Drag Bitcoin to $30,000, BitMEX Co-Founder Says

Bitcoin’s tendency to move in tandem with technology stocks means the biggest cryptocurrency may slump to $30,000 by June, according to Arthur Hayes, the co-founder of crypto trading platform BitMEX. 

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Bitcoin Mining Giants Eye Middle East, Europe for Expansion

Large-scale Bitcoin miners in the U.S. are looking to Scandinavia, the Middle East and other regions to expand their energy-intensive and lightly regulated industry. 

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Bitcoin Drops Most in a Month as Markets Turn Risk-Averse

Bitcoin fell for a fourth day as expectations for the biggest rise in U.S. interest rates in three decades diminishes demand for riskier assets. 

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SEC’s Gensler Calls for Watchdogs to Collaborate on Crypto Oversight

Securities and Exchange Commission Chair Gary Gensler said his agency and the top U.S. derivatives regulator should work together to rein in cryptocurrency exchanges.  

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Britain announces plans to mint its own NFT as it looks to ‘lead the way’ in crypto

The U.K. government on Monday announced plans to mint its own non-fungible token, as part of a push toward becoming a “world leader” in the cryptocurrency space.

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MicroStrategy Borrows Against Holdings to Buy More Bitcoin

MicroStrategy Inc,., the software company controlled by entrepreneur Michael Saylor that’s made investing in Bitcoin central to its corporate strategy, is borrowing against its digital-asset holdings for the first time to buy more of the cryptocurrency.  

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Bitcoin Rally Stumbles After Failing at Technical Hurdle

Bitcoin is on the back foot after failing to scale its 200-day moving average.

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Bitcoin Takes a Pause From Sharp Recovery Rally as Bulls Regroup

Bitcoin is taking a pause following a sharp rise in recent days that saw it reach its highest levels of the year. 

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Bitcoin Extends Gains to Reach 2022 High of More Than $48,000

Bitcoin’s under-the-radar rally over the last few days has bulls once again eyeing levels the coin hasn’t seen since last year. 

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