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Bitcoin traders ‘under pressure’ after deepest correction since 2022 erases profits

83% of short-term Bitcoin traders saw losses after BTC price recorded its deepest drawdown since 2022. Source link

BitMEX pleads guilty to Bank Secrecy Act violation

BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed pleaded guilty to similar criminal charges in 2022 and received probation. Source link

Crypto payment service Payeer hit with record $10M fine in Lithuania

Payeer was fined approximately $10 million after it allegedly allowed transfers to sanctioned banks. Source link

US lawmakers meet with crypto advocates in DC roundtable

Anita Dunn, a senior adviser to Joe Biden, attended the roundtable in her personal capacity amid reports the US President was considering changing his position on crypto. Source link

Bitcoin price faces major ‘summer of 2021’ style correction despite BTC whale buying

Bitcoin whales have become accumulators again, but analysts say BTC is still at risk of another sharp correction. Source link

Price analysis 7/10: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Bitcoin’s recovery faces selling near $60,000, indicating that bears remain active at higher price levels. Source link

Inside Lugano’s crypto revolution — A documentary

Bitcoin journalist Joe Hall tests Lugano, Switzerland, to see if it truly merits the title of the world’s most crypto-friendly town. Source link

High-conviction Bitcoin traders targeted in new long BTC ETFs

Rex Shares’ new Bitcoin ETFs offer 200% long or short directional exposure to Bitcoin’s price volatility. Source link

Coinbase’s Stand With Crypto initiative to launch in Canada

The group hinted at advocating for crypto regulation in Canada and updating the country’s financial system, as residents had an “appetite” for change. Source link

Bitcoin traders' profit margins repeat 2022 bear market — New research

Bitcoin is exhibiting classic bottoming-out territory when viewed through the lens of unrealized losses, CryptoQuant says. Source link