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Bitcoin braces for Fed's Powell as trader says $65K key BTC price level

BTC price volatility continues within a narrow range — but some BTC price data shows the path toward all-time highs. Source link

Tornado Cash developer guilty of money laundering

Pertsev has been under arrest in the Netherlands since August 2022, after the United States government blacklisted Tornado Cash. Source link

Vitalik Buterin proposes Ethereum gas model overhaul

Ethereum-based transactions currently have two gas fees: one for transaction execution and another for storing data. Source link

Bitcoin hash rate dips as miners turn off unprofitable ASICs post-halving

Despite the recent block reward halving, only the profitability of Bitcoin miners with less efficient mining rigs is endangered, according to Terawulf’s Nazar Khan. Source link

Tether freezes $5.2 million in USDT linked to phishing scams

Since its inception, Tether has frozen over $1 billion worth of assets linked to illicit activities on demand from law enforcement agencies. Source link

Bitcoin 'guardrail' gets stronger at $60K as bulls brace for macro data

BTC price moves become increasingly erratic in the hours leading up to a slew of U.S. macroeconomic data prints after Bitcoin bulls fail to flip $63,000. Source link

Biden orders removal of Chinese-owned crypto miner near missile base

Entities owned by Chinese nationals “might take action that threatens to impair the national security of the United States,” said President Biden. Source link

Coinbase website down as crypto exchange cites ‘system-wide outage’

Crypto exchange Coinbase has suffered a ‘system wide’ outage, rendering platform unusable. Source link

New daily Runes etched on Bitcoin falls 99% from post-halving peak

Only 157 new Runes were etched on Bitcoin on May 13, which contributed to just $3,835 in transaction fees paid to Bitcoin miners. Source link

Historical cycle data suggests Bitcoin has left the ‘danger zone’ — Analyst

Following a 23% correction, Bitcoin may have just entered a post-halving reaccumulation zone, according to one analyst. Source link