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Bitcoin price correction ‘very common’ if $56K lows hold — Peter Brandt

Bitcoin bulls see signs of the worst being over as a BTC price bounce gathers pace toward $60,000. Source link

Nasdaq-listed mining firm Stronghold Digital Mining for sale?

Stronghold announced its first quarter results for 2024 and revealed that it is considering a range of options to increase shareholder value, including selling the business. Source link

MoonPay expands crypto options with PayPal integration

MoonPay users in the U.S. can now buy and sell 110 different cryptocurrencies using PayPal transfers via wallet, bank transfers or debit cards. Source link

Stacks active accounts reach record high amid growing interest in Bitcoin DeFi

The growing interest in Runes and Bitcoin DeFi will drive more activity to layer-2 networks, according to Stacks’ product manager. Source link

How to short Bitcoin on Binance and Coinbase

Shorting Bitcoin on Binance and Coinbase is akin to a high-stakes gamble where mastering margin trading and futures contracts is key to tilting the odds in your favor. Source link

Bitcoin post-halving price consolidation could last 2 months — Bitfinex

The Bitcoin halving is widely expected to have a positive impact on the price of the preeminent cryptocurrency, but analysts expect volatile price consolidation in the short term. Source link

Hong Kong Bitcoin ETFs not enough to absorb US ETF selling pressure

Despite the excitement around the Hong Kong ETF debut, the inflows are only a fraction of the outflows from U.S. ETFs. Could the Bitcoin price revisit the $50,000 mark next? Source link

Indian enforcement agency collaborates with Binance to bust scam app

The law enforcement agency managed to track the funds linked to the E-Nugget scam app to different crypto exchanges and, with their help, seized over $10.5 million in crypto assets. Source link

Arkansas bills reining in crypto miners head for governor approval

Arkansas Governor Sarah Huckabee Sanders is expected to sign the bills into law, which will regulate miners’ noise, water use and licensing. Source link

Crypto firms among ‘greatest risks’ for money laundering in 2022-2023: UK govt

Crypto firms, wealth management companies, and retail and wholesale banking remain “particularly vulnerable” to financial crime, according to a U.K. Treasury report. Source link