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Bitcoin price started a fresh decline below the $73,800 zone. BTC is consolidating and might continue to move down if it dips below $72,500. Bitcoin failed to stay above $74,200 and extended losses. The price is trading below $73,800 and the 100 hourly simple moving average. There was a break below a rising channel with support at $73,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $74,200 and $74,500 levels. Bitcoin Price Turns Red Bitcoin price failed to stay above the $75,000 support zone. BTC remained in a bearish zone and extended losses below the $74,500 level. There was a move below the $74,000 level. The price even dipped below $73,000. A low was formed at $72,470 and the price recently a...

The DOJ’s record bitcoin forfeiture case has renewed scrutiny of global scam compounds tied to crypto fraud, trafficking, and organized crime. Authorities sought forfeiture of 127,271 BTC, worth about $15 billion. Record Bitcoin Case Puts Global Scam Compounds Back in Focus The U.S. Department of Justice (DOJ)’s record bitcoin forfeiture case has returned to focus […]

China's tightened oversight on outbound investments may redirect capital back to domestic markets, impacting global tech investment dynamics.
The post China’s State Council tightens oversight of outbound technology investments starting July 1 appeared first on Crypto Briefing.

Heightened regional tensions from Israel's actions in Lebanon may hinder diplomatic efforts, complicating peace prospects with Iran.
The post Israel expands military actions in Lebanon, impacting Iran peace deal prospects appeared first on Crypto Briefing.

The closure of this loophole underscores the intensifying US-China tech rivalry, potentially accelerating China's push for self-reliance in chip technology.
The post US Commerce Department closes loophole on Nvidia chip exports to China appeared first on Crypto Briefing.

Turkey’s crypto market has become the region’s largest, with roughly $200 billion in transaction volume over the past year. Ripple executive Reece Merrick described Turkey as a leading crypto adoption market as Istanbul prepares to host a major blockchain event. Turkey’s Crypto Adoption Surge Signals a Larger Regional Shift Ripple Senior Executive Officer and Managing […]

The Fed's stress test overhaul aims to enhance transparency and resilience, potentially stabilizing investor confidence amid legal scrutiny.
The post Jay Powell warns the Federal Reserve is undergoing a stress test appeared first on Crypto Briefing.

The deepened conflict may hinder peace efforts and withdrawal plans, while international condemnation could shape future diplomatic dynamics.
The post Israel deepens Lebanon incursion, captures Beaufort Castle appeared first on Crypto Briefing.

Vast's rapid rise highlights China's competitive AI landscape, emphasizing the growing importance of AI innovation in global tech markets.
The post Vast raises nearly $200M to become China’s latest AI unicorn appeared first on Crypto Briefing.