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Police raids in China to stem billions of dollars in illicit foreign-exchange transactions have highlighted the continuing use of cryptocurrencies there despite Beijing’s prohibition of digital-asset trading. Alleged cases involving crypto flagged in May alone include an underground bank tied to 13.8 billion yuan ($1.9 billion) of illegal transfers, a gang ...
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Bitcoin is quietly copying a key feature from the 2016 bull market which kicks in at $75,000. In a post on X (formerly Twitter) on May 24, popular trader Jelle eyed what could become the next “main breakout” for BTC price action. Bitcoin analysis often points to similarities between the current bull cycle and those gone by — notably the two most recent: ...