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Former Bitmex CEO Arthur Hayes predicts bitcoin will range-bound trade between $60,000 and $70,000 until August. “The slow addition of billions of dollars of liquidity each month will dampen negative price movement from here on out,” Hayes said, adding that he expects “prices to bottom, chop, and begin a slow grind higher.” Arthur Hayes’ Bitcoin […] Source: https://news.bitcoin.com/former-bitmex-chief-expects-bitcoin-to-trade-within-60k-70k-range-until-august/

Rich Dad Poor Dad author Robert Kiyosaki has cautioned that a crash has begun, highlighting its severity. The famous author also shared his crash survival rules. He urged investors to invest in bitcoin, alongside gold and silver, emphasizing that they are “real money that goes up in value, especially in a market crash.” Robert Kiyosaki’s […] Source: https://news.bitcoin.com/robert-kiyosaki-shares-crash-survival-rules-warns-crash-has-begun-it-will-be-a-bad-one/

Block Inc. has announced its strategy of regularly purchasing bitcoin for its corporate balance sheet via dollar-cost averaging (DCA). The company plans to allocate 10% of its monthly gross profit from bitcoin products towards investments in the cryptocurrency. “We view bitcoin as an instrument of global economic empowerment; it is a way for individuals around […] Source: https://news.bitcoin.com/block-is-buying-bitcoin-every-month-for-its-balance-sheet/

According to the 501(c)(3) public charity Opensats, a nonprofit focused on supporting Bitcoin-related initiatives and efforts that contribute to Bitcoin’s success, Jack Dorsey’s philanthropic endeavor #startsmall has contributed $21 million to the organization. Bitcoin Development Nonprofit Opensats Receives $21M From Dorsey’s #Startsmall On May 3, Opensats disclosed receiving a $21 million contribution from Jack Dorsey’s […] Source: https://news.bitcoin.com/jack-dorsey-backed-initiative-donates-21m-to-bitcoin-nonprofit-opensats-to-bolster-development/

According to a press release from the U.S. Department of Justice, Alexander Vinnik, a former operator of the BTC-e exchange, has admitted to a conspiracy to launder money. This admission of guilt comes over six years following his arrest in Greece on July 25, 2017. BTC-e’s Vinnik Pleads Guilty to Money Laundering The Department of […] Source: https://news.bitcoin.com/btc-e-operator-alexander-vinnik-pleads-guilty-to-money-laundering-charges/

In the wake of the U.S. intensifying its clampdown on privacy-oriented software and Zksnacks closing its coordinated coinjoin service, Edward Snowden, the NSA whistleblower and former contractor, has issued a stern warning to Bitcoin developers. Snowden emphasizes that time is running out for enhancing privacy and insists it must be integrated at the protocol level. […] Source: https://news.bitcoin.com/snowden-issues-final-warning-to-bitcoin-developers-on-privacy-enhancements/