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FinCEN Wants US Citizens to Disclose Offshore Crypto Holdings of $10K+

The Financial Crimes Enforcement Network (FinCEN), the U.S. Treasury Department wing tasked with monitoring potential legal violations of domestic financial laws, wants Americans to report if they have more than $10,000 in cryptocurrencies with foreign financial or virtual asset service providers.FinCEN announced its intention to amend the Bank Secrecy Act’s

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$50k is Bitcoin’s Resistance in 2021, $10k is BTC’s Support – Report

Quick take:Bloomberg’s Crypto Outlook report for December forecasts a $50k resistance level for Bitcoin in 2021This will bring its market cap to $1 Trillion$10k will be Bitcoin’s support next year after serving as a resistance in 2017Bitcoin’s adoption is increasing and thus providing a firmer foundation for BTCBitcoin might stall

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Market Wrap: Bitcoin Bounces to $11.8K; Over 10K BTC Locked in Harvest Finance

Bitcoin traders hit the buy button Monday while a DeFi project gains $135 million in BTC locked since the start of September.Bitcoin (BTC) trading around $11,689 as of 20:00 UTC (4 p.m. ET). Gaining 2.2% over the previous 24 hours.Bitcoin’s 24-hour range: $11,409-$11,839BTC above its 10-day and 50-day moving averages,

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