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Bitcoin levels to watch as BTC price eyes highest weekly close in 9 months

Bitcoin (BTC) approached a key weekly close on March 19 with traders concerned about a retest of lower levels.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin bulls must "step in" to protect $26,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $27,000 on Bitstamp.After briefly tapping $28,000 into the weekend,

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Bank of England Shuts Down Silicon Valley Bank’s UK Branch After US Regulators Close Parent Company – Bitcoin News

After U.S. regulators shut down Silicon Valley Bank (SVB) on Friday, the Bank of England has closed the company’s U.K.-based arm. The central bank explained that it intends to place the subsidiary into bank insolvency procedures. Fallout From SVB Failure Prompts BOE to Close U.K. Branch The ripple effect of the 16th

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US Regulators Close Silicon Valley Bank in One of the Largest Bank Failures Since Washington Mutual – Bitcoin News

After Silicon Valley Bank (SVB) experienced financial turmoil, the U.S. Federal Deposit Insurance Corporation (FDIC) and the California Department of Financial Protection and Innovation closed the financial institution. Insured depositors can withdraw their funds on Monday after the FDIC took over the failed bank. Federally Insured Depositors to Withdraw Funds on

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Biden Budget Plan Would Close Crypto Tax Loss Harvesting Loophole

The president's team has already passed one crypto tax-related piece of legislation into law; in 2021, the Bipartisan Infrastructure Framework, which later became the Infrastructure Investment and Jobs Act, included a controversial tax provision that would impose certain reporting rules onto brokers facilitating crypto transactions. The definition of "broker" was

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Bitcoin price faces ‘last stand’ as weekly close threatens $22K retest

Bitcoin (BTC) stayed near key support on March 5 as the weekly candle close brought fresh fears of a breakdown.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst warns over fate of $20,000Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it continued to move in a tight range over the weekend.The

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BTC price needs to close February above 50-month trend line — analysis

Bitcoin (BTC) faced a showdown with a key trend line on Feb. 28 as the monthly close finally arrived.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin "doesn't feel bullish" into February closeData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling an area around $23,500 at the Wall Street open.With United

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Bitcoin price eyes $24K retest as US dollar dives into monthly close

Bitcoin (BTC) headed toward $24,000 at the Feb. 27 Wall Street open as a strong weekly close translated into further gains.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin gains $1,000 versus weekend lowsData from Cointelegraph Markets Pro and TradingView showed BTC/USD rebounding in line with United States equities futures.The pair had

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