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US Regulators Target Bitcoin ATMs: 88% of the Funds Exit the Country via Machines

[sociallocker id="55298"] Bitcoin automated teller machines (BATMs) will become the next target for regulators, as world governments tighten screws on money laundering.According to Ciphertrace CTO John Jeffries, crypto-cash machines will attract “greater…regulatory focus” in a bid to rein-in alleged cross-border illicit financial transfers.Jeffries urged “the need for more uniform

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Flattening Moving Average Puts Bitcoin Price Target at $9K in Q2

The short-term moving average on Bitcoin’s daily chart is flattening out.The phenomenon comes after the cryptocurrency hits the highest level since mid-March sell-off.Coupled with favorable fundamentals, such as halving, the MA indicates an extended bull run towards or beyond $9,000.A lagging technical indicator that determines bitcoin’s near-term market bias has

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