Bitcoin Price Prediction: BTC Drops to $62,900 as Market Eyes Upcoming Halving and ETF Approval

In this latest Bitcoin price prediction, the cryptocurrency is trading at $62,900, a slight decrease of around 0.65%. Recent developments, including the conditional approval of Bitcoin and Ether ETFs in Hong Kong and escalating Middle East tensions, influence market dynamics. These factors, coupled with the upcoming halving event, are pivotal in shaping Bitcoin’s short-term financial...

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FTSE 100 Little Changed In Lackluster Trade

U.K. stocks were little changed on Wednesday as investors reassessed the ability of Chinas stimulus to boost demand. The benchmark FTSE 100 was marginally higher at 8,287 after closing up 0.3 percent on Tuesday. Mining stocks traded mixed, while energy giants BP Plc and Shell were down around half a percent each. Property website Rightmove...

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EU Introduces New AML Law: Here’s What it Means to Crypto

The European Union (EU) has formally passed a new anti-money laundering regulation (AMLR), applicable to all crypto-asset service providers (CASPs). The laws would provide more powers to Financial Intelligence Units (FIUs) to detect and combat money laundering and terrorist financing. Per a Wednesday’s announcement, the package of legislations would impact crypto exchanges, brokers, regulated under...

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