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Bitcoin falls back below $63,000 as Iran-Israel trade collapses and Korean stocks slump.

Bitcoin BTC$62,799.54 retreated from Sunday’s highs as the renewed military conflict between Iran and Israel sent Asian stocks, including South Korea’s Kospi index, falling sharply. The top cryptocurrency by market value was trading at around $62,900 as of 4:00 UTC, after hitting a high of $63,776 on Sunday evening, according to data source CoinDesk. WTI

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A Quick Review of Ways and Means Tax Bills: State of Crypto

The House Ways and Means Committee has circulated seven bills ahead of this week’s hearing on crypto tax policy, signaling what the industry can expect. You’re reading State of Crypto, a CoinDesk newsletter that examines the intersection of cryptocurrency and government. Click here to subscribe to future editions. The story The House Ways and Means

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Michael Saylor Reignites Bitcoin Buying Speculation as Surveillance Intensifies

Michael Saylor may have given a hint on Strategy (MSTR)’s next move after last week’s bitcoin surprise BTC$62,140.72 sale. On Sunday, the company’s executive chairman released the chart traditionally used to track Strategy’s bitcoin purchases on X, writing: “Good time to add more points.” » Market watchers view the postings as a harbinger of a

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Fears over AI, tech IPOs, quantum and strategy selling are all converging, says NYDIG

Bitcoin BTC$62,087.59 falling below $60,000 to hit a new cycle low left investors searching for someone to blame. According to Greg Cipolaro, global head of research at NYDIG, there probably isn’t just one. In a report last week, he argued that bitcoin and the broader crypto market face several overlapping headwinds weighing on prices. AI

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