US Treasury Secretary Scott Bessent said the US has seized roughly $1 billion in Iranian crypto assets, double the figure disclosed in late April.
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Swan Bitcoin CEO Cory Klippsten said it is important to pay attention to retail sentiment around Bitcoin, as ownership is still far from concentrated and “it’s not like Blackrock owns the Bitcoin.”
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Over $500 million in Bitcoin bids now sit near $70,000, while options traders and futures positions converge around the same level.
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