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#Chinese public company sells their entire business for $350 Million $ to only buy #Bitcoin 🚀💰 $BTC $PI $XRP

⚡️ Bitcoin's hashrate surpassed 1 zetahash for the first time ever earlier this week. This means that, in aggregate, miners around the world produced 10^21 hashes per second for a period of time. 1 sextillion hashes. 1,000,000,000,000,000,000,000 #BTC #Bitcoin

In a surprising turn of events for the cryptocurrency world, the trial of Do Kwon, the controversial co-founder of Terraform Labs, is set to proceed as planned. This development comes even after the U.S. Department of Justice (DoJ) recently disbanded its cryptocurrency investigation unit, raising eyebrows and sparking questions across the digital asset landscape. Are you wondering how this disbandment impacts ongoing crypto crime cases? Let’s dive into the details and uncover what this means for Do Kwon and the broader crypto regulatory environment. The news of the DoJ dismantling its National Cryptocurrency Enforcement Team (NCET) sent ripples through the crypto community. Many speculated about a potential softening stance on cryptocurrency regulation and enforcement. However, the prosecution in the Do Kwon case has clarified that this organizational change will not derail the legal proceedings. CoinDesk’s report highlighted the prosecution’s firm stance: the charges against Do Kwon are fundamentally rooted in fraud and conspiracy to commit fraud. This distinction is crucial. Here’s a breakdown of why Do Kwon’s case is proceeding unaffected: On April 7th, the DoJ made a significant announcement. It wasn’t just the disbandment of the NCET; it was also the formalization of new guidelines concerning cryptocurrency industry personnel. These guidelines indicate a move away from holding individuals legally accountable under federal securities and commodities laws for certain violations. But what does this mean for the future of crypto investigations and enforcement? Let’s analyze the key takeaways from the DoJ’s announcement: The ongoing legal battle against Do Kwon serves as a critical case study in the realm of cryptocurrency accountability. The fraud charges leveled against him and Terraform Labs are not trivial. They represent a significant effort to address alleged misconduct that had widespread financial repercussions across the crypto market. What are the key elements of these fraud charges? The prosecution is likely focusing on demonstrating: The outcome of the Do Kwon trial could set a precedent for future fraud charges in the cryptocurrency space, clarifying the boundaries of acceptable conduct and the consequences of crossing those lines. The actions of the DoJ, particularly the disbandment of the NCET, prompt reflection on the government’s evolving strategies for cryptocurrency regulation and enforcement. Is this a retreat, a strategic realignment, or something else entirely? Several interpretations are possible: The saga of Terraform Labs and its dramatic downfall serves as a stark reminder of the risks and vulnerabilities inherent in the cryptocurrency market. Regardless of the legal outcomes for Do Kwon, the Terraform Labs episode has already left an indelible mark. What crucial lessons can the crypto industry learn from this? Key takeaways include: Despite shifts in organizational structures within the DoJ and evolving regulatory approaches, the message is clear: the pursuit of justice in the cryptocurrency space remains unwavering, particularly when it comes to allegations of significant fraud. Do Kwon’s trial proceeding as scheduled underscores this commitment. The crypto industry, while innovative and transformative, is not immune to the rule of law. As the legal proceedings unfold, the world will be watching closely, seeking clarity on accountability and the future landscape of cryptocurrency regulation and enforcement. This case is a powerful signal that while the crypto world operates at lightning speed, traditional legal principles of fraud and accountability remain steadfast. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Bitcoin is positioned at $77,038 while trying to navigate the lower part of its established price zone amid ongoing market falls. Due to rising interest rates, inflation, and weak stock performance, the bearish sentiment in the digital currency market is growing. emergency

### Bitcoin (BTC) 24-Hour Price Prediction (as of April 11, 2025) #### **Key Forecasts and Analysis** 1. **Price Range Predictions** - **Traders Union**: Forecasts a daily low of **$75,242** and high of **$78,615**, averaging around **$76,928** . - **CoinLore**: Predicts a rise to **$80,764** (1.11% gain) by April 11, with resistance at **$81,374** and support at **$78,446** . - **30Rates**: Projects a much higher range of **$83,169–$95,689**, averaging **$89,429**, though this appears optimistic compared to other sources . 2. **Technical Indicators** - **Resistance/Support**: Immediate resistance is at **$81,374**, while critical support lies at **$78,446**. A break above resistance could target **$85,188**, whereas a drop below support might push prices toward **$73,000** . - **RSI (14-Day)**: Neutral at **38.31**, indicating neither overbought nor oversold conditions . - **Moving Averages**: BTC is trading below key EMAs (e.g., EMA 50: **$85,523**), signaling short-term bearish momentum . 3. **Market Sentiment** - **Bearish Signals**: 12 out of 17 technical indicators on CoinLore suggest selling pressure . CoinCodex also notes a "bearish" sentiment, with BTC below both 50-day and 200-day SMAs . - **Volatility**: High volatility is expected due to macroeconomic factors (e.g., U.S. tariff policy shifts) and Bitcoin’s inherent price swings . $BTC $BTC 4. **Key Drivers to Watch** - **Macro News**: Recent U.S. tariff pauses and geopolitical events could influence crypto market liquidity . - **Historical Trends**: April has historically shown mixed performance for Bitcoin, with 7 out of 13 years ending higher . $BTC 5. **Contrasting Long-Term Context** While short-term forecasts vary, long-term predictions remain bullish (e.g., **$221,485 by 2025** , **$324,022 by 2030** ). However, these are speculative and not directly relevant to the 24-hour window. $BTC #### **Summary** The next 24 hours for Bitcoin are marked by uncertainty, with predictions ranging from **$75,242** to **$95,689**. Key levels to monitor include **$78,446** (support) and **$81,374** (resistance). Traders should watch for breaks beyond these thresholds and consider risk management tools like stop-loss orders due to high volatility . $BTC