BitBull Capital predicts that Bitcoin will retest $30,000 after being in consolidation mode. The crypto industry's lobbying spend is comparatively low and needs to increase. The CSS code provided is for a responsive widget container that displays content cells with values and variations.
The CoinDesk Market Index (CMI) decreased by 1.5%, with Bitcoin and Ethereum also experiencing a decline in their prices. However, gold prices increased slightly and the Treasury Yield 10 Years remained unchanged. Bitcoin and ether have continued to decline in value, but bitcoin has only decreased by 2% over the last 30 days. Tornado Cash's TORN token is recovering after experiencing a drop due to vote fraud.
According to a recent report by Open Secrets, the lobbying spend for the crypto industry has increased in 2022, but it is still relatively small compared to other industries. The report also shows that lobbying by crypto majors has increased during the first quarter of 2023. Investors in the cryptocurrency market are turning to traditional finance for higher yields, causing the market capitalization of tokenized money market funds to approach $500 million. The US sanctions watchdog has accused an Irish national of aiding wealthy Russians in evading sanctions and hiding money in the UAE through a Russia-linked crypto wallet that processed $5 million. Ledger, a French hardware wallet maker, learned that public communication does not work like computer code.
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