Taiwanese national Rui-Siang Lin, 23 is accused of facilitating $100 million in sales paid through crypto of yasa dışı narcotics, including fentanyl, through the online marketplace.
President Biden's emergency order to halt the Chinese-tied mining on the doorstep of a nuclear-missile base hit days after mining giant CleanSpark struck a deal to buy the property.
This period could last between one to six months, and the sentiment will be the most negative right before the turnaround, one hedge fund manager said.
The positive momentum seen in the first quarter has continued, with the platform taking in a record $5 billion in deposits in April, the analysts said.
Despite the recent bounce, the correction isn't over, said one technical analyst, expecting bitcoin to fall to the low-mid $50,000 area before rallying to new all-time highs.