Crypto Lender Hodlnaut Pauses Withdrawals As U.S. Blacklists Tornado Cash

The hits keep on coming for the crypto market as the bitcoin price tumbled back below $24,000. Crypto analyst Will Clemente suggested that bitcoin could consolidate at around $23,000 or below for multiple days, causing it to print a lower-high as it failed to reach its previous high of $24,700. He drew attention to Coinbase’s orderbook, which shows bitcoin bids stacked from $17,000 to $10,000, demonstrating significant demand from investors who want to buy the cryptocurrency at lower prices. In an email on Tuesday morning, GlobalBlock noted that the last time the crypto exchange’s orderbook wa…