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Bitcoin Price Risks Further Drop After Close Below $6K
Bitcoin could drop to fresh 2018 lows below $5,755, having closed below the key support of $6,000 yesterday.
Bitcoins technical charts continue to call a drop below $6,000, yet investor activity indicates a corrective rally could be on the cards.
The most popular dapps face unique barriers to full decentralization that dont have much to do with the normal scaling complaints about ethereum.
Bitcoins percentage of the crypto market is up a sign that investors are likely switching their money from alternative cryptocurrencies.
Digital money platform Uphold is looking to become a Finra-registered broker-dealer following a new acquisition, the company says.
After yesterdays drop, bitcoin could fall below the $6,000 mark, but will likely fare better other cryptocurrencies.
Huobi Pro is to stop offering trading services to investors living in Japan, reportedly over its lack of a license in the country.
Koreans have been up in arms on social media ever since two popular South Korean crypto exchanges were hacked only weeks a part from each other.
Currently trading sideways, bitcoin still looks set for a corrective rally as long as prices remain above $6,000.
The recently introduced, and controversial, trans-fee mining revenue model is starting to change the cryptocurrency exchange landscape.
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