Bitcoin Falls Below $6,800, What Do You Think About Regulations? Ripple Breaking News
Bitcoin briefly fell under 6800 US dollars a day. Before moving back towards bitcoins performance this month Bitcoin climb towards eleven thousand seven hundred US dollars. March 5th before tumbling all the way below nine thousand. On March 9th this month there were a lot of negative reports surrounding cryptocurrency exchanges and concerns that investors could face hefty tax bills from the IRS. Today was definitely the worst day at hand this month Bitcoin currently dominates around 45% of the total crypto market the total cryptocurrency market cap. It's at its lowest level so far this year it dropped below 270 billion today but this time last year was only around 24 billion u.s. Dollars.
Crypto News:
This week cryptocurrency exchange victim or feels that it is partnering up with mobile payment service provider pays to support crypto payments at 6,000 soars in South Korea. This number is expected to increase to 8000 outlets by the end of the year. The official told The Korea Times we will try hard to set up an environment in which cryptocurrencies are used extensively.
London Block Exchange:
London block exchange the UK's only dedicated multi cryptocurrency exchange has added ripples XRP token to its platform.
The exchanges founder and CEO said that as we open our doors to UK crypto enthusiasts were listening and acting on what the community wants. That's an array of good quality coin options to trade all backed by a reliable comprehensive and user-friendly service. The exchange already offers Bitcoin Ethereum Bitcoin cash and Lite coin.
The London block exchange tweeted an interesting post looking at the pros and cons of regulations. The pros include reducing illegal activity giving the space more recognition. So it can be accepted by mainstream society and making sure that the changes are not manipulating or price fixing. Of course, when we hear about regulations people start to panic and this can have a negative impact on prices. It can also raise concerns over her teen innovation but come on let's not forget the regulations are meant to protect investors. Now the post also mentions individuals should have the right to risk their capital and make profits by investing in cryptocurrency.
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