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Up and Down Again: BTC Price Goes Up But Not For Long
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Up and Down Again: BTC Price Goes Up But Not For Long
Japanese online brokerage firm Monex prepares to make a bid for Coincheck, a cryptocurrency exchange, that at the beginning of the year was hacked by high-profile scammers, according to the Nikkei Asian Review. It facilitated a rapid growth of Bitcoin price to $7,400.
"It's a massive confidence boost; you now have a regulated public company in Japan buying into a crypto exchange," Brian Kelly, founder and CEO of BK Capital Management, said. "This puts a stamp of approval, and Japan is a huge driver of this market."
Read more: https://coinidol.com/btc-price-goes-up-but-not-for-long/
"It's a massive confidence boost; you now have a regulated public company in Japan buying into a crypto exchange," Brian Kelly, founder and CEO of BK Capital Management, said. "This puts a stamp of approval, and Japan is a huge driver of this market."
Read more: https://coinidol.com/btc-price-goes-up-but-not-for-long/
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