Dear Member, The crypto market hit fresh lows today, with bitcoin dropping as low as $4,400. The latest reason cited for the drop is a Department of Justice probe into whether tether, the dollar-backed stablecoin created by Bitfinex, was used to boost the price of bitcoin higher last year.
China has a complicated relationship with crypto. The Chinese government continues to promote the use and development of blockchain, but crypto trading is still banned in mainland China.…
Crypto Market Musings It’s been a relatively calm week for crypto. Bitcoin is up 1.73% over the last seven days as of this writing. Ethereum is up 3.54%…