Cryptocurrency market cap sheds billions
In a rough turn of events, the cryptocurrency market went through a severe plunge. When the dust settled, roughly $190 billion worth of market cap was wiped out. Bitcoin and other tokens have suffered significant losses.
Belarus legalizes cryptocurrency
Belarus has legalized the cryptocurrency industry. President Alexandar Lukashenko has signed a decree that will make all the cryptocurrency transactions tax-free for the next five years. Belarus will become a tempting location to mine and control cryptocurrencies with these latest provisions.
Goldman Sachs prepares to launch a bitcoin trading platform.
With Goldman Sachs setting up a trading market for bitcoin, Wall Street finally seems to be welcoming digital currencies. The multinational finance firm will launch the trading desk by the end of June 2018, as reported by Bloomberg.
Someone has bet $1 million on bitcoin for December 2018
Bitcoin futures is a new derivative-based technique to trade bitcoin based on future estimations. Following the release of bitcoin futures, someone has bet $1 million that bitcoin cash will reach a value of $50,000 by December, 2018.
