Crypto Bloodbath: Bitcoin Drops 7% to $7,500 as Crypto Market Loses $30 Billion

Over the past 24 hours, the Bitcoin price has dropped by more than 7.5 percent from $8,150 to $7,500, as the crypto market lost $30 billion in one of the steepest drops in the past 30 days. Expected Decline, But Extreme Since July 29, Bitcoin recorded three consecutive sell candles on its one-day chart, demonstrating The post Crypto Bloodbath: Bitcoin Drops 7% to $7,500 as Crypto Market Loses $30 Billion appeared first on CCN

Source: Crypto Bloodbath: Bitcoin Drops 7% to $7,500 as Crypto Market Loses $30 Billion

Malta Stock Exchange Partners With OKEx to Launch Security Tokens Platform

The Maltese government is gradually building a global market for cryptocurrencies as it continues to assert itself as the world’s blockchain island with crypto-friendly regulations . Thanks to such accommodating legislation, cryptocurrency companies like Binance and OKEx have flocked to the country to build out their services.

Source: Malta Stock Exchange Partners With OKEx to Launch Security Tokens Platform

Litecoin’s Charlie Lee Clarifies his Position on Recent Acquisition of Stake in WEG Bank AG

Last week, Litecoin Foundation purchased a 9.9% stake in Germany’s WEG Bank as part of the partnership with TokenPay, a cryptocurrency payments company based in Switzerland. Following the acquisition, Charlie Lee, Litecoin founder, managing director of the Litecoin Foundation, and outstanding media figure, clarified his position on the deal.

Source: Litecoin’s Charlie Lee Clarifies his Position on Recent Acquisition of Stake in WEG Bank AG