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Japan Regulator Surprises Crypto Exchanges with Sudden On-Site Inspections

Japan’s Financial Services Agency (FSA) has reportedly carried out unscheduled onsite inspections at cryptocurrency exchanges Huobi Japan and Fisco Digital Asset Group(FDAG).According to Reuters, the inspection is taking place so that the regulatory body can find out if the exchanges have been taking adequate steps to protect their customers, as

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Bitcoin Moves Past $5,000 Mark as Mystery Whale(s) Cause Sudden Rally: BTCManager’s Week in Review April 8, 2019

The price of bitcoin rallied by over 25 percent week-on-week thanks to a hefty price jump on April 2, 2019, which some believe was caused by algorithmic trading hedge funds while others think it was the work of a single buyer.  This week in crypto: 1. One buyer pushes BTC over $5k2.

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Experts explain Bitcoin’s sudden drop this week

Earlier this week, Bitcoin experienced a sudden drop in price that ultimately affected other market-wide cryptocurrencies, and experts were unsure about the cause.Now, ThinkMarkets chief specialist Naeem Aslam said speculators have only strengthened Bitcoin’s downward trend by overselling it in global markets. Additionally, Bitcoin’s downward trend should come as no surprise, because

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