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On today's episode of Your Daily Crypto News, we look at the sudden drop in the crypto market cap spurred on by Bitcoin dropping about 13%. There are a few bad stories in crypto right now including the CFTC investigating 4 exchanges, CoinRail getting hacked, & possible whale market manipulation. Hodl on folks.
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Links
1:28 CFTC Investigation https://toshitimes.com/bitcoin-futures-price-manipulation-investigation-opens-in-us/
CoinRail Hack: https://techcrunch.com/2018/06/10/korean-crypto-exchange-coinrail-loses-over-40m-in-tokens-following-a-hack/
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Wow I took the sunday off and just spent it with my lady. Came back this morning to see the massive dip.
I have an amazing story for you. i was at a friends birthday on the weekend and i was chatting to a friend I know has Bitcoin about Steem. So he was paid in Bitcoin by a client a few years ago when his client couldn't pay with normal money. So he got paid back then in what was worth $2000 worth of Bitcoin he sat on it and when it spiked before the big crash he was one of the lucky ones who cashed out just in time. He mad a killing and from this he has started investing into the smaller cryptos with this profit. So he should be bringing some of that here to steem ! YAY