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According to experts, the higher the cryptocurrency rate, the more it can decline. On the other hand, this could simply be a signal of the start of a cryptocurrency bull market. Market volume has grown 3,400% since the start of 2017, according to Monday's data. And it becomes unclear how long such growth can last. Let's talk about three main triggers that can stimulate a fall in the price of digital assets.
On January 25, 2018, Zebpay, one of the largest cryptocurrency exchanges in India, announced the addition of Litecoin to its trading platform. In a blog post on its website, the company stated that the cryptocurrency is one of several tokens that will also be added in the near future.
Robinhood Financial LLC, which develops a popular free stock trading app, can compete in the crypto trading market due to low commissions
US regulators are urging financial institutions to take a closer look at cryptocurrencies for use in their countries.
Cryptocurrency exchange BitFlyer received a license and starts on the digital currency market in the European Union
The South Korean government is working to create a tax on cryptocurrency transactions. While media reports suggest that the tax on digital currency exchanges will be around 24.2% this year, regulators say a final decision on the tax rate has not yet been made.
Chinese exchange Huobi announced the launch of its own token based on the Ethereum ERC-20 standard
The US securities regulator on Thursday raised concerns about any investment involving cryptocurrency. The message to the media said that before approving more than a dozen bitcoin-related products and services, the Commission wants answers to its questions.
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