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The odious prophet of the cryptocurrency world, John McAfee, believes that the bearish trend in Bitcoin will not last more than a month. Now is the time to buy crypto and not panic.
The Lithuanian authorities are establishing cooperation with the cryptocurrency sector. The Ministry of Finance of the Republic of Lithuania has issued guidelines proposing a classification of tokens for ICO projects.
Bearish pressure on the market continues. Altcoins follow the BTC/USD pair.
One of the leading Bitcoin exchanges, Binance, has become crowded in the cryptocurrency space and now the company plans to include trading in pairs with fiat currencies. This was stated by Binance CEO Changpeng Zhao.
According to the Chinese cybersecurity company Qihoo 360 Netlab, a group of hackers stole coins worth more than $20 million from applications on the Ethereum network. The attack became possible due to unprotected network ports of Ethereum nodes (default RPC port: 8545).
As major cryptocurrencies such as Bitcoin and Ethereum rose 1 to 3 percent, the cryptocurrency market capitalization increased from $290 billion to $296 billion. However, the market continues to show bearish trends.
After yesterday's decline and market recovery, the price decline will continue, but will not be as dynamic as before
The International Anti-Money Laundering Task Force (FATF) plans to develop common rules regarding combating money laundering that all cryptocurrency exchanges around the world will have to adhere to. An unnamed Japanese government official said the group intends to hold talks on the issue starting June 24, according to Reuters.
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