This morning, Bitcoin price edged slightly higher, continuing its upward momentum from yesterday and approaching the pivotal $7,500 mark. Currently, the coin is trading at about $7,350 as of 12 PM EDT.
Part of the reason Bitcoin was up today is that Coincheck, a crypto exchange that suffered a high-profile hack back in January, was rumored to be subject of a bid from Japanese online brokerage firm Monex. A purchase of Coincheck by Monex, which owns U.S.-based online brokerage TradeStation, could be considered a significant bullish signal for the cryptocurrency market.
“It’s a massive ...
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