Bitcoin (BTC) Dumps After Three Rallies In A Row, Coinbin Goes Bankrupt, Huobi Closes Australia Office, Bitfinex Recovers 0.02 Percent Of Bitcoins From 2016 Hack
On this edition of the Crypto.IQ Daily Radio Show we do a deep dive market analysis. After a bullish rise to $4,200 Bitcoin (BTC) crashed to $3,700, along with the rest of the crypto market. We discuss various exchange stories today, including how South Korean crypto exchange Coinbin has gone bankrupt and how Bitfinex has recovered 0.02% of the lost Bitcoins (BTC) from a 2016 hack. The overarching theme of these stories is to not keep your crypto on an exchange, instead keep your crypto in your own wallet where you control the private keys. Hear about how Huobi is closing their Australian office.
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