Today in the news: - Bithumb has been cleared by local financial authorities. - Virtual currencies will become part of the economic practices of any country, according to a CFTC Commissioner. - The Chinese search giant Baidu is launching a blockchain game aimed to educate people about possibilities of crypto technology. - Quebec has halted approvals for new cryptocurrency mining operations. - And more crypto news below... ## 24 Hour Change ![](https://cdn.steemitimages.com/DQmbqsRQ2RYmAnUpC4dqfgYVBWbNhSvLMLF4nwefk3PjwEw/image.png) *Realtime chart on my website [CoinMarkets.today](https://coinmarkets.today)* ## 7 Day Change ![](https://cdn.steemitimages.com/DQmaV9N111deq9aHpCYBZS4Un4wWv7qr6Ft8wHrnerCwhF7/image.png) ## Month-to-Date Change ![](https://cdn.steemitimages.com/DQmarcbDw5e24mE6g5cRRiSQVM8cLhyMybtdU96bnztMm5i/image.png) ## 24 Hour Volume ![](https://cdn.steemitimages.com/DQmTTkbKRLbNigXwSsMNNQhEVt2M5NkBQLoKKbbPg4vCCtZ/image.png) ## Market Capitalization ![](https://cdn.steemitimages.com/DQmTntDnmZbbmXLR7T89v768XajMeey9yW44MTwxX2pYjfM/image.png) ## Bitcoin daily chart ![](https://cdn.steemitimages.com/DQmYne4WFvMmXPauwGA24nvFzf6P78bRJFPYFpnmwRR2EC8/image.png) *Feel free to use and share my charts, but please mention me as the author.* https://steemitimages.com/DQmbNxNgXLda5QXpWfDZxP2d3XR498RxCgucZVMnrBVcw7g/image.png ## Latest Crypto News - June 8, 2018 #### [Which Way? Bitcoin's Low Volatility May Force Big Move](https://www.coindesk.com/which-way-now-low-bitcoin-price-volatility-may-force-breakout/) > Bitcoin has been squeezed into an increasingly narrow range for more than two weeks and is now experiencing volatility not seen for eight months. As a result, it's looking likely that bitcoin could soon make a strong move, but the direction it will take when that happens is less than clear. ![](https://cdn.steemitimages.com/DQmb7PYroWaQkNqU7xbd5NZykHSfEMxUE75YoXixSTPMMVn/image.png) _{*Read more: [www.coindesk.com](https://www.coindesk.com/which-way-now-low-bitcoin-price-volatility-may-force-breakout/)*} #### *More sources about Bitcoin's price:* - **[BTC Markets Update: Major Symmetrical Triangle Set to Break](https://news.bitcoin.com/btc-markets-update-major-symmetrical-triangle-set-to-break/)** - **[Bitcoin, Ethereum, Ripple Drop 3% in $9 Billion Crypto Market Retreat](https://www.ccn.com/bitcoin-ethereum-ripple-drop-3-in-9-billion-crypto-market-retreat/)** https://steemitimages.com/DQmbNxNgXLda5QXpWfDZxP2d3XR498RxCgucZVMnrBVcw7g/image.png #### [No Illicit Activities: South Korea’s Biggest Cryptocurrency Exchange Cleared by Government](https://www.ccn.com/no-illicit-activities-south-koreas-biggest-cryptocurrency-exchange-cleared-by-government/) > Bithumb, South Korea’s biggest cryptocurrency exchange, has been cleared by local financial authorities and the National Tax Service (NTS). While the company was ordered to pay $28 million in taxes, the government found no evidence of illicit activities, tax evasion, and suspicious business operations. _{*Read more: [www.ccn.com](https://www.ccn.com/no-illicit-activities-south-koreas-biggest-cryptocurrency-exchange-cleared-by-government/)*} https://steemitimages.com/DQmbNxNgXLda5QXpWfDZxP2d3XR498RxCgucZVMnrBVcw7g/image.png #### [Virtual Currencies to Become “Part of the Economic Practices” of All Nations – CFTC Commissioner](https://news.bitcoin.com/virtual-currencies-become-part-economics-practices-nations-cftc-commissione/) > United States Commodities Futures Trading Commission (CFTC) commissioner, Rostin Behnam recently gave a speech in which he predicted that “virtual currencies […] will become part of the economic practices of any country.” The CFTC commissioner predicted that cryptocurrencies will have a transformative effect in providing financial services to unbanked populations, and undermine corruption through increasing financial transparency. _{*Read more: [news.bitcoin.com](https://news.bitcoin.com/virtual-currencies-become-part-economics-practices-nations-cftc-commissione/)*} https://steemitimages.com/DQmbNxNgXLda5QXpWfDZxP2d3XR498RxCgucZVMnrBVcw7g/image.png #### [Blockchain's Once-Feared 51% Attack Is Now Becoming Regular](https://www.coindesk.com/blockchains-feared-51-attack-now-becoming-regular/) > At least five cryptocurrencies have recently been hit with a 51% attack, a vulnerability users used to scoff at. _{*Read more: [www.coindesk.com](https://www.coindesk.com/blockchains-feared-51-attack-now-becoming-regular/)*} https://steemitimages.com/DQmbNxNgXLda5QXpWfDZxP2d3XR498RxCgucZVMnrBVcw7g/image.png #### [Hyland: 1st Bitcoin ETF Closer To Reality](http://www.etf.com/sections/features-and-news/hyland-1st-bitcoin-etf-closer-reality?nopaging=1) > While the Securities and Exchange Commission has yet to approve any bitcoin or cryptocurrency exchange-traded products, Hyland believes that could change relatively soon. Read on to find out when Hyland sees the first crypto ETF coming to market and what form it will take. _{*Read more: [www.etf.com](http://www.etf.com/sections/features-and-news/hyland-1st-bitcoin-etf-closer-reality?nopaging=1)*} https://steemitimages.com/DQmbNxNgXLda5QXpWfDZxP2d3XR498RxCgucZVMnrBVcw7g/image.png #### [Alipay’s Parent Company Secures $14 Bln for Blockchain Development](https://cointelegraph.com/news/alipay-s-parent-company-secures-14-bln-for-blockchain-development) > Alipay’s parent company Ant International secures $14 bln in a Series C equity funding round for blockchain and fintech development. _{*Read more: [cointelegraph.com](https://cointelegraph.com/news/alipay-s-parent-company-secures-14-bln-for-blockchain-development)*} #### *More sources:* - **[Alibaba Affiliate to Boost Blockchain Development After $14 Billion Raise](https://www.coindesk.com/alibaba-affiliate-to-boost-blockchain-development-after-14-billion-raise/)** https://steemitimages.com/DQmbNxNgXLda5QXpWfDZxP2d3XR498RxCgucZVMnrBVcw7g/image.png #### [Search Giant Baidu Is Launching a Blockchain Space Game](https://www.coindesk.com/search-giant-baidu-is-launching-a-blockchain-space-game/) > The Chinese search giant is this week launching a blockchain game aimed to educate people about possibilities of crypto technology. _{*Read more: [www.coindesk.com](https://www.coindesk.com/search-giant-baidu-is-launching-a-blockchain-space-game/)*} #### *More sources:* - **[‘Chinese Google’ Baidu to Release Interstellar Blockchain Game](https://cointelegraph.com/news/chinese-google-baidu-to-release-interstellar-blockchain-game)** https://steemitimages.com/DQmbNxNgXLda5QXpWfDZxP2d3XR498RxCgucZVMnrBVcw7g/image.png #### [Cryptocurrency Not Yet Usable as Money, Russian Rating Agency Concludes](https://cointelegraph.com/news/cryptocurrency-not-yet-usable-as-money-russian-rating-agency-concludes) > A new Russian credit agency rating report into the usability of cryptocurrency finds that it is not currently viable as a means of payment, but it could gain popularity in the event of more international sanctions. _{*Read more: [cointelegraph.com](https://cointelegraph.com/news/cryptocurrency-not-yet-usable-as-money-russian-rating-agency-concludes)*} #### *More sources:* - **[Cryptocurrencies Not a Risk to Stability, Russian Study Concludes](https://news.bitcoin.com/cryptocurrencies-not-a-risk-to-stability-russian-study-concludes/)** https://steemitimages.com/DQmbNxNgXLda5QXpWfDZxP2d3XR498RxCgucZVMnrBVcw7g/image.png #### [Quebec Halts Crypto Mining Approvals Pending New Restrictions](https://www.coindesk.com/quebec-halts-crypto-mining-approvals-pending-new-restrictions/) > Quebec has halted approvals for new cryptocurrency mining operations while it draws up new rules and may raise energy costs. _{*Read more: [www.coindesk.com](https://www.coindesk.com/quebec-halts-crypto-mining-approvals-pending-new-restrictions/)*} #### *More sources:* - **[Quebec Halts Crypto Mining Electricity Requests Amid Huge Demand, Forms New Framework](https://cointelegraph.com/news/quebec-halts-crypto-mining-electricity-requests-amid-huge-demand-forms-new-framework)** https://steemitimages.com/DQmbNxNgXLda5QXpWfDZxP2d3XR498RxCgucZVMnrBVcw7g/image.png #### [EOS Block Producers Agree to Print 19,000 More Tokens](https://www.trustnodes.com/2018/06/08/eos-block-producers-agree-print-19000-tokens) > Pitchforks are out in the EOS land where frustration is growing with the continued failure to launch the blockchain after barley days of testing. _{*Read more: [www.trustnodes.com](https://www.trustnodes.com/2018/06/08/eos-block-producers-agree-print-19000-tokens)*} https://steemitimages.com/DQmbNxNgXLda5QXpWfDZxP2d3XR498RxCgucZVMnrBVcw7g/image.png ![](https://cdn.steemitimages.com/DQmNpkHpJf11PFVzKqwQFiGNaYuLA2DjyE5T9RLWikUXAvZ/image.png) --- _{Visit my websites:
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