Read in the Digest:
MakerDAO votes to suspend Aave DAI deposits to reduce Celsius exposure.
Binance suspends withdrawals and deposits in Brazil – Hoo halts withdrawals.
South Korea delays crypto tax by two years, now set to come into effect in 2025.
Bitcoin Recovers to Above $20,500 While Ethereum Hits $1,156 – Miners Offload BTC
Bitcoin and Ethereum are showing signs of short-term bullishness after rebounding from weekly losses of 34% and 36%, which saw their prices plummet to as low as $17,700 and $890 respectively.
On Saturday, June 18th, intense fear led to sell-offs that forced the price of Bitcoin down to $17,700. Bitcoin has since turned green, gaining 6.5% over the last 24 hours to trade as high as $20,900 on Monday, June 20th.
The 24 hour price chart for Bitcoin (BTC). Source: CoinMarketCap
Ethereum has been on a better rally than Bitcoin, having gained 8.9% over the last 24 hours, with the price of Ethereum (ETH) shooting up to $1,156 from an interday low of $1,025....
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...