Bitcoin News Summary – August 6, 2018

The post Bitcoin News Summary – August 6, 2018 appeared first on 99 Bitcoins.

Here’s what happened this week in Bitcoin in 99 seconds. The unexpected price drop in Bitcoin last week likely resulted from a failed margin call on a massive position on Hong Kong’s OKEx exchange. A highly-leveraged position, representing about $416 million, had to be liquidated by the exchange once it started losing. However, the unidentified […]

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