Bitcoin (BTC) Absorbs Sell Pressure, Will $11,200 Hold?

Bitcoin (BTC) up 2.8 percent Hackers strike Bitpoint, user funds stolen

Bitpoint is the latest Japanese exchange to lose customer funds through a hack. In an announcement, the exchange said it lost $32 million worth of Bitcoin, Litecoin and other coins stored in their hot wallet. At the time of press, BTC is up 2.8 percent.

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Japan is known for its flexibility. As one of the early adopters, Japanese regulators are firm on their oversight. Formulating and implementing...

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