8/15/2018, 12:35 PM (Source: TeleTrader)
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Bitcoin bounces to almost $6,500

The biggest cryptocurrency rebounded on Wednesday, almost making up for the losses from the previous two days. Bitcoin yesterday fell below $6,000, coming close to the lowest mark since November. Investors are waiting to see whether the United States Securities and Exchange Commission would greenlight the listing of any Bitcoin exchange-traded funds before the end of the year.

Unblock Ventures, a unit of messaging platform operator Line Corp. from Japan, will invest $10 million in blockchain startup projects. The funds for the firm incorporated in Hong Kong were allocated by the parent company's arm LVC Corp, according to an announcement published today. Also on the bullish side for the digital currency market, Goldman Sachs and Franklin Templeton led a $32 million series B funding round for enterprise blockchain developer Axoni.

Bitcoin jumped 4.1% to $6,357 at 12:32 pm CET, after rising to $6,483 earlier in the session. The exchange rate against the euro increased 2.73% to 5,623.09. August futures at CME Globex rallied 4.61% to $6,350. Spinoff cryptocurrency Bitcoin Cash was 4.85% higher at $511.26.

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