Bitcoin fluctuated this week in the 9,000 range

This week, Bitcoin fluctuated in the range of $ 9,000-10,000, after US authorities’ criticism caused the $ 11,000 drop at the beginning of the week.

Bitcoin ranged from $ 9,000-10,000

Overall, the BTC price dropped by 7% compared to last Friday. The other major cryptomonas were kept at approximately the same level as the previous week. The only exceptions are EOS, which increased by 15% and Litecoin, which decreased by 5%.

The total cripto market valuation fell to $ 271 billion.

Monex applies to become a member of the Libra Association

The Japanese company Monex Group, which owns the CoinCheck exchange, filed an application to join the Libra association. The news was published by Reuters Japan, quoting President Monex Oki Matsumoto.

The association will evaluate the application at the end of September this year. Matsmoto said the new crippled Libra

“Offers many possibilities, from financial inclusion to international product sales.”

Abra restricts US investors’ access to most cryptomonas

The cripto investment application Abra announced that it would restrict Americans’ access to most cryptomonas. Beginning with September, they will only have access to Bitcoin (BTC), Ether (ETH), Litecoin (LTC), and Bitcoin Cash (BCH).

Also, New York users will no longer be able to use American Express transfers or cards to deposit or withdraw funds.

Abra’s justification for these restrictions was the “regulatory uncertainty” in this jurisdiction.

Silk Road Administrator, sentenced to six and a half years in prison

Irish Gary Davis, known as “Libertas,” the administrator of the dark web Silk Road, was sentenced to six and a half years in prison.

He was arrested in Ireland in January 2014 and was later extradited to the United States. In October 2018, Davis pleaded guilty to the charge of drug trafficking.

After serving the 78 months of imprisonment, he will also pay a fine of $ 25,000 and will be supervised for another three years.