South Korean prosecutors reportedly raided the offices of three cryptocurrency exchanges on suspicion of siphoning off funds from customers' accounts.
Bitcoin looks set to revisit November lows after dropping below $8,000, but a minor corrective rally looks to be in the offing beforehand.
The price of bitcoin fell below $8,000 during early-hours trading on Thursday, its lowest total since early February.
Cryptocurrency exchange CoinfloorEX announced it would offer bitcoin futures contracts as of April 2018.
Bitcoin hit a one-month low on Wednesday as its price slipped below $8,300 during afternoon trading.
The bulls' failure to capitalize on bitcoin's recent price recovery has left the doors open for a sharp sell-off to February lows.
Binance announced Binance Chain, a public blockchain for trading assets, on Tuesday.
Menero will likely drop to $200 - a potential bullish reversal point ahead of the moneroV hard fork, now scheduled for April 30.
Bitcoin remains on track to re-test $10,000 and possibly break higher – as long as prices hold above $8,300.
The U.S cryptocurrency exchange is easing the crypto tax procedure with a new automatic gain/loss calculator.