Bitcoin Market Volatility: Mt. Gox Outflow and Nigeria’s Call for Regulation

Bitcoin falls 3% as traders mull risk of sales linked to Mt. Gox. Senate Committee calls for cryptocurrency regulation in Nigeria. Plus, Bitcoin vaults past $70,000 as Argentina explores Bitcoin legal tender adoption after El Salvador's success. Also, Trump backs cryptocurrency, vows to make America its leader.

Sources:
https://economictimes.indiatimes.com/markets/cryptocurrency/bitcoin-falls-3-as-traders-mull-risk-of-sales-linked-to-mt-gox/articleshow/110485163.cms
https://www.cryptotimes.io/2024/05/28/senate-committee-calls-for-cryptocurrency-regulation-in-nigeria/
https://www.tradingview.com/news/zycrypto:7231eeff9094b:0-bitcoin-vaults-past-70-000-as-argentina-explores-bitcoin-legal-tender-adoption-after-el-salvador-s-success/
https://readwrite.com/trump-cryptocurrency-support-libertarian-convention/

Outline:
(00:00:00) Introduction
(00:00:44) Bitcoin falls 3% as traders mull risk of sales linked to Mt. Gox
(00:03:04) Senate Committee Calls for Cryptocurrency Regulation in Nigeria
(00:06:18) Bitcoin Vaults Past $70,000 As Argentina Explores Bitcoin Legal Tender Adoption After El Salvador’s Success
(00:08:57) Trump backs cryptocurrency, vows to make America its leader