CRYPTO INSIDER: Bitcoin regains some of its dominance

Bitcoin dominance

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Bitcoin has regained some of its cryptocurrency dominance. The largest digital currency is up to 39.1% of the total cryptocurrency market capitalization as of Wednesday morning, its highest point of 2018 so far, but still still well off the more than half it made up through most of last year. 

Here's the scoreboard: 

crypto prices today

Markets Insider

In the news:

• Ex-JPMorgan trader turned bitcoin fund manager says ICOs are 'better' than IPOs — but only 5% are worth investing in.

• A blunder at a Japanese cryptocurrency exchange let investors briefly buy bitcoins for free.

• Something mysterious is going on with North Korea's trading deficit — either China is lying about how much it trades with North Korea, or the regime's cryptocurrency hacking activities may be paying off.

• Scammers are tricking people to log into fake cryptocurrency exchange sites, and they're incredibly hard to spot.

• The South Korean government official in charge of cryptocurrency crackdown was found dead at his home.

• Just like they did with cryptocurrencies, banks are mulling a creative way to enforce gun control.

• Even free-market Republicans who hate government oversight want bitcoin to be regulated.

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See Also:

• The petro, Venezuela's oil-backed cryptocurrency, raised $735 million, government says

• We took a scientific look at whether weed or alcohol is worse for you — and there appears to be a winner

• TOM LEE: Bitcoin will surge to new record highs by July

SEE ALSO: South Korea’s defense ministry is taking steps to keep soldiers from getting caught up in the cryptocurrency frenzy