Top cryptocurrency news on June 19: Major stories on bitcoin, litecoin and cryptocurrency exchanges

Bitcoin, the world’s largest cryptocurrency, dropped as much as 7 percent to $35,431.15 at 8.02 pm GMT on June 18, Reuters reported.

The organization said it was the first national party committee to take contributions via cryptocurrencies like Bitcoin, which it said would help it support Republican candidates in next year’s midterm elections.

Cryptocurrency exchange WazirX, accused of aiding drug trade by a Vice report, said on June 18 that the person driving the drug trade does not use its platform, adding to the list of controversies that the Binance-owned exchange is embroiled in.

Landon Cassill will be the first NASCAR driver paid entirely in cryptocurrency in a sponsorship deal with Voyager that begins at Nashville Superspeedway this weekend, AP reported.

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