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According to Stephen Innes, the head of Asian trading for the foreign exchange Oanda, hacks were the first element to have a chilling effect on crypto. Hearing the amount of money that thieves were able to take, he says, “Consumers got very concerned that their money could go missing.”
Currently, the global crypto market cap stands at $2.94 trillion, an increase of 3.21%. Other cryptocurrencies were also trading in the green.
SAN SALVADOR, El Salvador (AP) — El Salvador’s bitcoin-pushing president apparently changed his Twitter profile description to “dictator” Monday, in what might be an ironic comment on last week’s protests against him.
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Vavilov said he had found an “immediate energy fit” with Brooks, who was acting chairman of the Office of the Comptroller of the Monetary Authority, a US banking regulator until January. He previously worked as Chief Legal Officer at the cryptocurrency exchange Coinbase.
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Bitfury has appointed former Binance US boss Brian Brooks as CEO. Former financial regulators are in control of one of the world’s largest crypto mining outfits when the industry is booming.
FTM has outdone the market in terms of price actions ever since Fantom Foundation announced a 370 million FTM incentive program for developers in August. FTM is currently trading close to $2.6 - up more than 17x from a low of $0.15 in August.
SAN SALVADOR, El Salvador (AP) — Thousands of people gathered in El Salvador's capital Wednesday for the first mass march against President Nayib Bukele, who protesters say has concentrated too much power, weakened the independence of the courts and may seek re-election.
According to Karony, SafeMoon could soon be listed on top cryptocurrency exchanges, increasing the accessibility of the token.
It was a rough year for bitcoin–and cryptocurrencies in general. Here’s a look at how we got here.
If the price turns down from the resistance line of the channel, the pair could drop to the support line. This is an important level to keep an eye on because a break below it will suggest a possible change in the short-term trend.
According to the essayontime.co.uk platform, ethereum came out many years after hundreds of cryptocurrencies hit the crypto market but has surpassed them by far due to its unique technology.
Essentially it is very hard to tell which firms are real and which ones are scammers.