News of the crypto market

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  • #241701
    DamienLee
    Participant

    Last week was the crypto market’s worst stretch in months, and it continued to tumble on Monday.

    Bitcoin fell below $34,000 Monday morning, compared with an all-time high of nearly $69,000 in November. Ethereum fell below $2,200 Monday morning. The significant price drops come amid the stock market’s worst week in nearly two years, and after the release of the Federal Reserve’s long-awaited report on a possible government-issued digital currency. The crypto market cap fell below $2 trillion amid the sell-off, according to CoinMarketCap data.

    Some experts say the catalyst is the U.S. Federal Reserve and its plans to pull back stimulus from the economy and raise interest rates. “Many investors are removing risk from their portfolios at the moment. It could be the sign of a new market cycle,” says Grant Maddox, a certified financial planner and founder of Hampton Park Financial Planning based in South Carolina. “Long-term investors should set an allocation that fits their risk tolerance and use this for their ‘safe money.’”

    Meanwhile, the White House is placing itself at the center of Washington’s efforts to regulate cryptocurrencies, according to a Bloomberg report. Investors put $14 million into crypto funds last week during the initial dip. Twitter rolled out NFT verification services to those who pay $3 a month for its Twitter Blue service. And the Federal Reserve took its first step toward possibly issuing a U.S. digital currency.

    #241713
    Crucifery
    Participant

    Cool!
    Cryptocurrency is a big trend in recent years and I don’t think it will stop. Recently the news came out on https://wallstreethack.com/ that Katy Fund ( Arc Investment) is predicting a price of 1 million dollars for 1 bitcoin in 2030, see if it turns out to be true.

    #241718
    Robert
    Participant

    Meanwhile, the White House is placing itself at the center of Washington’s efforts to regulate cryptocurrencies, according to a Bloomberg report. Investors put $14 million into crypto funds last week during the initial dip. Twitter rolled out NFT verification services to those who pay $3 a month for its Twitter Blue service. And the Federal Reserve took its first step toward possibly issuing a U.S. digital currency.

    I don’t like it when the state starts interfering with private business. Cryptocurrency is one of the independent assets on the exchange. I closely monitor the change in bitcoin price. Everything can change when large players (banks, funds) enter the business. I prefer to program my trading bots every day given the situation.

    #243892
    masonmoore
    Participant

    Before you start trading Forex, you need to make sure you understand the jargon used by Forex trading experts. If you start trading forex without understanding the jargon, you may lose rather than win in forex trading. Learn the jargon and learn how to trade forex properly and how to understand everything.

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