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Cryptocurrency abyss: Digital Investors Lose Billions of Dollars

... rate of growth in the value of assets. In January 2021, bitcoin was worth more than $34,000, and a year later, $42,838. However, we should not forget that in November 2021, the digital currency reached $60,940, thereby depreciating by 38% by January. Bitcoin has been “bearish” for the past few months. A similar situation is developing with other crypto assets. Ethereum is being sold for $1.8 thousand (the lowest price since the middle of last year). Binance Coin is 26% down, XRP is 28% down and Solana is 35% down. Experts estimate the total decrease in the capitalization of the crypto market at $1.2 trillion ...

Valeriy Romanyuk: ‘Crypto-yuan can become the world's digital currency’.

... the development of innovative technologies in Russia is always ahead. It was necessary to use innovations in this area, to create experimental mechanisms even yesterday. What cryptocurrencies do you consider the most promising at the moment? V.R . : Bitcoin, ether, and I will say about stablecoins - some of them will definitely go off. I know that the United States has already made a decision related to the Federal Reserve System, which is experimenting in this area. There will be a stablecoin, more seriously ...

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