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Cryptocurrency abyss: Digital Investors Lose Billions of Dollars

... $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 ...

Stolen crypto assets worth a billion rubles were arrested in Russia for the first time

The decision of the St. Petersburg District Court for the first time allowed the investigation to arrest the digital assets of a citizen suspected of theft. The court concerned Ethereum cryptocurrency (“ether”, ETH), placed on 24 wallets. Considering that the very concept of “digital currency” is still missing in the legislation of the country, the court decision called crypto money “other property”. Sources say that the ...

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

... 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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