Crypto assets go up

Crypto assets go up

On Friday, digital coins went up, with Bitcoin making its way towards the psychologically crucial $4,000 level. Besides this, the CEO of Coinbase came up with support for Quadriga, the disgraced platform on Twitter.

Bitcoin, the most popular crypto asset managed to surge by up to 0.59% concluding the trading marathon at $3,973.10 on the Investing.com Index.

In general, digital coins went up to a market capitalization of $135 billion.

The number two crypto asset, Ethereum tacked on by 2% being worth $148.20. It occurred due to the fact that its Constantinople hard fork is anticipated to take place at the end of February. As for XRP, it rallied by up to 0.13% hitting $0.32146. Besides this, Litecoin showed $49.58, adding 1%.

As Coinbase CEO Brian Armstrong told, from his point of view Canadian platform  Quadriga didn’t stage its downfall to have investors scammed, as folks have suggested.

Founded in 2013, QuadrigaCX happened to be one of the oldest crypto exchanges in the world. So, if they considered an exit scam, it should have been timed much better, Brian Armstrong pointed out on Tweeter.

However, as follows from an investigation by Coinbase, the last months of operations raised questions as for probable mismanagement at the company.

Quadriga is actually experiencing a number of lawsuits from folks attempting to secure missing funds right after CEO Gerald Cotten suddenly passed away in India in early December without providing the password for access to cold wallets.

The company only has access to its hot wallets, connected to the network. However, the crypto wallets have less than $1 million, which is not far from the C$180 million of crypto assets frozen in user accounts.

Similar

Will the CPI Crash the USD?
Will the CPI Crash the USD?

 The most impactful releases of this week will fill the market with volatility and sharp movements. Be ready to take action!

USD and GBP Traders Await Big Moves
USD and GBP Traders Await Big Moves

The first week of November promises to be eventful, as we have the Fed meeting, the BOE update, and the NFP release. Read more details here.

Latest news

Fed’s Rate Pause and UK Inflation Slows
Fed’s Rate Pause and UK Inflation Slows

Today's main event for the markets is the FOMC Interest Rate Decision, where the US regulator is widely expected to keep the interest rate at the same level of 5.5%.

Deposit with your local payment systems

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera