Where is Dogecoin?
Did the era of the Dogecoin, the most famous cryptocurrency, come to its end, or it is just a calm before the storm? Let’s find out!
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
Bitcoin: down at $40,000; more losses ahead?
The main digital coin erased all the gains done after Elon Musk's February announcement. What are we heading into?
Ethereum: faster than Bitcoin
Ethereum crossed $3000 recently and is aiming at $3500 already. Is it taking over Bitcoin's place?
Latest news
What will move the market on October 18-22?
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
Gold Skyrocketed, USD Dropped. What Drives The Market Today?
The Fed is ready to start tapering in November. Since the markets were expecting this and it wasn’t a surprise, the USD slumped allowing risk-on currencies and gold to rally up.
High-Impactful Event for Forex: US Retail Sales
US Retail Sales will be out on October 15 at 15:30 MetaTrader time (GMT+3).
Deposit with your local payment systems
