Someone familiar with the situation stated that the cost was below the $250 million that was spent on acquiring the custody firm Metaco back in May.
Crypto Right
Crypto Right latest news, images, analysis about During the European session, the cryptocurrency market continued to underperform, with the global crypto market cap down 10% from yesterday and DeFi coins down more than 11%. …
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Thodex, once among Turkey's leading cryptocurrency exchanges, abruptly ceased operations in April 2021, coinciding with the disappearance of its founder, Özer.
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Sen. Bill Hagerty, a member of the Senate Banking Committee from the Republican party, advocates for a more comprehensive examination of the relationship between the securities regulator and the digital assets sector.
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FAQs for Crypto Right
Should you invest in crypto right now?
Nobody knows exactly where crypto is headed in the coming months. But if you can't afford to leave your money invested for at least a year or two, it may be best to avoid investing for now. If crypto prices continue to fall and you suddenly realize you need that money, selling your investments could be costly.
Will the bumpy ride in the crypto market continue?
Still, the recent price action in the cryptocurrency market suggests the bumpy ride could continue for crypto investors in the near term. The next potential stabilizing catalyst for the market could be Wednesday when the Labor Department releases its CPI reading for April.
What is the global crypto market cap?
The global crypto market cap is $1.54T, a 2.85% increase over the last day.
Will Crypto go away?
Chris McMahon, CEO, Aquinas Wealth Advisors: Even with its value cut in half, crypto has a trillion-dollar market cap. I don’t think there’s any possibility of it going away.
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