Bitcoin, Ethereum, Dogecoin all higher Tuesday in early trading

FAN Editor

Bitcoin was trading 3.33% higher on Tuesday morning nearing $46,000 per coin.

The price was around $45,903 per coin, while rivals Ethereum and Dogecoin were trading around $3,344 (+3.69%) and 23.7 cents (+1.45%) per coin, respectively, according to Coindesk.

It was just one week ago, Bitcoin was trading above $52,000 per coin.

BITCOIN IN EL SALVADOR SPARKS CRYPTO CURRENCY DEBATE

In other cryptocurrency news, approximately $2.6 billion worth of digital assets could be wiped out when South Korea’s deadline for crypto exchange registration arrives on Sept. 24, the Financial Times reported Sunday.

Bitcoin was trading 3.33% higher on Tuesday morning nearing $46,000 per coin. (iStock)

South Korea’s Financial Transaction Reports Act is requiring all crypto exchanges to register with the Financial Services Commission (FSC) by the end of the month. To comply with the country’s anti-money laundering and know-your-customer procedures, crypto exchanges need to register with local banks and set up real-name accounts for their customers.

Also in the news, Walmart and crypto investors were hit with fake news on Monday.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

A press release, distributed by GlobeNewswire, touted the retail giant’s alleged new payment option with Litecoin that turned out to be fake, according to Walmart.

Free America Network Articles

Leave a Reply

Next Post

Drone Racing League lands $100 million deal with crypto platform Algorand

Drone Racing League Source: Drone Racing League New York-based Drone Racing League landed its most significant sponsorship agreement to date with cryptocurrency platform Algorand, the company said on Tuesday. DRL is a first-person-view racing league where drone pilots race devices through neon-lit courses and compete for prize money. The company […]