The Total Market Value of Cryptography Exceeded US$1.3 Trillion, Rising by More Than 10% in 24 Hours
According to CoinGecko data on October 24th, the total market value of cryptocurrency has exceeded $1.3 trillion, currently reporting at $1,326,960,219,828 with a 24-hour increase of 10.3%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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The Daily: JPMorgan says Tether may sell bitcoin under new US stablecoin rules, Paolo Ardoino calls analysts 'salty' and more
JPMorgan analysts estimate that only 66% to 83% of Tether’s reserves meet proposed U.S. stablecoin regulations, requiring potential restructuring.Tether CEO Paolo Ardoino dismissed the JPMorgan analysts’ concerns, saying their assessment discounts the company’s $20 billion group equity.Momentum for a Federal Reserve audit is building, driven by growing social media support for long-time central bank critic Ron Paul to spearhead the effort and even be considered for the role of Chair.
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