Bitcoin price today 13/7 fell sharply in the context and the market also continued to decline. Authorities in California are investigating a number of cryptocurrency lenders after a series of cases blocking withdrawals and transfers between user accounts.
The price of bitcoin fell sharply today, and the market continues to decline as well.
Bitcoin price today recorded at 5:35 am at $ 19,419.88, down 3.31% compared to 24 hours ago.
On the day, the bitcoin price dropped to as low as $19,237.42.
In the market, there are 83/100 coins that have decreased in price compared to 24 hours ago.
In which, most currencies recorded a low price reduction of 0-1%.
The most bullish coin is NEAR Protocol, up 0.61% on the day.
Among the top 10 coins by market value, 8 out of 10 coins are down from 24 hours ago.
Ethereum price dropped to $1,044.62, 0.38% lower than 24 hours ago.
Tether holds at $0.9993.
USD Coin increased 0.01%, recorded at 1.00 USD.
BNB is down 0.33% on the day, to $222.10.
Binance USD lost 0.13%, currently at $1.00.
Ripple is slightly down 0.18% on the day, to $0.3117.
Cardano is down 1.11%, recorded at $0.423.
Solana lost 0.7% in the last 24 hours, to $33.02.
Dogecoin fell to $0.06045, losing 0.6% on the day.
The total value of the cryptocurrency market was recorded at 5:45 am at 869.42 billion USD, down 20.42 billion USD compared to 24 hours ago.
The 24-hour trading volume on the market is currently at $56.04 billion, up 7.41% from July 12.
California investigates a series of crypto-lending companies
The California Department of Financial Innovation and Protection (DFPI) is investigating several crypto lenders in the US after a series of cases where lenders blocked withdrawals and transfers between user accounts, according to a statement. on 12/7.
The department did not specify the company it was investigating, but said it was looking at “many” companies that “provide customers with digital currency accounts with interest,” and the service provider “undisclosed.” full of risks customers face when they fund an account on the lender platform.”
Over the past few months, several well-known crypto lenders have locked down withdrawals and transfers as the bitcoin price plummeted.
In mid-June, Celsius announced it would stop all withdrawals and transfers between user accounts, citing “extreme market conditions”. In July there was Voyager Digital that announced they would be temporarily suspending customer transactions, remittances and withdrawals, and shortly thereafter filing for Section 11 bankruptcy just days from the announcement.
Sen. Elizabeth Warren wrote about this in June warning that lending platforms’ commitments to double-digit returns are often “too good to be true.”
Twitter sues Elon Musk for $44 billion deal
Twitter sued Elon Musk for canceling its acquisition of the platform for $44 billion, according to a legal filing published July 12.
In the last week, Elon Musk pulled out of the agreement, stating concerns that there are automated and spam accounts on the platform. As a result, Twitter hired the law firm Watchell, Lipton, Rosen & Katz to prepare for the lawsuit, which has just filed in the state of Delaware.
“Having made his public position on Twitter clear, and offered and subsequently entered into a merger agreement in good faith with the seller, Musk clearly believes that he is, unlike any other organization,” the lawsuit states. Any organization that abides by Delaware contract law, is free to change its mind, destroy the company, disrupt operations, destroy shareholder value, and walk away.”
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