Investing in cryptocurrencies is slowly getting into the mainstream, and setting up a crypto wallet is almost as easy as opening a savings account with a bank. It is still certainly not as safe as it might seem in the last few months, when bitcoin broke one record after another – and other currencies followed.
Probably just one unconfirmed tweet was enough to send a bitcoin to $ 51,000 in one hour, and ethereum fell below $ 2,000 for a while and wiped about $ 290 billion from the cryptocurrency market at one point.
Tweet, which supported the current decline in cryptocurrencies, posted an FXHedge account on Twitter. The unconfirmed report states that the US Treasury Department plans to charge several financial institutions with money laundering using cryptocurrencies.