Andrew Yang, the 2020 presidential candidate calling for nationwide cryptocurrency regulations in the U.S. who claimed “onerous regulations” had a “chilling effect” on the cryptocurrency space in the country, has ended his presidential bid.
Google searches for bitcoin rose 33% after the price of the cryptocurrency surpassed the $10,000 mark earlier this month. Related search queries reveal users are looking to double their BTC using less than reputable schemes.
Those behind the alleged crypto Ponzi scheme PlusToken have started moving $120 million worth of bitcoin to various addresses, in a move believed to be preceding a large-scale selloff.
Top stories in the Crypto Roundup today:
- Crypto Supporter Andrew Yang Ends Presidential Campaign
- Google Searches for Bitcoin Jump 33% As Price Gains Momentum
- $120 Million Worth of Bitcoin Associated With Alleged Scam Move to New Addresses
At the time of writing, bitcoin (BTC) is trading at $10,295.40 (5.26%) with a daily Top Tier volume of $3.06 billion. As for ether (ETH), it is trading at $252.53 (14.13%) with a daily Top Tier volume of $1.48 billion. The MVIS CryptoCompare Digital Assets 10 Index is currently tracking at 3,807.73 (0.60%)