US Congressman explains investments in Dogecoin, Ethereum, Cardano – regulation Bitcoin News

A US Congressman, Barry Moore, has announced his recent cryptocurrency purchases. He bought Dogecoin, Cardano and Ether.

Alabama-based US representative Barry Moore filed a Periodic Transaction Report (PTR) last week explaining his recent cryptocurrency purchases.

US Congressman explains investments in Dogecoin, Ethereum, Cardano

According to the file, the Congressman bought Cardano (ADA), Dogecoin (DOGE), and Ether (ETH) cryptocurrencies in May and June. Each purchase was worth between $ 1,001 and $ 15,000.

His crypto investments have depreciated since his purchases. He bought Cardano on May 10th, May 11th and May 13th. The price of ADA was $ 1.7652, $ 1.5559. and $ 2.009 those days based on data from Bitcoin.com Markets. The price of the cryptocurrency is $ 1.4229 at the time of writing.

The congressman also stated that he bought Dogecoin on June 13th. The price was $ 0.3275. At the time of writing, DOGE is trading at $ 0.2317.

On May 5th, he also bought ether. The price that day was $ 4,081. At the time of writing, the ETH price had fallen to $ 2,370.

What do you think of the Congressman buying the three cryptocurrencies? Let us know in the comment section below.

Photo credits: Shutterstock, Pixabay, Wiki Commons

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source https://bidsfor.me/us-congressman-explains-investments-in-dogecoin-ethereum-cardano-regulation-bitcoin-news/

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