Crypto News Today Live Updates December and Latest News: (4 January 2023) The global digital asset market saw a broad recovery on Wednesday morning. Cryptos like Solana (SOL) and Ethereum Classic (ETC) prices jumped by 16% and 10%, respectively.
The total crypto market cap is up by almost 2% over the past day to stand at $818.5 billion. 24 hour trading volume is up by a whopping 31% to stand at $31 billion.
Cardano founder Charles Hoskinson changed the display picture on his Twitter and Facebook accounts causing a controversy.
He has been accused of right clicking and saving someone’s NFT as a picture and using it as a profile picture. Read More Here…
Ripple CEO in a Twitter thread stated that it is the first day of the 118th Congress and there is a lot to achieve. However, support for regulation is bipartisan and bicameral. While he mentioned the names of some Congressmen who have supported blockchain and accepted the need for clarity.
This major statement came amid the pending ruling in the crucial XRP lawsuit. Read More Here…
top US bank regulators issued a fresh warning to lenders over the risks of getting involved with crypto activities.
These warnings come after major liquidity crisis situations emerged in the crypto space over the last few months. The collapse of the crypto exchange FTX led to a million customers losing their crypto investments. Also, the total loss, in this case, is estimated to be over $8 billion. Read More Here…
Manhattan U.S. Attorney’s Office announced forming of an FTX Task Force which will dedicatedly focus on all investigations and charges faced by the company. The goal of the special task force formation is to locate and recover the assets of victims from the exchange’s collapse.
This development came as the disgraced FTX founder appeared in the Manhattan District Court for pleading not guilty in his criminal case. Read More Here..
Solana (SOL) is emerging as an early winner as crypto investors begin to plan out their trading strategies for 2023 and aim to recoup losses from the previous year.
Solana price has jumped by a massive 38% in the last 7 days. SOL is trading at an average price of $13.71, at the press time.
The global digital asset market saw a broad recovery as cryptos like Solana (SOL) and Ethereum Classic (ETC) prices jumped by 17% and 10%, respectively. The total crypto market cap is up by almost 2% over the past day to stand at $818.5 billion. 24 hour trading volume is up by a whopping 31% to stand at $31 billion.
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