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Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
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Monetary authorities around the world are increasing their scrutiny of digital assets, in the wake of FTX implosion. The latest to highlight the need for crypto regulation is the deputy governor of Bank of England.
As stated by the deputy governor of the Bank of England Sir Jon Cunliffe, regulation of cryptocurrencies is necessary to safeguard retail investors and the larger financial system as they integrate into traditional finance. According to his statement given to Sky News, to safeguard investors and reduce systemic risk, the central bank is considering taking action to regulate the crypto “casino.” Keep Reading »
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A federal judge has agreed to release Sam-Bankman Fried, former CEO and founder of bankrupt crypto empire FTX, on a $250 Million bail secured by his parents. Assistant U.S. Attorney Nicolas Roos in U.S. District Court in Manhattan stated that the bail terms include a $250 million bond and house arrest at his parents’ house in Palo Alto, California. Keep Reading »
Province of Canada In order to protect its supply of clean electricity, British Columbia instructs BC Hydro to halt electrical-connection requests from cryptocurrency mining enterprises. In order to assist the Province’s economic and environmental action goals, the moratorium is anticipated to last for 18 months. Keep Reading »
Bankrupt Bitcoin miner Core Scientific has received interim court approval to access a $37.5 million loan from existing creditors to navigate the liquidity crisis. This comes a day after Core Scientific filed for bankruptcy, citing lumping bitcoin prices, rising energy costs for bitcoin mining, and a $7 million unpaid debt from defunct crypto lender Celsius Network. Keep Reading »
In a lawsuit submitted on Wednesday, the U.S. Securities and Exchange Commission said that FTX’s exchange FTT token was advertised as an investment contract and therefore a security, an allegation that is likely to have a big impact on the market. Keep Reading »
We saw the highest of Number of Sales on 19th December which was 16.2K. And the Lowest of number of sales was recorded on 18th December which was 11.4K. This Metric showed an overall Increase.
OCEAN Price Prediction December 2022
OCEAN is a token of the platform Ocean Protocol. Its current price is around $0.1508 at the time of writing, with a low of $0.116, and it has a market cap of 92 million dollars. Keep Reading »
DGB Price Prediction December 2022
DGB is a token of the platform DigiByte. Its current price is around $0.008133 at the time of writing, with a low of $0.006302, and it has a market cap of 129 million dollars. Keep Reading »
SUPER Price Analysis December 2022
SUPER is a token of the platform SuperFarm. Its current price is around $0.1113 at the time of writing, with a low of $0.08545, and it has a market cap of 44 million dollars. Keep Reading »
BitDAO Price Analysis December 2022
BIT is a token of the platform BitDAO. Its current price is around $0.3103 at the time of writing, with a low it of $0.2699, and it has a market cap of 648 million dollars. Keep Reading »
Top 5 Crypto to Buy after FTX Crash: TRX, MATIC, IMPT, APE, and ADA
FTX filed for Chapter 11 bankruptcy on November 11, and its implosion created a ripple effect across the crypto industry. The crash of FTX has had a major impact on the crypto market and exchanges that use it. Keep Reading »
Top 3 Crypto to Buy In December 2022: BNB, MATIC, and XRP
This article predicts the top 3 cryptocurrencies with the best value in December 2022. To predict the potential of these cryptocurrencies, we need to look at their current performance and what they are doing to ensure their future success. Keep Reading »
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