ADA Founder Sparks NFT Community; Ripple CEO seeks regulatory clarity

Crypto News Today Live Updates December and Latest News: (January 4, 2023) The global market for digital assets saw a broad recovery on Wednesday morning. Crypto prices such as Solana (SOL) and Ethereum Classic (ETC) rose by 16% and 10% respectively.

The total crypto market capitalization has increased by almost 2% in the past 24 hours to $818.5 billion. 24-hour trading volume is up a whopping 31% to $31 billion.

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2023-01-04T13:40:00+5:30

Cardano Founder Sparks NFT Community

Cardano founder Charles Hoskinson changed the display image 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…

2023-01-04T13:00:00+5:30

Ripple CEO expects breakthrough in crypto regulations

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, the support for regulation is bipartite 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 landmark XRP lawsuit. Read more here…

2023-01-04T12:10:00+5:30

US Watchdogs Issue Warning About Crypto Activities

top US banking regulators issued a new warning to lenders about the risks of getting involved in crypto activities.

These warnings come after major liquidity crises emerged in the crypto space in recent months. The collapse of the crypto exchange FTX led to one million customers losing their crypto investments. Moreover, the total loss, in this case, is estimated to be over 8 billion dollars. Read more here…

2023-01-04T11:40:00+5:30

FTX Task Force formed to increase recovery of customer funds

The Manhattan US Attorney’s Office announced the formation of an FTX Task Force that will dedicatedly focus on all investigations and charges facing the company. The goal of the special task force formation is to locate and recover the assets of victims of the plant’s collapse.

This development came as the disgraced FTX founder appeared in Manhattan District Court to plead not guilty in his criminal case. Read more here..

2023-01-04T11:00:00+5:30

Solana price increases by 16%; Here’s why

Solana (SOL) is emerging as an early winner as crypto investors start planning their trading strategies for 2023 and aim to recoup losses from the previous year.

The Solana price has risen by as much as 38% in the last 7 days. SOL is trading at an average price of $13.71, at press time.

2023-01-04T10:30:00+5:30

Recovery of the crypto market

The global digital asset market saw a broad recovery as crypto prices such as Solana (SOL) and Ethereum Classic (ETC) rose by 17% and 10% respectively. The total crypto market capitalization has increased by almost 2% in the past 24 hours to $818.5 billion. 24-hour trading volume is up a whopping 31% to $31 billion.

Disclaimer

The content presented may include the author’s personal opinion and is subject to market conditions. Do market research before investing in cryptocurrencies. The author or publication has no responsibility for your personal financial loss.

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