Category: Cryptocurrency News

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The law included many digital currencies under the definition of legal payment methods in Brazil and established a licensing regime for virtual asset service providers.

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On Dec. 21, U.S. law enforcement officials from the Southern District of New York (SDNY), the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC) revealed they imposed fraud charges against FTX co-founder Gary Wang and ex-Alameda Research CEO Caroline Ellison. After Wang’s and Ellison’s surrender announcement, the public has been wondering […]

Hi Can someone explain the differences between running a Ethereum node vs been a validator? submitted by /u/antonysdev [link] [comments]

Obviously not seeking financial advise but rather informed opinion about Eth price potential once staked Eth can be unlocked. Do you guys think it will stay were it is? Dip more or head to similar heights as last cycle? If so, why? submitted by /u/Introgrower22 [link] [comments]

Sam Bankman-Fried was held in the sick bay where he reportedly had access to running water, a toilet, a TV, and vegan food.

Bitcoin is still struggling below $17,000 and centralized exchange inflows and inflows seem to be mirroring the trend of the digital asset. Over the last 24 hours, the net flows from exchanges have been seeing a near balance between inflows and outflows. Balancing Each Other Out The exchange net flows reported by Glassnode show barely any difference between the amounts flowing into and out of exchanges. For bitcoin, it recorded $538.6 million worth of BTC flowing into exchanges and $557.4 million flowing out for the same time period. This brought net flows to a measly negative $18.8 million in the 24-hour period. Related Reading: https://newsbtc.com/news/bitcoin/microstrategy-bought-bitcoin/ Ethereum was not much different in this regard with $247.8 million in inflows and $245 million in outflows. For the second-largest cryptocurrency by market cap, net flows were at a positive $2.8 million, showing even less disparity compared to bitcoin. The USDT stablecoin issued by Tether was still very muted in this regard. The $563.6 million in outflows compared to $572.8 million in inflows brought its net flows to a positive $9.2 million. More disparity compared to ethereum but is just as muted. 📊 Daily On-Chain Exchange Flow#Bitcoin $BTC➡️ $538.6M in⬅️ $557.4M out📉 Net flow: -$18.8M#Ethereum $ETH➡️ $247.8M in⬅️ $245.0M out📈 Net flow: +$2.8M#Tether (ERC20) $USDT➡️ $572.8M in⬅️ $563.6M out📈 Net flow: +$9.2Mhttps://t.co/dk2HbGwhVw — glassnode alerts (@glassnodealerts) December 22, 2022 What This Means For Bitcoin With the FUD around the Binance crypto exchange losing steam already, there is not much to trigger either large inflows or outflows at a time. This is why these top assets are seeing almost identical net flows. The market is still reeling from the contagion of the FTX collapse and traders and investors alike are refusing to take any big bets. Related Reading: Bitcoin Retail Investors Now Hold 17% Of Total BTC Supply, But Is It Good News? The impact of this has been that the price of bitcoin has not seen any meaningful movement. While it continues to maintain its critical support level above $16,500, there has been not much momentum to help it retest the $17,000 resistance level. BTC falls below $16,700 | Source: BTCUSD on TradingView.com Investor sentiment is also holding steady around 28 on the Fear & Greed Index, putting investors out of the misery that is extreme fear but also leaving just enough caution in the market to prevent any panic buying or selling. If momentum fails to pick up, decreased trading volume around the holidays for the next two weeks could push bitcoin below the $16,000 level. If this happens, then the digital asset could end up closing the month of December in the red. BTC is changing hands at $16,690 at the time of this writing. It is down 4.94% in the last 7 days and 0.23% in the last 24 hours. Featured image from Vauld, chart from TradingView.com

Dogecoin rebounded from Wednesday’s decline, as the meme coin moved away from a key support level. Prices have been hovering close to a two-month low in recent days, with today’s surge bringing optimism to remaining bulls. Litecoin was also higher, as the token remained close to a one-week high. Dogecoin (DOGE) Dogecoin (DOGE) was in […]

Intelligence officials that out of $620 million in crypto stolen by North Korean hackers this year, none were related to South Korea.