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In the early hours of December 17, the cryptocurrency market experienced a new downturn, wiping out all the gains made over the past week. Top Cryptocurrency Price Movements at 08:35 AM on December 17, 2022. Source: Coin360 What was anticipated to be a week of recovery for Bitcoin and
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The Federal Reserve has followed through on its commitment to moderate interest rate hikes, as inflation appears to be coming under control. Fed Increases Rates by 0.5%, Bitcoin Experiences Fluctuations In the early hours of December 15, the Federal Reserve announced its final interest rate adjustment for 2022, raising
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Sui Foundation has recently unveiled its token distribution plan, allocating 6% of the SUI tokens for user airdrops. Sui Reveals Token Allocation and Airdrop Rewards In the early hours of December 15 (Vietnam Time), Sui Foundation officially announced its SUI token distribution plan. 🎉Rounding out 2022, we’re excited to
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The fan token for Argentina’s national football team (ARG) has surged by 70% following Lionel Messi and his teammates securing a spot in the FIFA World Cup final. Argentina Fan Token Jumps 70% After World Cup Final Qualification Argentina's national team clinched its place in the FIFA
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Mithril, a blockchain-based social network on the BNB Chain, has demanded a refund of approximately $53 million from Binance, after the exchange unexpectedly decided to delist the MITH token on December 15. Update - December 16: By 2 PM on December 16, CZ officially responded to Mithril's request.
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Tether (USDT), the issuer of the popular stablecoin, has announced its intention to completely eliminate all secured loans by 2023. Tether Plans to Eliminate All Secured Loans by 2023 In an interview with The Wall Street Journal on December 13, Tether revealed that its secured loans currently amount to $6.
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The Commodity Futures Trading Commission's (CFTC) assertion that Ethereum (ETH) is a commodity is fueling optimism about a brighter future for the project. On December 13, the CFTC reaffirmed Ethereum's status as a commodity in a court filing related to the FTX case. This declaration builds
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The price of HOOK tokens has plunged nearly 20% following the announcement that the project will transfer locked tokens to Binance Custody. HOOK Drops After Decision to Transfer 100 Million Tokens to Binance On the afternoon of December 9, Hooked Protocol announced it would be transferring 100 million HOOK tokens
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In response to a significant liquidity drain from its platform, Binance has temporarily halted USDC withdrawals. Meanwhile, Binance's stablecoin, BUSD, has unexpectedly depegged from its $1 value and is yet to fully recover. BUSD Slightly Depegs as Binance Suspends USDC Withdrawals Due to Liquidity Crunch Update Late December
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On the evening of December 13, the U.S. released its November Consumer Price Index (CPI) data, a key measure of inflation for the world’s largest economy, leading to a positive bounce in the cryptocurrency market. Bitcoin Rebounds to $18,000 as U.S. Inflation Cools in November As
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Bitcoin mining heavyweight Argo Blockchain might be on the verge of filing for bankruptcy, according to leaked internal communications. Argo Blockchain Faces Bankruptcy Rumors Argo Blockchain, a prominent player in the Bitcoin mining space, has reportedly accidentally disclosed its bankruptcy filing plans. This news was shared by Will Foxley, Director
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Machine (EVM) solution tailored for Solana developers, has officially launched its mainnet as of today, December 12. Neon Labs is the first Ethereum Virtual Machine designed specifically for the Solana ecosystem. It uses the NEON token for transaction fees and governance participation. What is Mainnet? In essence, an EVM is
