Crypto News Today Live Updates November and Latest News: (23 November 2022) The global digital asset market registered a broad recovery on Wednesday after a constant collapse.
The cumulative crypto market cap regained the crucial $800 billion level. It now stands at $820 billion. The 24 hour trading volume is up by around 2% to stand at $64 billion.
Crypto News Today Live Updates
225 Million XRP Moved By Whales
XRP, Ripple’s native token price has jumped by around 6% as the crypto market saw a broad recovery on Wednesday.
According to data provided by WhaleAlert, crypto whales have moved more than 225 million XRP tokens on and off the crypto exchanges.
Litecoin Price Skyrocket By 29%
Litecoin price rise of 29% draws a lot of eyeballs toward the crypto market.
As per the recent report after the FTX crash in the past 2 weeks, addresses holding 1k to 100k $LTC bags $43.4M in coins.
Shiba Inu Records Trillions In Whale Accumulation
Whales accumulated over 1 trillion Shiba Inu tokens in the last 24 hours, with trading volume also reaching to trillion. The move comes as the World Economic Forum invites Shiba Inu to work together as part of metaverse (MV) global policy.
What Happened In FTX First Bankruptcy Hearing
On day one of the bankruptcy hearing of FTX, the company’s lawyers successfully transferred the case to Delaware.
FTX’s lawyers hired to handle the reorganization made an urgent filing last week to secure the move to the United States.
James Bromley, FTX counsel refers to this case as “What we are dealing with is a different sort of animal.”
Furthermore, it was added that “Unfortunately, the FTX debtors were not particularly well run, and that is an understatement.”
Binance CEO “CZ” bullish on crypto recovery
Binance CEO “CZ” has acknowledged with other industry leaders that the FTX crash sets the industry a few years back.
CZ remains bullish on the crypto market and claims the industry will recover quickly and become stronger.
Crypto News Live: Cathie Wood Predicts Bitcoin Price
Cathie Wood, Ark Invest founder is still bullish on the Bitcoin price prediction amid constant collapse.
In an interview with Bloomberg Markets, Cathie Wood cleared her perspective on Bitcoin price prediction. Wood asserted that She is going to hold her Bitcoin forecast of hitting $1 million per coin by 2030.
Industry Reacts To New York’s 2-Year Crypto Mining Ban
New York Governor Kathy Hochul signed the most controversial law on regulating cryptocurrency mining. The law imposed a two-year moratorium on new permits for proof-of-work (PoW) crypto-mining companies powered by fossil fuels.
The crypto community lobbied strongly against the bill banning PoW crypto mining in New York and several crypto influencers and legislators disagreed that the move will reduce carbon emissions.
Crypto News Live: Ethereum price surges by 5%
Ethereum prices have jumped by more than 5% over the past 24 hours. ETH is trading at an average price of $1,160, at the press time. Its 24 hour trading volume stands at $12.7 billion.
Crypto News Live: Bitcoin price up by 4%
Bitcoin price is up by over 4% in the last 24 hours. BTC is trading at an average price of $16,460, at the press time. Its 24 hour trading volume stands at $32.6 billion.
Crypto News Live: Crypto market registers recovery
The global digital asset market registered a broad recovery on Wednesday after a constant collapse.
The cumulative crypto market cap regained the crucial $800 billion level. It now stands at $820 billion.