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Crypto News Today Live Updates December and Latest News: (15 December 2022) The global crypto market printed red indexes on Thursday morning. The cumulative market cap is down by over 1.07% over the past day. However, this dip has been registered in contrast to rates being hiked by the US Federal Reserve System (Fed).
Crypto News Today Live Updates
Gemini exchange’s 5.7 Million User details leaked
As per reports, the Gemini Exchange has suspected that over 5.7 million user information was leaked. An official mentioned that this was the result of a supplier incident. This has attacked the collection of Gemini customers’ email and some phone numbers, please be vigilant against phishing activities.
US Federal Reserve Hikes Rates By 50 basis points
The U.S. Federal Reserve has recently an interest rate hike of 50 basis-points. This comes after a string of interest rate hikes of 75 basis-points were officially published throughout the year. However, a lower interest rate was already anticipated by many because the Federal Reserve Chair, Jerome Powell, earlier announced the rate hikes would be lowered in December of this year. The announcement has been negatively received by the crypto market, at the time of writing.
Crypto Market Tumbles
The global crypto market printed red indexes on Thursday morning. The cumulative market cap is down by over 1.07% over the past day. However, this dip has been registered in contrast to rates being hiked by the US Federal Reserve System (Fed).
The global crypto market cap is down by 1.07% to stand at $861 billion. The 24 hour trading volume is down by 13% to stand at $45.8 billion.
