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Crypto News Today Live Updates December and Latest News: (23 December 2022) The global digital asset market saw a marginal recovery on Friday Morning. The biggest cryptos like Bitcoin and Ethereum registered minor gains. However, the biggest meme crypto Dogecoin price is up by 6% in the last 24 hours.
The total crypto market cap is marginally up by 0.3% over the past day. It stands at $812 billion. The 24 hour trading volume is up by 20% to stand at $29. billion.
Crypto News Today Live Updates
Chainalysis's CEO Comments On Proof Of Reserves
In an interview with Bloomberg, Michael Gronager, CEO of Chainalysis talks about crypto regulation and proof of reserves. When asked about proof of reserves, he said that the main problem is that “we also need to prove liabilities” and liabilities are much harder to prove.
Gronager says that crypto has a unique level of transparency possible in the blockchain and one can see all funds moving everywhere. On the FTX debacle and fraud, he said it’s all an example of old finance and in the coming year things will become more transparent.
Ripple Files Motion To Seal Doc In XRP Lawsuit
Ripple has filed its Motion to Seal certain documents filed in connection with the Motions for Summary
Judgment. Read more here…
Dogecoin Price Spikes By 6%
The largest meme crypto token, Dogecoin price takes a leap of 6.50% in the last 24 hours. Dogecoin is trading at an average price of $0.078, at the press time.
The market cap for Dogecoin is currently at 10.538 billion USD. Trading volume is seeing a rise of 140.08%.
Crypto Market Remains Stable
The global digital asset market saw a marginal recovery as the biggest cryptos like Bitcoin and Ethereum registered minor gains.
The total crypto market cap is marginally up by 0.3% over the past day. It stands at $812 billion. The 24 hour trading volume is up by 20% to stand at $29. billion.
