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Crypto News Today Live Updates December and Latest News: (24 January 2023) The digital asset market continues to register broad recovery since the beginning of 2023. The biggest cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) prices have surged by over 35% each over the past 30 days. At the same time, the cumulative market cap has breached the $1 trillion mark.
Crypto News Today Live Updates
Why SEC May Actually Lose XRP Lawsuit?
LBRY Vs SEC lawsuit will be having a hearing in the US district court. John Deaton, Amicus Curiae in the XRP lawsuit expects that the fresh hearing LBRY case anticipates that this event is going to be one of the most crucial events for the crypto industry.
However, the US SEC received the Summary Judgment in its favor against LBRY on November 21, 2022. Since then LBRY lawsuit has been compared with the XRP lawsuit in pursuit of regulatory clearance. Read More Here…
FBI Reveals Group Behind $100 Mln Harmony Bridge Hack
FBI published a report confirming that two groups linked to North Korea were responsible for the $100 million hack of the Harmony Bridge last year in June 2022.
The notorious Lazarus Group and APT38 outfits were responsible for attacking and stealing from the US-based blockchain specialist. The Horizon software allowed users to move their digital assets to different blockchain networks. Read More Here…
Bitcoin To Face Selling Pressure Ahead?
As per data from Glassnode, short-term investors have seen a dramatic surge in the coins held in profit during the recent BTC price rally.
A staggering 97.5% of short-term holders are currently in profit which might lead to a profit booking going ahead. In their latest report, Glassnode mentions, Read More Here…
BlockFi Plans To Sell $160 Mln Of Loans
Bankrupt crypto lender BlockFi Inc. plans to sell about $160 million of loans backed by around 68,000 Bitcoin mining machines. Some of the loans have already defaulted and appear to be undercollateralized given the current prices of rigs.
Crypto Market Continues Broad Recovery
The digital asset market continues to register a broad recovery After dealing with a long period of high selling pressure. The cumulative market cap has breached the $1 trillion mark as cryptos like Bitcoin (BTC) and Ethereum (ETH) prices have surged by over 35% each over the past 30 days.
