Author: e_cash_top

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[ad_1] As the bear market trend continues, affecting all major coins, and Bitcoin’s 60% decline from the start of the year, since July 2022, there has been little change in its illiquid supply. 66% of Bitcoin’s circulating supply, i.e., 12.26 million BTC, hasn’t moved for a year, according to Glassnode data. This level is the…

Gemini formed an ad hoc committee to advocate for a solution for Earn users amid suspension of withdrawals

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[ad_1] In order to resolve the ongoing issues and redeem funds for its earn users, Gemini has formed an ad hoc committee with other creditors. Earn Update: On Saturday (December 3, 2022), Gemini formed an ad hoc committee with other creditors (Creditor Committee) to coordinate efforts and advocate together for a resolution. — Cameron Winklevoss…

Twitter rumors of crypto integration circulating

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in Guides

[ad_1] Twitter may be considering integrating cryptocurrency payments and potentially creating its native coin, according to code extracted from a recent version of the Twitter Web App by Security Researcher Jane Manchun Wong. Famed for researching codes on Twitter, Wong’s Twitter account was allegedly suspended shortly after sharing a “Twitter Coin” vector image and a…

Dropping outflows across short-Bitcoin products indicate positive sentiment

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in Uncategorized

[ad_1] The decreasing outflow volumes across short-Bitcoin products could be an indication of improving fundamentals as opportunistic investors rush to buy the dip. On the other hand, digital asset investment products (mostly comprising short products) saw outflows totalling $7.5 million, while long products recorded $3.3 million. Despite weeks of ravaging capitulation and negative Bitcoin sentiments…

USDC Issuer Circle terminates plans to go public

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[ad_1] Circle, the cryptocurrency firm behind the stablecoin USDC, has reportedly terminated plans to go public after canceling its special purpose acquisition company (SPAC) transaction with Concord Acquisition Corp. The two companies decided to terminate a planned business combination proposal that was going to pave way for an initial public offering. According to reports, the…

15% of 1inch token supply worth over $100 million to be unlocked on Dec. 30

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[ad_1] About 15% of the 1INCH token total supply will be unlocked on Dec. 30, according to the Token Unlocks dashboard. According to the blockchain analytical platform, 888,750,000 (59.25%) of 1INCH tokens are currently locked –the dashboard shows that 222,187,500 (worth $111.426 million) 1INCH tokens would be unlocked on the last day of this year.…

MetaMask IP collection backlash is blown out of proportion

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[ad_1] The co-founder of endpoint provider Infura, Michael Wuehler, said the fuss about MetaMask collecting IPs is “vastly blown out of proportion.” Agree.. it’s also incredible for millions to install MM and instantly witness and participate in web3. Our knowledge of IP address data and somehow exploiting that is vastly blown out of proportion. Simple…

Sam Bankman-Fried may not testify before US Congress on Dec. 13

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[ad_1] FTX founder Sam Bankman-Fried may not testify before the U.S. House Committee on Financial Services on Dec. 13 because he is still “learning and reviewing what happened” at the bankrupt exchange. Rep. Waters, and the House Committee on Financial Services: Once I have finished learning and reviewing what happened, I would feel like it…

Market turns green as Litecoin leads large caps

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in Uncategorized

[ad_1] The cryptocurrency market cap saw net inflows of $8.95 billion and currently stands at $868.98 billion — up 1.04% from $857.03 billion over the reporting period. Since the weekend, Bitcoin’s market cap increased by 1.5% to $332.08 billion from $327.06 billion. While Ethereum’s market cap increased by 0.5% to $158.54 billion from $157.74 billion.…

KuCoin announces third-party PoR verification procedures

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