- Bitcoin continues to fluctuate below $17,000.
- The Bitcoin Miner Sell Pressure indicator is on the rise! We are witnessing one of the biggest sales of miners for almost 7 years.
- Genesis executives are still seeking funding as withdrawals are still on hold following the collapse of FTX.
- To date, FTX's debts to the top 50 lenders are estimated at $3 billion.
- CoinMarketCap and CoinGecko now display the reserves of certain exchanges.
- Binance has allocated $1 billion in the Web3 Industry Recovery Fund. Binance has overtaken Coinbase to become the largest BTC reserve holder.
- The winter of the cryptocurrency market also impacts companies in the sector listed on the stock exchange. The stock exchange Coinbase (COIN) is currently at $41, the all-time low since it was listed at $370 in April 2021.
- ConsenSys, developer of MetaMask, has updated its privacy policy. From now on MetaMask will collect your data when sending a transaction (the IP address in particular).
- Following the G20 gathering in Bali, leaders came to the serious conclusion that there should be stricter global cryptocurrency regulation.
- Meanwhile, China invents expiry date money. If you don't spend it, it expires.
