Crypto News Live Updates Jan 11: Shiba Inu Turns Out To Be Largest Holding In WazirX’s Proof Of Reserves

Crypto News Today Live Updates December and Latest News: (11 January 2023) The global digital asset industry maintained to print green indexes for the straight three days. The biggest cryptos like Bitcoin (BTC) and Ethereum (ETH) prices registered a marginal surge.



Will Bitcoin Price Pumps Ahead Over This Update?

2022 saw investors getting into BTC futures ETFs despite a major drop in Bitcoin price. It mentioned that investors added around $241 million of funds into 6 US bitcoin future ETFs in 2022.

Data shows that investors were still putting their money in the ETFs during the heaviest fall of the crypto market. Around $100 million went into 16 Bitcoin related ETFs by the end of November 30. Most of the funds (Approx $92 million) went into the global X Blockchain ETF. Read More Here….


Coinbase To Wind Up Operations In Japan?

Coinbase Global Inc has decided to cut down its employees in Japan, citing the reason of extreme market conditions, as a part of laying off 20% of the global workforce.

The U.S.-based crypto exchange is headquartered in San Francisco. The announcement of laying off its 950 employees. Read More Here


WazirX Publishes Proof Of Reserves

India’s largest crypto exchange WazirX has released its proof-of-reserves (PoR) and has a reserves-to-liability ratio of over 1:1, the company said on Wednesday. WazirX reports reserves worth $286.10 million, with Shiba Inu (SHIB) token as the highest holding worth almost $54 million. Read More Here…


IMF Executive Subramaniam Highlights Importance Of CBDC

K.V. Subramaniam, executive director at the International Monetary Fund (IMF) and former chief economic adviser to the Government of India in an interview with The Print’s Off The Cuff event on Tuesday, talked about the difference between CBDC and cryptocurrency.

Subramaniam also talked about banks being thought of as just a medium of parceling money however, he says, that it’s the creator. Read More Here…


Voyager Digital Customers To Recover Pre-Bankruptcy Crypto Assets

Voyager Digital customers might recover 51% of crypto assets held before the bankruptcy filing if the sales get approved by creditors.

Judge Michael Wiles of the United States Bankruptcy Court for the Southern District of New York approved the asset purchase agreement deal between Voyager and Binance.US. Read More Here…


XRP Price Jumps By 5%

XRP price has jumped by 5% over the past 24 hours. XRP is trading at an average price of $0.363, at the press time. However, its 24 hour trading volume has dropped by 18% to stand at $1.02 billion.

On Tuesday, Ripple and the US SEC filed their responses in opposition to each other Motions to Seal certain documents. Read More Here…


DCG Lashes Out At Cameron Winklevoss

Winklevoss accused DCG and its CEO Barry Silbert of their poor decision and their $1.2 investments in Three Arrows Capital (3AC), the crypto hedge that imploded last year.

Besides, the Winklevoww twin has made further allegations on DCG for “misrepresenting” their supposed whole and financial situation at Genesis. However, DCG has responded back to Cameron Winklevoss stating that this is a”desperate and unconstructive publicity stunt” from him trying to deflect himself from Gemini. Read More Here…


Crypto Market Maintain Gains

The global digital asset industry maintained to print green indexes for straight three days. The biggest cryptos like Bitcoin (BTC) and Ethereum (ETH) prices registered a marginal surge.

The cumulative digital market is marginally up to stand over $856 billion. While 24 hour trading volume has dropped by 16% to stand at $34.77 billion.


The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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