Top Crypto Market Highlights December 31, 2022

Top Crypto Market Highlights December 30, 2022

“Ending 2022 with many turbulence and difficulties in the crypto market, Coincu would like to sincerely thank our readers for following and supporting us over the past year.“
Coincu News

Top Crypto Market Highlights News Of The Day

BlackRock Is The Largest Creditors Of Bankrupt Bitcoin Miner Core Scientific

BlackRock is one of the creditors that lent money to Bitcoin miner Core Scientific so it could continue to run while it was filing for bankruptcy. For more specific information, you can read the article below:

https://news.coincu.com/157004-blackrock-is-creditors-of-core-scientific/

Dogecoin Drops 13% On Rumors Of An Ethereum-Like Merger

Rumors that Dogecoin may switch to a more energy-efficient proof-of-stake architecture, similar to Ethereum’s long-awaited merger in September, are circulating again on social media, prompting one of Dogecoin’s primary engineers to deny that any substantial change is imminent. With a nearly $9.3 billion market cap, Dogecoin remains the second largest proof-of-work cryptocurrency, trailing Bitcoin’s $316 billion market cap. For more specific information, you can read the article below:

https://news.coincu.com/157020-dogecoin-drops-13-ethereum-like-merger/

Valkyrie Ready To Fund Grayscale Bitcoin Trust In Crisis

Valkyrie Investments said it has a proposal for Digital Currency Group’s struggling Grayscale Bitcoin Trust and is ready to become a sponsor and manager of the fund. For more specific information, you can read the article below:

https://news.coincu.com/157006-valkyrie-ready-to-fund-gbtc/

Binance.US $1 Billion Acquisition Of Voyager Digital Under Review

According to court documents, the Committee on Foreign Investment in the United States (CFIUS) may review an arrangement between Binance.US and the insolvent crypto lender Voyager Digital. For more specific information, you can read the article below:

https://news.coincu.com/157008-binanceus-acquisition-under-review/

FTX Debtors Now Fighting To Get Their Forfeited Money Back From The Bahamas Government

For the interest of creditors, FTX Trading and its affiliated debtors announced on Friday that they would seek the restoration of cryptocurrency held by the Bahamas Securities Commission to their chapter 11 estates. For more specific information, you can read the article below:

https://news.coincu.com/157010-ftx-debtors-claiming-bahamian-forfeiture/

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

Coincu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.