Crypto News Today Live Updates December and Latest News: (25 January 2023) The digital asset market printed red indexes on Thursday morning. This decline comes after a good green run registered since the beginning of 2023. The biggest cryptos like Bitcoin (BTC) and Ethereum (ETH) prices dropped by 2% and 5%, respectively.
Bitcoin Drops for the Second Consecutive Day
After registering its largest winning streak with 15 consecutive days of gains, Bitcoin has finally changed course.
It is for the second consecutive day that the BTC price had ended in the negative. As of press time, Bitcoin is trading at a price of $22,635 and a market cap of $446 billion.
Celsius To Repay Creditors By Issuing New Token
Celsius in court on Tuesday, the crypto-lending firm is contemplating the issuance of a new digital asset token in order to compensate creditors as part of its proposal to reorganize & emerge from bankruptcy; as an upcoming regulated cryptocurrency platform.
During a video-court hearing, the attorney for the company, Ross M. Kwasteniet, stated that reorganizing Celsius into a publicly traded company that is properly licensed would bring in more money for creditors, Read More Here…
Crypto Market Crashes
The digital asset market printed red indexes on Thursday morning. This decline comes after a good green run registered since the beginning of 2023. The cumulative market cap has dropped by 3.13% over the past day to stand at $1.02 trillion. Its 24 hour trading volume is marginally down to stand at $56.7 billion.
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