02:52:48 PM IST, 23 January 2024

Crypto News LIVE: Pro-XRP Lawyer Stamps SEC As ‘Money Grab’

John E. Deaton slated the SEC’s speech as a ‘pure money grab’ in a recent post shared on X. Furthermore, the Pro-XRP Lawyer raised questions about the regulatory body’s motives, accusing it of a lack of transparency.

If people haven’t figured it out by now, let me help you: the speech was a pure money grab – nothing more, nothing less.

Whether you believe in #ETH or whether Ethereum is a great technology or ecosystem, is not the point. As I’ve said before, had the @SECGov sued @ethereum… https://t.co/qSuqzKeUsU

— John E Deaton (@JohnEDeaton1) January 23, 2024

02:36:38 PM IST, 23 January 2024

Crypto News LIVE: Bitcoin Whales On A Selling Spree

Recent crypto market data spotlighted by top analyst Ali Martinez portrays that Bitcoin whales sold a staggering 70,000 BTC, worth approximately $3 billion, in the past two weeks.

#Bitcoin whales have sold around 70,000 $BTC over the past two weeks, worth around $3 billion! pic.twitter.com/1yaeIrmkRc

— Ali (@ali_charts) January 23, 2024

02:16:32 PM IST, 23 January 2024

Crypto News LIVE: HashKey Group & OKX Eye Partnership To Facilitate Compliant Virtual Asset Innovation in Hong Kong

As per a report, Hashkey Group, a leading digital assets financial services firm, and OKX, a crypto exchange, recently announced plans to strategically merge forces in Hong Kong. With this, the entities aim to promote compliant virtual asset innovation and industry development nationwide.

02:00:26 PM IST, 23 January 2024

Crypto News LIVE: HTX DAO Unveils Next Batch Of Ecological Builders

In a gust of strategic developments, HTX DAO recently revealed the fourth batch of its ecological builders, Cypher Capital, and the Ape NFT Foundation. Subsequently, APENFT is all set to donate 5% of the same amount of funds as Huobi HTX’s donation, aiding the DAO in its journey across the realm of DeFi.

激动的宣布第四批 #HTXDAO 生态建设者：@cypher_capital @apenftorg

这次合作的实现，得益于Cypher Capital对我们生态系统的支持，以及对交易平台未来潜力的坚定信念。
APENFT将拿出与火币HTX捐助等额资金的5%进行捐助。

目前，我们的生态系统中已加入6个重要建设者。一起期待更多建设者加入~ pic.twitter.com/ENqjuXWH53

— HTX DAO (@HTX_DAO) January 23, 2024

01:41:17 PM IST, 23 January 2024

Crypto News LIVE: Crypto Startup Figure Eyes SEC’s Approval For Interest-Bearing Stablecoins

Crypto and blockchain startup Figure Technologies Inc. is setting its sights on introducing interest-bearing stablecoins following the SEC’s potential approval.

01:18:22 PM IST, 23 January 2024

Crypto News LIVE: Mt Gox To Repay Creditors In Bitcoin, BTC Price Impacted?

Mt Gox, the infamously hacked crypto exchange, recently announced plans to repay its creditors in Bitcoin. Notably, the firm intends to unlock massive amounts of Bitcoin for this repayment over the next two months.

This unlock is expected to hit the crypto market, potentially impacting the BTC price and market sentiments for the upcoming halving.

MtGOX BTC distribution is expected to hit the market over the next 2 months, 200K BTC unlock.

This is in addition to 600K + GBTC repricing.

2024 April halving will reduce annual supply by 160k.

Interesting supply dynamics in play in coming months. pic.twitter.com/0ZNC52YbAH

— Mindao (@mindaoyang) January 23, 2024

01:02:36 PM IST, 23 January 2024

Crypto News LIVE: Coinbase CLO Contends U.S. Treasury’s Crypto Mixing Rule

Coinbase CLO Paul Grewal recently cracked down on the U.S. Treasury’s crypto mixing rule, emphasizing data integrity concerns to optimize regulatory efficiency.

We filed comments today on @USTreasury’s proposed rule on crypto mixing. @coinbase supports effective regulations, but not bulk data collection and reporting requirements for all transactions involving any crypto mixing–even with no indication of suspicious activity. 1/6

— paulgrewal.eth (@iampaulgrewal) January 22, 2024

12:49:43 PM IST, 23 January 2024

Crypto News LIVE: Bitcoin ETFs Net Outflow For Day 7

BitMEX Research recently spotlighted the total net outflow of spot Bitcoin ETFs on Day 7.
As per the data, the net outflow totals $87.5 million while writing. BlackRock, Fidelity, and Bitwise continue to cork the best ETF service providers list.

Bitcoin Spot ETFs Day 7 Flow

Flow data out for all prioviders. Total net outflow for day 7 is $87.5m. Third net outflow day so far.

[1/5] 🧵 pic.twitter.com/VhUeYVu3mE

— BitMEX Research (@BitMEXResearch) January 23, 2024

12:22:04 PM IST, 23 January 2024

Crypto News LIVE: Shiba Inu Whales Reshuffle 4 Tln SHIB

On-chain data for Shiba Inu illustrated a staggering 4.27 trillion SHIB shifted between unknown wallets recently. Notably, these wallets were registered on Bitvavo.

🚨 🚨 4,276,568,835,013 #SHIB (37,950,271 USD) transferred from unknown wallet to unknown wallethttps://t.co/Bw1yGOBvGw

— Whale Alert (@whale_alert) January 22, 2024

12:02:39 PM IST, 23 January 2024

Crypto News LIVE: XRP Whale Offloads 29 Mln To Bitstamp

Amid XRP’s continued price slump, an unknown address offloads 29.1 million XRP to Bitstamp again. The amount transferred totaled $15.45 million while writing.

🚨 29,100,000 #XRP (15,452,481 USD) transferred from unknown wallet to #Bitstamphttps://t.co/rP1P8uYEET

— Whale Alert (@whale_alert) January 22, 2024

11:42:32 AM IST, 23 January 2024

Crypto News LIVE: Trump Backs Vivek Ramaswamy on CBDC Threat

Donald Trump recently stated that Vivek Ramaswamy informed him about the potential dangers of CBDC creation. Agreeing with which, Trump vowed never to let a CBDC into the nation if elected.

I’d be really interested to know if any other #crypto-related conversations have taken place between @VivekGRamaswamy and @realDonaldTrump.

Has Ramaswamy shared his crypto policy vision with him? https://t.co/Vnbxy52bSc

— Eleanor Terrett (@EleanorTerrett) January 23, 2024

11:22:09 AM IST, 23 January 2024

Crypto News LIVE: Top Analyst Foresees XRP Price Rebound

One of the most prominent crypto market analysts, Ali Martinez, eyes an XRP price rebound shortly ahead, propelling market optimism for the token. Meanwhile, the XRP price showcased notable declines in recent days, followed by significant whale offloading activity.

#Ripple Market Insight: The TD Sequential has proven its accuracy in forecasting $XRP’s movements on the 3-day chart. Currently, it’s showing a buy signal, suggesting that #XRP could be gearing up for a rebound. pic.twitter.com/IqfjM0LksJ

— Ali (@ali_charts) January 22, 2024

11:03:24 AM IST, 23 January 2024

Crypto News LIVE: Bitcoin Price Plunges 20% Post ETF Inception

The Bitcoin price appears to have jotted down a remarkable dip following the inception of ETFs within the trading landscape. The token’s price surged up to $49,021 promptly after the SEC’s ETF approval. However, today, the token’s price traded as low as $39,474, as per CoinMarketCap’s data, marking a roughly 20% decrease since that day.

10:42:37 AM IST, 23 January 2024

Crypto News LIVE: U.S. SEC Points Finger At SIM Swapping For X Account Breach

The US SEC stated that it was the prey of a fraudster technique named SIM swapping that resulted in its X account breach right before the Bitcoin ETF approval.

10:17:32 AM IST, 23 January 2024

Crypto News LIVE: Dogecoin Whale Accumulates 166 Mln DOGE, Sparks Speculations

As per recent on-chain data unveiled by the blockchain tracker Whale Alert, an unknown address withdrew 166.20 million DOGE, worth approximately $14 million, from Robinhood amid the meme coin’s price slump.

🚨 166,201,150 #DOGE (14,003,843 USD) transferred from #Robinhood to unknown wallethttps://t.co/8zNLqCTCcn

— Whale Alert (@whale_alert) January 22, 2024

09:57:10 AM IST, 23 January 2024

Crypto News LIVE: Binance Vs SEC Fraud Suit Takes A Thrilling Twist

Following a four-hour long hearing in a Washington courtroom on Monday, U.S. District Court Judge Amy Jackson cracked down on the U.S. SEC’s stance on digital assets that the regulatory body classifies as securities. Meanwhile, Binance appears to be leveraging the judge’s ruling.

09:31:46 AM IST, 23 January 2024

Crypto News LIVE: Shiba Inu Burn Rate Rockets 400% As Community Shifts SHIB To Dead Wallet

The Shiba Inu crypto community transferred a staggering 100 Million SHIB to a dead wallet again. With this, the SHIB burn rate marks a 447.16% upswing, propelling market optimism for the token.

HOURLY SHIB UPDATE$SHIB Price: $0.00000903 (1hr 0.73% ▲ | 24hr -1.91% ▼ )
Market Cap: $5,309,211,983 (-1.90% ▼)
Total Supply: 589,291,998,065,749

TOKENS BURNT
Past 24Hrs: 146,261,497 (447.16% ▲)
Past 7 Days: 273,146,187 (-97.1% ▼)

— Shibburn (@shibburn) January 23, 2024

09:16:46 AM IST, 23 January 2024

Crypto News LIVE: FTX & Celsius Move Staggering Amounts Of ETH To CEXs

As per on-chain metrics spotlighted by Spotonchain, Celsius moved 15, 200 ETH to Coinbase and FalconX, whereas, FTX shifted 1000 ETH to Wintermute trading. The total number of ETH moved to CEXs equaled a whopping $38.35 million.

Both #Celsius and #FTX moved out $ETH in the past 10 hours!

1. #Celsius Network deposited 15,200 $ETH ($36.04M) to #Coinbase and #FalconX in the past 10 hours.

Currently, Celsius still has 557,081 $ETH ($1.3B) in 2 staking wallets.

2. #Alameda Research (FTX) moved out 1,000… pic.twitter.com/T0lXkBJEXt

— Spot On Chain (@spotonchain) January 23, 2024