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Only the most relevalant crypto, bitcoin, and other news for traders. Crypto Trading News Pumps & Signals to keep you ahead of the pack and well informed. #crypto #bitcoin #trading #signals #pumps #news

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Crypto Trading News Bitcoin

Stablecoin volume dominance hits all time high

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FTX gets approval to keep crypto customer names secret for 3 months: Bankruptcy Judge — link

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Coinbase to cut workforce by about 950 employees — link

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U.S. subpoenas hedge funds in probe of crypto exchange Binance — link

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More than $30bn was invested in crypto startups by venture investors in 2022 across 2900 deals — link

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Bankman-Fried pleads not guilty to criminal charges, trial set for October — link
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Microstrategy still buying more bitcoin

#crypto #trading #news

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The number of crypto employments jumped 351% to 82.2K from 18.2K in 2019 — link

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Binance to buy Voyager's assets in deal worth $1.022 billion — link

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SBF charged with wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy and money laundering — link

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Crypto Trading News Bitcoin

Crypto trading volumes have fallen further in the last week as trading activity remains low. Daily trading volumes in BTC spot markets, when excluding Binance, sits 65% below the yearly average.

On November 29, the 7-day average real spot volume in BTC (excluding Binance) reached $510m, lows not seen since October 2020

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Genesis Client Letter Suggests No Imminent Solution to Withdrawal Freeze
The institutional crypto brokerage has been in talks with creditors and potential investors since the collapse of exchange FTX.

https://www.coindesk.com/business/2022/12/07/genesis-client-letter-suggests-no-imminent-solution-to-withdrawal-freeze

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Coinbase Wallet: “You might have noticed you can’t send NFTs on Coinbase Wallet iOS anymore. This is because Apple blocked our last app release until we disabled the feature.”  They claim the iPhone maker “blocked our last app release until we disabled the feature” because Apple wanted the blockchain fees associated with an NFT transfer to go through its in-app purchase system, which requires a 30% cut

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$2.7B worth of crypto has been lost in 2022 to hacks of smart contracts or protocol infrastructure. This represents a 63% increase from last year.

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FTX's Sam Bankman-Fried ordered to appear in a Texas court in February — link

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Bitcoin miners have been selling almost all of their BTC to keep their firms afloat — link

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Binance US cleared to buy crypto lender Voyager out of bankruptcy — link

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Ethereum developers eye February public testnet for Shanghai upgrade — link
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U.S. prosecutors launch website for Bankman-Fried alleged fraud victims — link

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Celsius Network Wins Ownership Rights to Customer Crypto Deposits
A bankruptcy judge rules firm can use $4.2 billion in cryptocurrency deposited with high-interest accounts as it sees fit

https://www.wsj.com/articles/celsius-network-wins-ownership-rights-to-customer-crypto-deposits-11672865422

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Soaring investment, prices and a healthy dose of hype caused many crypto organizations to radically over-hire in 2022

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Biden administration delays tax rules for crypto traders / brokers — link

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FTX founder Bankman-Fried has left Bahamas prison

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Binance proof-of-reserves auditor Mazars pauses all work for crypto clients — link

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US Probes FTX Founder for Fraud, Examines Cash Flows to Bahamas
Scope of inquiry includes transfers around time of bankruptcy
It’s part of broad effort by prosecutors to track client crypto funds

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https://www.bloomberg.com/news/articles/2022-12-10/us-probes-ftx-founder-for-fraud-examines-cash-flows-to-bahamas?leadSource=uverify%20wall

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In November, Bitcoin recorded the largest outflows from exchanges in its history, with net outflows of 91,557 BTC.
Since FTX, centralised exchanges have witnessed a string of outflows as market participants look to safeguard their funds. This is great for crypto. Put your funds in your own hands

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ConsenSys intends to store MetaMask user data for only 7 days

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https://www.theblock.co/post/192468/consensys-says-it-will-store-wallet-and-ip-data-for-seven-days?utm_source=rss&utm_medium=rss

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Wallet Maintenance for BNB Smart Chain (BEP20) - 2022-12-02
https://www.binance.com/en/support/announcement/3dba7a761d0244788758e0a4e750de5f

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Genesis creditors organize in bid to forestall bankruptcy move: Bloomberg —link

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JUST IN: BlockFi has filed for bankruptcy

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