FTX has recovered $5 billion in assets
FTX has recovered more than $5 billion in different assets, not including another $425 million in crypto held by the Bahamas, a bankruptcy attorney said during a hearing Wednesday. FTX’s total liabilities range from $10b to $13b, meaning creditors could recover around 40%.
— Wu Blockchain (@WuBlockchain) January 11, 2023
The XRP Network is up 6.2% in the past 24 hours while the majority of crypto has declined today
📈 #XRPNetwork is +6.2% the past 24 hours while the majority of #crypto has declined today. In part, this is due to a major pump in address activity over the past week. We have also seen a pattern of big social dominance spikes leading to $XRP price gains. https://t.co/Pw4BIVCew7 pic.twitter.com/1c0QRWXUC7
— Santiment (@santimentfeed) January 11, 2023
Binance now approved in Sweden
Swedish FSA grants #Binance seventh regulatory approval in EU 🇸🇪https://t.co/i43258Csry
— CZ 🔶 Binance (@cz_binance) January 11, 2023
Binance announced its registration with the Swedish Financial Supervisory Authority on 10 January 2023, making Sweden the seventh EU member state to which Binance has been authorized, following France, Italy, Lithuania, Spain, Cyprus and Poland. https://t.co/vXZMSczogj
— Wu Blockchain (@WuBlockchain) January 11, 2023
The NFT market saw a noticeable decline in volume in 2022
The 2022 #NFT market has seen a decrease in volume.👇
— CoinMarketCap (@CoinMarketCap) January 11, 2023
Yet, the drop-off in #NFT trading volume as compared to the smaller drop-off in #NFT transactions shows that people are still using NFTs and that the downturn is just
a broader market trend.
Details: https://t.co/ljUtR7ldAr pic.twitter.com/lkJSKPxUKi
Robinhood to end support for Bitcoin SV
Breaking: Robinhood issued an email to users stating that it has decided to end support for Bitcoin SV (BSV) on January 25 based on latest review. After the deadline, any BSV still in Robinhood Crypto account will be sold for market value. BSV has lost 7% in 1 hour. pic.twitter.com/lh6YKjHUKL
— Wu Blockchain (@WuBlockchain) January 11, 2023
More than 16,000 students learned about Bitcoin in 2022 with Michael Saylor’s Academy
NEW: More than 16,000 students learned about #Bitcoin in 2022 with Michael Saylor’s Academy
— Bitcoin Magazine (@BitcoinMagazine) January 10, 2023
The future is bright 🙌 pic.twitter.com/bIWfdtP6Hu
Alameda made a $1.1 Bln investment in Bitcoin Miner Genesis Digital
Alameda Made $1.1 Bln Investment in Bitcoin Miner Genesis Digital, Sources Say — WSJ
— *Walter Bloomberg (@DeItaone) January 11, 2023
More Than $500 Mln of Alameda Cash Went to Genesis Digital Founders, Sources Say — WSJ
Genesis Digital Is Among Largest Assets in FTX-Alameda Bankruptcy — WSJ
Bitcoin’s dominance by volume has sharply decreased
#Bitcoin’s dominance by volume has sharply decreased recently and has touched a value of just 16%. This is the lowest value $BTC has observed since 2021 pic.twitter.com/NvGlRNQ3IU
— Satoshi Club (@esatoshiclub) January 11, 2023
US Dollar Money Supply annual inflation has temporarily stopped expanding
US Dollar Money Supply annual inflation temporarily stopped expanding for the first time (due to high inflation!) since leaving the gold standard in 1971.
— Root 🥕 (@therationalroot) January 11, 2023
Reminder ‼️: you need to increase your after-tax cash flow over 7% a year just to keep up with average US Dollar inflation. pic.twitter.com/6reyjITMz1
The UK still wants to become a crypto hub despite FTX’s collapse
1/ Great leadership from UK City Minister @griffitha who yesterday told MPs that he still wants the UK to become a crypto hub despite FTX collapse. https://t.co/K3CuBSem3n
— Brian Armstrong (@brian_armstrong) January 11, 2023
2/ The UK is a well-regulated, technologically advanced financial hub and there remains a place for crypto assets within this. Impressive long-term thinking – I think we'll see every other major financial hub follow suit.
— Brian Armstrong (@brian_armstrong) January 11, 2023
Amazon (AWS) partners with #Avalanche to scale blockchain adoption
JUST IN: Amazon (AWS) partners with #Avalanche to scale blockchain adoption.
— Watcher.Guru (@WatcherGuru) January 11, 2023