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Crypto news in 2023.12.22.

Crypto news in 2023.12.22.
Crypto news in 2023.12.22.

  • The price of Bitcoin was around $46,000 on December 22, 2023. The price of Ethereum was around $3,500.

  • The market capitalization of cryptocurrencies was $2.6 trillion on December 22, 2023.

  • The U.S. Securities and Exchange Commission (SEC) announced that it had charged a former employee of Coinbase with insider trading. The employee is alleged to have used confidential information to trade cryptocurrency before it was publicly announced.

  • The Central Bank of Russia (PBoC) announced that it would continue to crack down on cryptocurrency mining and trading. The PBoC said that it would take "further measures" to regulate the cryptocurrency industry.

Based on the crypto news that appeared on December 22, 2023, it seems that the crypto market is starting to cool off. The price of Bitcoin fell by about 2% on the day, and the market capitalization of cryptocurrencies fell by about 5%.

The SEC's insider trading charge is a reminder that cryptocurrency is still a risky asset. The PBoC's continued crackdown on cryptocurrency is also a sign that regulators are still concerned about the potential risks associated with cryptocurrency.


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