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Litecoin (LTC) Drops 10.7% This Month, Elon Musk to Talk to DOGE Army, while Snowfall Protocol (SNW) Takes Over the Crypto Market

Place/Date: - December 29th, 2022 at 1:23 pm UTC · 4 min read Source: Snowfall Protocol The year 2022 is almost finished, and it has left the crypto sector in serious decline. The decline in value of many cryptocurrencies this year won’t be reversed.Read ahead to know

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Privacy Coins Take a Beating This Year Losing Over $6 Billion, Anonymity Takes a Back Seat to Defi, NFTs – Altcoins Bitcoin News

The last 12 months have been tough on digital currency investors as the crypto winter has caused a large sum of value to leave the once-bustling economy. The privacy coin economy, for instance, shed more than 55% against the U.S. dollar as it dropped from $11.7 billion in Jan. 2022

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Total crypto market cap takes another hit, but traders remain neutral

The total cryptocurrency market capitalization dropped 8.1% in the past two days after failing to break the $880 billion resistance on Dec. 14. The rejection did not invalidate the 4-week-long ascending channel, but a weekly close below $825 billion will confirm a shift to the lower band and reduce the support

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New OECD report takes lessons from crypto winter, faults ‘financial engineering’

The Organisation for Economic Cooperation and Development (OECD) analyzed the crypto winter in a new policy paper titled “Lessons from the crypto winter: DeFi versus CeFi” released Dec. 14. The authors examined the impact of the crypto winter on retail investors and the role of “financial engineering” in the industry’s

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