Saturday, December 3, 2022
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Bitcoin ‘millionaire’ wallets drop 80% in year of BTC price bear market

Bitcoin (BTC) millionaires are becoming an increasingly rare breed as numbers fall 80% in a year.According to the latest data from on-chain analytics firm Glassnode, there are now just 23,000 wallets with a BTC balance worth $1 million or more.1 year, 90,000 fewer million-dollar BTC walletsIn yet another indication of

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Supply of Tokenized Bitcoin Dropped Significantly Since the Start of the Year – Blockchain Bitcoin News

This year, the number of tokenized bitcoins hosted on alternative blockchains like Ethereum, has dropped a great deal. Last January the number of wrapped bitcoin (WBTC) issued on the Ethereum blockchain was around 266,880 WBTC and since then, the number has dropped by more than 15% down to 225,962 WBTC.

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Bank of Japan to Launch Digital Yen Pilot Program Next Year – Blockchain Bitcoin News

The Bank of Japan is preparing to run a test trial of its own central bank digital currency (CBDC), the digital yen, with help from three top banks and regional institutions. The pilot program, estimated to last two years, will focus on testing the currency via several transactions, and experimenting

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Bitcoin Shakes Off the Bears and Aims for $20,000 By End Of Year

Bitcoin remains rangebound, hovering around its yearly lows, with some short timeframe bullish momentum. The cryptocurrency suffered amid the FTX’s collapse and the subsequent contagion, but market participants seem more optimistic about potential profits.  As of this writing, Bitcoin has retraced back to yesterday’s highs. The BTC’s price is trading at

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Metaverse Could Add $1.4 Trillion a Year to Asia’s GDP – Metaverse Bitcoin News

Deloitte estimates the metaverse could add $1.4 trillion to Asia’s GDP annually by 2035. Noting that the metaverse market could be as large as $13 trillion by 2030, the global financial services firm said: “The metaverse is no longer science fiction. Early metaverse platforms are already being used by millions.” Deloitte’s

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Aussie treasurer promises crypto regulation next year amid FTX debacle

The Australian government has doubled down on its commitment towards a robust regulatory framework for crypto following the catastrophic collapse of FTX last week.A spokesperson for Australian Treasurer Jim Chalmers said the Treasury said it is now planning on regulations to improve investor protection next year, according to a Nov.

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