We just had a bullish month after a long bearish period. But this isn’t problem-free. Let’s check January 2023 in the crypto world.
Genesis is now officially bankrupt, while CoinDesk is exploring its sale options. Both brands belong to DCG, now in trouble.
BitcoinBitcoin is the first decentralized digital currency. It was created in 2009, by an anonymous founder or group of founders... price rise to $20K co-occurred with an increase in difficulty for miners, and market sentiment emerged from “fear” for the first time in 9 months.
Crypto conglomerate DCG is facing huge issues with its lender division, Genesis. Huobi and Binance have their own problems too.
BitcoinBitcoin is the first decentralized digital currency. It was created in 2009, by an anonymous founder or group of founders... reached $17K again. However, the entire crypto market is still in fear, and the future doesn’t seem very clear for now.
FTX, BNB, and Ronin Network staged the most significant losses in the crypto and DeFi industry in 2022, according to reports.
This year, it’s the turn of Italy, the UK, and Israel to bring more taxes and rules for the crypto industry. What can we expect next?
Not everything was bad in 2022, and 2023 comes with new promises. But before that, let’s take a tour around Crypto in 2022.
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