Crypto News Today Live Updates December and Latest News: (24 January 2023) The digital asset market continues to register broad recovery since the beginning of 2023. The biggest cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) prices have surged by over 35% each over the past 30 days. At the same time, the cumulative market cap has breached the $1 trillion mark.
BlockFi Plans To Sell $160 Mln Of Loans
Bankrupt crypto lender BlockFi Inc. plans to sell about $160 million of loans backed by around 68,000 Bitcoin mining machines. Some of the loans have already defaulted and appear to be undercollateralized given the current prices of rigs.
Crypto Market Continues Broad Recovery
The digital asset market continues to register a broad recovery After dealing with a long period of high selling pressure. The cumulative market cap has breached the $1 trillion mark as cryptos like Bitcoin (BTC) and Ethereum (ETH) prices have surged by over 35% each over the past 30 days.
