| 📈 30 Second Cryptocurrency Price Summary | Current Bitcoin Price: $17,172 | Bitcoin price has reclaimed the $17,000 mark once again, trading within a small range above the level over the last 24 hours. | Top-20 altcoins have seen small gains, as Ethereum and a handful of other tokens (Solana, Uniswap, Avalanche) rise 2%, while BNB advances 1%. | Top Stories for December 9, 2022 🔥 | | Three US lawmakers have introduced legislation that would require the Environmental Protection Agency (EPA) to report on the energy usage and environmental impact of crypto miners. | California Representative Jared Huffman and Massachusetts Senator Ed Markey said that Bitcoin miners consumed roughly 1.4% of the US's electricity. The lawmakers introduced the Crypto-Asset Environmental Transparency Act to instruct the EPA to report on mining activity consuming more than five megawatts. | The bill cited concerns over climate change and claimed miners cause "noise and water pollution". | | Crypto exchange Bybit has announced that it will require updated Know-Your-Customer (KYC) verification checks for certain products from December 15th. | This will apply to one-click buys, fiat deposits, and peer-to-peer trading, as well as NFT purchases and sales of over $10,000 on the secondary marketplace. Compulsory KYC for NFT deposits, withdrawals, and purchases on the primary marketplace will be enforced from December 30th. | The exchange has also stated that it may further expand its KYC requirements in the future. | | Digital asset manager Grayscale Investments has launched a decentralized finance (DeFi) fund that is trading on over-the-counter markets. | The new DeFi fund is designed to give investors exposure to a basket of digital assets via a single investment vehicle on the stock market, rather than buying the cryptocurrencies directly. It tracks the CoinDesk DeFi Index. |
|
Publish on beehiiv