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2022 is on the verge of disappearing forever, and Live Bitcoin News is looking back one last time on the biggest digital currency stories of the year. The Bitcoin Price The biggest story of 2022 revolved around how poorly bitcoin did. What was once one of the largest and most worthwhile assets around sank to the bottom of a deep financial pit, and the currency has refused to get up. In November of last year, for example, the world’s number one digital currency by market...

It’s no secret that wash trading continues to plague the crypto market. A paper titled “Crypto Wash Trading,” published by the National Bureau of Economic Research (NBER), found that an overwhelming number of unregulated crypto exchanges account for a sizeable portion of wash trades. The nonprofit research organization studied 29 major exchanges, such as Binance, Coinbase, and Huobi, as well as lesser-known exchanges from a period of July 9th to November 3rd, 2019. Wash...

For better or worse, 2022 is about to end, and the bitcoin bulls are in a hurry to send this rather violent year packing. The asset’s price tumbled amid macroeconomic hurdles, industry collapses and scams, and everything in between. The micro scale doesn’t give much hope either, as BTC slipped to a new 10-day low of way below $16,500 yesterday. Bitcoin’s Nightmare Year Comes to an End After the massive bull market of 2021, in which bitcoin skyrocketed to an all-time high of...

Emiliano Grodzki has stepped down as CEO of leading Bitcoin mining firm Bitfarms, joining a long list of crypto executives who resigned from their positions amid the bear market this year. The mining company named Geoffrey Morphy as its new CEO, promoting him from his role as president and chief operating officer (COO). “Our foundational work over the last years built the strength and depth of skills we needed to navigate external factors. I’m even more optimistic today...

The last week of 2022 ends with a bang but not in terms of price action, which remains as dull as possible. However, it was marked by multiple events, so let’s dive in. First things first, Michael Saylor’s MicroStrategy seems far from being done with buying BTC. The company revealed another purchase of more than 2,000 bitcoins, bringing its total to more than 132K. It’s also worth noting, though, that the company also sold around 700 BTC for the first time ever – for tax...

[PRESS RELEASE – Please Read Disclaimer] In early December, the cryptocurrency exchange MEXC announced that its futures business made a significant breakthrough in 2022, with an average daily trading volume growth of 1200%. This data can be verified from third-party public data. On December 20, CoinMarketCap’s data showed that among the main exchanges, the daily trading volume of MEXC’s futures reached $2.4 billion, ranking fourth globally. The main reason for the growth of...

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