Bitcoin Ethereum News Live Updates and Latest Crypto News: (19 October 2022) The global crypto market registered a drop marginal drop on Wednesday morning after registering a broad recovery. The total crypto market cap stands at $926 billion.
The correlation between the digital asset market and the traditional market is at a peak. US and Asia stock markets also show mixed indexes. The futures market jumped as traders evaluate opportunities for earning growth ahead of anticipated interest rates.
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2022-10-19T14:55:00+5:30
LUNC Community Passes Proposal To Reduce TaX Burn
As per reports, the Terra LUNC community decided to pass proposal 5234. This will reduce the tax burn for on-chain transactions for LUNC token and USTC on the Terra Classic network from 1.2% to directly 0.2%.
2022-10-19T14:05:00+5:30
Huobi To Introduce 0% fee for USDD trading pairs
Huobi Global has announced that it will be introducing a 0% trading fee for trading USDD pairs on the global spot. USDD is an algorithmic stablecoin issued by Justin Sun’s Tron. Sun reportedly acquired Huobi.
2022-10-19T13:20:00+5:30
Ripple Submits Memorandum of law Against SEC
Ripple and Defendants have submitted its Memorandum of law against the SEC’s motion of Summary Judgement in the XRP lawsuit. However, the commission has also filed a memorandum against the SEC’s counter statement.
2022-10-19T12:30:00+5:30
Associations Come In Support Of Grayscale
Four associations have come in support of Grayscale in the lawsuit against the US Securities and Exchange Commission (SEC). The associations are The Blockchain Association, The Chamber of Digital Commerce, and Chamber of Progress, and Coin Center.
2022-10-19T11:45:00+5:30
Aptos (APT) Price Falls By 43% After Airdrop
Aptos released an airdrop without a strict anti-Sybil attack. This led some users to get a huge number of airdrop tokens. The Aptos price has dropped by 43% to stand at $7.77, at the press time.
2022-10-19T11:05:00+5:30
Crypto Market Registers slight Dump
The global crypto market slumped by 1.36% over the past day. the total market cap stands at $926 billion. However, this comes after the market saw a broad recovery on the day before.