DeFi News Today TheBitTimes.com

Michael Saylor at the Bitcoin 2022 conference in Miami. Source: A video screenshot, Youtube/Bitcoin Magazine Michael Saylor, the founder and former CEO of software firm MicroStrategy, continues to demonstrate a bullish approach to bitcoin (BTC) with his latest investment of about $42.8 million in the top crypto.  In a recent filing with the Securities and Exchange Commission (SEC), the business disclosed a purchase of about 2,395 bitcoins made with cash, at an average price of some $17,871 per bitcoin, inclusive of fees and expenses. The firm has also sold some of its crypto assets over the past week with the aim to optimize its taxes, as indicated by the filing.  “On December 22, 2022, MacroStrategy sold approximately 704 bitcoins for cash proceeds of approximately $11.8 million, at an average price of approximately $16,776 per bitcoin, net of fees and expenses. MicroStrategy plans to carry back the capital losses resulting from this transa...

During the Asian session on December 23, Bitcoin price prediction remains neutral below $17,000, as the market appears to have low volatility and trading volume ahead of the Christmas holidays. Benjamin Cowen, a well-known cryptocurrency expert, recently stated that the bears are growing tired as Bitcoin's (BTC) price has plunged more than 75% from its all-time high above $69,000 observed last year.  On December 23, major cryptocurrencies traded mixed after the global crypto market cap remained practically steady at $810.53 billion over the previous day. Over the last 24 hours, the entire crypto market volume increased 12.46% to $28.94 billion.  The overall volume in DeFi was $1.63 billion, accounting for 5.64% of the total 24-hour volume in the crypto market. The overall volume of all stablecoins was $26.33 billion, accounting for 90.97% of the total 24-hour volume of the crypto market.  Similarly, Ethereum has also remained mostly unchanged at $1,220...

During the Asian session on December 22, Bitcoin price prediction remains bearish below $17,000, as the market appears to have low volatility and trading volume ahead of the Christmas holidays. Similarly, Ethereum has also remained mostly unchanged at $1,220. Ethereum (ETH) has been delisted from the peer-to-peer cryptocurrency exchange Paxful on the grounds that it is no different from any other fiat money. Paxful Delists Ethereum The New York-based crypto exchange is delisting Ethereum because of what its co-founder, Ray Youssef, considers to be a lack of decentralization caused by the top smart contract platform's transition to proof-of-stake. Youssef claims that without the second-largest cryptocurrency by market cap, investors are better off. We have banned Ethereum from our store.  Safeguarding the lives of 11.6 million people. Truth over profit. Exactly who is going to go up next?" Youssef explains in greater detail why he is banning ETH from Paxful ...