25% of Aussies are crypto HODLers
According to a study conducted by Independent Reserve, the share of Aussies that own crypto assets has slightly shrunk compared to the figures from 2021. Nearly 29% of the locals were HODLers last year, while the current percentage is 25.6%.
Digital assets remain more popular among the younger demographic groups. Over 40% of the respondents aged 25-34 have some crypto owning. In comparison, less than 10% of those above 65 years old have jumped on the bandwagon.
TON launches bot on Telegram to trade and transfer cryptocurrencies.
A team of TON developers created a wallet bot to simplify crypto transactions for Telegram users.
The wallet bot also serves as a fiat conduit, allowing users to purchase TON with their credit card in the Telegram app.
Huobi partnered with Tron to launch first national token DMC
Huobi has partnered with Tron Network and DMC Labs to jointly launch the world’s first national token DMC (Dominica Coin) under the authorization of the government of the Commonwealth of Dominica.
The parties involved will also roll out the Dominica DID, also a first to a nation, in proper time. Both Dominica DID and DMC were originally issued on Tron Network.
Another $2 billion worth of Bitcoin withdrawn from Coinbase over weekend
Coinbase experienced withdrawals totaling roughly $2 billion worth of BTC over the weekend of Nov. 26 to Nov. 27, bringing the total amount withdrawn since Nov. 24 to $3.5 billion.
Roughly $1.5 billion worth of Bitcoin (BTC) was withdrawn from the exchange between Nov. 24 to Nov. 25.
ECB president reiterates calls for ‘MiCA II’ in response to FTX collapse
Christine Lagarde, president of the European Central Bank, or ECB, has once again called regulation and supervision of crypto an “absolute necessity” for the EU in the wake of the collapse of crypto exchange FTX.
Christine Lagarde claimed that ECB needed to step up as a global regulator to address people’s increasing interest in digital assets.
Dogecoin jumps after Elon Musk shares glimpse into Twitter 2.0 plans
Billionaire Elon Musk has confirmed that he plans to integrate payments into what he describes as Twitter 2.0.
This propelled the Dogecoin (DOGE) meme to a short 19.4% price increase, from $0.089 to $0.107. DOGE is currently trading at $0.1031, up 8.93% after 24 hours.
House lawmakers set first FTX hearing for Dec. 13
House lawmakers will begin their investigation into the collapse of crypto exchange FTX, and its broader impact on the digital asset industry, at a hearing scheduled next month.
The House Financial Services Committee will hold its first FTX-focused hearing on Dec. 13. The hearing, titled “Investigating the Collapse of FTX, Part I,” is likely to be part of a series.
Google has invested $1.506 billion in blockchain firms
Google’s parent company, Alphabet, has invested over $1.506 billion in the blockchain space from September 2021 to June 2022, according to a report by Blockdata.
As per the information, Google has investments in Fireblocks, Dapper Labs, Voltage, and Digital Currency Group.
MakerDAO and Lido Finance are dominating the DeFi market
According to DefiLIama, MakerDAO has become the largest decentralized finance (DeFi) ecosystem, with a TVL reaching a whopping $6.63 billion.
Lido Finance holds the second place; the project allows users to stake ETH to receive stETH to gain yield on top of yield. Lido Finance currently has a TVL of 5.68 billion USD.
Bitcoin ‘millionaire’ wallets drop 80% in year of BTC price bear market
According to Glassnode, as of Nov. 25, there were 23,245 with a balance worth over $1 million. Contrast that with the scene from Nov. 8, 2021, when the tally hit its peak as BTC/USD approached its latest $69,000 ATH — then, there were 112,898 “millionaire” wallets.
Even so, the number of Bitcoin addresses continues to grow throughout 2022. As of November 27, the number of wallets with more than one Bitcoin has reached 952,000 – a record in Bitcoin’s history.