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Crypto News Live Updates Jan 23: Axie Infinity Price Spikes By 45%; Brazil, Argentina To Drop Common Currency

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Crypto News Today Live Updates December and Latest News: (23 January 2023) After dealing with a long period of high selling pressure, the digital asset market finally regained the crucial $1 trillion mark last week. The crypto market cap rose marginally on Monday to stand at $1.04 trillion.

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2023-01-23T13:00:00+5:30

ETH Staking Jumps ATH Ahead Of Shanghai Upgrade

ETH staking on Ethereum’s proof-of-stake Beacon Chain continues to rise ahead of the Shanghai upgrade expected in March. As per the current on-chain data, 16.16 million ETH worth $26.41 billion have been deposited into the Beacon Chain.

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2023-01-23T12:20:00+5:30

Signature Bank Puts A Minimum Transaction Limit

Signature Bank, the world’s crypto exchange Binance’s fiat partner announced that it will no longer be processing transactions of less than $100,000. This development comes as the bank is looking to limit its exposure to the digital assets market.

Crypto banks have been facing huge operational challenges amid the current market turmoil following the collapse of the crypto exchange FTX. Read More Here…

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2023-01-23T11:50:00+5:30

Axie Infinity Price Spikes By 45%

Amid the lowing trading volume in the market, Axie Infinity price has skyrocketed by 45% over the past 24 hours. AXS is trading at an average price of $13.30, at the press time. However, Its 24 hour trading volume has spiked by 917% to stand at $1.34 billion.

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2023-01-23T11:20:00+5:30

Brazil and Argentina Prepare for Common Currency

The Latin American countries of Brazil and Argentina announced that they are working on a common currency. During the Buenos Aires Summit this week, South America’s two largest economies shall discuss further plans.

The focus will be on using the new currency to boost trade and reliance between the two nations and reduce the dependency on the U.S. Dollar. Read More Here…

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2023-01-23T11:00:00+5:30

Crypto On A Path Of Recovery?

The digital asset market finally regained the crucial $1 trillion mark last week. The crypto market cap rose marginally on Monday to stand at $1.04 trillion. However, the trading has dropped by 14% to stand at $52 billion.

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