Cryptocurrency News Live Updates and Breaking News: (October 15, 2022) After registering a broad recovery on Friday, the global digital asset market cap is down 2.3% in the past day. The total market cap now stands at $919 billion with a trading volume of $57.12 billion.

However, the increased correlation between the traditional markets and crypto markets is still key. JPMorgan, one of the largest banks in the US, registered a huge drop in net profit in the third quarter.

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2022-10-15T15:55:00+5:30

Burn Terra Classic tax to shrink forward?

The Terra Classic community has been discussing proposal No. 5234 for a while. Earlier, Binance CEO CZ hinted that it needs to cut costs to increase Terra Classic burn speed.

The community member has suggested lowering the fire load to about 0.2%.

2022-10-15T13:45:00+5:30

Magic Eden drops royalties update

Magic Eden, the largest NFT marketplace on Solana, has dropped some crucial updates on the royalties. It mentioned that the platform will move to “optional royalties” and that it will launch a promotion with no platform fees.

2022-10-15T13:01:00+5:30

Coinbase CEO Wants To Sell 2% Of His Shares

Brian Armstrong, CEO of Coinbase, has rolled out plans to sell 2% of his holdings in the crypto exchange. He took to Twitter to announce this event. Armstrong will sell his shares to fund scientific research that is part of his co-founders. It includes organizations such as NewLimit and scientific research firm ResearchHub.

Disclaimer

The content presented may contain the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or the publication is not responsible for your personal financial loss.

About the author

Ashish believes in decentralization and has a keen interest in evolving Blockchain technology, the cryptocurrency ecosystem and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he’s not writing, he plays video games, watches a thriller, or works out outside. Reach me at [email¬†protected]



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