Top cryptocurrency news on December 5: Top stories on Bitcoin, cryptocurrencies & regulation

DEC 07, 2021

A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum, and Tether to help you jump-start the day.

The global crypto market capitalisation is down 5.53 percent over the last 24 hours to stand at $2.3 trillion. The total crypto market volume over the last 24 hours is $203.74 billion, a 48.22 percent increase. Read full here.

Govt will bring a 'well-consulted' cryptocurrency bill: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman said on December 4 that the government would bring a well-consulted cryptocurrency Bill. Read details here.

El Salvador to Buy the Dip — 150 Bitcoins Added to Treasury
As the crypto market shed billions of dollars, El Salvador bought the dip, taking advantage of the falling price of Bitcoin early on December 5 morning. With the latest buy, El Salvador has purchased a total of 1,370 bitcoins altogether. According to Salvadoran president Nayib Bukele, the coins were bought seven minutes before the price of the cryptocurrency bottomed out. Read details look.

US seizes bitcoins worth over $2 million
The Federal Bureau of Investigation (FBI) has seized bitcoins worth more than $2.2 million tied to ransomware payments. The cryptocurrency allegedly belongs to an affiliate of Gandcrab and Revil/Sodinokibi ransomware. Read more here.