Crypto markets experienced an upward trend in trading
- BTC has surpassed the $30,000 mark for the first time since June 10, 2022. This achievement comes as the banking turbulence experienced in March fades further into the distance, and investors become increasingly optimistic about the U.S. central bank's monetary policy
- In the past 24 hours, there has been a sudden surge in the market value of several prominent cryptocurrencies, such as BTC, ETH, BNB, and LTC
BENCHMARK
| Indices | LTP | Change (%) |
|---|---|---|
| BITCOIN | $29878 | 5.61% |
| ETHEREUM | $1914 | 3.46% |
CRPTO STATS(24H)
| Indices | VALUE | Change (%) |
|---|---|---|
| MARKET CAP | $1.28 T | 4.20% |
| TRADING VOLUME | $51.70 B | 46.87% |
TOP 5 GAINER
| Indices | LTP | Change (%) |
|---|---|---|
| CryptoTanks | $0.015 | 167.10% |
| Hiblocks | $0.00019 | 121.65% |
| InfinitySkies | $0.0054 | 83.49% |
| X | $0.00030 | 68.79% |
| Evedo | $0.010 | 67.09% |
TOP 5 LOSER
| Indices | LTP | Change (%) |
|---|---|---|
| Aiods Kuneen | $0.015 | 90.94% |
| USDX | $0.10 | 87.87% |
| RELEASE | $0.0000025 | 70.34% |
| Hakka Finance | $0.00100 | 41.69 |
| Etho Protocol | $0.0065 | 34.70% |
The crypto currencies have experienced a significant surge
in recent times.
As of now, the global crypto market cap stands at an impressive $1.28 trillion, with a trading volume of $52.20 billion in the past 24 hours alone. The crypto market began the week on a positive note, thanks to a sudden surge in Bitcoin (BTC) prices. This spike propelled the top cryptocurrency to its highest value since June 11, resulting in gains across the market.
Major Events Around the World
A recent report submitted as part of the ongoing investigation into the now-defunct cryptocurrency exchange FTX has revealed a plethora of allegations against the company. These accusations include claims that top executives of the company laughed about losing track of millions of dollars, fostered a culture that punished anyone who flagged potential problems, and completely disregarded standard accounting principles.
Etherscan, the leading blockchain explorer for Ethereum, has implemented a new feature that automatically hides zero-value token transfers. This change was made in response to the increasing number of "address poisoning" attacks that have been targeting unsuspecting users with phishing and spamming tactics. To view these tokens, users will now need to manually enable the display by accessing the settings page on the Etherscan website. This update will provide users with an added layer of security and protection against malicious attacks.
Gemini crypto exchange users can finally breathe a sigh of relief as the billionaire founders, Tyler and Cameron Winklevoss, who also happen to be the founders of Gemini Trust Co., have stepped in to support the struggling exchange. Gemini has faced a multitude of setbacks and regulatory challenges, ultimately becoming a victim of the yearlong bear market for cryptocurrencies. The Winklevoss brothers have utilised their own resources to provide a glimmer of hope for the exchange's users. This move demonstrates their unwavering commitment to the success of Gemini and their dedication to the cryptocurrency industry as a whole.
COIN GABBAR Views: Following a period of consolidation, Bitcoin has finally broken through the $30,000 threshold for the first time since June 10, 2022. The question on everyone's mind is whether this rally will continue in the world of cryptocurrency and altcoins. We invite you to stay informed with us as we navigate through these exciting changes. Please stay tuned with us www.coingabbar.com
Also read: SushiSwap DeFi Protocol Hacked for $3 Million, Funds Partially Recovered
Disclaimer:Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.
