Claim Giveaway Token Proof of Reserve

24 Hrs Crypto Update, Mar 30: Cryptocurrency market was trading in a

Key Takeaways
  • The cryptocurrency industry is currently facing a significant challenge in the United States due to a multitude of factors. One of the most pressing issues is the difficulty in obtaining reliable banking services
  • Over the last 24 hours, several noteworthy cryptocurrencies, including BTC, EOS, and XLM, have experienced a significant surge in their market value
24 Hrs Crypto Update
Indices LTP Change (%)
BITCOIN $28188 0.72%
ETHEREUM $1806 0.85%
                                                                                         CRPTO STATS(24H) 
Indices VALUE Change (%)
MARKET CAP $1.22 T 0.70%
TRADING VOLUME $51.20 B 26.86%
                                                                                          TOP 5 GAINER
Indices LTP Change (%) $0.0026 346.15%
Kylin Network $0.012 227.15%
CVNX $0.0072 88.66%
Zenon $1.96 84.67%
Asian Fintech $0.0018 72.81%
                                                                                          TOP 5 LOSER
Indices LTP Change (%)
Origin Sport $0.00019 89.82%
YOU Chain $0.00014 89.65%
Unitrade $0.0084 84.38%
Zombie Inu (OLD) $0.000000000026 82.97%
FutureCoin $0.10 70.95%

On Thursday, the prices of cryptocurrencies experienced 

a decline after a brief surge.

 This trend persists despite the news on Monday that the Commodities Futures Trading Commission had filed a lawsuit against Binance, the largest cryptocurrency exchange in the world, and its CEO, Changpeng Zhao, for trading violations.

Major Events Around the World

  • Binance, the world's largest cryptocurrency exchange, recently experienced some technical difficulties following a wallet maintenance for BNB Smart Chain (BEP20). As a result, the exchange had to temporarily suspend deposits and withdrawals on the BNB Smart Chain while the team worked to resolve the issue. Fortunately, after 4-5 hours of dedicated effort to fix the node issue following the Binance Smart Chain (BEP20) network upgrade, the withdrawals and deposits have resumed. This is great news for Binance users who rely on the platform for their cryptocurrency transactions.

  • On Thursday, Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange who has been embroiled in controversy, entered a plea of not guilty to a fresh set of accusations. These new charges include conspiracy to violate campaign finance regulations and bribery of Chinese officials. The hearing took place in federal court in Manhattan before U.S. District Judge Lewis Kaplan, where Bankman-Fried's attorney, Mark Cohen, entered the plea on his behalf.

  • The Terra Luna Classic core developer group, in collaboration with the Joint L1 Task Force, has submitted their plan and budget for Q2. This group has been working tirelessly to complete several crucial blockchain upgrades, including the v1.0.5 hotfix and v1.1.0, which have successfully brought back the Binance LUNC burn mechanism. Furthermore, the team has scheduled another major blockchain upgrade, v2.0.0, for release on March 31. This upgrade will include upgrades to Cosmos SDK v0.45.13 and Tendermint v34.24, which are necessary for moving forward with the plan to bring AI capabilities to the Terra Classic chain. This innovative idea was suggested by core developer and esteemed professor, Edward Kim. 

COIN GABBAR Views: On late Thursday, cryptocurrency prices experienced a decline following an initial surge. This occurred despite the news on Monday that the CFTC had sued Binance for trading breaches, which investors seemed to have disregarded. The question now is whether cryptocurrency prices will experience another surge or continue to fall. We invite you to share your views in the comment box below. We would love to hear your thoughts on this matter, so please feel free to share your views in the comment section below. please stay tuned with us

Also read: CAIDP Files Complaint with FTC Against OpenAI's GPT-4, Citing Risks to Privacy and Public Safety

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.

Related News
Related Blogs