Welcome to the most recent market news. We'll talk about cryptocurrency, blockchain, Defi, Cefi, NFT, AI, Web 3.0, and the global economy as a whole. Every day, you'll find articles here about the most recent happenings in the global economy and cryptocurrency, such as shifts in the market, new government regulations for cryptocurrency, bank adoption of cryptocurrency, new cryptocurrency projects, and advancements in blockchain technology. 1. Situation of the Market as a Whole * The total market cap is currently $3.91 trillion, while the total market volume traded in the last 24 hours is 170.81 billion. • Market Dominance is currently held by Bitcoin with a 59.1% market share while Altcoins have a 43.91% market share
* The Altcoin Season Index is 29 percent, which indicates that altcoins are gaining popularity. * Fear and Greed index is at 42%, indicating that investor sentiment is declining • Stablecoins such as USDT and USDC continue to play a significant role in the crypto market. USDT has a market capitalization of $100.10 billion today, while USDC has a market capitalization of $12 billion.
Top 10 Coins in the Market
1. With a current value of $115,381.21, Bitcoin (BTC) is the most valuable digital currency and cryptocurrency. 2. Ethereum (ETH) is the second most valuable digital currency and has the most powerful Blockchain Crypto currency with a current value of $4,213.89
3. Tether (USDT):
is a stable coin that combines Fait and Cryptocurrency and is not traded at a price of $1.
4. Binance Coin (BNB) -
is a coin owned by Binance and is used to pay for platform services. Its current price is $1,141.10
5. Ripple (XRP) - is a coin owned by Ripple and is used for international money transfers at a fast and low cost. Its current price is $2.68
6. Solana (SOL) - is a popular coin among digital currencies in Crypto and has the most popular Blockchain in Crypto. Its current price is $201.91.
7. Circle (USDC) - is the second most valuable stable coin in Crypto after Circe. Its price does not change at $1.
8. Doge-coin (DOGE) - is the most popular Crypto memeo-coin and is the most invested in Crypto. The price right now is $0.2049. 9. Tron (TRX) - is the fastest-growing blockchain-based cryptocurrency. Its current price is $0.30. 10. Cardano (ADA) - is a valuable and highly-invested coin. It is based on a well-known blockchain. Its current price is $0.6812. 2. Market Regulation and Policy * Several countries are planning to issue official licenses to crypto companies to operate legally.
* In an effort to strengthen crypto regulators, President Donald Trump has nominated Mike Selig to be the new chairman of the Commodity Futures Trading Commission (CFTC). * The US state of Mississippi has proposed a new law called the “Blockchain Basics Act,” which would enhance protections for small businesses and blockchain developers.
* Investors are urged to keep an eye on regulatory lending opportunities and the processes surrounding them.
3. ETFs & Institutional Investment
* Crypto ETFs are on the rise as large investors seek to access the market in a safe manner.
* Some major institutions have halted crypto purchases, waiting for the market to stabilize.
* There have been significant outflows from crypto ETFs this week.
* ETFs are now preferred by many investors over direct coin purchases. 4. Coming Coins to the Market * ePowerX Token (EPWX) — a new project that combines energy and blockchain.
* MetaAI Token (METAI) — an AI and Web3 project, with plans for widespread adoption.
* Hydrex Token (HYDX) — a new DeFi project.
* AlphaPepe Token (ALPE) — a new meme-token built on the BNB Chain, with staking and additional utility.
5. The Market and Whale Investments *
When the market fell, whales—large investors—purchased Bitcoin and other altcoins at low prices. * A lot of people moved their money to cold wallets to avoid the risks of the market. * A decrease in market leverage has been observed, indicating that whales are being cautious.
6. Emerging Market Projects
* New GameFi and Web3 projects are gaining momentum, as games are incorporating crypto technology.
* Projects that combine AI and blockchain have become the most sought-after in the market.
* Many projects are focusing on reducing gas fees and making them easier to use.
7. Technology for Blockchain *
Bridges and connecting different blockchains have become important.
* Tokenisation of assets (such as land or gold) has become an interesting topic.
8. AI & Web 3.0
* The combination of AI and Web3 has become the new direction in fintech.
* Metaverse and online games are using AI to provide a more immersive experience.
9. NFT & DeFi
* DeFi is currently confronted with numerous regulatory and security issues. * More and more NFTs are being used as collateral. * Many NFT projects are focusing on ensuring security and transparency.
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