Welcome to the latest market news, the topics we will be discussing include, crypto, blockchain, Defi, Cefi, NFT, Ai, Web 3.0, and the global economy in general.
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 * At the moment, the total market cap is $3.44 trillion, and 127.11 billion dollars have been traded in the last 24 hours. Currently, Bitcoin has a market share of 59.1 percent, while Altcoins have a market share of 43.91%. * Altcoin Season Index is at 31%, indicating that altcoins are gaining traction.
* The Fear and Greed index
which measures investor sentiment, is at 24 percent, indicating a decrease in investor enthusiasm. ◦ Stablecoins such as USDT and USDC continue to play a significant role in the cryptocurrency market. USDT has a market capitalization of $91.10 billion today, while USDC has a market capitalization of $9 billion.
* Bitcoin (BTC)
is the most valuable cryptocurrency and is currently worth $102,329.21
* Ethereum (ETH) is the most powerful blockchain and the second most valuable cryptocurrency. Its current price is $3,495.89
* Binance Coin (BNB) - is a coin owned by Binance and is used to pay for platform services. The price right now is $985.10. * Ripple (XRP) - is a coin owned by Ripple and is used to send money internationally at a fast and low cost. Its current price is $2.28
* Solana (SOL) is a well-known cryptocurrency with the most active blockchain. The price right now is $159.91. 2. Regulation & Market Policy
* By the end of 2025, the Financial Services Agency (FSA) of Japan will have developed stringent new regulations to govern IEOs and crypto lending. * A new report claims that Bitcoin whales have decreased their activity in the United States, highlighting the impact of crypto legislation in the United States. * Europe continues to implement the new MiCA regulation, which regulates services and stablecoins.
* The European Union is making it more difficult for crypto transfers to be accompanied by sender and recipient information to increase transparency.
* Big banks have begun to oppose the new rules, seeking to influence how crypto is regulated.
3. Institutional Investment and ETFs *
Bitwise has filed for a new Dogecoin (DOGE) ETF, which could lead to a price increase if approved.
* The decline in the market is causing losses to many holdings of Bitcoin and Ethereum. * While some institutions continue to purchase ETH, others are wary of the economic situation. * Some investors are now focusing on presales and early-stage projects, rather than entering the mainstream markets.
4. Coming Coins to the Market *
XRP whale investors are flocking to a brand-new token known as Tapzi (TAPZI), with a focus on Web3 and NFTs. * People now use presale websites like BullZilla to find worthwhile projects. 5. Whale Investments Affecting the Market
* Over $500 million has reportedly been moved by long-time Bitcoin whales selling their coins. * Some of this activity may not be outright sales but rather internal transfers. * Other whales have begun buying Ethereum, with a reported $32 million in purchases.
* Retail investors remain largely absent from the market, posing a threat in the event that whales leave. * Over $1 billion has been lost in the crypto market due to excessive leverage.
6. Projects for New Markets *
Some AI and DeFi-related tokens are expanding despite the overall market weakness. * New projects are focusing on staking, and real-world services.
* However, the challenging market conditions have caused many projects to fall behind, so choosing the right one is crucial. The economic climate and decreased investment have slowed blockchain development. * New Layer-2 networks and protocols are being investigated to understand the speed and cost of use. 8. AI & Web 3.0
* Projects involving AI and Web3 have become popular topics. * New global regulations are impacting how tokenomics and Web3 project governance are done.
9. DeFi & NFT *
As fund withdrawals begin, the DeFi market is slowing down. * Whales are transferring funds to DeFi stablecoins, demonstrating their risk management. * NFTs are now focusing on utility (real-world use) such as staking and gaming, and are on the rise
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