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. Here you will read about the latest events in the global economy and crypto every day, including important things such as market changes, new regulations imposed by governments for crypto and the adoption of crypto by banks and new Crypto projects, developments in Blockchain technology
1. Situation of the Market as a Whole *
At the moment, the total market cap is $3.42 trillion, and 184.91 billion dollars have been traded in the last 24 hours. ◦ Market Dominance is currently held by Bitcoin with a 59.1% market share while Altcoins have a 43.91% market share
* Altcoin Season Index is at 27%, indicating that altcoins are gaining traction
* Fear and Greed index is at 25%, indicating that investor sentiment is declining. The cryptocurrency market continues to be dominated by stablecoins like USDT and USDC. USDC currently has a total volume of $15 billion, while USDT currently has a total volume of $137.10 billion. * Bitcoin (BTC) is the most valuable cryptocurrency and has the most powerful blockchain. Its current price is $101,636.21
* Ethereum (ETH) is the most powerful blockchain and the second most valuable cryptocurrency. Its current price is $3,331.89
* Binance Coin (BNB) is a coin owned by Binance that is utilized for platform services. Its current price is $992.10
* Ripple (XRP) - is a coin owned by Ripple and is used to send money internationally at a fast and low cost. The current cost of it is $2.25. * Solana (SOL) is a well-known cryptocurrency with the most active blockchain. Its current price is $156.91.
2. Market Regulation and Policy *
Cryptocurrency businesses that deal with the public are being subjected to more stringent regulations and licenses in numerous nations. * "influencers" and unlicensed crypto businesses have been dealt with by Hong Kong and other Asian nations. * For ETF issuers, the US Securities and Exchange Commission (SEC) is enforcing stricter rules regarding asset protection and transparency. * To attract investors, some governments are launching crypto investment funds. * Market prices are significantly impacted by new SEC and US court decisions. 3. ETFs & Institutional Investment
* Large companies continue to file applications for Spot ETFs — this is one of the biggest factors affecting the price of BTC.
* 21Shares has proposed new ETFs (such as the XRP ETF).
* News about the approval of ETFs is still in the works.
4. New Coins Expected to be Launched on the Market
* Stakefy 1SFY: A brand-new Solana-based token with a price of less than $0.00048. * AI Judge Companion 2AJC — New Token on BNB Chain, Low Presale Price.
* SOPH: A brand-new token for Binance's "New Cryptocurrency" 5. Whale Investments Affecting the Market
* There are large movements in eBitcoin and altcoin wallets.
* Large investors sometimes increase their purchases when prices are stable.
* Frequently, whales begin secret accumulation prior to ETF news. 6. Projects for New Markets *
7. Technology based on blockchains
Big businesses are testing private blockchains for use in supply chain, payments, and KYC. * Cross-chain messaging and liquidity management are being enhanced by new tools. * Contests and hackathons (Ethereum, Solana) are spawning new projects.
8. AI & Web 3.0
* Explainable AI is being tested on blockchain to increase transparency.
* On-chain AI inference (token payment when AI performs analysis) is the subject of ongoing research. * Cross-chain interoperability technologies are being used to connect AI data.
9. DeFi & NFT *
At the moment, the NFT market is focusing on NFTs with membership, digital identity, or AI-avatar features. * The volumes of DeFi lending and DEX trading have increased, and new pools have been established. * Smart contract theft and attacks are still possible, so audits are crucial. * NFTs used as collateral and NFT fractional ownership are emerging, opening up new opportunities.
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