BENCHMARK
| Indices | LTP | Change (%) |
|---|---|---|
| BITCOIN | 27233 | 3.48% |
| ETHEREUM | $1851 | 4.78% |
CRPTO STATS(24H)
| Indices | VALUE | Change (%) |
|---|---|---|
| MARKET CAP | $1.20 T | 3.20% |
| TRADING VOLUME | $56.20 B | 2.76% |
TOP 5 GAINER
| Indices | LTP | Change (%) |
|---|---|---|
| WaultSwap | $0.0033 | 135.88% |
| Work Quest | $0.0021 | 122.33% |
| Synthetify | $0.0052 | 58.95% |
| Asian Fintech | $0.0016 | 55.45% |
| Creaticles | $0.0096 | 45.10% |
TOP 5 LOSER
| Indices | LTP | Change (%) |
|---|---|---|
| QASH | $0.0066 | 77.58% |
| PalGold | $0.000023 | 54.34% |
| GridZone.io | $0.00027 | 42.89% |
| IDEXO | $0.013 | 41.46% |
| dfohub | $0.0021 | 39.55% |
On April 21, major cryptocurrencies experienced a decline in value, resulting in a 3.20 percent decrease in the global crypto market cap, which now stands at $1.20 trillion. Additionally, the total crypto market volume over the last 24 hours decreased by 2.76 percent to $56.20 billion. Unfortunately, most cryptocurrencies were trading in the red on Friday.
Major Events Around the World
Coinbase, a leading cryptocurrency exchange, is making significant progress towards launching its Layer 2 platform. In February 2023, a testnet version of the Ethereum Layer 2 network was unveiled. This platform, known as Base, was designed to simplify the app-building process for developers and provide users with a seamless experience when accessing Coinbase's suite of products.
Telegram is a well-known proponent of digital assets and has recently been expanding its presence in the cryptocurrency sector. Today, users of Telegram who utilise the wallet bot were informed of an exciting new feature that allows for the purchase, withdrawal, exchange, and peer-to-peer transactions using Bitcoin. This development is a significant step forward for Telegram's commitment to providing its users with a seamless and secure digital asset experience. With this new feature, anyone can easily and conveniently manage their Bitcoin transactions within the Telegram app. This is a testament to Telegram's dedication to staying at the forefront of the digital asset revolution.
In September of 2022, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Hydro Technology Corp. and its former CEO, Michael Ross Kane. The lawsuit accused them of facilitating the unregistered offers and sales of crypto securities known as "Hydro" and manipulating the trading volume and price of those securities. This scheme generated over $2 million for Hydrogen.
COIN GABBAR Views: Crypto markets have experienced a significant downturn, with losses totaling $90 billion over the past two days. Both Bitcoin and Ethereum have slipped below key support levels, with BTC falling below $28,000 and ETH below $19,000. The question on everyone's mind is whether this bloodbath will continue or if some relief can be expected. To navigate these volatile markets, it is essential to stay up-to-date on the latest trends, news, technical and fundamental analysis, and expert opinions. Making informed investment decisions requires a deep understanding of the underlying factors driving market movements. Please stay tuned with us www.coingabbar.com
Also read: Paradigm Accuses SEC of Using Brute Force in Crypto Regulation
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.
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