BENCHMARK
| Indices | LTP | Change (%) |
|---|---|---|
| BITCOIN | $28486 | 1.05% |
| ETHEREUM | $1828 | 1.22% |
CRPTO STATS(24H)
| Indices | VALUE | Change (%) |
|---|---|---|
| MARKET CAP | $1.24 T | 1.50% |
| TRADING VOLUME | $51.50 B | 1.00% |
TOP 5 GAINER
| Indices | LTP | Change (%) |
|---|---|---|
| Wabi | $0.010 | 243.81% |
| Unitrade | $0.11 | 72.08% |
| NAOS Finance | $0.047 | 63.56% |
| cOx | $0.0074 | 52.60% |
| Ox | $0.35 | 52.17% |
TOP 5 LOSER
| Indices | LTP | Change (%) |
|---|---|---|
| FutureCoin | $0.040 | 60.11% |
| DOEX | $0.000053 | 59.34% |
| Parachute | $0.00022 | 46.74% |
| Asian Fintech | $0.0010 | 41.18% |
| Etho Protocol | $0.0064 | 32.48% |
The financial markets concluded the week, month, and quarter on a positive note. Asset prices, ranging from cryptocurrencies to stocks, closed the day higher. This has given weary investors a glimmer of hope amidst a growing list of global economic concerns.
Major Events Around the World
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On Friday, an official from the People's Bank of China (PBOC), the country's central bank, stated that the United States has been unsuccessful in regulating the cryptocurrency market. This failure has led to a banking crisis that is affecting the global banking sector. The PBOC official is calling for more robust regulation of the cryptocurrency or digital assets industry to mitigate any potential financial risks.
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According to Hindenburg Research, a U.S. short-seller, Block Inc.'s (SQ) response to the allegations made against them confirmed that the company had been providing investors with inaccurate information regarding the number of users on their Cash App for several years. As of December 31, the Cash App had over 51 million monthly active users, out of which only 44 million had their identities verified, as reported by the payments company led by Twitter co-founder Jack Dorsey.
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Justin Sun, the visionary founder of the Tron network, has recently faced a series of daunting challenges. Sun has been under intense scrutiny since the U.S. Securities and Exchange Commission (SEC) brought charges against him for fraud and market manipulation. These charges resulted in the loss of his diplomatic status as Grenada's Ambassador to the World Trade Organization.
COIN GABBAR Views: The financial markets concluded the week, month, and quarter on a positive note, with asset prices ranging from cryptocurrencies to stocks closing the day higher. The question on everyone's mind is whether this rally will continue until the end of 2023. 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 www.coingabbar.com
Also read: BRICS Alliance is Developing Its Own Currency to Challenge U.S. Dollar
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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