BENCHMARK
| Indices | LTP | Change (%) |
|---|---|---|
| BITCOIN | $27773 | 0.01% |
| ETHEREUM | $1905 | 0.04% |
CRYPTO STATS24H)
| Indices | VALUE | Change (%) |
|---|---|---|
| MARKET CAP | $1.20 T | 0.20% |
| TRADING VOLUME | $35.20 B | 8.64% |
TOP 5 GAINERS
| Indices | LTP | Change (%) |
|---|---|---|
| Zombie Inu(OLD) | $0.00000000026 | 896.73% |
| ADAX | $0.015 | 260.57% |
| SINOVATE | $0.00055 | 100.47 % |
| Dypius | $0.18 | 83.65% |
| Solcial | $0.0083 | 54.55% |
TOP 5 LOSERS
| Indices | LTP | Change (%) |
|---|---|---|
| TosDis | $0.087 | 97.47% |
| DOEX | $0.00032 | 51.71% |
| Zeptacoin | $0.014 | 47.62% |
| CluCoin | $0.00000000099 | 46.50% |
| Atari | $0.0016 | 35.33% |
Bitcoin remained steady in early Wednesday trading in Asia, showing little change after briefly surpassing the $28,000 threshold on Tuesday night. Ether, on the other hand, fell below $1,900, while other leading non-stablecoin cryptocurrencies in the top 10 experienced mixed trading. Notably, XRP emerged as the frontrunner in terms of gains, driven by recent legal developments involving the U.S. Securities and Exchange Commission (SEC).
Major Events Around the World
Binance, the largest cryptocurrency exchange in the world, has faced a challenging year, grappling with legal disputes and regulatory hurdles. Despite these obstacles, the platform has made impressive strides in expanding its global reach, cementing its status as a major player in the crypto industry. The proposed legislation has sparked a heated debate among policymakers and financial experts. While some argue that a CBDC could provide numerous benefits, such as increased financial inclusion and reduced transaction costs, others express concerns about the potential risks and drawbacks of such a currency.
An increasing number of Republican legislators are advocating for the prevention of a central bank digital currency (CBDC) from being issued in the United States. The most recent development in this movement is the introduction of the Digital Dollar Pilot Prevention Act by Rep. Alex Mooney of West Virginia. This act seeks to prohibit the Federal Reserve from launching a pilot program to test the functionality of a CBDC within the American financial system.
Ishan Wahi, a former Coinbase Product Manager, has recently come to a settlement with the United States Securities and Exchange Commission (SEC) for one of the first insider trading cases in the cryptocurrency industry. The settlement also involves Ishan's brother, Nikhil Wahi, who played a significant role in the insider trading offence for which they were charged.
COIN GABBAR Views: The question remains whether BTC will reach $30,000 again or drop to $24,000. However, it is important to note that predicting accurate price movements in the crypto market can be highly challenging. Please share your views in the below comment box. Stay tuned for updates and the latest news us at www.coingabbar.com
Also read: Ordinals and Bitcoin Miladys Launch BRC-721E NFT Standard
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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