BENCHMARK
| Indices | LTP | Change (%) |
|---|---|---|
| BITCOIN | $30472 | 1.53% |
| ETHEREUM | $1882 | 0.10% |
CRYPTO STATS(24H)
| Indices | VALUE | Change (%) |
|---|---|---|
| MARKET CAP | $1.24 T | 2.00% |
| TRADING VOLUME | $54.70 B | 26.33% |
TOP 5 GAINERS
| Indices | LTP | Change (%) |
|---|---|---|
| HaloDAO | $0.000000040 | 143.84% |
| dfohub | $0.0015 | 81.39 % |
| Aircoins | $0.0000099 | 65.55% |
| Serum | $0.13 | 63.70% |
| MoonNationGame | $0.0014 | 40.63% |
TOP 5 LOSERS
| Indices | LTP | Change (%) |
|---|---|---|
| Xfinance | $1.55 | 96.71% |
| OrionMoney | $0.0011 | 80.63% |
| SolDoge | $0.000014 | 37.50% |
| WarpFinance | $0.56 | 29.77% |
| Populous | $0.019 | 25.81% |
Bitcoin and Ethereum have both surpassed the $31,000 and $1,900 marks, respectively. In addition, the Supreme Court has ruled in favour of Coinbase in a recent dispute. Other popular altcoins, such as Litecoin, Solana, Dogecoin, and Ripple, have also seen minor gains across the board. Bitcoin Cash has emerged as the biggest gainer, while Conflux has unfortunately turned out to be the biggest loser.
Major Events Around the World
In the midst of Binance's legal battle with the US Securities and Exchange Commission (SEC), Belgium's financial regulator has issued an order for the exchange to halt certain operations. The Financial Services and Markets Authority (FSMA) has demanded that Binance immediately cease exchange services and custody wallet services in Belgium involving virtual currencies and legal currencies. This order is in accordance with European Economic Area regulations, as stated by the authorities. Although Binance does not provide these services in Belgium, the FSMA has found that Belgian clients of Binance.com are in violation of these regulations.
On Friday, the top United States-based cryptocurrency exchange, Coinbase, emerged victorious in its attempt to move customer disputes into a private arbitration process. This decision was made after the Supreme Court of the United States heard arguments from the exchange's former customers about lost funds back in March 2023. The latest court ruling effectively reinforced the use of arbitration in consumer disputes, which is a common practice in the financial industry.
The U.S. Securities and Exchange Commission (SEC) is currently pursuing enforcement actions against major players in the cryptocurrency industry. However, the top financial regulator has faced criticism for not providing clear guidelines regarding digital assets and for taking actions that are perceived as harmful to the industry. Despite this, the International Monetary Fund (IMF) has released a report that addresses the regulatory challenges surrounding digital assets.
COIN GABBAR Views: Is the upward rally of the crypto market set to continue? Can Bitcoin achieve the $35,000 milestone in the near future? Furthermore, there are speculations about whether this signifies the conclusion of the bear market and the resurgence of the bull run. Stay tuned for the latest news at www.coingabbar.com
Also read: “Hurry up”, CoinGabbar’s Final Call for Winning 2 Billion Volt Inu
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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