BENCHMARK
| Indices | LTP | Change (%) |
|---|---|---|
| BITCOIN | $30312 | 0.52% |
| ETHEREUM | $1881 | 0.01% |
CRYPTO STATS(24H)
| Indices | VALUE | Change (%) |
|---|---|---|
| MARKET CAP | $1.22 T | 1.00 % |
| TRADING VOLUME | $36.30 B | 32.54% |
TOP 5 GAINERS
| Indices | LTP | Change (%) |
|---|---|---|
| ARDANA | $0.0010 | 107438002% |
| ORIONMONEY | $0.0045 | 304.27 % |
| SINGULARITY | $0.00054 | 113.41% |
| OXYGEN | $0.016 | 60.35% |
| LUCRETIUS | $0.00024 | 59.81% |
TOP 5 LOSERS
| Indices | LTP | Change (%) |
|---|---|---|
| FRIENDZ | $0.000052 | 63.09% |
| POLYCHAIN Monsters | $0.72 | 44.01% |
| KANPEKI | $0.067 | 41.98% |
| CREATICLES | $0.0021 | 26.51% |
| SWOP | $0.094 | 25.68% |
BTC failed to hold above the crucial US$30,000 threshold. Meanwhile, almost all the top 10 non-stablecoin cryptocurrencies saw gains. This surge in the market can be attributed to the growing interest of traditional financial institutions in launching crypto-related exchange-traded funds (ETFs). Additionally, the U.S. securities regulator recently approved the first leveraged Bitcoin futures ETFs in the country, further fueling the excitement around cryptocurrencies.
Major Events Around the World
After the Terra Luna Classic joint governance proposal on liquid staking derivatives, a new proposal has emerged. The Terra Allies senior engineering full stack team, also known as the Six Samurai, is proposing a team of six senior full stack engineers for the next quarter. As passionate LUNC holders, they are committed to revitalizing the ecosystem.
The ongoing legal dispute between Ripple Labs Inc, an American blockchain payments firm, and the United States Securities and Exchange Commission (SEC) has brought to light questions surrounding Ripple's role in the circulating supply of XRP. While there has been a general understanding of Ripple's involvement in releasing XRP coins from escrow to manage the cryptocurrency's supply, the specifics of the firm's role in buybacks remain unclear.p
The Japanese National Tax Agency has recently announced a more lenient approach towards the taxation of crypto assets for corporations involved in this emerging asset class within the country. As reported by Coinpost, the tax authority has disclosed that unrealized gains from cryptocurrencies issued by companies will no longer be subject to taxation. This decision aims to facilitate the operations of cryptocurrency-related companies in Japan by reducing the tax burden on their unrealized gains.
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: BlockFi Penalty Paused: SEC Puts Investor Repayment First
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.
from Coin Gabbar News https://ift.tt/ixYHgh7
via IFTTT
