BENCHMARK
| Indices | LTP | Change (%) |
|---|---|---|
| BITCOIN | $30819 | 1.21% |
| ETHEREUM | $1941 | 0.71% |
CRYPTO STATS(24H)
| Indices | VALUE | Change (%) |
|---|---|---|
| MARKET CAP | $1.25 T | 0.90% |
| TRADING VOLUME | $35.20 B | 19.63% |
TOP 5 GAINERS
| Indices | LTP | Change (%) |
|---|---|---|
| UNITRADE | $0.13 | 147.25% |
| JETCOIN | $0.0026 | 69.53% |
| MEMEINU | $0.00011 | 57.17% |
| AION | $0.072 | 56.60% |
| ENIGMA | $0.0094 | 49.06% |
TOP 5 LOSERS
| Indices | LTP | Change (%) |
|---|---|---|
| GEM EXCHANGE AND TRADING | $0.00033 | 92.31% |
| SINGULARITY | $0.000027 | 58.12% |
| SUTERUSU | $0.00046 | 34.49% |
| POPULOUS | $0.031 | 31.26% |
| PLANT VS undead | $0.0035 | 28.68% |
BTC has been unable to maintain its position above the $31K.
During Tuesday afternoon trading in Hong Kong, both Bitcoin and Ether experienced a decline, while the performance of the top 10 non-stablecoin cryptocurrencies by market capitalization varied. Bitcoin dipped below the US$31,000 mark, however, it is noteworthy that its dominance in the overall crypto market capitalization is steadily increasing, indicating signs of market recovery.
Major Events Around the World
The duration of the XRP lawsuit involving Ripple Labs and the United States Securities and Exchange Commission (SEC) has become a cause for concern within the Crypto Twitter community. Notably, John Deaton, the founder of Crypto Law, finds himself entangled in this ongoing legal battle. The genesis of this predicament can be traced back to a statement made by Brad Garlinghouse, the Chief Executive Officer (CEO) of Ripple Labs, which caught the attention of a Twitter user known as Mr. Huber.
A recent survey conducted by Harvard University's Center for American Political Studies has shed light on Elon Musk's remarkable popularity and fame in the United States. The findings of this survey not only position Musk as a prominent figure in the political realm but also reveal him to be the most favored political figure in the country, surpassing the likes of former President Donald Trump, Ron DeSantis, Bernie Sanders, and even current US President Joe Biden.
The Financial Conduct Authority (FCA) has announced that its new financial promotions regime will come into effect on Sunday, October 8th. In light of this development, the FCA has reached out to both domestic and international firms engaged in marketing crypto-assets to UK customers. The FCA has requested their compliance with the forthcoming crypto ad compliance guidelines, emphasizing that failure to do so may result in criminal charges carrying a maximum penalty of 2 years imprisonment.
COIN GABBAR Views: Will the cryptocurrency market in the latter half of 2023 bring anticipated swings, including a potential reversal of Bitcoin's bullish trend with the arrival of the July Supermoon, defying the current bearish trend? Stay tuned for the latest news at www.coingabbar.com
Also read: Belarus Increases Restrictions on Crypto Trading Amid Wider Crackdowns
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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