Global cryptocurrency market has fallen down below the long-maintained $1 trillion market cap. The present crypto market capitalization is $928,980,961,277, which is quite frightening. Trading volume in the last 24 hours is $68,881,759,540. If the crypto scenario is studied excluding the Bitcoin (BTC) contribution, the market cap is $544 billion.
Crypto market leads Bitcoin (BTC) and Ethereum (ETH) have plunged more than 8% in the last 24 hours. The whole market is in panic as every other cryptocurrency is seen in red. Among the top 20 coins, only the stablecoins are witnessing a green graph. The fall is continuously declining
Even if the market were to tank, it seems like Visa’s cryptocurrency operations would continue as planned. The company behind the widely-used cryptocurrency exchange Gate.io, Gate Group, has announced that it would launch a Gate Visa crypto debit card. Gate has announced that it is now accepting registrations and waiting
Despite receiving an offer from asset management NovaWulf Digital Management, insolvent crypto lender Celsius Network said on Wednesday that it was in talks with another possible buyer and would continue to seek more offers. During a hearing in Manhattan’s bankruptcy court, attorney Chris Koenig stated that Celsius is open to
On Thursday, Animoca Brands, a company specializing in digital entertainment, revealed that they will be opening a private club in Los Angeles. Club 3 is being introduced by the Meta Hollywood partnership with the Planet Hollywood Group. Cryptocurrency and the entertainment industry both have long-standing traditions of exclusive clubs. Yuga
Today’s major mover was Ripple native cryptocurrency XRP, as prices surged for a fourth day of a green candle in a week. Less than 24 hours after trading at a low of $0.3864, XRP/USD soared to an intraday high of $0.3957. Following the recent rally, the 4th largest altcoin XRP,
Bitcoin (BTC), the world’s largest cryptocurrency, is trading lower on Thursday. Also, the global cryptocurrency market cap was trading lower at around 993.77 billion, down 01.45% in the last 24 hours. At the time of writing BTC is currently trading at $21,653.35 with a 24-hour trading volume of $22,076,254,35. BTC
In conjunction with the Metropolitan Police, the largest police agency in the United Kingdom, Britain’s main financial regulator, the Financial Conduct Authority (FCA), stated on Wednesday that it has taken additional action against unlicensed crypto ATMs in East London. The FCA and the West Yorkshire Police conducted a series of
Silvergate, the crypto-friendly banking service wind down its operations and is in process of voluntary liquidation. The bank announced the stoppage of crypto payment services, which was major “the heart” of the firm, as the week began. The crypto ecosystem now will have one less banking support. Silvergate news announcement
Leading crypto exchange Gemini stated on its official Twitter account that “Gemini’s banking relationship remains intact with JPMorgan.” This statement comes after the rumors claimed earlier on Wednesday which cited an unnamed source, the American multinational financial service company JPMorgan is ending its banking relationship with the cryptocurrency exchange. Despite
