Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
$94,775.00
0.57%$1,808.16
-0.16%$2.34
7.23%$606.46
1.02%$151.47
2.15%$0.999903
-0.01%$0.181766
0.33%$0.724308
3.25%$0.246808
-1.17%$1,806.57
-0.14%$94,589.00
0.50%$3.68
1.23%$15.05
2.80%$22.33
-0.32%$0.291807
2.02%$3.33
1.25%$0.1976
4.00%$8.99
-0.21%$0.00001402
0.82%$2,168.26
-0.10%$0.999941
-0.00%$354.03
0.26%$87.66
1.98%$4.23
1.94%$18.37
4.44%$281.77
22.80%$1.001
0.08%$4.41
0.22%$1,806.44
-0.17%$0.999732
0.04%$0.62377
-2.28%$29.19
-0.73%$1,926.02
-0.15%$94,729.00
0.53%$0.00000903
-0.39%$5.64
1.90%$383.57
7.96%$5.54
-3.55%$52.16
-0.98%$0.988111
2.13%$2.58
-0.33%$15.46
3.96%$22.47
0.35%$5.17
0.32%$1.049
0.01%$0.10037
0.66%$172.97
1.96%$16.95
-0.43%$1.00
0.00%$0.092173
0.33%$0.741414
1.30%$30.96
-3.06%$0.02772722
4.27%$4.43
-0.22%$1.17
-0.06%$0.241347
-3.02%$0.2343
4.24%$4.47
0.08%$0.356893
1.38%$94,460.00
0.58%$0.732665
-6.23%$2.80
2.09%$3.00
4.98%$4.28
0.11%$0.533458
1.32%$0.346735
0.78%$0.00002101
10.65%$1.15
-3.00%$0.99984
-0.04%$4.14
0.92%$94,716.00
0.58%$0.480685
2.68%$0.801089
-2.43%$10.62
0.80%$0.860972
-4.20%$1,502.15
0.68%$0.078868
5.79%$158.64
2.39%$1.20
5.43%$1.18
14.82%$76.67
3.73%$1,808.01
-0.15%$0.599071
0.74%$0.213217
6.89%$3.97
1.60%$0.01686508
0.42%$0.687681
1.35%$1,881.68
-0.16%$10.15
0.57%$0.100591
-1.36%$1.00
-0.10%$606.40
1.03%$1.00
0.02%$0.665725
-0.17%$0.999967
0.01%$3.03
1.87%$2,049.20
0.26%$0.01744614
2.29%$0.226814
9.24%$1.27
13.59%$0.0129987
27.30%$3,287.16
-0.94%$94,307.00
1.42%$0.645522
16.15%$1.00
0.01%$40.44
-6.80%$0.79911
11.40%$3,287.34
-0.92%$0.868068
1.24%$0.00007977
1.21%$167.16
2.15%$0.01722301
0.66%$13.24
0.97%$94,788.00
0.50%$4.15
-2.75%$194.93
2.11%$0.303547
0.03%$0.732617
0.05%$94,849.00
0.49%$0.00000073
-5.26%$2.11
3.25%$1,923.16
-0.13%$0.114452
1.09%$0.066987
1.81%$0.997746
0.02%$0.6509
1.83%$0.01927225
-1.00%$0.405642
0.94%$1.00
0.04%$18.39
-5.49%$37.94
14.58%$0.31908
0.50%$1.10
-1.19%$0.240124
-0.72%$1.82
0.66%$0.559359
0.60%$0.160487
-0.68%$0.614959
5.60%$1,889.93
0.05%$2.71
4.37%$3.41
2.49%$0.220264
24.03%$0.00919211
0.73%$0.00567275
0.24%$0.531007
5.66%$0.661022
0.90%$0.620843
-1.08%$0.999901
-0.01%$0.458396
-0.61%$0.999343
0.09%$17.40
0.30%$0.068209
1.29%$1.39
1.66%$0.413011
-3.03%$94,865.00
0.00%$94,702.00
0.49%$92,613.00
3.27%$1,888.59
-0.17%$7.10
2.42%$0.181504
0.37%$0.999901
-0.01%$1.67
0.12%$0.00002288
-3.51%$0.15617
1.08%$6.35
-2.10%$0.54775
2.82%$94,588.00
0.56%$110.83
0.00%$1,808.50
-0.22%$0.241528
-2.83%$0.00000042
-1.35%$0.091425
2.08%$2.56
0.27%$1.085
-0.00%$1.001
0.15%$0.079101
2.44%$0.4131
6.64%$0.04035917
-2.81%$0.04170175
0.37%$3.65
0.12%$1,923.92
-0.13%$1,807.79
-0.10%$43.34
0.66%$0.00737717
0.15%$1,808.62
-0.16%$21.67
0.11%$0.374772
1.40%$0.00512282
-5.71%$1.00
-0.00%$0.175825
4.65%$1.003
0.01%$0.564577
-0.82%$0.00006399
-0.62%$0.132001
-0.61%$0.0041067
-0.48%$0.01780763
-1.49%$1,790.85
-0.86%$0.814945
-0.95%$2.97
3.29%$1,841.48
-0.59%$0.999846
-0.13%$0.999955
0.02%$0.999877
-0.00%$28.82
0.55%$0.698525
1.31%$0.697649
-1.27%$0.285755
20.67%$1.25
0.04%$0.248891
0.80%$94,656.00
0.58%$1.26
-1.08%$0.999858
0.02%$0.712393
0.51%$24.28
11.42%$114.17
1.23%$3.65
0.62%$0.00000142
-2.88%$0.20792
4.33%$1,790.62
-0.22%$0.138696
0.87%$94,604.00
0.81%$0.00378969
8.42%$0.278706
-1.57%$0.999424
-0.06%$3,289.68
-0.41%$16.44
2.22%$0.0026116
4.03%$0.00266371
10.86%$1,912.23
0.04%$1,806.89
-0.23%$0.530397
1.95%$18.37
4.16%$2.81
-2.10%$0.01311351
0.55%$0.00291808
3.71%$0.03748729
-0.02%$0.111664
-0.02%$0.999774
-0.01%$0.9786
-0.01%$0.450755
0.89%$1,903.16
0.56%$0.00000065
1.67%$22.32
-0.27%$0.736276
-2.70%$1.097
0.05%$0.02908184
-1.10%$0.607732
-0.13%$0.244908
-0.13%Reading
The total crypto market capitalization plummeted 3.6% overnight, per CoinGecko data, as the United States Securities and Exchange Commission (SEC) filed a fresh lawsuit against Binance.
The lawsuit alleges that Binance and its CEO Changpeng Zhao failed to block U.S. users from accessing Binance.com, conducting the unregistered offer and sale of crypto, and operating as an unregistered exchange, broker, and clearing house.
“We allege that Zhao and the Binance entities not only knew the rules of the road, but they also consciously chose to evade them and put their customers and investors at risk—all in an effort to maximize their own profits,” wrote Gurbir S. Grewal, Director of the SEC’s Division of Enforcement, in a press release on Monday.
Given Binance's size, hosting billions in traders across tens of millions of monthly users, the markets have sunk in reaction to the news.
Bitcoin (BTC) and Ethereum (ETH) lost 4.2% and 3.1%, respectively. They last traded at $25,694 and $1,815.
Altcoins, or cryptocurrencies other than Bitcoin, posted larger losses ranging between 5% and 15% over the same period.
PepeCoin (PEPE), the popular frog-themed meme coin, led the daily market’s losses with a 14.9% decline since Monday. Dogecoin (DOGE), the only other meme coin in the list, lost 7%.
A new meme coin is born. Pepe (PEPE), launched just two weeks ago, has now entered the market’s top 100 largest cryptocurrencies, with a market capitalization of $582 million. The PEPE token pumped 111% in the last 24 hours and is up 304% over the week, according to CoinGecko. PEPE is an ERC-20 token with a supply of 420.69 trillion tokens, joining the ranks of so-called meme coins, or tokens based on internet memes and popular culture references. While there have been several Pepe the Frog NFTs...
The list of top ten losers beyond PepeCoin included The Sandbox (SAND), Sui (SUI), Conflux (CFX), Decentraland (MANA), Trust Wallet (TWT), Terra Luna Classic (LUNC), Fantom (FTM), Aptos (APT), Immutable (IMX), and Axie Infinity (AXS).
Among these, Trust Wallet is Binance-owned. The three metaverse tokens in SAND, MANA, and AXS were listed by the SEC as unregistered securities in the lawsuit against Binance.
Other cryptocurrencies that the SEC regarded as unregistered securities include Solana (SOL), Cardano (ADA), Polygon (MATIC), Coti (COTI) and Algorand blockchains (ALGO), Filecoin network (FIL), and Cosmos hub (ATOM). These tokens suffered losses between 6% to 8% in the last 24 hours.
The total market capitalization of Tether’s USDT increased by $12 billion.
Together with relatively fewer losses in the majors such as Bitcoin and Ethereum and an increased supply of USDT, the trend indicates a strong risk-off move away from high-risk altcoins.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
Spar supermarkets in Switzerland are preparing to roll out Bitcoin payments nationwide after a successful pilot backed by the crypto payments firm DFX Swiss, in a move that could make crypto a staple of everyday life. Earlier this month, Spar’s Zug location began accepting Bitcoin via the Lightning Network, using DFX Swiss’s OpenCryptoPay platform, an open, peer-to-peer standard designed for in-person crypto transactions. A second Spar store in Kreuzlingen followed a few days later. “Zug was ju...
Prominent technology investor Cathie Wood’s Ark Invest released an updated Bitcoin price target, outlining a path for the top cryptocurrency to reach a price of as much as $2.4 million per coin by 2030. Released on Thursday, the latest report levels up Ark’s previous price predictions from its annual Big Ideas report, which used total addressable markets (TAM) and penetration rate assumptions to determine a price prediction for Bitcoin. Now, the firm combined its previous predictions with expe...
Bitcoin ETFs attracted $442 million in inflows yesterday, marking the fourth consecutive trading day of positive accumulation. Markets have been green since last Thursday, but were closed in various regions in observation of Good Friday and Easter. Total assets under management now stand at $108 billion, according to data from CoinGlass, reaching its highest level since late February, as Bitcoin continues its recovery from the low $80,000 range this week. BTC, the original cryptocurrency, is cur...