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Binance Market Update (2022-02-18)

2022-02-18 09:58
The global cryptocurrency market cap now stands at $1.91T, down by 1.96% over the last day, according to CoinMarketCap data.
Bitcoin (BTC) has been trading between $40,095 and $43,378 over the past 24 hours. As of 10:00 am (UTC) today, BTC is trading at $40,908, down by 5.42% on the day.
Most major cryptocurrencies by market cap are trading mixed on the day. Market outperformers include DIA, ALPACA, and API3, up by 27%, 19%, and 14%, respectively.
Top stories of the day:
  • Ukraine’s parliament adopts law on virtual assets
    Ukraine’s parliament, the Verkhovna Rada, adopted a law on virtual assets on Thursday, referring regulation of the market to the National Securities and Stock Market Commission and the National Bank of Ukraine (NBU).
  • Circle to go public on NYSE, doubles valuation to $9B
    Circle, the issuer of the world's second-largest stablecoin, USDC, has come to an agreement to merge with Concord Acquisition Group to form a new holding company that will take Circle's valuation from $4.5 billion to $9 billion.
  • Algorand Foundation announces the launch of its SupaGrant
    The Algorand Foundation announced the launch of its SupaGrant, a $10 million program that would be rewarded among teams that will explore and accelerate the technical work needed to deliver EVM compatibility on the Algorand blockchain.
Market movers:
  • ETH: 2,928.91 (-4.2%)
  • BNB: $409.30 (-3.51%)
  • SOL: $95.58 (-3.15%)
  • XRP: $0.7945 (-2.92%)
  • ADA: $1.038 (-2.21%)
  • LUNA: $51.47 (-6.06%)
  • AVAX: $89.47 (-3.92%)
  • DOT: $18.71 (-3.60%)
  • DOGE: $0.1419 (-3.43%)
  • SHIB: $0.00002931 (+5.33%)
Top gainers on Binance:
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