The global cryptocurrency market cap now stands at $1.85T, down by 3.95% over the last day, according to CoinMarketCap data.
Bitcoin (BTC) has been trading between $40,077 and $42,423 over the past 24 hours. As of 2:00 pm (UTC) today, BTC is trading at $40,415, down by 4.37% on the day.
Most major cryptocurrencies by market cap are trading lower on the day. Market outperformers include DIA, ALPACA, and NEO, up by 25%, 17%, and 11%, 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.
- ETH: 2,898.91 (-3.2%)
- BNB: $404.5 (-2.72%)
- SOL: $94.04 (-3.4%)
- XRP: $0.7808 (-2.9%)
- ADA: $1.02 (-3.03%)
- LUNA: $51.04 (-7.03%)
- AVAX: $86.06 (-5.57%)
- DOT: $18.29 (-2.24%)
- DOGE: $0.14010 (-3.38%)
- SHIB: $0.00002891 (-4.75%)
Top gainers on Binance: