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Binance Market Update (2022-02-24)

2022-02-24 06:52
The global cryptocurrency market cap now stands at $1.57T, down by 9.3% over the last day, according to CoinMarketCap data.
Bitcoin (BTC) has been trading between $34,347 and $39,270 over the past 24 hours. As of 6:00 am (UTC) today, BTC is trading at $34,850, down by 8.17% on the day.
Most major cryptocurrencies by market cap are trading lower on the day. Market outperformers include PAXG, SPARTA, and WAVES, up by 18%, 13%, and 7%, respectively.
Top stories of the day:
  • Brazil's Senate gears up to vote on its crypto regulation bill
    Brazil’s crypto regulation bill has passed a crucial legislative stage in Senate, where it’s now slated for voting. The development came on February 22 when the Senate’s Economic Affairs Committee unanimously adopted the proposals.
  • Animoca Brands leads $10M funding round for NFT platform Ucollex
    Ucollex, a Hong Kong-based non-fungible token (NFT) platform focused on art and pop culture collectibles, has closed a $10 million Series A funding round led by Animoca Brands and more investors.
  • Warner Music Group adding Play-to-Earn games with Splinterlands partnership
    Warner Music Group (WMG) has partnered with blockchain gaming company Splinterlands to develop play-to-earn games for its roster of artists.
Market movers:
  • ETH: 2,346.94 (-11.73%)
  • BNB: $332 (-8.79%)
  • SOL: $81.47 (-11.8%)
  • XRP: $0.6366 (-14.05%)
  • ADA: $0.773 (-6.46%)
  • LUNA: $52.16 (-14.63%)
  • AVAX: $66.72 (-13.99%)
  • DOT: $14.16 (-12.38%)
  • DOGE: $0.1117 (-15.92%)
  • SHIB: $0.00002189 (-12.90%)
Top gainers on Binance:
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