Binance Market Update (2022-06-01)
Full disclaimer: This platform includes third party opinions. We do not endorse their accuracy. Digital asset prices can be volatile. Do your own research. See full terms here.
The global cryptocurrency market cap now stands at $1.27T, down by -3.45% over the last day, according to CoinMarketCap data.
Bitcoin (BTC) has been trading between $30,671 and $32,378 over the past 24 hours. As of 04:00 PM (UTC) today, BTC is trading at $30,709, down by -4.22%.
Most major cryptocurrencies by market cap are trading mixed. Market outperformers include AKRO, T, and SXP, up by 17%, 17%, and 10%, respectively.
Top stories of the day:
- Binance Labs Closes $500M Investment Fund to Boost Blockchain, Web3, and Value-Building Technologies
Binance Labs closes a new $500 million investment fund with support from leading global institutional investors.
- eBay launches its NFT collection on Polygon
Polygon announced via Twitter that e-commerce platform eBay has launched its first-ever NFT collection on the Polygon blockchain.
- Ethereum Testnet Beacon Chain Goes Live for Upcoming Merge
Tim Beiko announced on Tuesday that the Ropsten Beacon Chain had been launched as a testnet for Ethereum users.
- Glassnode: Bitcoin Holders Show Strong Accumulation For First Time in Months
Latest data from Glassnode shows investors in the Bitcoin market have shown strong accumulation behavior recently.
- Sandbox to Host its First Pride Celebrations
The Sandbox metaverse plans to host this important cultural experience that highlights diversity, community, and various industries in Web3.
- Polygon Increases KYC Scrutiny of Potential Investments and Grants in India
Polygon is requiring extensive KYC details to provide funding, investments, grants or financial support to potential partners in India,
- Market Wrap: Bitcoin Rises to $32K, Outperforming Altcoins
Bitcoin (BTC) is showing signs of life following nine consecutive weeks of losses.
- LUNA: $6.5802 (-28.54%)
- ETH: $1876.81 (-5.64%)
- BNB: $304.9 (-5.19%)
- XRP: $0.4075 (-2.30%)
- ADA: $0.5684 (-10.43%)
- SOL: $42.9 (-7.54%)
- DOGE: $0.08391 (-1.94%)
- DOT: $9.99 (-4.22%)
- TRX: $0.08803 (+8.42%)
- AVAX: $24.68 (-8.96%)
Top gainers on Binance:
View full text