ICON Price(ICX)

The global cryptocurrency market cap now stands at $1.75T, down by -5.60% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $38,536 and $42,572 over the past 24 hours. As of 04:00 PM (UTC) today, BTC is trading at $39,154, down by -7.93%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include ICX, JASMY, and MIR, up by 30%, 26%, and 17%, respectively.Top stories of the day:South Korean token ICX surges as much as 60% in last 24 hours, last up 30%IoTeX partners with Google CloudPussyRiot co-founder launches DAO to support women and LGBT+ artistsGMT soars 1,230% after its Binance listingNew token STEPN (GMT) is trading at $0.13298 at press time, up 1,230% in 24 hours.Ethereum gas fees fall to 6-month lowGas fees jumped as NFT's popularity surged throughout 2021 and early 2022, but are now as low as 50 gwei.Crypto miners to benefit from Biden’s executive order: JefferiesJefferies analyst Jonathan Peterson said that the executive order appears to broadly support the digital asset industry and seeks to put the U.S. ahead of the curve.Dubai introduces virtual asset law to develop crypto sectorDubai has approved the Virtual Assets Law, which is said to be designed to grow the UAE's position in the cryptocurrency space.State Street to launch crypto custody for institutional clientsState Street has teamed up with crypto infrastructure provider “Copper” to introduce institutional-grade crypto custody for its clients.Market movers:ETH: $2596.36 (-5.90%)BNB: $365.3 (-8.05%)LUNA: $102.2 (+1.00%)XRP: $0.728 (-5.36%)ADA: $0.802 (-6.64%)SOL: $81.84 (-8.10%)AVAX: $72.78 (-8.08%)DOT: $16.91 (-5.90%)DOGE: $0.117 (-5.34%)SHIB: $0.00002269 (-6.78%)Top gainers on Binance:ICX/BUSD (+30%)JASMY/BUSD (+26%)MIR/BUSD (+17%)

ICX, the native token of the South Korean blockchain ICON, is up some 30% in the last 24 hours and is trading at $0.881 at the time of press. This move came after the election of crypto-friendly conservative South Korean Presidential candidate Yoon Suk-yeol. In a crypto-heavy election cycle, Yoon and the other major candidate both released campaign-related non-fungible tokens, and Yoon promised to undo his predecessor’s crypto-regulations. Last December in a televised event, Yoon minted his signature using the ICON blockchain.ICON is an aggregator chain for decentralized applications. ICX surged 60% in the hours following his election, but has since corrected to a 40% gain.

The global cryptocurrency market cap now stands at $1.75T, down by -5.63% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $38,802 and $42,598 over the past 24 hours. As of 09:00 AM (UTC) today, BTC is trading at $39,311, down by -6.43%.Most major cryptocurrencies by market cap are trading lower. Market outperformers include GMT, ICX, and JASMY, up by 1225%, 41%, and 32%, respectively.Top stories of the day:GMT soars 1,230% after its Binance listingNew token STEPN (GMT) is trading at $0.13298 at press time, up 1,230% in 24 hours.Ethereum gas fees fall to 6-month lowGas fees jumped as NFT's popularity surged throughout 2021 and early 2022, but are now as low as 50 gwei.Crypto miners to benefit from Biden’s executive order: JefferiesJefferies analyst Jonathan Peterson said that the executive order appears to broadly support the digital asset industry and seeks to put the U.S. ahead of the curve.Dubai introduces virtual asset law to develop crypto sectorDubai has approved the Virtual Assets Law, which is said to be designed to grow the UAE's position in the cryptocurrency space.State Street to launch crypto custody for institutional clientsState Street has teamed up with crypto infrastructure provider “Copper” to introduce institutional-grade crypto custody for its clients.Market movers:ETH: $2601.67 (-5.59%)BNB: $377.6 (-4.36%)XRP: $0.7358 (-2.28%)LUNA: $96.56 (-0.46%)ADA: $0.809 (-4.71%)SOL: $83 (-6.81%)AVAX: $73.43 (-6.79%)DOT: $17.09 (-4.63%)DOGE: $0.1164 (-5.83%)SHIB: $0.00002289 (-6.00%)Top gainers on Binance:GMT/BUSD (+1225%)ICX/BUSD (+41%)JASMY/BUSD (+32%)