24 Hrs Crypto Update, Apr 13: Bitcoin stays above $30k; Solana and ETH
- On Thursday, cryptocurrencies experienced a surge in trading due to the release of better-than-anticipated US economic data. Bitcoin, the leading digital currency, surpassed the $30,500 mark, while Ethereum, another popular cryptocurrency, exceeded the psychological threshold of $2,000
- In the past 24 hours, the market value of several prominent cryptocurrencies, such as BTC, ETH, SOL, and ETH, has experienced a substantial increase
Bitcoin and Ethereum experienced an uptick in trading,
BENCHMARK
| Indices | LTP | Change (%) |
|---|---|---|
| BITCOIN | $30768 | 2.60% |
| ETHEREUM | $2109 | 10.77% |
CRYPTO STATS(24H)
| Indices | VALUE | Change (%) |
|---|---|---|
| MARKET CAP | $1.33 T | 4.30% |
| TRADING VOLUME | $61.30 B | 18.80% |
TOP 5 GAINER
| Indices | LTP | Change (%) |
|---|---|---|
| Zombie Inu | $0.00000000014 | 475.61% |
| OOGI | $0.0000042 | 264.87% |
| Pillar | $0.026 | 124.77% |
| DEGEN Index | $0.0000022 | 116.47% |
| Newscrypto Coin | $0.17 | 79.10% |
TOP 5 LOSER
| Indices | LTP | Change (%) |
|---|---|---|
| FairGame | $0.000010 | 71.06% |
| YOYOW | $0.000033 | 67.43% |
| DOEX | $0.000058 | 54.76% |
| Vires Finance | $1.49 | 48.83% |
| GazeTV | $0.00015 | 40.02% |
Bitcoin and Ethereum experienced an uptick in trading,
while Solana saw a significant surge of over 5%.
Additionally, Polkadot, Litecoin, Dogecoin, and Cardano also traded with gains. As a result, the global cryptocurrency market cap rose to approximately $1.33 trillion, marking a 4.02% increase in the last 24 hours.
Major Events Around the World
During the Saga Launch Event, Anatoly Yakovenko, co-founder of Solana, spoke about the challenges that users face when it comes to the user experience in web 3.0. He emphasised that this is precisely what the Saga aims to solve. To address this issue, Solana has developed a mobile stack that consists of two key components: the Seed Vault and the Solana dApp Store. The dApp Store provides users with access to Solana's Decentralized Finance (DeFi) protocols, NFT marketplaces, and Web 3.0 apps. Meanwhile, the Seed Vault ensures that users' seeds are protected from malicious actors through secure hardware and AES encryption.
Based on court documents, it has been reported that the U.S. District Court for the Southern District of New York sent a civil subpoena to Justin Sun's address in Singapore. The subpoena requires a response to be served to the plaintiff (US SEC) or their agent within 21 days. This legal action suggests that Sun may be facing scrutiny from the SEC.
Uniswap Labs, the renowned crypto firm that operates the Uniswap decentralized exchange (DEX), has finally received approval from the Apple App Store for its wallet app. The Uniswap Wallet iOS software, which was recently launched, is now available to customers in the United States and several other countries. This is a significant milestone for the DeFi protocol, which is currently valued at an impressive $3.5 billion. The Uniswap Wallet was initially announced in March, but the launch was delayed due to Apple's approval process.
COIN GABBAR Views: Ethereum's Shapella upgrade and Bitcoin's surge above $30,500, with ETH also surpassing $2,100. This has led to speculation about whether or not crypto whales are stocking up on these altcoins. The recent surge in Bitcoin and Ethereum prices has sparked interest among investors and traders alike, with many wondering if this is a sign of a larger market trend.
While it is impossible to predict the future of the cryptocurrency market with certainty, it is clear that these recent developments have captured the attention of both seasoned investors and newcomers to the space. As such, it is important to stay informed and educated about the latest news and trends in order to make informed investment decisions. Please stay tuned with us www.coingabbar.com
Also read: FTX Legal Fees So High, They Might Have to Create a New Cryptocurrency Just to Pay Them Off
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.
