Welcome back to today News updates
📈 Crypto market surges to $30.28B in 24 hours, up 13.43%! 💰💹
🔥 DeFi hits $2.54B volume, 8.38% of total market. 🚀📊
💎 Stable coins dominate with $27.08B volume, 89.40% of market. 📉💰
🌟 Bitcoin’s dominance at 49.34%, down 0.27%. ⚡️💪
🌟 Positive movement in ETH, Solana, Doge, and Litecoin.✨
Keep an eye on top gainers and losers! 🚀🔍
✨ Top gainer: Compound (COMP) up 26.24% at $66.44! 📈💰
😢 Top loser: UNUS SED LEO down 7.46% at $3.83. 📉
Latest News Updates
Bitcoin Price Skyrockets: Analyst Reveals Unexpected Twist!
Bitcoin's price surpasses $30,000, breaking resistance levels at $31,000 and $32,000. Analysts predict a rally towards $38,000 instead of a slide to $25,000. Bullish indicators, such as a MACD buy signal and Bitcoin staying above key moving averages, further support the upward trend. On-chain analyst Willy Woo even suggests that if institutions allocate 5% to Bitcoin, its price could reach an astonishing $310,000 per BTC.
Elon Musk Enforces Twitter 'Rate Limit' to Stop Manipulation!
In a bid to combat data scraping and manipulation, Twitter introduces 'rate limits.' Verified accounts are limited to 10,000 daily posts, while unverified accounts face stricter limitations. Users may experience missing tweets and receive rate limit messages. Elon Musk defends this move, emphasizing its role in preserving platform integrity.
NFT Market Plummets After Azuki Incident: Prices Drop
The NFT market suffers a significant decline following the Azuki incident. Notably, collections like Bored Ape Yacht Club (BAYC) experience a 16% drop below 30 ETH, while Mutant Ape Yacht Club (MAYC) falls 20% below 5 ETH. Overall, the NFT market's value plunges by 53%, reaching 3.33 million ETH. The Azuki incident serves as a triggering event for the market's downturn.
SEC Alleges Dash as Security: Bittrex Fights Back
Bittrex responds to the SEC's allegation that Dash is a security by filing a motion to dismiss the case. The allegation stems from Dash being sold as a foreign exchange to non-US customers. Dash holders now face unexpected scrutiny from the SEC, resulting in a prolonged period of uncertainty spanning nine years. Clarity on the matter remains elusive.
PolyNetwork2 Faces Potential Breach: Hacker Exploits Contracts
PolyNetwork2 encounters a potential breach as a hacker exploits contracts using private keys or a multi-signature attack. Unauthorized withdrawals occur across various blockchains, targeting cross-chain bridge contracts and impacting multiple blockchain networks. The security of PolyNetwork2 is threatened as the hacker manipulates withdrawals, raising concerns about the platform's integrity.
Stay tuned for more exciting updates and developments in the world of cryptocurrencies!