Early on April 1, cryptocurrency were trading in the red. The worldwide crypto market capitalization is now $2.05 trillion, down 4.88 percent from the previous day.
The overall crypto market volume over the last 24 hours has increased by 16.84 percent to $131.94 billion.
The entire volume in DeFi is currently $19.97 billion, accounting for 15.14 percent of the total 24-hour volume in the crypto market.
The overall volume of all stable coins is now $109.15 billion, accounting for 82.72 percent of the total 24-hour volume of the cryptocurrency market.
Bitcoin’s price is currently Rs 34.44 lakh, with a 41.48 percent market share. According to CoinMarketCap data, this represents a 0.11 percent fall from the previous day.
All of the major cryptos on our list have declined, with the exception of Tether, which is up 1.7 percent. Polkadot is down -6.06 percent, and Dogecoin is down -5.89 percent.
Cardano (-5.16 percent), Binance (-4.89 percent), XRP (-4.37 percent), Bitcoin (-4.09 percent), and Ethereum (-4.09 percent) were the next most popular cryptocurrencies (-3.84 percent).
Binance, the world’s largest cryptocurrency exchange by trading volume, is hiring over 100 people in the United Arab Emirates (UAE) and is assisting in the development of Dubai’s new virtual asset legislation, according to its regional head.
Binance On UAE’s New Move
Binance’s links with the Gulf state have deepened in recent months as the UAE tries to style itself as the world’s new digital assets hub and develops regulation.
“It is a very progressive framework and we are very happy to be part of that process, working very closely with the Dubai government,” said Richard Teng, Binance’s MENA head.
“I wish more regulators globally adopt this approach that Dubai has – a public-private sector partnership.”
Ukraine And Cryptocurrency
The Ukrainian government has gone to great lengths to enlist the help of the cryptocurrency community, and their efforts have paid off.
As of March 31, the country has received almost $71.66 million of its $200 million objective since officials began tweeting appeals for donations on February 26.
As of mid-March, Ukraine had spent around $34 million of the funds either as crypto tokens where accepted or converting it to traditional currency, Alex Bornyakov, the country’s deputy minister for digital transformation said.
Current Crypto Prices
As off 8.30 am on April 01, these are the prices of largest cryptocurrencies (data from WazirX):
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