Bitcoin accounts for 47% of total crypto market capitalization, highest since October.
Bitcoin accounts for 47% of total crypto market capitalization, highest since October.
The world’s largest cryptocurrency Bitcoin now accounts for about 47% of total crypto market capitalisation.
This is the highest it has been since October 2021.
Bitcoin’s current market value stands at over $562 billion. It is followed by Ethereum as the second-largest cryptocurrency with a market value of over $212 billion.
Bitcoin’s current price stands at $29,617.00 as per Bitcoinlfg data.
650 mn XRP worth $251 mn moved via 7 transactions in 24 hrs: Report
Several crypto exchanges and anonymous wallets moved over 650 million XRP tokens, worth over $251 million, via seven transactions within 24 hours.The largest transfers moved staggering amounts from 130 million to 210 million XRP tokens. Around 210,669,140 tokens were sent from a wallet which was set up by Ripple.
Whale Alert cryptocurrency tracker has shared that in the past 24 hours, more than 650 million XRP have been shifted by several crypto exchanges and anonymous wallets.
The largest transactions carried over 130 million of XRP tokens. Among the senders was Ripplefintech behemoth.
A total of 650,200,000 XRP has been moved by various senders. The aforementioned amount of crypto has been sent in seven transactions – that is an equivalent of $251,293,057.
The largest transfers moved astounding amounts from 130 million to 210 million XRP. Ripple crypto giant was also spotted among the senders a 210,669,140 was sent from a wallet which was set up by Ripple –
This gigantic amount of XRP worth $83,507,590 was moved to another wallet that belongs to Ripple Labs.
Shiba Inu token (SHIB) is a decentralized cryptocurrency created in August 2020 by an anonymous person or group known as “Ryoshi”.In the past 24 hours, there have been a total of 201,786,888 $SHIB tokens burned and 17 transactions.
More than 163 million Shiba Inu tokens burned in 24 hours.
More than 163 million Shiba Inu tokens were burned in the last 24 hours.However, the SHIB burn rate dropped by over 42% despite the burning.
One of the most significant transactions that contributed to the latest burn was of 98 million tokens.
The cryptocurrency’s current circulating supply is more than 556 trillion.
16th largest crypto Shiba Inu rises 2.58% in 24 hours, m-cap at $6 bn.
The world’s 16th largest cryptocurrency Shiba Inu has risen 2.58% in the last 24 hours and is currently trading at $0.00001100.It witnessed a 24-hour high price of $0.00001128, whereas its 24-hour low price stands at $0.00001075. Shiba Inu’s current market value is over $6 billion.
10th largest crypto Dogecoin up 2% in 24 hours, m-cap at $10 bn.
The world’s 10th largest cryptocurrency Dogecoin has risen nearly 2% in the last 24 hours and is currently trading at $ 0.0000001.Its current market value is over $10 billion. The meme-inspired token’s 24-hour high price is $0.08301 and the 24-hour low price is $0.08044. The amount of DOGE coins currently in circulation is 132.67 billion.
Bitcoin jumps 2.62% in last 24 hours to trade over $30,000 again.
World’s largest cryptocurrency Bitcoin has jumped around 2.62% in the last 24 hours to trade over $30,000 again. However, the coin is over 55% down from its all-time high of $68,789 in November 2021.It currently has a market capitalisation of more than $581 billion and its trading volume stands at over $28 billion.
Solana sees 2nd biggest rise among 10 largest cryptos in 24 hours, surges by over 4%.
Solana has made the second biggest rise among the 10 largest cryptocurrencies in past 24 hours. The world’s ninth largest cryptocurrency is now trading at $40.77 after an increase of 4.71%. Solana’s market capitalisation is now over $13 billion. It saw a decline of over 2.3% in the past seven days.
Cardano jumps 5%, records biggest rise among 10 largest cryptocurrencies.
World’s sixth largest cryptocurrency Cardano has seen a jump of around 5% in the past 24 hours and is trading at $0.5892. The cryptocurrency has shown a rise of 25.54% in the last seven days. Its current market capitalisation is worth over $19 billion. Cardano has seen the maximum rise among the 10 largest cryptocurrencies in the last 24 hours.
Just in: Ripple (XRP) has surged more than 3% in the last 24 hours and is currently trading at around $0.4082.
XRP at present is the world’s seventh largest cryptocurrency with a market capitalisation of more than $19 billion.
The coin’s trading volume dropped more than 23% in the last 24 hours to around $1,218,990,570.
Ripple is a money transfer network designed to serve the needs of the financial services industry. XRP is the native cryptocurrency on the Ripple network, and it consistently lists among the top 10 cryptocurrencies by market capitalization.
Ripple is a technology that acts as both a cryptocurrency and a digital payment network for financial transactions.
Solana (SOL), the smart contract functionality blockchain also dubbed as ‘Ethereum killer’, has extended losses in 2022, with the network experiencing recurrent outages in recent months.Solana began 2022 trading at $173 but has since recorded a year-to-date (YTD) drop of about 77%, trading at $39 by press time. Notably, Solana’s YTD plunge is double that of Bitcoin.
Solana, the world’s ninth-largest cryptocurrency, has fallen around 77% in 2022, with the network experiencing recurrent outages in recent months. The smart contract functionality blockchain began 2022 trading at $173, with its current price being $40.83. Over the last 24 hours, the token plunged by over 11% due to another wide-scale outage.
Over the last 24 hours, the token plunged by over 11% in the wake of another wide scale outage where validators on the network could not process new blocks for several hours.
The outage was confirmed by Solana Labs co founder Anatoly Yakovenko who stated the issue was due to a durable transaction nonce that affected the blockchain’s ability to process transactions designed for offline use-cases.
FTX becomes one of the most used smart contracts among top ETH whales in last 24 hrs
FTX Token was one of the most used smart contracts among the top 100 ETH whales in the last 24 hours, according to data released by WhaleStats on Thursday.
Meanwhile, it is currently trading at $26.84, which is over 68% less than its all-time high of $84.18 in September last year.
FTX is a cryptocurrency derivatives exchange that offers futures, leveraged tokens and OTC trading with a focus on institutional-grade solutions. The FTX Token is the backbone of the FTX ecosystem, which was designed to increase network effects and demand for FTT as well as decrease its circulating supply.
The Luna Classic price is $0.01, a change of -45.42% over the past 24 hours.The recent price action in Luna Classic left the token’s market capitalization at $51,780,283,629.75 USD. So far this year, Luna Classic has a change of -99.99%. Luna Classic is classified as a Application token under CoinDesk’s Digital Asset Classification Standard (DACS).
Terra’s old LUNA token, now known as LUNA Classic (LUNC), has dropped more than 50% in the last 24 hours. It is currently trading at around $0.007705. The new LUNA token also saw its price dip by over 25% in the past 24 hours and it is currently trading at $6.30. LUNA 2.0 had briefly reached $30 after its launch.
Luna classic (LUNC) is the native token of the original Terra blockchain, which was launched in 2018. At that time, the token’s name was LUNA. In the wake of the collapse of the blockchain’s algorithmic stablecoin, TerraUSD (UST), in May 2022, the community voted to create a new blockchain.After the launch of “Terra 2,” the native token of the new network inherited the LUNA name, while the old blockchain’s token was rebranded to luna classic (LUNC).
As of May 2022, LUNC’s all-time highest price was $119.02 (when it was still the old LUNA token), recorded in April 2022. The token rallied past $100 from a few dollars in less than a year and became one of the top 10 cryptocurrency by market capitalization as sustained demand for Terra’s stablecoin resulted in a dwindling LUNC supply.
Luna classic was created to be the native token of the original Terra blockchain. It acted as the twin token that was designed to absorb any price deviation of the blockchain’s algorithmic stablecoin, TerraUSD (UST). UST was supposed to keep a one-to-one exchange rate to the U.S. dollar by creating (minting) and (destroying) burning UST tokens to balance the stablecoin’s supply and demand at a $1 price peg.
After sinking to $29,743.13, the top cryptocurrency is now dangerously close to turning negative on the weekly chart.
Bitcoin recently scored its ninth consecutive week in the red, and bears have a decent chance to extend this bearish streak if the top cryptocurrency remains below $29,454 on Sunday.
Bitcoin a cryptocurrency designed to act as money and a form of payment outside the control of any one person, group, or entity, and thus removing the need for third-party.Bitcoin was introduced to the public in January 2009 by an anonymous developer or group of developers using the name Satoshi Nakamoto.
Launched in 2009, Bitcoin is the world’s largest cryptocurrency by market capitalization.
Previously Bitcoin was showing signs of bottoming out after sliding for nine straight weeks for the first time in its history. But now its again sinking to $29, 743.13 coming dangerously close to turn negative in the weekly chart.
