In the fast-paced world of cryptocurrencies, a series of events occur every day that shape the landscape of altcoin projects. From the latest exchange listings that are redefining market dynamics to AMA (question and answer) sessions where industry leaders share their perspectives, the crypto space remains as dynamic as ever. Today, we take the daily pulse of the cryptocurrency market and provide a comprehensive overview of notable events, latest developments, and influential voices driving the course of this ever-evolving ecosystem. Here are the details…
Today, this is critical for altcoin projects
- OKCoinJapan lists MASK today.
- Greelance (GRL) will hold a question and answer event today.
- PancakeSwap (CAKE) is ending its VeCAKE proposal voting today.
- JOE kicks off the Epoch 16 vesting process today.
- Kaspa and FLUX will hold a joint question and answer event.
- XCAD announced that it will make an announcement today.
- R will update the recovery plan today.
- FLOKI will hold a question and answer event about Valhalla.
- Zebec and GUAC will hold a joint question and answer event.
- LUNC will hold an Astroport community meeting.
- Derp will hold a question and answer event with Gate.io.
- PUNDIX opened PURSE airdrop voting today.
- Nakamoto Games will launch the NAKE game today.
- PYR will launch Chimera today.
- EGLD will meet in Bucharest today.
- PENDLE will hold a Q&A event on X today.
- CTK will end the update voting today.
- Altcoin SWETH will attend the LSTFi Summit.
- BitMart lists Gorilla today.
What is the latest situation in the market?
So, in what direction is the cryptocurrency market moving at this time? After several days of sideways trading around $36,500, the primary cryptocurrency once again tried to break down the $38,000 level on Monday, but to no avail. Like previous attempts, the bears were quick to block the move and did not even allow BTC to challenge $38,000 this time. Then came the news that Binance had reached an agreement with the US Department of Justice, as we reported as Kriptokoin.com, which initially had a positive impact on the crypto market.
But when everything became official on Tuesday and the DOJ announced a settlement in which Binance had to pay a $4.3 billion fine and its CEO Changpeng Zhao had to resign, prices soured. BTC dropped nearly $2,000 to $35,600 in a matter of minutes. However, it bounced back and rose above $36,600, where it currently stands, leaving $200 million worth of liquidation. Bitcoin’s market cap suffered and fell to $715 billion, and its dominance over altcoins fell to 51.5% on CMC.
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