What Happened in the Crypto Market While Everyone Was Sleeping – June 21 Review
Date: 2023-06-21 Author: Karina Ziganova Categories: BLOCKCHAIN
Behavior of cryptocurrencies — leaders of capitalization
Bitcoin (BTC), according to CoinMarketCap, started Wednesday with growth. As of 06:54 (Moscow time), the cryptocurrency is trading at $28,721 (1 token in rubles — ₽2,433,690). Bitcoin's minimum in 24 hours is $26,668, the maximum is $28,964.
Ethereum, the second largest cryptocurrency by capitalization, also started the day with growth. As of the time of writing, the coin is trading at $1810 (1 token in rubles — ₽153,580)
Ethereum, the second largest cryptocurrency by capitalization, also started the day with growth. As of the time of writing, the coin is trading at $1810 (1 token in rubles — ₽153,580)
In the top 10 most capitalized cryptocurrencies, Cardano (+7.55%) recorded the best result per day, and Bitcoin (+10.55%) in a week. All coins, with the exception of the USD Coin stablecoin, showed positive dynamics within 24 hours. XRP recorded the biggest losses for the week.
In the top 100 most capitalized cryptocurrencies, the best result for the day (+22.28%) and week (+45.29%) was recorded by Stacks. Over the past 24 hours, the stablecoin Tether Gold (-0.52%) has been losing the most in price. The largest losses for the week were recorded at BitTorrent (New) (-12.49%).
In the top 100 most capitalized cryptocurrencies, the best result for the day (+22.28%) and week (+45.29%) was recorded by Stacks. Over the past 24 hours, the stablecoin Tether Gold (-0.52%) has been losing the most in price. The largest losses for the week were recorded at BitTorrent (New) (-12.49%).
The main news of cryptocurrencies on the morning of June 21
Czech car manufacturer Škoda is launching an NFT platform. Information about this appeared on the website of the Indian division of the organization.
Škoda launched the platform – Škodaverse India – as part of a partnership with the crypto project Near Protocol. The goal of the initiative is to immerse the company and its users in the web3 space. The company plans to release its own collection of non-fungible tokens. When exactly NFTs from Škoda will appear on the market, representatives of the organization did not specify.
Nansen analysts called the "conditions" for bitcoin to enter a new phase of active growth. In their opinion, the BTC bullrun will require clarity in the regulation of the crypto industry, as well as evidence of reducing inflation in the United States. Analysts shared this opinion in their new market research.
Nansen analysts called the "conditions" for bitcoin to enter a new phase of active growth. In their opinion, the BTC bullrun will require clarity in the regulation of the crypto industry, as well as evidence of reducing inflation in the United States. Analysts shared this opinion in their new market research.
Recall that the lack of a transparent regulatory framework for the crypto market was the reason for the flight of crypto companies from the United States. Inflation, which increased against the backdrop of tension in the geopolitical arena, in turn, became the reason for a series of increases in the Fed's key rate, which led to a fall in the stock market and put pressure on the crypto industry. In mid-June, the regulator, for the first time in more than a year, did not raise the rate.
The network noticed the activity of the wallet, which may be associated with the Silk Road darknet marketplace that collapsed in 2013. The blockchain recorded information about a small bitcoin transaction, which was carried out by unknown persons. The first to pay attention to a suspicious operation was The Block.
We are talking about a wallet to which part of the cryptocurrency stolen from the now closed marketplace was transferred. Recall that in April 2023, a US resident was sentenced to a year in prison for stealing 50,000 BTC from the Silk Road marketplace
