Russian users BANNED from top cryptocurrency platform and told to withdraw funds ASAP. Image: Production Perig/Shutterstock.com

Notifications from users of the cryptocurrency platform have been shared on social media on Friday, October 14, with the screenshots showing that all accounts will be blocked from October 28.

The notification reads: As a result of EU sanctions, Blockchain dot com is currently restricted from providing custodial and rewards services to Russian nationals.

Please withdraw your custodial funds (including rewards) by October 27, 2022, after which date your account will be locked. Effective immediately, rewards accruals are now blocked, but can still be withdrawn by October 27.

@Flash_news_ua shared the news alongside an image of a users notification.

Today, Blockchain coms cryptocurrency platform stopped working with Russian users,

Users of the exchange began to receive reports that the site could no longer provide storage and remuneration services due to new EU sanctions. All accounts will be blocked from the 28th.

Today, Blockchain coms cryptocurrency platform stopped working with Russian users.

Users of the exchange began to receive reports that the site could no longer provide storage and remuneration services due to new EU sanctions. All accounts will be blocked from the 28th. pic.twitter.com/Kn7TDlF9Os

FLASH (@Flash_news_ua) October 14, 2022

Earlier this year, US President Joe Biden signed an executive order to prevent Russia from using cryptocurrency to evade sanctions.

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Russian users BANNED from top cryptocurrency platform and told to withdraw funds ASAP - Euro Weekly News

Supontis (PON) and Dogecoin (DOGE) are two very different coins.

One is a technical cryptocurrency created to improve the cross-chain transfer of various digital currencies like Ethereum, Binance, and Tron. The other is a meme coin that prides itself on seamless peer-to-peer transactions and a lively community.

Nonetheless, both have one thing in common. They are part of a growing change in the crypto economy that is not entirely focused on financial gain.

Because traditionally, investors immersed themselves in the crypto universe for the sole purpose of making a healthy return in the future.

And if you look at the trajectory of Bitcoin (BTC), the masses had a point. Less than one year ago, Bitcoin peaked at $67,549.74. This means that savvy investors who exchanged Bitcoin for fiat during this time walked away with a huge profit.

Indeed, the goal of making money from crypto is unlikely to cease. But its fair to say that not all crypto geeks are actively looking to withdraw their finances. In actuality, some people want a bit of crypto to remain in their wallet for trading or communal purposes.

The interesting predicament now is, which type of modern crypto will trend in the market for the longest time? Will investors continue to gravitate towards meme currencies or will more technical coins be better off in the long run?

Dogecoin is statistically the most popular meme coin of all time. At the time of writing, it is ranked number 10 on coinmarket and possesses a market cap of $7,915,648,509.

Its funny how Dogecoin started as just a meme. No one in the crypto world expected it to become so lucrative until an extremely rich and famous dude known as Elon Musk, decided to tweet about the coin in April 2019 and the rest is history.

Dogecoin undoubtedly gained a massive boost from the multi-billionaire. Nevertheless, the coin deserves credit for offering its users enough value from super fast and cheap transactions to keep them invested.

In contrast to Dogecoin, Supontis was not invented as a meme.

The cryptocurrency consists of a bridge platform that is built on the BNB Smart Chain and facilitates the cross-chain transfer of different assets. This is ideal for crypto nerds who like to seamlessly move their coins from one market to another.

But this is just the tip of the Supontis tsunami. Supontis also provides its users with a high level of security, extremely fast transactions, and low transaction costs.

Supontis quick transaction speeds are particularly notable as this allows it to compete with the likes of Dogecoin and Solana.

Final Thoughts

Supontis and Dogecoin both represent coins that deviate away from cryptocurrencys original concept.

You only need to look at Dogecoins market cap to see that it has no shortage of investors. However, the currency is experiencing a downward trend which could imply that individuals are moving away from meme coins.

Meanwhile, Supontis is still very new on the crypto scene and may have better potential. After all, with crypto on the rise, the need for easy and smooth exchange between different currencies is becoming more crucial.

If you would like further information about Supontis, check out the links below:

Presale: https://register.supontis.com

Website: http://supontis.com/

Telegram: https://t.me/SupontisTokenOfficial

Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.

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Supontis vs Dogecoin, Which Cryptocurrency Has Greater Longevity In The Market? - Coinpedia Fintech News

Mini

Fully diluted market cap also known as fully diluted valuation (FDV) - refers to the market cap of a project once all its tokens have been released into circulation. It is basically an estimation of a project's future market capitalisation. If a cryptocurrency has an unlimited supply, or it has reached its maximum supply, the FDV will be equal to its market cap.

Anyone who has dabbled with cryptocurrency has probably heard of the term 'market capitalisation.' The market cap of a project refers to the total value of its coins currently in circulation. For instance, Bitcoin currently has a market cap of roughly $375 billion. Market capitalisation helps the community ascertain the current size of the project.

But what if we are trying to ascertain the future success of a crypto project? In that case, one simple indicator that could be helpful is a fully diluted market cap. While FDV isn't a very commonly used metric amongst analysts, it can provide some valuable insights into the future of a cryptocurrency. So, tag along as we explain what a fully diluted market cap is and how it can be helpful to investors.

What is a fully diluted market cap?

Fully diluted market cap also known as fully diluted valuation (FDV) - refers to the market cap of a project once all its tokens have been released into circulation. It is basically an estimation of a project's future market capitalisation. If a cryptocurrency has an unlimited supply, or it has reached its maximum supply, the FDV will be equal to its market cap.

How is a fully diluted market cap calculated?

Calculating the fully diluted market cap of a crypto project is pretty simple. All you have to do is multiply the maximum supply of a cryptocurrency by its current market value. The resulting figure is the fully diluted market cap of that particular coin or token.

For instance, the current market value of Bitcoin is $19,689.67, and its maximum supply is 21,000,000 coins. Therefore, Bitcoin's FDV is around $413 billion. This would be Bitcoin's market cap once all its 21 million coins are released into circulation.

What can we tell from the fully diluted market cap?

It is important to note that a fully diluted market cap does not predict future prices. It just gives us an estimate of a cryptocurrency's future market cap. If we wish to draw inferences from FDV, we must compare it with the market cap of that particular cryptocurrency.

Ideally, the difference between a project's market cap and its FDV should be pretty low. A significant difference can be a warning sign that a coin's current value is overinflated. A general rule is that if the FDV is more than ten times a token's current market cap, it could be associated with two problems.

Firstly, it could point to inflationary tokenomics. A high FDV indicates that current buyers are paying a lot for the current, limited number of coins. However, if more coins flood the market, supply will increase, which will drive down a coin's value unless it's in high demand. A high FDV can also lead to increased selling pressure. If the FDV metric becomes popular, investors will see a higher FDV as a negative sign and assume the token is overvalued. This often encourages owners to sell their tokens, resulting in price drops.

Conclusion

Every bit of information is essential when planning your crypto investments. If there are more signs pointing to a price increase or decrease, the chances of that prediction being true are increased. However, the crypto market is highly volatile, and even the strongest indicators can sometimes turn out to be false. Therefore, you should only invest as much as you are comfortable losing entirely.

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Explained: Fully diluted market cap and what it says about the future value of a cryptocurrency - CNBCTV18

Like any other investment, cryptocurrency can be exciting and rewarding when the market is hot and when it cools down, investors, funds, and the lawyers who advise them can face tricky questions.

As noted in a recent Practising Law Institute Briefing, Cryptocurrency and Bankruptcy: What Lawyers Need to Know Now That Crypto Winter Is Here, crypto is not immune to the effects of a declining market nor to bankruptcy and its related laws.

During the information-packed One-Hour Briefing, presenter Noah Schottenstein, of DLA Piper, walks attendees through the basics of the crypto finance market, defining its unique features as compared to traditional finance. He goes on to explore novel legal issues that bankruptcy courts are only beginning to face.

As explained by Schottenstein, the crypto winter that began earlier this year was associated with the crash of the Terra/Luna cryptocurrencies. The dramatic dip in the crypto market ultimately saw high-profile bankruptcy filings, including the Three Arrows Capital hedge fund and the retail-focused crypto platforms Voyager and Celsius.

The Briefing continues with discussion of topics such as the application of avoidance actions to cryptocurrency transactions, the types of claims and protections retail depositors and other counterparties may hold in bankruptcy proceedings, and the overlay between regulatory structures and bankruptcy law.

In-house counsel, outside attorneys, and compliance, finance, and other allied professionals interested in the structure of cryptocurrency finance markets and bankruptcy law can get up to date with this program and learn why expectations surrounding the impact of bankruptcy may be upended in this evolving landscape.

Crypto and securities regulation

The bankruptcy program comes at a time when the intersection of regulations and crypto is an increasingly hot topic. At The SEC Speaks in 2022, presented by PLI with the SEC in Washington, D.C. on September 8 and 9, a main topic was crypto, crypto, crypto, said Kurt Wolfe, co-host of PLIs inSecurities podcast, in an episode about the conference. Every single panel that I attended talked about crypto, even some of the ones you wouldnt think of, like trading and markets, he said.

Wolfe and co-host Chris Ekimoff discussed the significance of Chairman Genslers opening remarks for The SEC Speaks, titled Kennedy and Crypto. In his speech, the Chairman asserted, Nothing about the crypto markets is incompatible with the securities laws. Investor protection is just as relevant, regardless of underlying technologies.

Interested in learning more?

PLI offers a wealth of resources on cryptocurrency.

If youd like to brush up on the basics, check out the one-day program Think Like a Lawyer, Talk Like a Geek 2022: Get Fluent in Technology, taking place via live webcast and in person on October 14. This unique program is designed to give lawyers the necessary background to become more knowledgeable advocates in technology-related matters and understand the emerging trends in this field, including blockchain, cryptocurrencies, and NFTs.

For those interested in diving into the growing crypto trend of DAOs, or decentralized autonomous organizations, PLI will offer Decentralized Automated Organizations (DAOs): Practical Applications and Legal Framework. Register for the November 16 One-Hour Briefing to learn how DAOs have the potential to disrupt the traditional economic system as they become active investors and lenders, while raising significant issues of securities, tax, and corporate law.

See additional crypto-related content on PLIs website.

Practising Law Institute is a nonprofit learning organization dedicated to keeping attorneys and other professionals at the forefront of knowledge and expertise. PLI is chartered by the Regents of the University of the State of New York and was founded in 1933 by Harold P. Seligson. The organization provides the highest quality, accredited, continuing legal and professional education programs in a variety of formats which are delivered by more than 4,000 volunteer faculty including prominent lawyers, judges, investment bankers, accountants, corporate counsel, and U.S. and international government regulators. PLI publishes a comprehensive library of Treatises, Course Handbooks, Answer Books and Journals also available through the PLI PLUS online platform. The essence of PLIs mission is its commitment to the pro bono community. View PLIs upcoming programs here.

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Cryptocurrency In A Declining Market: What Lawyers Need To Know About Bankruptcy, Regulation, And Other Trends - Above the Law

CHICAGO and LONDON, Oct. 6, 2022 /PRNewswire/ --CME Group, the world's leading derivatives marketplace, and CF Benchmarks, the leading provider of cryptocurrency benchmark indices, today announced plans to launch three new cryptocurrency reference rates and real-time indices, which will be calculated and published daily by CF Benchmarks, beginning October 31.

Logo: https://mma.prnewswire.com/media/1915231/CME_CF_Benchmarks_Combo_Logo.jpg

These reference rates and indices are not tradable futures products. They include the following:

"Together with bitcoin, ether and other available cryptocurrencies, CME CF Reference Rates and Real-Time Indices will capture more than 92% of the investable cryptocurrency market capitalization," said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. "These new benchmarks are designed to allow traders, institutions and other users to access a much broader range of cryptocurrencies through a suite of products they are already familiar with, allowing them to confidently and more accurately manage cryptocurrency price risk, value portfolios or create structured products like ETFs."

CME CF Reference Rates and Real-Time Indices are based on robust methodologies that have regular expert oversight and are designed to meet the growing need for transparent, regulated and round-the-clock pricing.

Several leading crypto exchanges and trading platforms will provide pricing data for these new benchmarks, starting initially with Bitstamp, Coinbase, Gemini, itBit, Kraken, and LMAX Digital. Each coin will trade on a minimum of two of these constituent exchanges.

"Investors are increasingly seeking exposure to a wider range of cryptocurrencies as they learn more about the potential of the digital asset class," said Sui Chung, CEO of CF Benchmarks. "Regulated investment products, spearheaded by CME Group's Crypto derivative suite, have helped open crypto to a much wider range of investors. Through its robust reference rates, CF Benchmarks is proud to be able to facilitate the creation of regulated financial products for this new asset class so investors can seek and manage exposure with confidence."

"The introduction of new products at CME Group is both exciting and necessary, as investors demand a focused exchange where safety and risk are a primary priority," said Bill Cannon, Head of Portfolio Management at Valkyrie Investments. "This expansion provides functional accessibility to a variety of new and unique financial products, bridging the ever-narrowing gap between traditional and decentralized financial markets. We find that these types of innovations, especially at the current point in the cycle, will help build a stronger foundation in digital assets and create new channels of growth considering the amount of investment currently entering the sector."

Each of these new reference rates will provide the U.S. dollar price of each digital asset, published once-a-day at 4 p.m. London time, while each respective real-time index will be published once per second, 24 hours a day, 365 days per year.

For more information on these products, please visit http://www.cmegroup.com/cryptobenchmarks.

About CME Group

As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based oninterest rates,equity indexes,foreign exchange,energy,agricultural productsandmetals. The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.

CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and, E-miniare trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. BrokerTec and EBS are trademarks of BrokerTec Europe LTD and EBS Group LTD, respectively.Dow Jones, Dow Jones Industrial Average, S&P 500 and S&P are service and/or trademarks of Dow Jones Trademark Holdings LLC, Standard & Poor's Financial Services LLC and S&P/Dow Jones Indices LLC, as the case may be, and have been licensed for use by Chicago Mercantile Exchange Inc. All other trademarks are the property of their respective owners.

About CF Benchmarks

CF Benchmarks is the leading provider of cryptocurrency benchmark indices, authorised and regulated by the UK FCA under the EU BMR. Composed of market data from six constituent exchanges, its benchmark indices are provided through public methodologies and transparent governance, for tracking, valuing and settling risk in cryptocurrency financial services and products. CF Benchmarks' indices have been used to settle over $500bn of cryptocurrency derivative contracts listed for trading by CME Group and Kraken Futures.

CME-G

SOURCE CME Group

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CME Group and CF Benchmarks to Launch Three New Cryptocurrency Reference Rates and Real-Time Indices on October 31 - PR Newswire

Over the past 24 hours, Elrond's EGLD/USD price has risen 4.12% to $55.88. This continues its positive trend over the past week where it has experienced a 17.0% gain, moving from $46.53 to its current price. As it stands right now, the coin's all-time high is $545.64.

The chart below compares the price movement and volatility for Elrond over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has increased 209.0% over the past week while the overall circulating supply of the coin has increased 2.69% to over 23.62 million which makes up an estimated 75.19% of its max supply, which is 31.42 million. The current market cap ranking for EGLD is #43 at $1.31 billion.

Powered by CoinGecko API

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Cryptocurrency Elrond's Price Increased More Than 4% Within 24 hours - Elrond (EGLD/USD) - Benzinga

Thousands of cryptocurrency enthusiasts are flocking to Miami. Despite Miamis underdog status, he has built a reputation as one of the leading locations for blockchain technology development. The Bitcoin 2022 Conference, held Wednesday through Saturday, is used by dozens of companies as a meeting place to network, present ideas, and share announcements within and outside the industry. New York City and Silicon Valley continued to lead in blockchain startup funding with $6.5 billion and $3.9 billion, respectively, in 2021, but Miami now has a $700 million firm, according to market research firm CB Insights.

Comparing it to San Francisco`s South of Market neighborhood and New York Citys Brooklyn. Ultimately you want to be with the other tech companies. Many cite a welcoming environment cultivated by local officials, mainly Miami Mayor Francis Suarez, who has attracted national attention by luring tech investment and becoming one of Americas crypto-friendly mayors. Others note that both Miami and Florida are business-friendly and remained open during the pandemic.

Linked to Los Angeles with over $60 million in funding. His cryptocurrency exchange FTX bought the naming rights to the NBA Arena in downtown Miami last year, replacing American Airlines. The largest crypto company to move to Miami so far, Blockchain.com, will house 200 employees at a location in the hip Wynwood district, where other tech firms and investors are setting up shop as well. Wynwood just really has that sort of spirit that you are looking for when a new tech sector is built, said Blockchain.com CEO and co-founder Peter Smith.

Making it more attractive as a location where people could work remotely. Its hard to deny this is an amazing opportunity for companies to come here and build out their project in crypto, said John Bartleman, CEO of a Plantation, Florida-based TradeStation, a multi-asset broker. Bartlemans company ordered a 10-foot-tall robotic bull statue intended to emulate Wall Streets Charging Bull. The artwork was unveiled by Mayor Suarez on Wednesday to a jubilant crowd gathered in Miami Beach to kick off the conference.

Are hardly included in More broadly, critics have questioned the underlying assumptions of cryptocurrencys claimed value and utility, blaming blockchain technologys hype and previously unrealized promise to benefit early entrants. Some compare it to pyramid schemes but all others fail.

Welcome to the future of finance, Suarez said. Ill give you the Miami bull! All that enthusiasm contrasts with Bitcoins own rough years. Financially, the cryptocurrency peaked at $67,553.95 in November before collapsing in half in late January. It has remained down about 30% since its November high. Bitcoin also supports many of the hottest cryptocurrency trends such as non-fungible tokens (NFTs), which purportedly offer a way to auction one-of-a-kind copies of digital art and other cyber objects.

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At the bitcoin conference, Miamis cryptocurrency mania is on full show - BollyInside

The White House released its first comprehensive framework this month for the Responsible Development of Digital Assets following President Joe Bidens March 9 executive order. The order called for regulators to assess the industry and develop recommendations to safeguard investors while simultaneously promoting innovation. While more work is needed, the framework is a step in the right direction as it shows the willingness of regulators to provide the industry with the much-needed regulatory clarity it seeks.

The frameworks recommendations addressed six key areas to protect market participants, offer access to financial services, and promote innovation. While Bidens administration has focused more on just the protection of consumers in the industry in the past, it is encouraging to see the framework focus on all three groups in the industry consumers, investors and businesses. The framework cited a 2018 Wall Street Journal study that showed nearly a quarter of coin offerings had red flags such as plagiarized documents and promises for return on investment. To encourage protection, the framework encouraged regulators to aggressively pursue unlawful practices in the industry, redouble enforcement efforts, and increase public-awareness efforts to promote education in this area.

Related: Bidens anemic crypto framework offered nothing new

Additionally, the framework provided steps for both the Biden administration and Congress to fight against illicit finance, such as amending the Bank Secrecy Act, monitoring transactions, and exposing and disrupting illicit actors.

The framework also discussed promoting access to safe and affordable financial services. This is one of the key positives for the cryptocurrency industry, as it has provided access to financial services to millions around the world. It mentioned the fact that nearly 7 million Americans have no bank account, and another 24 million rely on nonbanking services, which can be costly. By encouraging payment providers to have increased instant access to payment systems, prioritizing the efficiency of cross-border payments, and supporting research in technological and socio-technological disciplines, the framework can help provide much-needed financial services to those in need.

Biden will also consider creating a federal framework to regulate nonbank payment providers, some of which now offer cryptocurrency services. The framework will also provide financial stability by having the Treasury bolster financial institutions capacity to identify, track and analyze emerging strategic risks and mitigate cyber vulnerabilities.

The recommendations promote the advancement of responsible innovation in digital assets. Biden does this by having the Office of Science and Technology Policy and the National Science Foundation (NSF) develop a Digital Assets Research and Development Agenda, as well as providing regulatory guidance and technical assistance to innovative American firms in the industry. The NSF will also back social sciences and education to promote safe and responsible digital asset use.

This is a step in the right direction for regulators as it allows them to first understand both the technological benefits of this technology while also tracking the environmental impacts in order to provide a clear strategy for the industry to move forward. This will allow the United States to reinforce its global financial leadership and competitiveness by helping innovative technology and digital asset firms to become stronger in international markets as well as assist foreign and developing countries in building out their digital asset infrastructure with U.S. values intact.

The area where the framework has received the most resistance is related to exploring a U.S. Central Bank Digital Currency (CBDC). While at face value, CBDCs seem to be the best of both fiat and cryptocurrencies, the implications can have widespread negative effects. The recommendations note potential benefits of a U.S. CBDC, such as a more efficient payment system, faster cross-border transactions and environmental sustainability.

Related: Iota co-founder: LummisGillibrand is a blessing for the crypto industry

While these certainly are positives, a CBDCs main flaw stems from centralization. Having a centralized system governing CBDCs means they are much more easily tracked, have more vulnerable systems when compared to that of Bitcoin, and can lead to a potential increase in data breaches.

With that said, Bidens officials are simply exploring the use case for CBDCs, meaning that he and his regulators are gathering feedback to determine the best course of action.

Cryptocurrencies have existed for over a decade. Yet, despite the industry looking to the government to provide the regulatory clarity needed to remove much of the uncertainty and doubt, it has not been until this year that the industry finally received an indication of what that clarity may look like.

Biden and the regulatory agencies that submitted nine reports to him have created the first-ever comprehensive regulatory framework for cryptocurrencies. It does a commendable job targeting the areas that are most in need of regulation and by increasing research in this area along with listening to market experts, what is a great first step can become exactly what the industry needs to continue to grow and innovate without a looming threat over its shoulder.

Mitesh Shah is the founder and CEO of Omnia Markets, an artificial intelligence firm providing expertise on financial analytics, trends and insights in the cryptocurrency industry. He specializes in finance and technology and holds an MBA in finance from St. Johns University-Tobin College of Business, as well as a certificate in machine learning from Stanford University.

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the authors alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

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Biden's cryptocurrency framework is a step in the right direction - Cointelegraph

On this weeks The Market Report show, Cointelegraphs resident experts discuss why the British pound is at its all-time low and how that might impact the cryptocurrency market.

To kick things off, we break down the latest news in the markets this week:

Bitcoin gains 5% to reclaim $20K, eyes first green September since 2016

A classic snap of sideways trading action sees Bitcoins (BTC) price aim higher, but concerns remain over what happens next. Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it added over 7% after the Sept. 26 close.Local highs of $20,344 appeared on Bitstamp before the pair began consolidating at around $20,200. Can Bitcoin achieve a green monthly close, and will the bulls be able to beat Septembear?

Is it Bitcoins time to shine? British pound drops to all-time low against the dollar

On Sept. 26, the British pound hit a record low against the United States dollar following the announcement of tax cuts and further debt increases to curb the impact of a possible economic recession. But could the British pounds weakness be a positive for Bitcoin? Is it possible for the general population to move to cryptocurrencies once it realizes that peoples savings and investments are being devalued more aggressively?

Charles Hoskinson and Ethereum dev get into a war of words post-Vasil upgrade

Charles Hoskinson, founder of Cardano and co-founder of Ethereum, got into a war of words with Ethereum developers on the implementation of the proof-of-stake consensus via the Ethereum Merge.Hoskinson is known for his hot takes on his former project, and the bad blood between the two communities is nothing new. However, with both blockchains undergoing key upgrades on their networks, the recent exchange between the two sides highlights the disconnect between blockchain communities.

Next up is a segment called Quick Crypto Tips, which aims to give newcomers to the crypto industry quick and easy tips to get the most out of their experience. This weeks tip: Choosing a long-term coin.

Market expert Marcel Pechman then carefully examines the Bitcoin and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is here to break it down. The experts also go over some market news to bring you up to date on the latest regarding the top two cryptocurrencies.

Lastly, weve got insights from Cointelegraph Markets Pro, a platform for crypto traders who want to stay one step ahead of the market. Our analysts use Cointelegraph Markets Pro to identify two altcoins that stood out this week:XRPand Digg.

Do you have a question about a coin or topic not covered here? Dont worry. Join the YouTube chat room and write your questions there. The person with the most interesting comment or question will be given a one-month subscription to Markets Pro, worth $100.

The Market Report streams live every Tuesday at 12:00 pm ET (4:00 pm UTC), so be sure to head on over to Cointelegraphs YouTube pageand smash those Like and Subscribe buttons for all our future videos and updates.

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The British pound collapse and its impact on cryptocurrency: Watch the Market Report - Cointelegraph

Cryptocurrency prices are in the green this Thursday morning. The global cryptocurrency market cap has gained 1.96 per cent and the global cryptocurrency market cap stands at $943.77 billion, albeit still lower than the $1 trillion mark. The total cryptocurrency market volume over the last 24 hours stands at $85.23 billion, marking a 7.70 per cent downtrend. The volume of all stablecoins is $78.59 billion, 92.20 per cent of the total crypto market 24-hour volume.

Bitcoin, Ethereum, and BNB

Bitcoin, Ethereum, and BNB are in the green over the last 24 hours

Bitcoin is trading at $19,428 and is up by 5.02 per cent. Its dominance stands at 39.55 per cent. Ethereum blockchains native token rallied 5.08 per cent and is trading at $1,338. BNB, the native cryptocurrency of Binance Smart Chain, witnessed an uptrend of 5.72 per cent.

Stablecoins

Stablecoins did not show much volatility and remained pegged to $1.

USDT Tether stablecoin showed 0.00 per cent change in its value over the last 24 hours and is trading at $1. USDC stablecoin gained 0.01 per cent and is trading at $1.

Stablecoin DAI gained 0.13 per cent and is trading at $0.9995. BinanceUSD or BUSD witnessed a 0.06 per cent positive change in its value over the last 24 hours. The stablecoin is trading at $1.

Layer 1 blockchain tokens

All top cryptos native to layer 1 blockchain networks like Ripple, Solana, Avalanche, and Cardano have also shown positive movement over the last 24 hours.

Solana blockchains SOL witnessed a 5.49 per cent uptrend, while Avalanches AVAX gained 1.02 per cent. Cardanos ADA showed 2.03 per cent uptrend. XRP Ripple rallied 4.75 per cent.

Polkadot and Polygon

Polkadots native cryptocurrency, DOT, and Polygons native crypto token, MATIC, showcased positive momentum.

DOT token is up by 3.45 per cent and Polygons MATIC crypto token has gone up by 4.16 per cent over the last 24 hours.

Memecoins

Memecoins showcased positive momentum. Dogecoin is up by 2.97 per cent, while meme coin Shiba Inu has gained 1.50 per cent over the last 24 hours.

Overall, majority of the top cryptocurrency tokens have witnessed an uptrend from their previous positions over the last 24 hours.

Also Read:Cryptocurrency price today: Bitcoin up 4%; Ethereum, Solana gain 5% as crypto markets recover - BusinessToday

Also Read:Cryptocurrency price today: Ethereum, Solana, Bitcoin up 5%, MATIC and BNB rally as crypto markets stay in green - BusinessToday

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Cryptocurrency price today: Ethereum, Solana, Bitcoin up 5%, MATIC and BNB rally as crypto markets stay in green - Business Today