08.10.2024 CRYTPO AND FOREX DEVELOPMENTS

💫Bitcoin is trading at $62,432, down 1.7% at the time of writing, and at 2,142,095 TL against the Turkish lira.
Ethereum (ETH) down 2.6

💫The dollar index (DXY) is hovering at 102.42.
Bitcoin’s market capitalization is around $ 1.23 trillion, while the total value of the cryptocurrency market is around $ 2.27 trillion.
The 24-hour cryptocurrency market volume is hovering around $ 99 billion.

💫Dolar/TL is at 34.27 with an increase of 0.13%, while the Euro/TL pair is at 37.64 with an increase of 0.11%.

💫In the last 24-hour period, $ 218 million was liquidated from the cryptocurrency market, while more than 64 thousand cryptocurrency investors were affected.
While 69.03% of the liquidated positions were long positions, the highest liquidation was in Bitcoin (BTC).

💫On October 7, spot Bitcoin ETFs saw inflows of $235 million. Spot Ethereum ETFs did not experience any inflows or outflows.

💥Judge approves FTX plan. FTX will pay its crypto clients in cash with interest.

💥XRP Price Plummets! Expected ETF Approval Blocked by SEC!

💥Hong Kong SFC has accelerated the audit process for virtual asset trading platforms.
The SFC requested improvement plans from platforms with identified deficiencies.
Platforms that meet the requirements will be granted a conditional license, while those that fail to meet the requirements will cease operations.
💥Gaming altcoins with the most developer activity and developer scores, as revealed by Sentiment:

MultiversX (EGLD) – 264.9
Decentraland (MANA) – 174.47
Immutable X (IMX) – 78.37
SKALE (SKL) – 57.83
Enjin Coin (ENJ) – 19.8
Saito (SAITO) – 17.9
Axie Infinity (AXS) – 15.67
Treasure (MAGIC) – 13.7
The Root Network (ROOT) – 7.9
Cere Network (CERE) – 7.37

ETH purchases have started to come, although not very big

💥Binance released a new statement on October 8 via its official website regarding the automatic conversion of previously delisted coins to USD Coin (USDC).
…..The alt coins entering the conversion
Vai (VAI)
Tornado Cash (TORN)
OMG Network (OMG)
Waves (WAVES)
NEM (XEM)
BarnBridge (BOND)
Dock (DOCK)
Mdex (MDX)
Polkastarter (POLS)
Pundi X PURSE (PURSE)

The conversion will be based on the average USDC exchange rate between October 29 and April 28. Please note that Binance will update this announcement and send a separate email to all affected users once the conversion of these tokens to USDC is complete.

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cryptoANDforex

cryptoANDforex

is a writer and content creator known for their expertise in the fields of cryptocurrency and forex trading. They produce informative articles, guides, and analysis that help both novice and experienced traders understand market trends, trading strategies, and investment opportunities.

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