Difficult happenings

Although difficult, the price of bitcoin and some major altcoins still try to keep the market green.

Bitcoin The past few hours have been difficult to maintain above $ 6,600 and most cryptocurrencies have increased slightly.

Bitcoin price movement over the past 24 hours
Bitcoin price movement over the past 24 hours

Today's bitcoin exchange rate (March 25) recorded at 9.45am at $ 6,633, a slight increase of 1.19% compared to the previous 24 hours.

Bitcoin exchange rate
Bitcoin exchange rate

The market capitalization of bitcoin dropped to 121.69 billion USD, the market dominance rate (market share) of bitcoin increased to 65.8% – according to BTA's bitcoin exchange rate (https://blogtienao.com/ty-gia/BTC/bitcoin/).

On the market, there are 61/100 cryptocurrencies rising compared to the previous 24 hours.

Overview of the cryptocurrency market
Overview of the cryptocurrency market

Among the top 10 cryptocurrencies by market value, 7 rose compared to the past 24 hours, but the increase was negligible.

Top 10 cryptocurrencies by market capitalization
Top 10 cryptocurrencies by market capitalization

Total market capitalization of cryptocurrencies recorded at 9.45am at 185.03 billion USD, an increase of 6 billion USD compared to the previous 24 hours.

In 24 hours, the total market capitalization ranges from USD 179.10 billion to USD 188.57 billion.

Total market capitalization of cryptocurrencies
Total market capitalization of cryptocurrencies

24-hour trading volume reached USD 144.18 billion, down USD 6 billion compared to March 24.

Along BTA review the news available in the day, the content in the article will be updated as new news ..

Telegram lawsuit: The court agrees with the SEC

A local US court has just issued a ban on Telegram, preventing the company from issuing GRAM coins for the time being.

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According to the March 24 file, the SEC proposed a restraining order. The court wrote:

“The court found the SEC to succeed in proving the contract and its terms at the time of release, including selling 2.9 billion Grams to 175 buyers on the floor for $ 1.7 billion, as part of the deal. in a larger plan to distribute Grams to the secondary public market supported by Telegram.

Considering the economic reality under the Howey test (which evaluates whether an investment contract), the court found that in this case, the Gram's resale into the secondary public market was part of the distribution. conduct securities without any required registration statement ”.

CFTC sets the standard for physical digital money transfers

The US Commodity Futures Trading Commission (CFTC) has just announced the standardization of physical asset delivery in the same form as it applies to other traded market products.

“The Commodity Futures Trading Commission today announced that the Commission voted anonymously in order to approve the final interpretation guide regarding retail sales of goods related to certain digital assets.” , This committee answered CoinTelegraph.

Accordingly, the CFTC clarifies the 28-day deadline for the delivery of basic commodities in future contracts, allowing buyers to use digital assets acquired after this time.

BitMEX implements Shimmer

BitMEX has implemented an exclusive market monitoring tool called “Shimmer”.

It is known that this tool will help identify and investigate market manipulation and suspicious transactions on the exchange.

Turning crisis into opportunity, China accelerated its CBDC issuance plan

According to a Global Times report on March 24, China is speeding up the central bank's digital currency issuance plan (CBDC).

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It is known that the central bank has completed the development of the basic functions of the digital currency and is currently drafting laws to help with the implementation plan.

Global Times also mentioned a number of private companies based in Shenzhen including Alibaba, Tencent, Huawei and China Merchants Bank that were involved in the development of the digital currency.

Digital Renaissance Foundation CEO Cao Yan said Accelerating the CBDC project can help turn the current crisis into an opportunity:

China is considering lowering negative interest rates as a last resort and directing that policy to loans and commercial loans, circulating a cryptocurrency as the best tool to support this.


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