📣 CRYPTO MARKET OVERVIEW February 29
Market stats
- Total market capitalization: $2382B
- Spot Volume (24H): $283B
- BTC.D: 54.69%
- Total liquidation amount in the last 24 hours: $604.90M
- Long/short ratio 24: 56.01%Short
- Number of liquidated traders: 161k
🗞Market news from the past 24 hours
➡️ Since the beginning of 2024, the cryptocurrency market has grown an impressive 27%, with 480 billion USD entering the market.
➡️ The defense lawyers of former CEO #FTX Sam Bankman-Fried appealed the proposed sentence of 100 years in prison, but proposed to the court a range of 63-78 months for a more "fair" sentence.
➡️ Sui, layer-1 blockchain was voted “Blockchain of the Year” at the second annual AIBC Eurasia Awards recently held in Dubai (UAE), surpassing other candidates such as Near Protocol and 1inch Network .
➡️ IRS hires 2 private sector cryptocurrency experts to prepare for tax season
➡️ OpenAI accuses New York Times of hacking AI models in copyright lawsuit
➡️ BlackRock Bitcoin ETF reaches record volume of over $1.3 billion for the second day in a row
➡️ US Senator opposes Joe Biden's CBDC plan.
➡️ #ETF 's #Grayscale inflows slowed, while other funds saw another day of strong inflows, lifting them to two-week highs.
➡️ TVL of #Ethereum reaches 50 billion USD as DeFi activity increases
➡️ Serenity Shield Token became a victim of hack: SERSH worth 5.6 million USD was stolen
➡️ Humanity Protocol secures funding from leading crypto VCs for Web3 ID solution
➡️ Russia's allies 'repeatedly expressed interest' in Moscow's CBDC