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๐ŸŒ๐ŸŒBinance Market Update (2024-05-15)๐ŸŒ๐ŸŒ @Square-Creator-460991791 $62,817.74 +1.91% @Ethereum_official $2,916.4 +0.34% @Square-Creator-ce2378404 $569.3 -2.83% The global cryptocurrency market cap now stands at $2.27T, down by -1.89% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $61,143 and $62,300 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $62,042, up by 0.25%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include KP3R, FLOKI, and CYBER, up by 16%, 13%, and 8%, respectively. #BTCโ˜€๏ธ #BinanceLaunchpool #ETH_Market_Update #BNB_Market_Update $BTC $ETH $BNB

๐ŸŒ๐ŸŒBinance Market Update (2024-05-15)๐ŸŒ๐ŸŒ

@BTC

$62,817.74

+1.91%

@Ethereum

$2,916.4

+0.34%

@BNB

$569.3

-2.83%

The global cryptocurrency market cap now stands at $2.27T, down by -1.89% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $61,143 and $62,300 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $62,042, up by 0.25%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include KP3R, FLOKI, and CYBER, up by 16%, 13%, and 8%, respectively.

#BTCโ˜€๏ธ

#BinanceLaunchpool

#ETH_Market_Update

#BNB_Market_Update

$BTC $ETH $BNB

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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๐Ÿ”ฅ๐Ÿ”ฅBinance Market Update (2024-05-24)๐Ÿ”ฅ #BTC $67,405.23 -3.27% #ETH $3,688.86 -3.35% #BNB $595.7 -2.66% The global cryptocurrency market cap now stands at $2.60T, up by 0.06% over the last day, according to #CoinMarketCap data. Bitcoin (BTC) has been trading between $66,312 and $70,096 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $67,161, down by -3.67%. Most major #cryptocurrencies by market cap are trading lower. Market outperformers include AUDIO, PEOPLE, and OGN, up by 51%, 21%, and 16%, respectively. Top stories of the day: Bank of America: Cryptocurrency Funds Draw Fifth-Largest Inflows on Record European Stocks Dip Amid Uncertainty Over Fed's Capacity to Reduce Rates High Correlation Between CME Ethereum Futures and Spot Trading Drives Ethereum Spot ETF, Reveals SEC Documents Polymarket Faces Controversy Over 'Approved' Verdict on $13M Ethereum ETF Bet Spot Ethereum ETF Expected To Be Listed In July Or August BlackRock's Ethereum ETF Listed on DTCC Website Spot ETH ETF Decision Leads to $350M Liquidations Amidst Wild Crypto Price Fluctuations SEC Approves 19B-4 Form for Spot Ethereum ETF, Official Trading Time to Be Determined US House of Representatives Passes Bill Prohibiting Federal Reserve from Creating Central Bank Digital Currency US Dollar Index Continues to Rise, Federal Reserve's First Rate Cut Expected in December Market movers: $ETH ETH: $3663.15 (-4.49%) $BNB BNB: $594.3 (-3.38%) $SOL SOL: $164.85 (-7.03%) XRP: $0.5241 (-0.83%) DOGE: $0.15795 (-5.82%) ADA: $0.4593 (-5.04%) AVAX: $37.29 (-6.40%) SHIB: $0.00002385 (-6.40%) WBTC: $67047.81 (-4.00%) DOT: $7.144 (-5.59%) Top gainers on Binance: AUDIO/USDT (+51%) PEOPLE/USDT (+21%) OGN/USDT (+16%)
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$BNB ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅCryptocurrency Mining and Unstable Rainfall Challenge Laos' Power Supply๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ According to Odaily, Somboun Sangxayarath, an advisor to the state-owned Electricite du Laos (EDL), has stated that the country's power demand has increased due to cryptocurrency mining and unstable rainfall, leading to power shortages. This indicates that Laos' prospects as a hydropower exporter in Southeast Asia are facing challenges. Laos, known as the 'battery' of Southeast Asia due to its hydropower export potential, provides the cheapest and most stable clean energy, which is crucial for the Southeast Asian region striving to expand solar and wind energy scales for decarbonization. Sangxayarath mentioned that the policy of establishing data centers in 2021 led to the boom of cryptocurrency mining business, which currently accounts for more than a third of Laos' power demand. Reduced rainfall has suppressed hydropower output, leading to power outages. Over the past decade, hydropower has accounted for 80% of Laos' power generation, most of which is sold by independent power producers through cross-border transactions with Thailand and Vietnam. Sangxayarath added that in the domestic market, EDL is the power supplier and has become a net importer since 2021, requiring up to 600 megawatts (MW) of additional capacity during peak demand periods, which has more than doubled the company's costs. Last year, Laos stated that it would not supply power to cryptocurrency projects that have not yet started operations. Although this order is still in effect, Sangxayarath said that it is still actively considering new investment proposals and seeking to increase power supply. for more updates keep following me. $BTC $ETH
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