CELSIUS IS SUING TETHER, SEEKING $2.4 BILLION IN BITCOIN

@newsontheblockchain, 11/08/2024

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Daily quote:

“Even in financial markets, the concept of market efficiency does not hold.” - Paul Ormerod

Daily market overview:

The global crypto market cap stands at $2.15 trillion, reflecting a 1.18% rise in the last 24 hours. However, the total market volume over the same period has dropped by 39.83%, amounting to $38.89 billion. DeFi accounts for $2.47 billion, or 6.36% of the total 24-hour market volume, while stablecoins dominate with $34.46 billion, making up 88.60% of the total volume.

Bitcoin's market dominance has slightly decreased by 0.23%, now standing at 56.22%.

Top 5 Coins:

  1. Bitcoin (BTC): $61,299.92 | +0.84% | $14.62B

  2. Ethereum (ETH): $2,682.04 | +1.84% | $8.97B

  3. Tether (USDT): $1.00 | +0.03% | $29.50B

  4. BNB (BNB): $533.39 | +4.31% | $1.44B

  5. Solana (SOL): $156.91 | +1.31% | $1.35B

DeFi:

  1. Uniswap (UNI): $6.29 | +0.91% | $139.33M

  2. Maker (MKR): $2000.53 | +0.45% | $169.34M

  3. Aave (AAVE): $95.09 | +1.10% | $133.20M

  4. Curve DAO (CRV): $0.87 | +0.02% | $65.40M

  5. Compound (COMP): $57.36 | +1.67% | $25.32M

Stablecoins:

  1. Tether (USDT): $1.00 | +0.03% | $29.50B

  2. USD Coin (USDC): $1.00 | +0.01% | $2.53B

  3. Dai (DAI): $1.00 | +0.00% | $143.90M

  4. Pax Dollar (USDP): $1.00 | +0.00% | $2.04M

  5. TrueUSD (TUSD): $1.00 | +0.00% | $1.01M

Memecoins:

  1. Dogecoin (DOGE): $0.1098 | +5.16% | $456.95M

  2. Shiba Inu (SHIB): $0.00001437 | +2.26% | $154.51M

  3. Pepe (PEPE): $0.00000123 | +1.97% | $32.90M

  4. Floki Inu (FLOKI): $0.00001678 | +1.45% | $15.50M

  5. Bonk (BONK): $0.00000035 | +1.12% | $8.40M

Heat Map:

Fear and Greed Index:

News for today:

That’s all for today folks, see you tomorrow. 👋

Disclaimer

The information provided in this overview is based on our data findings and opinions. It is intended for informational purposes only and should not be considered financial advice. Cryptocurrency investments carry significant risk, and it is important to conduct your own research and consult with a qualified financial advisor before making any investment decisions. We are not responsible for any financial losses or gains you may incur as a result of using this information.