With bankruptcy rocking the crypto world and known companies losing their top executives, the upset in the industry is only climbing more. However, amidst all these, XRP, Quant (QNT), and Casper Network (CSPR) have stood out over the past week. Top gaining crypto Amid tightening crypto regulations globally, the United Kingdom’s newly-proposed advertising guidelines have emerged as another potential setback for crypto firms. If the proposal receives approval from the UK Financial Conduct Authority FCA), executives from local and overseas crypto firms may face as much as two years of prison for failing to meet specific requirements related to “digital assets” promotion.
The digital asset fantom (FTM) increased a great deal this year, joining the biggest 2021 crypto gainers with a gain of 13,820% during the last year. FTM’s 24-hour range today has been between $2.25 to $2.45 per coin. FTM has an overall market valuation of around $5.9 billion and $768 million in global trade volume. 1.Top Cryptocurrency Gainers: CEEK VR (CEEK) +2500% “Bitcoin’s price continued to be below US$47,000 for another consecutive day, while Ethereum picked up to US$3,800. Among the top 30 cryptos by market cap, Internet Computer, NEAR Protocol, Fantom, and Cosmos also witnessed a great spike of about 19%, 17%, 12%, 10% respectively. With institutional activities starting to gain momentum, there has been a slight growth in the global crypto market cap than yesterday.," said Edul Patel, CEO and founder of Mudrex.
Hut 8 Mining Corp. "Hut 8 Reports Operating and Financial Results for Q2 2022." Why have crypto prices been going down in 2022? The token has emerged as a strong player in the crypto market, with a significant upward trend, benefiting from the development of the network and updates to its staking mechanism and reward distribution. The update aims to provide further incentive for users to stake cvxCRV and the team has proposed changes to the platform fees, with 2% being allocated to the purchase and stake of cvxCRV.
The Sandbox (CRYPTO: SAND) was the top gainer over the prior 24 hours, while SingularityNET (CRYPTO: AGIX) turned out to be the biggest loser. Questions? Read the FAQs or get in touch with us: Other technologies which saw interest from institutional investors were AI integration, as well as blockchain and distributed ledger technology. Both of these saw 14% and 12% of the respondents saying that they were invested in them. But interestingly, the number of investors who were not interested in trading cryptocurrencies was quite high, despite the obvious interest in blockchain technology.
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