Binance Market Update (2024-01-16)

The global cryptocurrency market cap now stands at $1.68T, down by -0.52% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $42,163 and $43,400 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $43,058, up by 0.84%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include MAV, AUCTION, and XAI, up by 29%, 25%, and 25%, respectively.

Top stories of the day:

• Binance-Gulf Energy Joint Venture Launches Exchange Operations in Thailand 

• The Average Weekly Volume of Binance’s “Copy Trading” Exceeded US$2 Billions, Three Months After Launching 

• European Banking Authority Issues Anti-Money Laundering Guidance for Crypto Firms 

• MooreHK Begins Attestation Services for TUSD Stablecoin with 101% Reserves 

• Egypt Plans to Launch Central Bank Digital Currency by 2030 

• BlackRock's Rapid Acquisition of 11,500 BTC Signifies Strategic Shift 

• Nearly 1 Billion DOGE Worth $79.75 Million Transferred Between Unknown Wallets 

• X Receives Remittance Institution License in Utah, USA 

• Wizz Wallet Takes Action After Users Report Asset Theft by Impostor Hackers

• SEC Agrees to Delay Do Kwon Trial Date but Opposes Separate Terraform Case

Market movers:

• ETH: $2545.3 (+0.73%)

• BNB: $318.6 (+0.89%)

• SOL: $97.84 (+3.02%)

• XRP: $0.5756 (-0.69%)

• ADA: $0.5374 (-0.22%)

• AVAX: $36.34 (+0.30%)

• DOGE: $0.08203 (+1.01%)

• DOT: $7.669 (+1.13%)

• TRX: $0.11031 (-3.08%)

• LINK: $15.212 (-2.28%)

Top gainers on Binance:

• MAV/USDT (+29%)

• AUCTION/USDT (+25%)

• XAI/USDT (+25%)