The crypto market as a whole is bullish today. Major cryptocurrencies were in the green in the last 24 hours.
CNBC is reporting that Goldman Sachs will become the first major US bank to trade crypto over the counter, which is seen as another significant step in facilitating access to crypto for institutional investors.
The UK advertising regulator has served notices to over 50 companies that are suspected of promoting deceptive crypto ads across the country.
US markets ended their recent good yesterday in the wake of Jerome Powell’s rate hike comments. US markets have raised rates in their stride so far, but have emphasized signs of more aggressive monetary policy.
top crypto
Cardano is up 6%, with Ethereum, XRP and Polkadot all rising over 4%. At the time of writing, bitcoin is trading above $42,000, up over 3% over the past 24 hours. Litecoin broke the top 20. It’s up 6% today.
top movers
Bitcoin Cash is a notable standout with a gain of 12%. It is rallying just like Bitcoin Gold (+8%), which started rising yesterday. Ethereum Classic continues its bull run, also up 12% today.
Other gainers include Elrond with 9%, Helium, Oasis Network, and EOS with 10%, and Dash with 8%.
By far the biggest mover is IoTeX, which added a quarter to its value. It recently released Mainnet v1.7, the next evolution of the IoTeX blockchain with security and performance upgrades.
The biggest weekly gainer is ApeCoin, up 980.26% over the last 7 days.
trends
There is another canine meme token in town – Teddy Doge, which is up 368% in the last 24 hours. It bills itself as a one-stop full-featured decentralized exchange.
It has liquidity, one swap, ranch, total transactions, 15 mainstream cross-chain, on-chain trading and on-chain chart systems, and more.