BitcoinThe global crypto market has seen a change in performance as it has continued to be bullish. The recent changes for Bitcoin, Binance Coin, and others show a positive trend. The global changes in the geopolitical arena and economic changes have been the reason that the crypto market has undergone serious losses. The value of this market depleted at a speedy pace despite various attempts to keep it stable. The ongoing changes might lead to its resuscitation.
Blockchain could be used to anonymously document war crimes. The mentioned technology can benefit users as it ensures data preservation and anonymity when reporting war crimes. Human rights investigators appointed by the UN have confirmed that war crimes took place in Ukraine. A report from the Independent International Commission of Inquiry on Ukraine has provided a framework for reporting war crimes.
Erik Mose, the head of the UN commission, said that the investigators visited several towns, and there is enough evidence of war crimes. While the commission has noted these crimes, there is a need for tools and platforms to help with the documentation. In the situation of these challenges, blockchain tech can help solve these problems. Users can document these crimes without fearing any consequences.
Here is a brief overview of the current market situation, analyzing the performance of Bitcoin, Binance Coin, and others.
BTC stays positive
MicroStrategy is developing a Lightning Network-based SAAS platform to make a new Bitcoin play. The said company has moved from simply holding Bitcoin as it searches to expand its horizons. MicroStrategy announced the search for a Lightning Network engineer to help the company steer its way through developing the requisite technology.
The recent changes for Bitcoin show the addition of new gains. The latest data show the addition of 1.06% over the last 24 hours. In comparison, the weekly performance of Bitcoin shows a gain of 2.00%.
The price value for Bitcoin is currently in the $19,320.91 range. The market cap value for Bitcoin is estimated to be $370,280,725,786. The 24-hour trading volume of Bitcoin is about $40,527,868,544.
BNB regains momentum
Binance has entered New Zealand, expanding the sphere of its business. The said company is registered as a financial service provider in New Zealand. After it has been granted a license, Binance will offer crypto trading, NFTs, and staking.
The performance of Binance Coin also shows a trend of gains. The latest data shows an addition of 1.63% over the last 24 hours. The weekly data shows a gain of 3.77% for this coin.
The price value for BNB is currently in the $283.31 range. The market cap value for this coin is estimated to be $45,709,252,930. The 24-hour trading volume of the same coin is about $868,072,990.
DOGE trying to resuscitate
The performance of Dogecoin has also shown signs of recovery. The latest data shows it added 0.72% over the last day. The weekly data shows a loss of 1.76%. The price value for Dogecoin enhanced to the $0.06008 range.
The market cap value for DOGE is estimated to be $7,971,198,090. The 24-hour trading volume of this coin is about $248,840,600. The same amount in its native currency is about 4,141,644,978 DOGE.
AVAX bullish
Avalanche’s performance also improved due to the increased influx of capital. The latest data shows an addition of 0.10% over the last 24 hours. The seven-day data shows that it has shed 0.51%. The price value for AVAX is currently in the $17.30 range.
The market cap value for Avalanche is estimated to be $5,104,652,511. The 24-hour trading volume of this coin is about $251,003,864. The circulating supply of this coin remained at 295,933,356 AVAX. As the positive trend continues, there is a chance that this coin will enhance its value further.
Final Thoughts
The global crypto market has seen a change in momentum resulting from increased gains. Bitcoin, Binance Coin, and others saw improvement in value. The recent changes show an increase in value for the overall market. The global market cap value has also been enhanced. The recent data shows that it is estimated to be $937.54 billion.
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