Crypto

Here’s how Bitcoin, Ethereum, and other tokens are performing on Monday

Published

2 years ago

March 11, 2024

Here’s how Bitcoin, Ethereum, and other tokens are performing on Monday

What’s the story

Bitcoin has lost 1.52% in the last 24 hours, trading at $68,533.35. It is up 7.71% from last week.

The second most popular token, Ethereum, has dropped 2.48% from yesterday, and is trading at $3,854.36. From the previous week, it is up 10.62%.

Bitcoin and Ethereum have a market capitalization of $1,365 billion and $463.42 billion, respectively.

How have other prominent cryptocurrencies performed?

BNB is trading at $521.69, a 5.65% increase from yesterday and 25.71% higher than last week.

The current price of XRP is $0.66, down 2.86% in the last 24 hours. It is 3.76% lower compared to last week.

Cardano and Dogecoin are trading at $0.77 (down 3.49%) and $0.11 (down 6.53%), respectively.

Solana’s price has increased by 8.37% since last week

Solana, Polka Dot, Shiba Inu, and Polygon are currently trading at $140.64 (down 4.48%), $10.43 (down 0.55%), $0.000033 (down 8.45%), and $1.19 (up 1.94%), respectively.

Looking at the weekly chart, Solana has gained 8.37%, while Polka Dot has gained 6.75%.

In the past week, Shiba Inu’s value has increased by 40.96%, whereas Polygon is 8.1% up.

Take a look at top 5 gainers of the day

The top five gainers on the basis of the 24 hourly movement are Gala, Pyth Network, Theta Network, NEAR Protocol, and FLOKI. They are trading at $0.077 (up 26.13%), $0.88 (up 20.59%), $3.47 (up 12.76%), $6.83 (up 12.12%), and $0.00022 (up 11.27%), respectively.

What’s going on with the popular stablecoins?

A stablecoin is a cryptocurrency with extremely low volatility. Its value is pegged to a real-world asset such as fiat currency or gold.

Talking about some of the popular tokens, Tether, USD Coin, and Binance USD are trading at $1 (down 0.14%), $1 (flat), and $536.9995 (up 11.87%), respectively.

Today’s top 5 losers

The biggest losers of the day are JasmyCoin, Shiba Inu, Pepe, Bonk, and Ronin. They are trading at $0.022 (down 8.87%), $0.000033 (down 8.32%), $0.0000088 (down 7.75%), $0.000033 (down 6.89%), and $3.66 (down 6.87%), respectively.

Take a look at leading DeFi tokens

DeFi, short for decentralized finance, refers to all global, peer-to-peer financial services on public blockchains.

Some of the popular DeFi tokens are Avalanche, Chainlink, Uniswap, Internet Computer, and Dai.

They are trading at $41.55 (down 3.71%), $21.31 (up 6.91%), $14.11 (down 1.23%), $13.99 (down 3.85%), and $0.99 (down 0.03%), respectively.

Top 5 NFT tokens of the day

Non-fungible tokens (NFTs) are cryptocurrencies that lack the attribute of fungibility, which means they cannot be exchanged for one another like other tokens.

Among the popular NFT tokens are Internet Computer, Immutable, Render, Stacks, and Theta Network.

They are currently trading at $13.98 (down 3.87%), $3.49 (up 0.59%), $11.65 (down 2.82%), $2.99 (down 3.08%), and $3.48 (up 12.89%), respectively.

Total cryptocurrency market capitalization

The current global crypto market cap is $2.61 trillion, a 0.26% increase over the last day.

The total crypto market volume over the last 24 hours is $110.85 billion, which marks a 25.28% increase.

The global cryptocurrency market valuation was $1.8 trillion last month, in comparison to $1.64 trillion three months ago.

Crypto

Crypto mogul Do Kwon sentenced to 15 years in prison over $40B ‘epic fraud’

Published

11 hours ago

December 11, 2025

Press Room

Crypto mogul Do Kwon sentenced to 15 years in prison over B ‘epic fraud’

Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, was sentenced on Thursday to 15 years in prison for for what a judge called an “epic fraud.”

U.S. District Judge Paul A. Engelmayer, who handed down the sentence, sharply rebuked Kwon for repeatedly lying to everyday investors who trusted him with their life savings.

“This was a fraud on an epic, generational scale. In the history of federal prosecutions, there are few frauds that have caused as much harm as you have, Mr. Kwon,” Engelmayer said during a hearing in Manhattan federal court.

Kwon, 34, who co-founded Singapore-based Terraform Labs and developed the TerraUSD and Luna currencies, previously pleaded guilty and admitted to misleading investors about a coin that was supposed to maintain a steady price during periods of crypto market volatility.

He is one of several cryptocurrency moguls to face federal charges after a slump in digital token prices in 2022 prompted the collapse of a number of companies.

Dressed in yellow prison garb, Kwon addressed the court and apologized to his victims, including the hundreds who submitted letters to the court describing the harm they had suffered.

“All of their stories were harrowing and reminded me again of the great losses that I’ve caused. I want to tell these victims that I am sorry,” Kwon said.

Ayyildiz Attila, one of the hundreds of victims who submitted letters to the court, said he lost between $400,000 and $500,000 in the collapse.

“My savings, my future, and the results of years of sacrifice disappeared. I struggled to keep up with payments and responsibilities, and everything I had worked forwas erased,” Attila said.

Kwon’s lawyer Sean Hecker said in an email after the sentencing that Kwon spoke from the heart, expressed genuine remorse and will continue his efforts to make amends.

US Attorney Jay Clayton in Manhattan said in a statement following the hearing that Kwon devised elaborate schemes to inflate the value of his cryptocurrencies and fled accountability when his crimes caught up to him.

Prosecutors had asked for a sentence of at least 12 years in prison, saying the crash of Kwon’s Terra cryptocurrency caused billions of dollars in losses and triggered a cascade of crises in the crypto market.

Kwon’s lawyers had asked that he be sentenced to no more than five years so he can return to South Korea to face criminal charges.

Prosecutors charged Kwon in January with nine criminal counts for securities fraud, wire fraud, commodities fraud and money laundering conspiracy.

Kwon was accused of misleading investors in 2021 about TerraUSD, a so-called stablecoin designed to maintain a value of $1. Prosecutors alleged that when TerraUSD slipped below its $1 peg in May 2021, Kwon told investors a computer algorithm known as “Terra Protocol” had restored the coin’s value.

Instead, Kwon arranged for a high-frequency trading firm to secretly buy millions of dollars of the token to artificially prop up its price, according to charging documents.

Kwon pleaded guilty in August to two counts, conspiracy to defraud and wire fraud, and apologized in court for his conduct.

“I made false and misleading statements about why it regained its peg by failing to disclose a trading firm’s role in restoring that peg,” Kwon said at the time. “What I did was wrong.”

Kwon agreed in 2024 to pay $80 million as a civil fine and be banned from crypto transactions as part of a $4.55 billion settlement he and Terraform reached with the Securities and Exchange Commission.

He also faces charges in South Korea. As part of his plea deal, prosecutors will not oppose Kwon’s potential application to be transferred abroad after serving half his US sentence.

Crypto

Robinhood Sets 2026 Crypto Vision With Expanded Global Access

Published

23 hours ago

December 11, 2025

Press Room

Robinhood signaled a sweeping 2026 crypto expansion, showcasing accelerating platform growth, wider U.S. and European access, and new products capped by a Layer 2 network aimed at propelling the company deeper into global tokenization and advanced digital-asset trading.

Crypto

OCC Clarifies Bank Authority for Regulated Crypto Trade Execution

Published

1 day ago

December 10, 2025

Press Room

OCC Clarifies Bank Authority for Regulated Crypto Trade Execution

U.S. banks won fresh clarity as the OCC confirmed they can execute riskless principal crypto transactions, opening regulated pathways for customer trades while reinforcing safety and compliance expectations across the growing digital-asset market.