Bittime - The crypto industry continues to grow, with many new projects emerging. That way, market trends continue to shift. To be able to survive amidst crypto developments, information about crypto is very important. Here are the highlights about crypto today, April 18, 2024.
Bitcoin and Other Crypto Prices Corrected
The crypto market experienced a significant price correction today, April 18 2024. Bitcoin (BTC), as the market leader, experienced a decline of 3.63% in the last 24 hours. This decline brought the BTC price back below the $62,000 level after breaking above that level a few days ago. Apart from that, Ethereum (ETH) fell 4.12%, Binance Coin (BNB) fell 5.23%, and Solana (SOL) fell 6.87%.
Check Today's Crypto Market:
Binance Moves SAFU Funds to Hot Wallet
Binance, the world's largest crypto asset exchange platform, recently announced plans to convert assets in its SAFU wallet to USDC. This step aims to increase the stability of SAFU's asset value.
After the announcement, there was a significant transfer of funds from the SAFU Binance wallet. A total of 16,277 BTC (worth around US$1 billion) and 1.36 million BNB (worth around US$749 million) were moved from 2 SAFU wallets and returned to Binance's hot wallet.
Huobi HTX Holds Bitcoin Halving Themed Trading Competition
As the Bitcoin halving approaches, Huobi HTX announced the launch of a Bitcoin halving themed trading competition. This competition will start on April 18 2024 at 15.00 WIB and last for 8 days until April 26 2024 at 15.00 WIB.
This Huobi HTX trading competition offers participants the opportunity to win a total prize of 30,000 USDT. Participants can participate in spot, leverage, and contract trading for Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum Classic (ETC), and Core (CORE) crypto assets.
Also Read: What is Bitcoin Halving and How Does It Affect Bitcoin?
South Korean Currency (KRW) Dominates the Crypto Market Q1 2024
The latest report from crypto asset market analysis company Kaiko reveals interesting trends in the South Korean crypto market in the first quarter of 2024. According to the report, the total trading volume using the South Korean Won (KRW) on centralized crypto asset exchanges (CEX) surpassed the trading volume using United States Dollars (USD). This increase is believed to be influenced by improving economic conditions and intense competition among South Korean local exchanges.
Also Read: Cryptocurrency Regulations in South Korea
18 Swedish Crypto Mining Companies Subject to Data Manipulation Sanctions
The Swedish government has just imposed sanctions on 18 crypto mining companies for manipulating tax data. As a result of this manipulation, these 18 companies avoided having to pay taxes worth more than 990 million Swedish Krona (around IDR 1.3 trillion) over the last four years.
The investigation, which took place between 2020 and 2023, discovered tax data manipulation practices carried out by 18 companies. These companies are suspected of providing incomplete information to tax authorities to gain benefits in the form of tax breaks.
Also Read How to Buy Crypto:
Carbon Browser Integrates ACH into LDX.fi
Alchemy Pay, a leading crypto-fiat payments platform, announced a strategic partnership with Carbon Browser, the fastest Web3.0 browser with over 7 million downloads and 60,000+ daily active users.
This collaboration saw Alchemy Pay listed on Carbon Browser's featured dApp page and dApp store for increased visibility. Additionally, Carbon Browser also integrates ACH tokens into its cross-chain swap platform, LDX.fi.
This integration allows users to flexibly exchange ACH tokens with various networks and other tokens. Users can also access ACH tokens in the Carbon Browser wallet, making it easier to send and receive ACH.
Check Crypto Prices Today:
How to Buy Crypto with Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
18 Swedish Crypto Mining Companies Must Pay Taxes of IDR 1.3 Trillion Due to Data Manipulation
Huobi HTX Holds Bitcoin Halving Themed Trading Competition, Total Prize 30,000 USDT!
South Korean Currency (KRW) Dominates Crypto Market Q1 2024, Surpassing US Dollar Dominance
DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
Comments
0 comments
Please sign in to leave a comment.