Bittime - The crypto industry continues to grow, especially with many new projects emerging. So, market trends continue to shift. To be able to survive amidst crypto developments, information about crypto is very important. Here are the highlights of today's crypto news, May 8, 2024.
Today's Crypto Price
Today, the crypto market is observed to experience mixed movements today. The majority of cryptocurrencies at the top are still in the red zone. Bitcoin (BTC) fell 1.23% in the last 24 hours, but is still up 3.06% on the week. Ethereum (ETH) also experienced a decline of 0.78% in the last 24 hours.
Meanwhile, several altcoins experienced significant declines, including BNB (-3.13%), XRP (-2.87%), and Solana (-2.72%). On the other hand, several altcoins that experienced increases included TRB (20.01%), ERN (13.55%), and AVAX (10.37%).
Check Today's Crypto Market:
Crypto Laws and Regulations
- Indonesia: Bappebti, the government agency that oversees crypto assets in Indonesia, has just formed a special committee to monitor the crypto industry. This Crypto Asset Committee aims to ensure this industry runs smoothly and in accordance with applicable regulations.
- United States: The United States Securities and Exchange Commission (SEC) continues to increase its oversight of the crypto industry. Recently, the SEC targeted companies such as Robinhood, Samourai Wallet, Uniswap, and Consensys.
Crypto Security and Crime
Security is one of the things that needs to be considered in the crypto industry. Various types of crimes often occur, such as phishing. Therefore, crypto players must always be careful.
Pay attention to phishing scams targeting crypto users. Don't easily click on suspicious links or open attachments. Always maintain the security of your account and crypto platform. Use a strong password and enable two-factor authentication (2FA).
Additionally, be wary of scams that offer high profits in a short time. Always do research before investing in a crypto project.
Also Read How To Buy Crypto:
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.
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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.
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