Bitcoin Standard Hashrate Token (BTCST) news

Bitget Bites (January 3, 2023)

The global market cap is standing at US$806 billion, showing a 1.14% increase from yesterday and the 24-hour volume also went up by 37.85% to US$23.88 billion. Our report on activities of the Spot Market and Futures Market are below: Spot Market Updates Bitcoin has been trading between US$16,759.71 and US$16,583.77 within the last 24 hours. As of 3:30 AM UTC, BTC price stands at US$16,683.36, which is a 0.60% increase compared to Ethereum's 1.52% increase. Altcoin prices are seeing green, with XRP (+4.93%) being the only altcoin in the Top 10 trading above the volume of US$1 billion. The highes t price and lowest price levels of BGB in the last 24 hours were US$0.1824 and US$0.1805, respectively. The Top 3 Gainers of The Day are Canto (CANTO), Bitcoin Standard Hashrate Token (BTCST), and Forta (FORT): 1st Place CANTOUSDT: Up by 6.44% Canto presents the radical notion that core DeFi primitives should exist as Free Public Infrastructure (FPI). CANTO is trading at a current market price of US$0.08100224, having touched a high of US$0.08123998 and a low of US$0.07025086 in the past 24 hours. 2nd Place BTCSTUSDT: Up by 4.64% The Bitcoin Standard Hashrate Token is collateralized by Bitcoin's (BTC) hashrate, with each token representing 0.1 TH/s of Bitcoin mining power at an efficiency of 60 W/TH. BTCST is trading at a current market price of US$0.833, having touched a high of US$0.88 and a low of US$0.7 in the past 24 hours. 3rd Place FORTUSDT: Up by 4.53% Forta is a decentralized monitoring network to detect threats and anomalies on DeFi, NFT, governance, bridges and other Web3 systems in real-time. FORT is trading at a current market price of US$0.1339, having touched a high of US$0.13442 and a low of US$0.12617 in the past 24 hours. Meanwhile, the Top 3 Losers include TSUKAUSDT (-10.70%), CANTOUSDT (-9.91%), and ANTUSDT (-5.59%). Futures Market Updates Future activities are warming up, with the Open Interest (OI) of all cryptocurrencies now recorded at US$4.02 billion, equivalent to a 16.09% 24-hour increase. The aggregated futures volume saw a 19.30% increase to US$279 billion. Bitcoin remained the most popular underlying asset for Futures traders and, obviously, the most liquid market: Bitcoin OI Dominance accounts for 67% of the total OI, now standing at US$2.70 billion, which shows a 16.90% increase from yesterday. The daily volume of Bitcoin contracts increased by 58.46% to US$148,043.73. Funding rate of the last cycle stands at 0.0000%. Bitcoin Long/Short Ratio reflects the market sentiment on this flagship coin, now bearish at 31.81%/68.19%. Most BTC long ETFs locked in a price increase yesterday, but that's not the case for the highly anticipated ProShares' Short Bitcoin Strategy ETF (BITI), which closed the day at US$39.79 from the opening price of US$40.41. Interesting Topics Introduction to Bitget’s Dual-Investment Product Bitget API Trading Guideline Bitget P2P Merchant Guideline Trending Events New Year Special Rewards: Invite Friends to Unlock Mystery Boxes Worth 50,000 USDT! Happy New Year! Spin lucky wheel to Win BTC and more gifts! Join Bitget Global Telegram Group (New), Win 5500 USDT Watchlist BGB on CoinMarketCap - Loot from 10,000 BGB Pool! Bitget Spot Trader Recruitment Launch Bitget Partners with TealStreet; Plus, Register, trade for up to $8000 bonus！ Start Your New Year with Bitget! Simply create an account, and start exploring the incredible Bitget-Verse today!