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Crypto price today: Bitcoin stays close to $20k, ethereum up 0.96% while solana gained by 0.99%
In the last 24 hours, the price of bitcoin increased by 0.01 percent to $20,131. BTC’s trade was stable. The price of bitcoin quickly surged, rising from $20,034 to $20,405, which was the highest trading price of October 6, 2022. BTC trading volume climbed overall by 8.5% to 36.1 billion dollars.
The price of ETH increased by 0.96 per cent to $1,358 in the last 24 hours, the price of ETH increased from $1,347 to $1,380, which was the highest trading price on October 6, 2022. The trading volume increased by 29.2 per cent to $11.5 billion.
Solana’s (SOL) price was up by 0.99 per cent at $33.9 today. Ripple (XRP) was up by 2.7 per cent at $0.4942,
The entire volume of the cryptocurrency market climbed by 7.4% to $60.8 billion in the last 24 hours, bringing the market worth of all cryptocurrencies to $964.2 billion.
Crypto exchange Binance signs MoU with Kazakhstan
The exchange had already received a provisional permit to operate in the nation.
According to a press release on Thursday, cryptocurrency exchange Binance has received a licence to operate in Kazakhstan.
Binance will be able to operate as a regulated platform and offer custody services for digital assets at the Astana International Financial Center after getting licence from the Astana Financial Services Authority (AFSA).
The development of services related to digital assets is the main objective of the Astana International Financial Center, a regional platform. The Astana Financial Services Authority gave the exchange its initial permission in August.
“We are proud to announce that Binance has taken another step in its quest to be a compliance-focused exchange,” Gleb Kostarev, Binance's Asia director, said in the press release.
Kazakhstan has been working with the exchange to develop regulations for cryptocurrency businesses as the nation aims to grow its digital asset market.
The EU's crypto ban against Russia is confirmed as the bloc tightens sanctions
Russians will not be allowed to send any cryptocurrency payments to European wallet providers.
As sanctions are tightened in response to what it calls "fake" independence referendum in four areas of Ukraine, the European Union has announced a broad ban on supplying crypto services to Russians.
After the invasion of Ukraine in February, the union enacted an eighth set of economic and political sanctions against Russia, reinforcing a previous restriction that imposed a $10,000 ($9,900) cap on cryptocurrency payments to European wallets.
“The existing prohibitions on crypto assets have been tightened by banning all crypto-asset wallets, accounts, or custody services, irrespective of the amount of the wallet,” the European Commission said in a statement on Thursday.
The measures, which notably seek to cap the price of oil that Russia can sell, follow the country's attempt to annex the regions of Donetsk, Luhansk, Kherson and Zaporizhzhia.