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Bitcoin and Ether rose in Tuesday afternoon trade in Asia while other top 10 non-stablecoin cryptocurrencies traded mixed. BNB, the native token of world\u2019s largest crypto exchange Binance, led gains.\u00a0<\/p>\n
See related article: <\/em><\/strong>Hong Kong crypto network Mixin loses US$200 million in hack<\/a><\/p>\n Bitcoin gained 0.24% to US$26,260 in the past 24 hours to 4 p.m. in Hong Kong, according to CoinMarketCap<\/a> data. The world\u2019s largest cryptocurrency has lost 2.26% in the past seven days, as declines in global stock markets and a strong dollar exert pressure on risk assets.<\/p>\n Last week, Bitcoin saw minor outflows for the third consecutive week totalling US$6 million, according to European cryptocurrency investment firm CoinShares.\u00a0<\/p>\n Ether, the world\u2019s second largest cryptocurrency, gained 0.43% to US$1,588 in the past 24 hours, but is down 2.97% on the week.<\/p>\n \u201cEthereum continues to suffer, with outflows for the sixth consecutive week totalling US$2.2 million. Multi-asset investment products have also suffered this year, seeing a small but steady trickle of outflows that now total US$32 million for the year so far,\u201d CoinShares said in an emailed statement.<\/p>\n \u201cIt seems investors are becoming more discerning in the altcoin space though, with continued inflows into XRP and Solana totalling US$0.66 million and US$0.31 million respectively,\u201d the report said.<\/p>\n Inflows into Europe last week totalled US$16 million, where investors see recent regulatory disappointment as an opportunity. While U.S. investors pulled out US$14 million, seemingly in a continued funk over recent events, CoinShares added.<\/p>\n BNB, the native token of world\u2019s largest crypto exchange Binance, gained the most, rising 1.41% to US$212 in the past 24 hours, and although it lost 2.13% on the week.\u00a0<\/p>\n Binance Japan and Mitsubishi UFJ Trust and Banking Corporation, the largest banking group in Japan, are collaborating on the issuance of fiat-pegged stablecoins. The partnership will use \u201cProgmat Coin,\u201d which is a platform led by Mitsubishi\u2019s trust bank for stablecoin issuance and management. The platform, initially announced in February 2022, aims to support the issuance of yen-pegged stablecoins on public blockchains.\u00a0\u00a0<\/p>\n Total crypto market capitalization rose 0.32% to US$1.05 trillion while market volume dropped 0.1% to US$22.25 billion in the last 24 hours.\u00a0<\/p>\n The indexes are proxy measures of the performance of the global NFT market. They are managed by CryptoSlam<\/a>, a sister company of Forkast.News under the Forkast.Labs umbrella.<\/strong><\/p>\nBitcoin still below US$26,500<\/strong><\/h2>\n
NFT indexes trade mixed<\/strong><\/h2>\n