"Welcome to Thursday's edition of Crypto Insider's newsletter! As the week progresses, so does the excitement in the world of cryptocurrencies. Join us today as we delve deeper into the latest happenings, market movements, and insightful analysis shaping the landscape of digital assets. Whether you're a seasoned investor or just beginning your journey into the crypto space, we've got you covered with all the essential updates to keep you informed and ahead of the curve. Let's explore together the endless possibilities that Thursday brings in the realm of crypto!"

MARKET OVERVIEW (Today's Cryptocurrency Prices by Market Cap)

The global crypto market cap is $2.34T, a 4.29% increase over the last day.

The total crypto market volume over the last 24 hours is $193.57B, which makes a 67.09% increase. The total volume in DeFi is currently $13.6B, 7.03% of the total crypto market 24-hour volume. The volume of all stable coins is now $174.2B, which is 89.99% of the total crypto market 24-hour volume.

Bitcoin’s dominance is currently 52.98%, an increase of 0.08% over the day.

Bitcoin Ascent To $64,000 Causes Coinbase To Crash – Here’s What Happened

Not long after the value of Bitcoin surpassed $62,000, its highest level since 2021, Coinbase had severe disruptions and issues on Wednesday afternoon, preventing some customers from signing in at all and causing some user accounts to reflect a $0 balance.

Crypto aficionados were furious on social media because they are unable to access their money on the biggest cryptocurrency exchange in the United States. Furthermore frustrating, some customers have reported errors when buying and selling.

Darknet market crypto crimes on the rise in 2023, $1.7B revenue — Chainalysis

The crypto industry continues to suffer from cybercrimes, with darknet markets being one of the two categories showing an increase in revenue in 2023, according to the latest report from blockchain analysis firm Chainalysis. 

The Chainalysis “2024 Crypto Crime Report,” released on Feb. 29, reveals that darknet marketplaces received revenue of at least $1.7 billion in 2023 — a rebound from its 2022 data when authorities shut down the world’s largest darknet marketplace, Hydra.

While no single marketplace replaced Hydra, the report revealed that smaller marketplaces are thriving by serving specific niches and developing more “specialized roles.” Chainalysis highlighted Mega Darknet Market leading the pack with over $500 billion in crypto inflows.

Stay tuned for tomorrow's updates as we bring you the latest news and information. We will keep you informed and provide you with all the necessary details.

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