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HomeAutoCryptocurrency Prices: Bitcoin Prices Rise, Ethereum, Binance Coin Fall

Cryptocurrency Prices: Bitcoin Prices Rise, Ethereum, Binance Coin Fall

Global crypto market capitalization has fallen by 6.36 percent in the last 24 hours to reach $2.44 trillion. The total crypto market volume stood at $137.50 billion during the last 24 hours.

Global crypto market capitalization has fallen by 6.36 percent in the last 24 hours to reach $2.44 trillion.

Global crypto market capitalization has fallen by 6.36 percent in the last 24 hours to reach $2.44 trillion. The total crypto market volume stood at $137.50 billion during the last 24 hours. There has been an increase of 19.25 percent in this. The presence of bitcoin in the market has fallen by about 0.07 percent to 41.04 percent on the previous day.

Total volume in DeFi currently stands at $17.37 billion, which is 12.63 percent of the crypto market’s 24-hour volume. The volume of all stable coins is now at $109.16 billion, which is 79.38 percent of the total 24-hour volume of the crypto market.

Gifto up by more than 54%

The presence of bitcoin currently stands at 41.09 per cent, an increase of 0.04 per cent from the previous day. In the Indian market, bitcoin is trading at 43,34,512, down 2.91 percent. Other major cryptocurrencies such as Ethereum fell by 4.32 per cent to Rs 3,40,904. And Binance Coin has fallen by about 0.94 percent to reach Rs 47,998.

On the other hand, Gifto has gained more than 54 percent in the last 24 hours to reach Rs 6.62. Tether has come down to Rs 81.4 with a jump of more than 3 per cent. Whereas, Dent has risen by 7.57 percent to 0.412.

Mukesh Ambani supported blockchain technology

Mukesh Ambani, chairman and managing director of Reliance Industries, said on Friday that he is a big believer in blockchain technology. Ambani had said that he believes in blockchain technology, which is different from cryptocurrencies. With this he said that Blockchain is very important for a trust based equality society.

He said that a bill to regulate cryptocurrencies is in the works and the RBI governor is among those who believe that a currency with blockchain technology can exist without a currency. Ambani said that using blockchain, he can do any kind of transaction with unpredictable security, trust, automation.

Rajya Sabha member and senior BJP leader Sushil Kumar Modi demanded that the government should regulate the online gaming industry and impose uniform tax on it. He had said that online gaming is becoming a big addiction. They would like to highlight that the sector, like the crypto industry, is prone to regulatory loopholes. So, they would like to appeal to the government to create a comprehensive framework for online gaming.

read this also: CNG Price Hike: CNG became expensive in these states including Delhi, know how much the price increased in your city

read this also: Kotak Mahindra AMC will launch India’s first Nifty Alpha 50 ETF, know what are the benefits of investing

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Shehnaz Ali
Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.
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