Most cryptocurrencies have seen a rally on Thursday.
Most cryptocurrencies have seen a rally on Thursday. The global crypto market cap has increased by 2.23 percent to $966.22 billion during the previous day.
Most cryptocurrencies (cryptocurrency) There has been an uptick on Thursday. global crypto market cap (Crypto Market) During the previous day, it has increased by 2.23 percent to $ 966.22 billion. On the other hand, the total crypto market volume jumped to $127.80 billion. Total volume in decentralized finance is present at $9.43 billion, which is 7.38 percent of the total crypto volume in the last 24 hours. Whereas, all stablecoins (Stablecoins) Its volume is $ 111.33 billion, which is 87.11 percent of the total 24-hour volume of the crypto market. bitcoin(Bitcoin) The price of Rs.18,40,635 has risen by 1.34 per cent during the last 24 hours.
The world’s largest and most popular cryptocurrency by market capitalization has a market presence of 44.47 percent.
Tether price drop
At the same time, Ethereum is present at Rs 99,626.1, down 3.7 percent in 24 hours. Whereas, Tether prices fell 0.93 percent to Rs 81.92. Cardano is trading at Rs 42.99 with a jump of 8.31 percent.
On the other hand, Binance Coin has gained 3.03 percent to reach Rs 18,829. Talking about XRP, this cryptocurrency has seen a rise of 4.7 percent during the last 24 hours. At the same time, the prices of Polkadot have come down by 7.28 percent to Rs 675. Whereas, Dogecoin is present at Rs 4.950 with a jump of 6.94 percent.
Digital currency can replace cash: RBI Deputy Governor
Let us tell you that RBI Deputy Governor T Rabi Shankar said in a webinar a few days ago that Central Bank Digital Currency (CBDC) can replace cash-based transactions to some extent in India. Shankar had said that in the last five years, where digital payments have grown in India at an average annual growth rate of around 50 per cent. At the same time, the supply of currency has almost doubled.
Apart from this, the government had listed the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 to be introduced in the winter session of Parliament. It was also listed for the first budget session, but it could not be presented, as the government had decided to work on it again.
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