New Delhi: The global crypto market dropped in capitalisation by 0.01 percent to $2.28 trillion over the last 24 hours.
The crypto volume surged 7.66 percent to $90.38 billion, on the other hand, DeFi ($16.09 billion) accounted for 17.80 percent of the total crypto volume while stablecoins ($91.40billion) made for 78.01 percent of the crypto market’s 24-hour market volume.
Bitcoin, currently trading at $48191 plunged by 2.12 percent in the last 24 hours, on the other hand, BTC’s market dominance stands at 40.23 percent. Ethereum trading at $3,927 has seen a decrease of 2.97 percent, BNB coin priced at $527 is down by 1.38 percent, Solana trading at $178 plunged by 4.16 percent, On the other hand, Cardano trading at $1.33 rose by 2,39 percent, Shiba Inu priced at $0.000035 increased by 4.45 percent.
King of meme-coins Doge also saw a gain of 1.56 percent and is trading at $0.1756.
The United States Ex-President Donald Trump again criticised cryptocurrency in an interview with Fox Business. Trump called crypto a ‘very dangerous thing’, while his wife Melania Trump recently launched her first NFT which she titled “Melania’s vision” available on Solana blockchain.
China has created so many FUDs and regulations regarding the Cryptocurrency ecosystem and now, China’s official state-run press agency Xinhua has come forward to announce its plans to issue a series of NFTs for free on Christmas Eve. As per the official announcement, Xinhua’s NFT drop will be made up of different collections of photojournalism, numbered to 10,000 copies each and it will have one “special edition” collection comprising many precious historical moments of 2021.
India’s much-hyped Cryptocurrency Bill based on regulations imposing around the crypto ecosystem wasn’t able to be tabled in the Parliament’s winter session 2021.
