As of 8 am, Bitcoin has seen a significant rise of over 6.06 per cent in the last 24 hours, while Ethereum has grown by around 7.31 per cent over the same time.
As India prepares to launch the cryptocurrency bill as the Winter Session of Parliament assembles on November the 29th. A new Singapore-based cryptocurrency exchange, Coin Store, has come through into India.
Meanwhile, top cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) have increased by more than 6% in the last 24 hours. This is according to data from global crypto exchange CoinMarketCap.com.
According to CoinMarketCap.com, the price of Bitcoin, the largest cryptocurrency by market capitalization, climbed 6.06 per cent in the last 24 hours and was trading at $57,637.19 at 8 am. Ethereum was trading at $4,330.94, up 7.31 per cent over the last 24 hours.
Binance Coin (BNB) has gained 4.11 percent in the last 24 hours and is currently trading at $612.59. Tether (USDT) was fourth on the list by market capitalization and was trading at $1, down 0.03 percent. Solana (SOL) gained 8.05 percent in the last 24 hours and was ranked fifth on CoinMarketCap.com; it was trading at a price of $201.57.
Bottos (BTO) became the leading gainer in the last 24 hours, prevailing an increase of 8,227.33 percent; it was trading at $0.1258 at 8 a.m.
Gouki Inu (GOUKI) lost the most in the last 24 hours, sinking one hundred per cent, and was trading at $00000.05596.
Meme Coins
Key meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) gained value in the last 24 hours. Dogelon Mars (ELON) and Samoyed coin (SAMO) also increased in value, according to coinmarketcap.com.
The top meme coin by market value Dogecoin rose 3.48 per cent in the last 24 hours. It traded at $0.2052. Shiba Inu saw an increase of 4.66 per cent in the last 24 hours and was trading at $0.00003897.
According to coinmarketcap.com, Dogelon Mars (ELON) has risen by 5.81 per cent in the last 24 hours and was trading at $0.000001381. Samoyed coin (SAMO) was trading at $0.06368 and documented a rise of 2.62 per cent in the last 24 hours, according to coinmarketcap.com.
Recent Updates
Popularity flocked toward the Winter Session of Parliament as there were plans to announce the proposed cryptocurrency bill.
The ambiguity over the future of cryptocurrency in India remains. Coin Store, a Singapore-based crypto exchange, has announced its services in India.
Charles Tan, head of marketing for Coin Store, told Reuters that they are planning to recruit about one hundred employees in India and spend $20 million on marketing, hiring, and development of crypto-related products and services for the Indian market.
At present, seven cryptocurrency entrepreneurs and billionaires have been recognized on the Forbes 2021 list of the richest Americans.
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