CRYPTO NEWS - Bitcoin is at $47k Waiting to Grow - Market Follows Everything is in Red
CRYPTO NEWS - Bitcoin is at $47k Waiting to Grow - Market Follows Everything is in Red
00:05 Intro
01:48 Crypto News
04:17 Bitcoin News
05:32 Ethereum News
06:15 Bitcoin Technical Analysys
06:40 Ethereum Technical Analysys
08:01 Crypto Market News
10:07 Outro
The capitalization of the global cryptocurrency market has declined slightly by 5.24 percent in the last 24 hours to $2.13 trillion. Bitcoin, now trading at $46,879.64, increased its market share by about 0.48 percent in the last day to 41.60 percent.
Total cryptocurrency trading volume over the past 24 hours was $96.48 billion, a significant increase of 39.30 percent. While DeFi ($12.43 billion) accounted for 12.88 percent of total cryptocurrency volume, Stablecoin ($78.22 billion) accounted for 81.08 percent of total cryptocurrency market volume in the 24 hours.
Bitcoin was down slightly by 3.49 percent and traded at Rs. 37,88,240, while Ethereum (Rs. 3,03,724) was down 5.69 percent. Cardano (Rs. 98.79) was down 6.18 percent. Avalanche (Rs. 6,350) is down 10.09 percent, Polkadot (Rs. 2,115.88) is down 8.75 percent, and Litecoin (Rs. 11,712) is also down 5.76 percent in the last 24 hours.
Memecoin SHIB is also down about 6.17 percent and DOGE (Rs. 12.74) is down 4.74 percent.
Myanmar's shadow National Unity Government (NUG), in an unprecedented economic move, announced the recognition of the Tether (USDT) steblecoin as its official currency. NUG Finance Minister Tin Tun Naing announced the adoption of tether, also known as the dollar proxy, for domestic purposes and to facilitate and accelerate trade, services and payments.
90 percent of all bitcoins have been mined as of Dec. 13, 2021, nearly 12 years after the Genesis block of 50 bitcoins was first mined on Jan. 9, 2009. With a total and maximum supply of 21 million BTC, 18.89 million are already mined and circulating in the market.
And while it may seem like the most popular cryptocurrency's supply is close to exhaustion, network estimates and charts of BTC halving predict that the remaining 10 percent of the supply will persist and remain unmined until February 2140.
In another case of a major cryptocurrency scam, a hacker used Polygon-based platform Vulcan Forged to seize private keys from 96 cryptocurrency wallets and grab about 4.5 million of its native PYR tokens, about 9 percent of the $50 million supply, depriving investors of about $140 million.
#crypto #cryptocurrency #altcoins
00:05 Intro
01:48 Crypto News
04:17 Bitcoin News
05:32 Ethereum News
06:15 Bitcoin Technical Analysys
06:40 Ethereum Technical Analysys
08:01 Crypto Market News
10:07 Outro
The capitalization of the global cryptocurrency market has declined slightly by 5.24 percent in the last 24 hours to $2.13 trillion. Bitcoin, now trading at $46,879.64, increased its market share by about 0.48 percent in the last day to 41.60 percent.
Total cryptocurrency trading volume over the past 24 hours was $96.48 billion, a significant increase of 39.30 percent. While DeFi ($12.43 billion) accounted for 12.88 percent of total cryptocurrency volume, Stablecoin ($78.22 billion) accounted for 81.08 percent of total cryptocurrency market volume in the 24 hours.
Bitcoin was down slightly by 3.49 percent and traded at Rs. 37,88,240, while Ethereum (Rs. 3,03,724) was down 5.69 percent. Cardano (Rs. 98.79) was down 6.18 percent. Avalanche (Rs. 6,350) is down 10.09 percent, Polkadot (Rs. 2,115.88) is down 8.75 percent, and Litecoin (Rs. 11,712) is also down 5.76 percent in the last 24 hours.
Memecoin SHIB is also down about 6.17 percent and DOGE (Rs. 12.74) is down 4.74 percent.
Myanmar's shadow National Unity Government (NUG), in an unprecedented economic move, announced the recognition of the Tether (USDT) steblecoin as its official currency. NUG Finance Minister Tin Tun Naing announced the adoption of tether, also known as the dollar proxy, for domestic purposes and to facilitate and accelerate trade, services and payments.
90 percent of all bitcoins have been mined as of Dec. 13, 2021, nearly 12 years after the Genesis block of 50 bitcoins was first mined on Jan. 9, 2009. With a total and maximum supply of 21 million BTC, 18.89 million are already mined and circulating in the market.
And while it may seem like the most popular cryptocurrency's supply is close to exhaustion, network estimates and charts of BTC halving predict that the remaining 10 percent of the supply will persist and remain unmined until February 2140.
In another case of a major cryptocurrency scam, a hacker used Polygon-based platform Vulcan Forged to seize private keys from 96 cryptocurrency wallets and grab about 4.5 million of its native PYR tokens, about 9 percent of the $50 million supply, depriving investors of about $140 million.
#crypto #cryptocurrency #altcoins
