Cryptocurrency Price INR: The decline in the cryptocurrency market continues even on Saturday. Most of the cryptocurrencies are visible on the red mark. Bitcoin and Ethereum are seeing a decline of about 8 percent.
Top cryptocurrencies around the world are still visible on the red mark. Bitcoin and Ethereum are seeing a decline of up to 3 percent during the last 24 hours. The global cryptocurrency market cap has come down to around $151 trillion. It has seen a decline of about 3.40 percent compared to the previous day. The biggest and most popular cryptocurrency i.e. bitcoin is currently trading at 35 thousand dollars. The Ether coin linked to the Ethereum blockchain network is down about 8.66 percent at $2,165.69.
The Republican Congressional Committee (NRCC) of America has said that it will accept donations in cryptocurrency. It will be the first national party in the US to accept donations in cryptocurrencies such as bitcoin. The organization says that this will help it in the midterm elections next year.
In India, cryptocurrency exchange WazirX was accused of helping in the drug trade. On Friday, the Vice report gives information that the person running the drug trade has not used this platform. In a Vice report released on June 17, it was said that Makrand Pradeep Adivirkar had access to the underground drug circuit.
World Bank will not help El Salvador with bitcoin
After recognizing bitcoin in El Salvador, the World Bank has also made a big statement. The World Bank has made it clear that it cannot help El Salvador with bitcoin’s decision amid concerns about the environment and transparency. Recently, the government of El Salvador has given legal recognition to bitcoin by passing a bill.
People here can now transact in bitcoin apart from US dollars. Tesla has already announced that it will no longer accept bitcoin as payment. This decision of Tesla has come with environmental concerns.
Rates of 10 biggest cryptocurrencies in the world as of May 19 at 09:30 am (these figures are taken from coinmarketcap.com)
- Bitcoin: Down 8.06 percent to $34,985
- Ethereum: Falls 7.10 percent to $2,180.76
- Tether: up 0.09 percent at $1.00
- Binance Coin: Falls 5.98 percent to $333.12
- Cardano: Falls 5.20 percent to $1.40
- Dogecoin: Falls 5.81 percent to $0.287
- XRP: down 6.37 percent to $0.7866
- USD Coin: Up 0.06 percent to $1.0
- Polkadot: $20.77 down 6.84 percent
- Uniswap: 7.65% down to $20.05
Which cryptocurrency has gained the most
- Fire Token: $0.1049 up 1,246.26 percent in the last 24 hours
- Sharder: $0.005336 up 440.47 percent in the last 24 hours
- Darma Cash: $0.3404 up 411.94 percent in last 24 hours
- DINGO TOKEN: Up 201.70% in last 24 hours < 0.00000001
- Qitmeer: $0.04827 up 172.20 percent in last 24 hours
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at informalnewz@gmail.com
