Cryptocurrencies traded in the red early this morning, with global crypto market capitalization down 0.46 percent from the previous day to $ 1.96 trillion. The total crypto market for the last 24 hours was $102.90 billion, an increase of 44.45 percent.
The total amount of DeFi is $16.54 billion, which is 16.08% of the total 24-hour volume of the crypto market. The amount of all stablecoins is US $80.92 billion, which is 78.64% of the total amount.
The price of Bitcoin is currently 33.83 lakh. The Crypto accounts for 40.77% of the total 24-hour volume of the cryptocurrency market, which is equivalent to a 0.45% increase throughout the day.
Crypto based crime peaked in 2021 and illegal address transactions received $14 billion annually from $7.8 billion in 2020, according to blockchain data company Chainalysis.
However, the company said the rate of fraudulent transactions fell to a record low of 0.15% in 2021 in relation to cryptocurrency trading volumes.
For all cryptos tracked by Chainalysis, total trading volume increased to US $15.8 trillion in 2021, a six-fold increase compared to 2020.
The annual trend suggests that crime is becoming a smaller part of the crypto business ecosystem-except for 2019, which is an outlier year, primarily due to the PlusTokenPonzi scheme. They also show that law enforcement capabilities to combat crypto-based crime is evolving.
As of 8.40 am on January 11, these are the prices of largest cryptocurrencies (data from WazirX):
| NAME | PRICE (INR) | 24H % |
| Bitcoin | 33,83,194 | -0.26% |
| Ethereum | 2,49,724 | -2% |
| Tether | 80.39 | -0.45% |
| Cardano | 92.3000 | -2.11% |
| Binance Coin | 34,497.70 | -2.86% |
| XRP | 59.781 | -1.7% |
| Polkadot | 1,931.66 | -4.15% |
| Dogecoin | 11.6698 | -4.65% |
The Blockgeni Editorial Team tracks the latest developments across artificial intelligence, blockchain, machine learning and data engineering. Our editors monitor hundreds of sources daily to surface the most relevant news, research and tutorials for developers, investors and tech professionals. Blockgeni is part of the SKILL BLOCK Group of Companies.
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