Cryptocurrency Prices Update

The global market cap of cryptocurrencies is currently $2.28 trillion, down 0.56 percent in the past 24 hours. The total volume of the cryptocurrency market for the past 24 hours is $124.52 billion, down 15.28 percent.

Bitcoin price is currently above INR 41 lakh and its dominance is 44.49 percent, down 0.73 percent for the day.

Cryptocurrency exchange, Binance sees Ireland as part of its plans to set up various headquarters around the world, its CEO told Reuters on October 7th. Some have banned the platform for certain activities while others warned consumers that it was not licensed to operate.

In response, CEO Changpeng Zhao said, he wanted to improve relations with regulators and break away from its “decentralized” structure and establish a regional headquarters.

Meanwhile, Manish Malhotra became the first Indian designer to create five non-fungible tokens (NFTs). All five were sold, each for 1,6003,000 WRX ($ 1,908.8 to $ 3,579). This new unexplored world, NFT, fascinated me. It’s a new stream and platform not just for artists creating physical products, but also for new age artists, designers, illustrators and digital content creators, Malhotra said on CNNNews18.

WazirX NFT Marketplace has partnered with FDCI X Lakme Fashion Week to introduce fashion NFTs to designers and artisans.

On October 8th at 8:05 am IST, these are the prices of the largest cryptocurrencies (data from WazirX, Crypto Exchange):

NAME PRICE (INR) 24H %
Bitcoin 41,26,187 -3.52%
Ethereum 2,73,936 0.39%
Tether 76.68 -0.93%
Cardano 174.00 3.14%
Binance Coin 33,150.00 -0.81%
XRP 82.15 -0.49%
Solana 11,855.41 -0.25%
Polkadot 2,584.99 6.02%
Dogeecoin 18.6 -2.05%

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