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Cryptocurrency Price Today In India July 19 Check Market Cap Bitcoin Ethereum Dogecoin Litecoin Ripple NEAR Prices Gainer Loser Coinmarketcap Wazirx

The global crypto market cap has managed to regain the $1-trillion mark after a weeks-long meltdown, dipping to nearly $800 billion earlier this month. Bitcoin (BTC), the world’s oldest and most valued crypto, managed to float above the $22,000 mark on early Tuesday morning but dipped slightly at the time of writing. Ethereum (ETH) price rose above the $1,500 mark, while other popular altcoins, including the likes of Solana (SOL) and Ripple (XRP), saw considerable gains across the board.

At the time of writing, the global crypto market cap stood at $1.02 trillion as per CoinMarketCap data, registering a 24-hour gain of 4.55 percent. 

Bitcoin (BTC) price today

At the time of writing, BTC was priced at $21,797.31. As per CoinMarketCap, Bitcoin saw a 24-hour gain of 2.56 percent. As per Indian exchange WazirX, BTC price stood at Rs 17.85  lakhs.

Ethereum (ETH) price today

With a 24-hour gain of 7.06 percent, ETH price stood at $1,502.35. As per WazirX, Ethereum price in India stood at Rs 1,24,999.

Dogecoin (DOGE) price today

DOGE saw a 24-hour gain of 3.26 percent as per CoinMarketCap data, currently priced at $0.06694. As per WazirX, Dogecoin price in India stood at Rs 5.37.

Litecoin (LTC) price today

Litecoin registered a minor dip of 0.58 percent over the past 24 hours. At the time of writing, it was priced at $57.18. LTC price in India stood at Rs 4,581.

Ripple (XRP) price today

XRP price stood at $0.3574, seeing a 24-hour gain of 0.38 percent. As per WazirX, Ripple price stood at Rs 29.02.

Solana (SOL) price today

Solana price stood at $43.65, marking a 24-hour gain of 7.40 percent. As per WazirX, SOL price in India stood at Rs 3,509.96.

Top crypto gainers today (July 19)

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

NEAR Protocol

Price: $4.49
24-hour gain: 21.23 percent

Ethereum Classic (ETC)

Price: $25.66
24-hour gain: 20.70 percent

THORChain (RUNE)

Price: $2.64
24-hour gain: 16.40 percent

Gala (GALA)

Price: $0.06051
24-hour gain: 15.74 percent

STEPN (GMT)

Price: $1.07
24-hour gain: 15.38 percent

Top crypto losers today (July 19)

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

Lido DAO (LDO)

Price: $1.52
24-hour loss: 11.90 percent

Internet Computer (ICP) 

Price: $7.30
24-hour loss: 1.25 percent

BitTorrent-New (BTT)

Price: $0.0000009046
24-hour loss: 1.11 percent

Quant (QNT)

Price: $102.47
24-hour loss: 0.96 percent

Elrond (EGLD)

Price: $59.03
24-hour loss: 0.96 percent

What crypto exchanges are saying about the current market scenario

Edul Patel, the CEO and Co-Founder of crypto exchange Mudrex, told ABP Live, “Bitcoin hovered above the $22,000 level, gaining 5 percent over the previous day. If the price can fix at that level, we may see a further upward move. However, on the other side, Ethereum outperformed the crypto market by gaining nearly 12 percent as market participants are keen on the Merge ahead. This peak comes following Ethereum’s six consecutive days of higher highs taking the price above the $1,500 level showing great strength and recovery of the asset. If bulls can sustain the momentum, Ethereum could reach the $2,000 mark. If not, we can expect a retracement.”

Commenting on the crypto market scenario, Sathvik Vishwanath, CEO and Co-Founder of crypto exchange Unocoin told ABP Live, “The price recovery continued on Monday and the combined effect of one week of price action has ended up in over 10-percent green for most of the coins and tokens. The tokens which are meant to help with more number of transactions on the blockchains have seen as much as a 30 percent recovery within the last week since the prices started recovering. The tokens like Ether and Cardano saw a price increase of up to 10 percent in just the last 24 hours. Interestingly we have been seeing a bullish wedge pattern in the candle stick graphs for three days”

Tushar Gandotra, Founder and CEO of crypto exchange FiEx, told ABP Live, “MATIC and SOL are showing potential in the short term. They have been making a higher high and are able to manage to break the resistance and move upwards. The market structure has changed and the volumes have increased. It’s a positive sign in these times.”

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.


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Cryptocurrency Price Today In India July 11 Check Market Cap Bitcoin Ethereum Dogecoin Litecoin Ripple Chiliz Prices Gainer Loser Coinmarketcap Wazirx

Bitcoin (BTC) on July 8 managed to rise above the $22,000 mark, but lost most of its gains over the weekend, dipping below the $21,000 mark yet again on July 11 morning. Subsequently, most other major altcoins also saw major dips in their prices, including the likes of Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), and Ripple (XRP). Even lesser-known altcoins, which usually see a gain of nearly 1,000 percent on any given day, didn’t manage to impress as the top gainer over the last 24 hours is the Chiliz token, which saw a gain of only 4.98 percent. 

At the time of writing, the global crypto market cap stood at $917.69 billion as per CoinMarketCap data, registering a 24-hour dip of 2.69 percent. 

Bitcoin (BTC) price today

At the time of writing, BTC saw a minor gain and was priced at $20,624.36. As per CoinMarketCap, Bitcoin saw a 24-hour gain of 0.20 percent. As per Indian exchange WazirX, BTC price stood at Rs 16.84 lakhs.

Ethereum (ETH) price today

With a 24-hour dip of 0.03 percent, ETH price stood at $1,153.18. As per WazirX, Ethereum price in India stood at Rs 95,000.

Dogecoin (DOGE) price today

DOGE saw a 24-hour dip of 0.16 percent as per CoinMarketCap data, currently priced at $0.06618. As per WazirX, Dogecoin price in India stood at Rs 5.49.

Litecoin (LTC) price today

Litecoin registered a loss of 0.09 percent over the past 24 hours. At the time of writing, it was priced at $51.39. LTC price in India stood at Rs 4,375.87.

Ripple (XRP) price today

XRP price stood at $0.3252, seeing a 24-hour dip of 0.53 percent. As per WazirX, Ripple price stood at Rs 26.52.

Solana (SOL) price today

Solana price stood at $35.77, marking a 24-hour gain of 0.43 percent. As per WazirX, SOL price in India stood at Rs 2,931.

Top crypto gainers today (July 11)

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

Chiliz (CHZ)

Price: $0.1065
24-hour gain: 4.98 percent

Tezos (XTZ)

Price: $1.65
24-hour gain: 3.74 percent

Monero (XMR)

Price: $128.80
24-hour gain: 3.50 percent

Arweave (AR)

Price: $11.90
24-hour gain: 3.28 percent

IOTA (MIOTA)

Price: $0.2893
24-hour gain: 2.26 percent

Top crypto losers today (July 11)

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

STEPN (GMT)

Price: $0.8885
24-hour loss: 9.30 percent

Convex Finance (CVX)

Price: $5.80
24-hour loss: 7.52 percent

THORChain (RUNE)

Price: $2.22
24-hour loss: 6.74 percent

Elrond (EGLD)

Price: $51.34
24-hour loss: 6.71 percent

Curve DAO Token (CRV)

Price: $0.9294
24-hour loss: 6.35 percent

Edul Patel, the CEO and Co-Founder of crypto exchange Mudrex, told ABP Live, “Most cryptocurrencies dipped over the weekend with increasing selling pressure. Bitcoin has been down by nearly 4 percent since the last day. If bulls can keep the bar above the $21,000 level, we might see some sharp upward moves. If sellers take over the BTC, we might likely see a bearish trend this week. While on the other hand, as the price of Ethereum also falls, the revenue of projects based on the network is also plunging drastically. ETH has lost nearly 5 percent, and it is about to test its support level at$1,200. If buyers lose control to sellers, we might see Ethereum falling to the $1,000 zone.”

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.


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Bitcoin, Ether Breach Key Levels; Shiba Inu, Dogecoin in Green

Cryptocurrency Price Today: Starting on a bearish note this week, the global cryptocurrency market ended with decent gains, crossing the $950 million mark towards the end of it and remaining comfortable on that level as the week ended. The crypto market cap was standing at $953.78 billion on Saturday, July 9, down by 1.52 per cent over the past 24 hours, as per data.

“The crypto market started on a bearish note early this week indicating the narrow price action and picked up the momentum tracking gains in the US equities markets. Most cryptocurrencies continued to gain, strengthening the market mid week,” said Edul Patel, CEO and co-founder of Mudrex.

However, Kumar Gaurav, CEO and founder of Cashaa, noted, “We are in a bear market that will get intense. However, the market will present the illusion of growth and lure people to trade. It’s pretty standard for the need to show swings signs to attract the capital sitting on the sideline. But consolidation has not been completed, and the market will correct it further.”

Two days after it scaled the $22,000 mark, Bitcoin came down to the $21,000 level on Saturday. Bitcoin price today stood at $21,542.12, down by a slight 0.12 per cent over the past 24 hours, data from CoinMarketCap showed at the time of writing this article.

“Bitcoin has been trying to move upwards since June 18th and finally managed to break out from an inverse on July 7, trading above $22,000 level. This bullish trend can lead to price reversals and can take the  BTC to $25,000 in the coming weeks if the consistency is maintained,” said Patel.

Meanwhile, Ether stayed above the $1200 mark on the day. At the time of writing this article, Ethereum price was standing at $1,214.24, which is down by 0.16 per cent over the past 24 hours.

“The second largest cryptocurrency, Ethereum also hovered from $1,073 to $1,246 over the week, expanding its spheres of influence. The changes in the past seven days in the price action of ETH show that it has added nearly 14.32 per cent which helped it navigate the recent bearish trend to an extent. Overall, the market seems to be bullish this week,” added Patel.

“The overall crypto market traded in green with Bitcoin and Ether witnessing a mini-rally. The Ether surge could be mainly due to the euphoria around the upcoming Ethereum blockchain Merge which may have sparked investor interest in the most popular altcoin,” commented Tarusha Mittal, co-founder and COO at UniFarm.

Memecoins including Shiba Inu and Dogecoin saw jumps over the day. “The meme coin space saw a lot of movement with DOGE and SHIB leading the effort. Elon Musk’s statement in support of DOGE added over $1 billion to its market cap and SHIB announced its plans to have its stablecoin,” said Mittal.

Here are the top 10 cryptocurrencies and their prices on July 9, 2022, (According to data from coinmarketcap.com)

Bitcoin $21,542.12 or 0.12 per cent loss in the last 24 hours

Ethereum $1,214.24 or 0.16 per cent loss in the last 24 hours

Tether $0.9994 or 0.00 per cent loss in the last 24 hours

USD Coin $1.00 or 0.01 per cent loss in the last 24 hours

BNB $242.27 or 0.06 per cent gain in the last 24 hours

Binance USD $1.00 or 0.18 per cent gain in the last 24 hours

XRP $0.3423 or 0.02 per cent loss in the last 24 hours

Cardano $0.4792 or 0.99 per cent gain in the last 24 hours

Solana $38.56 or 0.61 per cent gain in the last 24 hours

Dogecoin $$0.0695 or 0.36 per cent gain in the last 24 hours

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Bitcoin Price Today Below $20,000; Ether, Solana Remain Flat

Cryptocurrency Price Today: The global cryptocurrency market on Saturday, July 2, remained flat but stayed in the red zone for four consecutive days. Recession worries and inflationary pressure has set most crypto coins on a volatile mode, especially after a report concluded that the US economy contracted by 1.6 per cent in the first quarter of this year. Investors, worried about this, have been trying to sell their coins, with the stock markets being volatile as well, while they are also not looking to invest in any more risky assets.

The global cryptocurrency market stayed below the $900 million mark for another day on Saturday. At the time of writing this article, the cryptocurrency market cap was $865.52 billion, a decrease of 0.74 per cent over the past day, data from CoinMarketCap showed.

Bitcoin on the day also stayed below the $20,000 mark after recovering on the previous day. Bitcoin price today registered a value of $19,167.39 at 1346 IST, which is a dip of 2.08 per cent over the past day. Meanwhile, Ether price today remained flat and stayed barely over the $1,000 mark for two straight days. At the time of writing this article, Ethereum price was standing at $1,044.44, which is down by 2.22 per cent over the past 24 hours.

“Bitcoin dropped below $19K last day before recovering back above $20,000. Meanwhile the BTC balance on exchanges has hit a critically low level according to data from Galssnode. It is an indication that Bitcoin investors and whales are accumulating and HODling onto their coins despite the falling prices. This is a bullish sign which could eventually set off a reversal in trend. The daily trend for BTC is traversing within a descending triangle pattern. The next key support is expected at $14,000,” said the WazirX Trade Desk on July 1.

Back home, India has implemented rules regarding the tax deducted at source on virtual digital assets (VDAs) and cryptocurrencies that have come into effect from Friday, July 1. The rules make it compulsory for the buyer of a VDA to deduct 1 per cent of the amount paid to the seller (resident Indian) as income tax deducted at source (TDS).

Here are the top 10 cryptocurrencies and their prices on July 2, 2022, Saturday, (According to data from coinmarketcap.com)

Bitcoin $19,167.39 or 2.08 per cent gain in the last 24 hours

Ethereum $1,044.44 or 2.22 per cent loss in the last 24 hours

Tether $0.9991 or 0.02 per cent gain in the last 24 hours

USD Coin $1.00 or 0.01 per cent gain in the last 24 hours

BNB $216.59 or 1.58 per cent gain in the last 24 hours

Binance USD $0.9995 or 0.21 per cent loss in the last 24 hours

XRP $0.3128 or 1.72 per cent loss in the last 24 hours

Cardano $0.4459 or 1.91 per cent loss in the last 24 hours

Solana $32.57 or 1.77 per cent loss in the last 24 hours

Dogecoin $0.06668 or 0.28 per cent gain in the last 24 hours

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Cryptocurrency Price Today In India June 27 Check Market Cap Bitcoin Ethereum Dogecoin Litecoin Ripple GGT Prices Gainer Loser Coinmarketcap Wazirx

Due to an unprecedented crash last weekend, the global crypto market cap tanked to below $800 billion, down from its all-time high of $3 trillion as seen in November 2021. However, over the week, the prices of some cryptocurrencies managed to recover, including the likes of popular coins such as Bitcoin, Ethereum, Dogecoin, and others. As a result, the global market cap has also seen a boost in value, inching closer to the $1 trillion mark with each passing day. Despite a minor 24-hour dip, Bitcoin (BTC) price managed to stay above $21,000 on June 27. On the other hand, the GARD Governance Token (GGT) saw a rise of over 2,900 percent, along with several other lesser-known altcoins.

As per CoinMarketCap data, the global crypto market cap stood at $954.50 billion at the time of writing, registering a minor 24-hour dip of 0.80 percent.

Bitcoin (BTC) price today

As per CoinMarketCap, Bitcoin price stood at $21,235.54 at the time of writing. As per Indian exchange WazirX, BTC price stood at Rs 17.62 lakhs. Over the last 24 hours, BTC saw a dip of 0.87 percent.

Ethereum (ETH) price today

ETH price stood at $1,221.83, seeing a 24-hour loss of 1.29 percent. As per WazirX, Ethereum price in India stood at Rs 1.01 lakhs.

Dogecoin (DOGE) price today

DOGE saw a 24-hour gain of 11.26 percent as per CoinMarketCap data, currently priced at $0.07586. As per WazirX, Dogecoin price in India stood at Rs 6.39.

Litecoin (LTC) price today

As per CoinMarketCap, LTC registered a dip of 2.91 percent over the past 24 hours. At the time of writing, it was priced at $58. LTC price in India stood at Rs 4,791.54.

Ripple (XRP) price today

XRP price stood at $0.3626, registering a minor 24-hour dip of 1.04 percent. As per WazirX, Ripple price stood at Rs 29.80.

Solana (SOL) price today

As per CoinMarketCap, Solana price stood at $40.48, marking a 24-hour dip of 1.82 percent. As per WazirX, SOL price in India stood at Rs 3,330.

Top crypto gainers today (June 27)

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

GARD Governance Token (GGT)

Price: $0.0007236
24-hour gain: 2,916.49 percent

Swerve (SWRV)

Price: $0.5245
24-hour gain: 583.32 percent

Saitama (SAITAMA)

Price: $0.0000000002527
24-hour gain: 294.73 percent

Listen To Earn (LTE)

Price: $0.000001054
24-hour gain: 202.97 percent

Convergence (CONV)

Price: $0.002011
24-hour gain: 151.85 percent

Top crypto losers today (June 27)

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

PayAccept (PAYT)

Price: $0.04098
24-hour loss: 56.67 percent

SUPE (SUPE)

Price: $0.4916
24-hour loss: 53.85 percent

StepG (STEPG)

Price: $0.004243
24-hour loss: 50.78 percent

Starbase (STAR)

Price: $0.001764
24-hour loss: 33.20 percent

GAMETREE (GTCOIN)

Price: $0.3652
24-hour loss: 31.45 percent

Commenting on the current market scenario, Sathvik Vishwanath, CEO and Co-Founder of crypto exchange Unocoin told ABP Live, “The market has steadily increased over the past 72 hours and the recovery is in terms of 5 percent across the board. The crypto market cap stands inches away from reaching a trillion USD. While we are not sure if this is a dead cat bounce or actual recovery, we would get the clarity over this running week. This is the first week since 14 weeks the candle has ended in the green.”

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.


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Bitcoin Holds $20,000 Level, Ether, Solana Crash; Full List

Cryptocurrency Price Today: The global cryptocurrency market on Wednesday, June 22, remained volatile as investors did not see any fresh triggers to boost their confidence. After a day of rally, the crypto market cap saw a slight dip in its value as traders sought to profit booking rather than thinking on a long-term basis amid the prevailing selloff. The global cryptocurrency market cap on Wednesday fell by 3.69 per cent over the past 24 hours to stand at $890.70 billion at the time of writing this article, as per data.

“The current rally may not bring the bulls back into the market due to the recession fears looming over the financial markets. Investor interest in tech stocks and tech-based crypto assets has withered away as the macroeconomic conditions remain unfavorable. The hawkish stance taken by Fed will keep the investors on their toes in the coming weeks,” said Tarusha Mittal, COO and Cofounder of Unifarm, a group staking platform.

Bitcoin prices remained at the $20,000 levels on Wednesday. Bitcoin price today was standing at $20,108.32 at the time of writing this article, down by 4.70 per cent in the last 24 hours. Meanwhile, Ether price today was down by 6.20 per cent, to stand at $1,076.72 at the time of writing this article.

“Bitcoin remained just under the $21K level after recovering back from a dip below the $18K mark. Interestingly, this minor recovery has sparked the interest of people in Bitcoin again as the number of searches for the token reached a 12-month high. The daily trend for Bitcoin continues to traverse within a descending channel pattern seemingly bouncing-off the support levels. The next key support for Bitcoin is expected at $14,000. The daily RSI recovered back above the 25 level, still remaining in the oversold zone,” said the WazirX trade desk.

“The crypto market had a promising start to the week as most of the crypto assets were trading in green. The overall crypto market cap is inching towards $1 trillion and is currently at $930 billion. Ether jumped by over 4% and is hovering around the $1200 mark. The meme coin space too witnessed a sharp uptrend as $DOGE and $SHIB surged by 14% and 40% respectively,” added Mittal.

Here are the top 10 cryptocurrencies and their prices on June 22, 2022 ( According to data from coinmarketcap.com)

Bitcoin $20,108.32 or 4.70 per cent loss in the last 24 hours

Ethereum $1,076.72 or 6.20 per cent loss in the last 24 hours

Tether $0.9989 or 0.01 per cent loss in the last 24 hours

USD Coin $1.00 or 0.03 per cent loss in the last 24 hours

BNB $212.74 or 4.62 per cent loss in the last 24 hours

Binance USD $1.00 or 0.010 per cent gain in the last 24 hours

Cardano $0.4619 or 6.15 per cent loss in the last 24 hours

XRP $0.3201 or 2.21 per cent loss in the last 24 hours

Solana $34.02 or 7.90 per cent loss in the last 24 hours

Dogecoin $0.06168 or 0.54 per cent gain in the last 24 hours

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Bitcoin Below $30,000, Ether, Solana Take Huge Hit; Full List

Cryptocurrency Price Today: The global cryptocurrency market was headed for another dip on Saturday, June 11, as major crypto coins took a hit during the day. Almost all major crypto coins, including Bitcoin, Ethereum, Cardano, Solana and others extended their previous day’s losses to shed more value. The global cryptocurrency market was standing at $1.20 trillion, down by 3.19 per cent over the past 24 hours, data showed, as the situation remained more on the negative side.

The crypto coin prices remained unstable for another day as investors seemed undecided regarding attractive prices and worries about rising inflation as well as an economic slowdown. “We are seeing frequent short-term surges in volatility as market participants are trading within in a tight range because they are unsure of how the crypto market would react to macro-economic conditions,” said Darshan Bathija, CEO and co founder of Vauld.

Bitcoin plunged below the $30,000 levels again during early hours of the day and remained in that position. This came after two days of the world’s largest cryptocurrency being flat at the $30,000 mark. Bitcoin price today fell by 2.46 per cent to stand at $29,340.07 at the time of writing this article. Over the past week, Bitcoin rates have gone down by 1.13 per cent. On the other hand, Ether price today took a sharp hit and was standing at $1,669.92, falling by 6.79 per cent over the past 24 hours.

“Though BTC has been moving in tandem with the equities market, its correlation to the S&P 500 index has declined over the past month. If the crypto markets can move away from being correlated to the traditional markets, it would be a highly optimistic signal. While long-term holders are doubling down on their BTC investments, retail investors still remain risk-averse in the current market,” said Bathija.

“With a significant amount of institutional capital continuing to pour into the crypto space, this can potentially be viewed as a reversal of the negative sentiment ever once so prevalent. Going into the second half of 2022, we continue to be optimistic on crypto and web3 adoption as the technology continuously evolves to address existing challenges in the financial sector,” added the CoinDCX research team.

Here are the top 10 cryptocurrencies and their prices on June 11, 2022 ( According to data from coinmarketcap.com)

Bitcoin $29,340.07 or 2.46 per cent loss in the last 24 hours

Ethereum $1,669.92 or 6.79 per cent loss in the last 24 hours

Tether $0.9993 or 0.00 per cent loss in the last 24 hours

USD Coin $1.00 or 0.02 per cent gain in the last 24 hours

BNB $289.76 or 0.38  per cent loss in the last 24 hours

Cardano $0.6094 or 2.26 per cent loss in the last 24 hours

XRP $0.3876 or 4.49 per cent loss in the last 24 hours

Binance USD $0.9999 or 0.13 per cent loss in the last 24 hours

Solana $37.50 or 6.98 per cent loss in the last 24 hours

Dogecoin $0.07625 or 3.64 per cent loss in the last 24 hours

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Bitcoin Flat at $30,000, Ether, Cardano Track Losses; See List

Cryptocurrency Price Today: The global cryptocurrency market on Friday, June 10, remained largely flat as Bitcoin, Ethereum and other major crypto coins did not see much movement over the day. The stock market situation, with all its results, did not have much of an effect on the crypto market as it did not register much gains and remained on the bearish side. The global cryptocurrency market was standing at $1.24 trillion, down by 0.83 per cent over the past 24 hours, data showed, as the situation remained more on the negative side.

“We are seeing frequent short-term surges in volatility as market participants are trading within in a tight range because they are unsure of how the crypto market would react to macro-economic conditions. While long-term holders are doubling down on their BTC investments, retail investors still remain risk-averse in the current market,” said Darshan Bathija, CEO and co founder of Vauld.

After a few days of remaining choppy and falling below the $30,000 mark consistently Bitcoin on Friday again stayed stationed at the $30,000 levels, according to data. Bitcoin price today fell by 1.30 per cent to stand at $30,028.56 at the time of writing this article, according to data from CoinMarketCap.

“Bitcoin continues to hold $30,000-level ahead of investors waiting for the key inflation data, which will hint about what the Federal Reserve may do in September. Inflation numbers are hot and will remain hot in the new update. Rate hike expectations are likely to climb after the new report. Crypto market suffers a sell-off risk ahead over the outbreak of bad news,” said Kunal Jagdale, founder of BitsAir Exchange.

Meanwhile, Ether price today was standing at $1,788.19, falling by 1.14 per cent over the past 24 hours. “Ethereum’s recent upgrade – Ropsten testnet’s transition to Proof-of-stake on Wednesday failed to move the alt coin’s price,” said Darshan Bathija.

“Crypto tumbled on Thursday, with Bitcoin and Ethereum declining by 1.7% and 1.1% respectively as US Treasury yields rose. The decline, however, appears relatively mild compared to previous downwards marches, possibly a result of marginal seller exhaustion and a gradual easing of regulation concerns. With a significant amount of institutional capital continuing to pour into the crypto space, this can potentially be viewed as a reversal of the negative sentiment ever once so prevalent,” said the CoinDCX research team.

Here are the top 10 cryptocurrencies and their prices on June 10, 2022 ( According to data from coinmarketcap.com)

Bitcoin $30,028.56 or 1.30 per cent loss in the last 24 hours

Ethereum $1,788.19 or 1.14 per cent loss in the last 24 hours

Tether $0.9993 or 0.00 per cent loss in the last 24 hours

USD Coin $0.9999 or 0.04 per cent loss in the last 24 hours

BNB $289.36 or 0.78 per cent loss in the last 24 hours

Cardano $0.619 or 4.86 per cent loss in the last 24 hours

XRP $0.4058 or 0.57 per cent gain in the last 24 hours

Binance USD $1.00 or 0.13 per cent gain in the last 24 hours

Solana $40.01 or 1.07 per cent loss in the last 24 hours

Dogecoin $0.07907 or 1.87 per cent loss in the last 24 hours

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Wazirx Gets 1k Requests From Law Agencies

NEW DELHI :

Indian crypto exchange WazirX received 1,023 requests from law enforcement agencies in the second half of the financial year ended 31 March, of which 952 were from Indian law enforcement agencies, and 71 were from foreign agencies. This was almost three times more than the 377 requests received during April to September 2021. 

All the requests were related to criminal activities and the exchange complied with all of them with a turnaround time of 22 minutes, WazirX added.

Under the IT Act, companies are required to comply with information requests from law enforcement within 72 hours.

The data was shared by Wazir X as part of its second semi-annual transparency report.

The report showed that 95% of crypto-associated frauds occurred outside the Blockchain ecosystem, which means the crypto platform was not directly targeted. Ponzi schemes accounted for 40% of the frauds, phishing scams 25%, impersonation 25%, and identity theft 5%.

The surge in value of cryptos during the pandemic led to an investment spree in India too. Taking advantage of this fraudsters and cybercriminal also intensified rug pulls (crypto scams to fool investors), attempts to steal cryptos directly from wallets and launder money through cryptos.

Since cryptos are based on blockchain technology that is decentralized and designed to protect anonymity of nodes, tracking stolen cryptos across the chain becomes challenging for law enforcement agencies.

According to blockchain analysis firm Chainalysis, the total value of cryptocurrencies held on illicit addresses jumped to $14 billion in 2021 from $7.8 billion in 2020. Also, investors lost over $2.8 billion globally to various crypto scams in 2021.

Though number of crypto cases that are solved is still low, according to police officials, they have had some success in last few months. For instance, in January, enforcement directorate (ED) uncovered an initial coin offering scam involving a fake crypto called Morris coin, where 900 people in Kerala, Tamil Nadu and Karnataka were duped of over 1,200 crore.

Similarly, in April, the cybercrime unit of Uttar Pradesh Police busted a 3,000 crore scam in which money was transferred to different countries in the form of cryptos.

In addition to requests from law enforcement, WazirX also acted on requests from consumers and its legal team to lock 17,218 accounts. Of the total, 73% were based on consumer requests while the rest were locked at the behest of the legal team over disputes related to payments. The number of accounts locked during the six-month period rose 19% sequentially, WazirX added.

Crypto companies in India including virtual asset, exchange, and custodian wallet providers have been asked by the country’s nodal cybersecurity agency CERT-In to register and maintain information about their customers for a period of five years in a way that would allow “individual transaction to be reconstructed” along with information on “identification of the relevant parties.”

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Cryptocurrency exchanges: Crypto exchanges look at institutional investors, college students as volumes fall

Mumbai: Cryptocurrency exchanges are hoping to rope in large institutional investors on one hand and trying to get college students to explore blockchain deals on the other to stem the drastic drop in daily trading volumes after India introduced tax on virtual digital assets.

Many investors and traders are shunning crypto assets as profits will attract 30% tax from April 1. Not just the recent announcement of disallowing set-off would result in loss for most investors, shrinking risk appetite.

All exchanges in India have seen a drop of at least 50% in the last few days compared to the trading volumes last year. This also comes at a time when exchanges are grappling with how exactly to compute the 1% tax deducted at source on each transaction.



Exchanges hope that institutional investors would be more open to investing in crypto assets as introduction of tax also confers legitimacy for cryptocurrency.

“We are moving to work on the traction seen from institutional investors and we’re also set to go aggressive on educational initiatives based on crypto and blockchain to empower and penetrate deeper into the active crypto ecosystem,” said Shivam Thakral, CEO of BuyUcoin, a cryptocurrency exchange.

Daily volumes are important for the exchanges as it’s often used as a barometer for valuation during investment rounds, say industry trackers.

Many exchanges are hoping the lull period is intensified due to the downward trend in top cryptocurrencies.

“The trading volume was the highest on March 31 as users/ investors squared off their positions before the start of the new financial year. Starting April 1, there has been a decline, which is a usual trend at the start of every financial year. However, this year, we are seeing a sharper decline due to the stringent tax laws,” said Minal Thukral, Executive Vice President, Growth and Strategy, CoinDCX, a cryptocurrency exchange.

This also comes at a time when order books of top exchanges are under stress.

Order books of cryptocurrency players are under renewed stress as investors found it difficult to buy or sell such assets after liquidity providers decided to stay away, deterred by tax complications, ET reported on Thursday.

Till March, liquidity providers helped exchanges with float or the difference between buying and selling price for concluding a transaction.

In most cases these liquidity providers would provide such a float for a small margin.

Youngsters from tier 2 and tier 3 cities had flocked to cryptocurrency platforms during the Covid-19 pandemic and crypto exchanges recorded steeper growth in smaller cities than metros.

Crypto exchange WazirX had earlier told ET that most of its users are below 35 years of age and the exchange had recorded 2,648% growth in user signups in 2021 from Tier-II and Tier-III cities of the country.

Other exchanges had recorded similar trends with most of the new cryptocurrency investors coming from cities such as Lucknow, Ahmedabad, Patna, Bhopal, Vadodara, and Kolkata. As per data available with BuyUcoin, a cryptocurrency exchange, Bhopal had seen the highest jump in new investors last year.

But now that the taxation regime has started, many of these youngsters are taking a back seat.


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