Skip to main content

Bitcoin, Ether Witness Small Gains, Stablecoins Stumble with Dips

The cryptocurrency price chart reflected tiny profits next to majority cryptocurrencies on Wednesday, February 8. Bitcoin grew by 1.62 percent to be at the price point of $23,260 (roughly Rs. 19.2 lakh). The cryptocurrency showed a similar market movement on international exchanges like CoinMarketCap and Binance among others. In the past 24 hours, the oldest crypto asset has risen by $396 (roughly Rs. 32,730). Bitcoin's price range recorded a decrease of 2.77 percent in the last few days. Experts have noted that BTC's resistance currently stands at the mark of $23,150 (roughly Rs. 19.1 lakh).

Ether saw a 2.75 percent spike in its value on Wednesday. The price of ETH, at the time of writing, stood at $1,678 (roughly Rs. 1.38 lakh), showed the crypto price tracker by Gadgets 360.

Binance Coin, Cardano, Polygon, Solana, and Polkadot emerged as gainers alongside BTC and ETH.

Dogecoin and Shiba Inu, both the memecoins, reeled-in profits today along with Litecoin, Tron, Uniswap, and Cosmos.

The overall crypto market valuation grew by 2.26 percent in the last 24 hours. As per CoinMarketCap, the global crypto cap is valued at $1.09 trillion (roughly Rs. 89,97,764 crore).

Stablecoins meanwhile, stumbled down the price charts amid majority altcoins registering profits.

Tether, Binance USD, and USD Coin — all opened with small but substantial losses.

Cronos, Circuits of Value, Dogefi, and Bitcoin Hedge also settled with losses.

The digital assets sector has been expanding its roots around the world. The UK for instance, is experimenting with the digital version of pound sterling called the ‘Britcoin'.

In India, crypto companies like CoinDCX and Mudrex have already flagged off crypto awareness programmes and blockchain development initiatives in the most populated nation in the world.

With this boom in the Web3 ecosystem, the Interpol organisation has also begun to explore ways to tackle crimes in the metaverse arena.

Samsung's Galaxy S23 series of smartphones was launched earlier this week and the South Korean firm's high-end handsets have seen a few upgrades across all three models. What about the increase in pricing? We discuss this and more on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.

Cryptocurrency is an unregulated digital currency, not a legal tender and subject to market risks. The information provided in the article is not intended to be and does not constitute financial advice, trading advice or any other advice or recommendation of any sort offered or endorsed by NDTV. NDTV shall not be responsible for any loss arising from any investment based on any perceived recommendation, forecast or any other information contained in the article. 



from Gadgets 360 https://ift.tt/5LHtXWp
Labels:

Comments

Post a Comment

Popular posts from this blog

Samsung Galaxy S24 Series Pre-Order Details Leak Out; Galaxy S24+ Spotted on Walmart Listing

Samsung Galaxy S24 series is expected to be unveiled on January 17 and past rumours have already given us a fair idea of what to expect from the new flagship phones. The most recent leaks suggest video recording upgrades on the Samsung Galaxy S24, Galaxy S24+, and Galaxy S24 Ultra along with some pre-order perks. The regular models are also tipped to be priced lower than their predecessors. The Galaxy S24 Ultra, in contrast, could see a price jump across all three storage variants. Meanwhile, Walmart accidentally listed the Galaxy S24+ on its online website, whereas Samsung retailers in Brazil have also started teasing the phone ahead of the debut. On X (formerly Twitter), Tipster Ice Universe (@UniverseIce)  posted that Samsung's flagship Galaxy S24 phones will be priced slightly lower than expected. He claimed that Galaxy S24 and Galaxy S24+ stock is large this time as the company is optimistic about the upcoming phones. Further, the Galaxy S24 series is said to offer the abili
Post a Comment
Read more

End-of-Season Savings on Convertible Air Conditioners Starting at Rs. 22,990

Check out Croma's latest deals on Convertible Air Conditioners, with prices starting from just Rs. 22,990. This sale brings together top brands like Voltas, Daikin, and Croma, offering a mix of high-tech features and value for money. Whether you're looking for energy-saving options or models with the latest cooling technology, there's something for everyone. Plus, these ACs are more environmentally friendly. Big discounts on the usual prices and special bank offers make this a great time to upgrade your air conditioner. Croma 4 in 1 Convertible 1.5 Ton 3 Star Inverter Split AC Get the Croma 4 in 1 Convertible AC at a great deal of Rs. 28,990, down from Rs. 42,000. Made for compact spaces, this 3-star, 1.5 Ton AC is efficient and eco-friendly, complete with a PM 2.5 filter. HDFC Bank users can avail themselves of an extra discount, making it an even better bargain. Buy now at: Rs. 28,990 (MRP Rs. 42,000) Voltas 183V Vectra Platina 4 in 1 Convertible 1.5 Ton 3 Star Invert
Post a Comment
Read more

Google Pixel Watch 2 Spotted on Google Play Console; Specifications, Chipset Tipped

Google Pixel Watch 2 is expected to launch soon as the successor to the Google Pixel Watch , which was released in October 2022. The debut Pixel Watch model has a 1.2-inch AMOLED touch display protected by 3D Corning Gorilla Glass 5 and an Exynos 9110 SoC. The watch also claimed to have a battery life of up to 24 hours. However, the upcoming Pixel Watch 2 is expected to include an improved SoC and battery. There have been several rumours about the purported smartwatch. The wearable was reportedly spotted on Google Play Console, where some key specifications were listed. A 9to5Google report says that the Pixel Watch 2 was recently spotted on the Google Play Console. The listing shows some key details of the smart wearable, including its processor, display and software specifications. The report says that the watch is likely to be powered by a Qualcomm SW5100 SoC, which claims to be the Snapdragon W5 chipset, not the W5+ variant. It is also tipped to retain 2GB of RAM from the precedi
Post a Comment
Read more