Market is trading in red as BTH and ETH suffer drop

New Delhi: Global crypto market cap fell 3.60% to $ 2.18 trillion in the past 24 hours, while total trading volume fell 6.79 % to $ 95.77 billion.

On the other hand, DeFi ($ 15.16 billion) generated 15.83% of the transaction volume. Stables ($ 75.16 billion) accounted for 78.48%. Bitcoin market dominance jumped 0.29% to 40.45% on Thursday morning. Currently, Bitcoin is trading at $ 46,560.09.

Under major cryptocurrencies, Bitcoin fell 2.46% to trade at Rs 37,49,173, while Ethereum fell 4.48% to settle at Rs 2 93,527.4. Cardano a also fell 7.25% to Rs 105.4. In addition, Avalanche, Polkadot and Litecoin fell 8.77%, 7.53% and 1.04% to stand at Rs 8,048, Rs 2,137.04 and 11,725.33 respectively, over the past few years. 24 hours. Meanwhile, Tether jumped 0.12% to trade at Rs80.18.

Shiba Inu Memecoins fell 5.61% and Dogecoin fell 4.29% to stand at Rs 13.56. LUNA fell around 6.39% to Rs 6,579.55.

The co-founder and COO of Ethereum-based metaverse game The Sandbox, Sebastien Borget, saw the metaverse as a digital nation. He said it’s validation that his team’s idea for a community-owned, user-customizable online game to be adopted by a large number of people.

“Every day the menu is different. There are new landowners and new communities who come and decide to build things next to each other. I feel like it’s a digital, living and breathing nation. That’s why it’s exciting. It’s culturally rich, it’s global and it’s accessible, ”he continued.

Crypto trading

According to the blockchain data site Glassnode, there are approximately 71,364,788 addresses that have a certain amount of Ethereum.

On the other hand, a white hat hacker got a bug bounty. A person named Leon Spacewalker on Twitter helped Gameserver avoid a multibillion-dollar disaster in early December. He informed of an exploit in a critical Polygon smart contract that held more than nine billion MATIC tokens on December 3, which was then priced at $ 20.2 billion. The core developer team fixed it. On December 5, Spacewalker reportedly won a bug bounty of $ 2.2 million.


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