XRP, Polkadot Surge Upto 11%

Bitcoin’s price is currently $54,475.28 and its dominance is currently 44.71 percent, an increase of 0.15 percent over the day.

October 10, 2021 / 08:10 AM IST

(Image: Reuters)

Cryptocurrency prices continue to be in the green on October 10. The global cryptocurrency market cap is $2.29 trillion, a 0.69 percent increase over the last day, while the total crypto market volume over the last 24 hours is $96.99 billion, which makes a 15.86 percent decrease.

Bitcoin’s price is currently $54,475.28 and its dominance is currently 44.71 percent, an increase of 0.15 percent over the day.

With Gucci selling virtual sneakers for $12, and brands from Balenciaga to Burberry becoming NFT-friendly, the world of fashion is changing. Fashion non-fungible tokens or NFTs are unique jpg files with an authenticity certificate, and just like fine art, they are collectibles.

Recently, Manish Malhotra launched the first designer NFTs in India on the WazirX NFT Marketplace, through the FDCI X Lakmé Fashion Week. None of the five NFTs is wearable, of course.

Meanwhile, the White House is considering a wide ranging oversight of the cryptocurrency market to combat the growing threat of ransomware and other cyber crime, a spokeswoman said on Friday.

“The NSC and NEC are coordinating across the interagency to look at ways we can ensure that cryptocurrency and other digital assets are not used to prop up bad actors, including ransomware criminals,” the White House National Security Council spokeswoman said.

The oversight could include an executive order, Bloomberg News reported on Thursday. The spokeswoman did not comment on whether an executive order will be part of such oversight.

Ransom software works by encrypting victims’ data. Typically hackers will offer the victim a key in return for cryptocurrency payments that can run into hundreds of thousands or even millions of dollars.

As off 7.40 am on October 10, these are the prices of largest cryptocurrencies (data from WazirX):

S. No. Name Price 24h % 7d % Market Cap Volume(24h) Circulating Supply
1 Bitcoin
BTC
$54,475.28 0.85% 14.27% $1,027,118,213,949 $33,387,487,322
612,393 BTC
18,839,400 BTC
2 Ethereum
ETH
$3,514.17 -1.30% 2.94% $414,293,218,064 $13,647,229,835
3,882,554 ETH
117,863,902 ETH
3 Cardano
ADA
$2.24 0.22% -0.80% $71,742,356,323 $1,968,485,216
878,731,786 ADA
32,025,787,327 ADA
4 Binance Coin
BNB
$414.10 -1.61% -3.04% $69,596,357,432 $1,349,873,566
3,261,144 BNB
168,137,036 BNB
5 Tether
USDT
$1.00 0.02% -0.02% $68,419,009,403 $68,954,943,754
68,940,391,310 USDT
68,404,570,064 USDT
6 XRP
XRP
$1.15 8.32% 10.54% $53,916,179,568 $5,143,796,328
4,465,438,159 XRP
46,805,773,456 XRP
7 Solana
SOL
$154.05 -2.55% -9.21% $46,090,920,243 $1,550,235,061
10,071,035 SOL
299,427,667 SOL
8 Polkadot
DOT
$37.00 11.33% 15.49% $36,512,366,017 $2,175,081,309
58,831,173 DOT
987,579,315 DOT
9 USD Coin
USDC
$1 0.00% 0.01% $32,965,673,644 $2,003,007,894
2,003,053,225 USDC
32,966,419,711 USDC
10 Dogecoin
DOGE
$0.24 0.14% 11.53% $32,079,636,737 $1,492,303,747
6,122,988,532 DOGE
131,624,173,874 DOGE