New Delhi: Cryptocurrencies are trading in the red on November 11. The global cryptocurrency market capitalisation is Rs 207.61 lakh crores which mark a 3.79% decrease over the last 24 hours. The total cryptocurrency market volume is Rs 1,304,913 crores, which marks a 27.74% increase over the last day.<\/p>\n
Currently, Bitcoin is trading at Rs 52,18,371, with a dominance of 43.55%, which results in a decrease of 0.02% over the last day.<\/p>\n
Followed by Iotx, Loopring, and Bitcoin, meme coin Shiba Inu occupied the fourth position on the WazirX exchange in terms of volume.<\/p>\n
SHIB is a self-proclaimed \u201cdogecoin killer\u201d that was founded in August 2020 by a person who uses the name of Ryoshi. The coin is modelled after Dogecoin. Currently, it is trading at Rs 0.003988, which results in 7.57% lower since November 10.<\/p>\n
Tim Cook, Apple\u2019s CEO has stated that he has personally bought cryptocurrencies as a part of his portfolio; however, there is no intention of Apple joining the cryptocurrency hub.<\/p>\n
\u201cI think it\u2019s reasonable to own it as part of a diversified portfolio,\u201d stated Cook at the New York Times DealBook Online Summit. He reminded his audiences that he was not giving any investment advice.<\/p>\n
Cook has shown interest in cryptocurrencies a lot in recent times and has been researching it as well. Besides, he clarified that Apple has no intention of holding crypto neither now nor even in the future.<\/p>\n
\u201cThere are other things that we are definitely looking at,\u201d he added.<\/p>\n
MicroStrategy also invested $425 million dollars into Bitcoin, in August 2020. Currently, it holds 114,042 BTC, according to Buy Bitcoin Worldwide.<\/p>\n
Companies like Tesla and Square Inc have declared their cryptocurrency holdings.<\/p>\n
Earlier, Tesla\u2019s CEO Elon Musk stated that the company will \u201cmost likely\u201d resume accepting Bitcoins as a means of payment for the electric car. This will come after the company conducts due diligence on the amount of renewable energy used to mine the currency.<\/p>\n","protected":false},"excerpt":{"rendered":"
New Delhi: Cryptocurrencies are trading in the red on November 11. The global cryptocurrency market capitalisation is Rs 207.61 lakh crores which mark a 3.79% decrease over the last 24 hours. The total cryptocurrency market volume is Rs 1,304,913 crores, which marks a 27.74% increase over the last day. Currently, Bitcoin is trading at Rs […]<\/p>\n","protected":false},"author":1,"featured_media":8122,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"post-8121","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"_links":{"self":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts\/8121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8121"}],"version-history":[{"count":1,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts\/8121\/revisions"}],"predecessor-version":[{"id":8123,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts\/8121\/revisions\/8123"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/media\/8122"}],"wp:attachment":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}