Game of Life
Published in

Game of Life

December 13th Technical Analysis: Bitcoin, Ethereum & Shiba Inu

Bitcoin prices on Monday continued the declining trend, Shiba Inu rose over 2% to $0.000035 in last 24 hours

The total cryptocurrency market capitalization knocked off 0.9% in the last 24 hours to $2.36 trillion, while the trading volume is at $82 billion on Monday, according to CoinGecko.

Bitcoin prices on Monday continued the declining trend and were below the $49,000 level. The world’s largest and most popular cryptocurrency was trading 1% lower at $48,729.

Ether, the coin linked to ethereum blockchain and the second-largest cryptocurrency, declined over 1% to $3,985. Dogecoin prices plummeted nearly 2% to $0.16.

Other digital tokens such as Cardano, Solana, Binance Coin were also trading in red over the last 24 hours.

Indian Prime Minister Narendra Modi on Friday called for united efforts to shape global norms for emerging technologies like social media and cryptocurrencies so that they are used to “empower democracy and not to undermine” it.

The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 is listed for consideration and passing in the ongoing winter session of Parliament.

“A bill on Cryptocurrency and Regulation of Official Digital Currency for introduction in the Lok Sabha has been included in the Lok Sabha Bulletin-Part II as part of government business expected to be taken up,” finance minister Nirmala Sitharaman said in a written reply to the House on November 30.

The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 seeks “to create a facilitative framework for creation of the official digital currency to be issued by the Reserve Bank of India (RBI)”. The cryptocurrency bill also seeks to ban all private cryptocurrencies while allowing “for certain exceptions to promote the underlying technology of cryptocurrency and its uses.”

Don’t forget to give us your 👏 !

--

--

--

Discover how the Game of Life will be Played in the Metaverse

Recommended from Medium

Boelen’s Python-rare and gorgeous non-venomous python

Crypto Market Update — Tuesday 17/5

Market Update — Tuesday 17 May 2022

$AMPL is a Multifaceted Piece in a Game of 4D Chess — Learn How to Play

Weekly Crypto Digest July 7–13

iBG Finance

Pundi X is building the Walmart of cryptocurrency

DeFi Projects KingSwap and RioDeFi Partner to Boost Rewards

Swipe Bi-Weekly Update #7

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
John Carter

John Carter

More from Medium

Indicators that Bitcoin’s Price might still fall

My crypto journey

Can you make repeatable profit in a crypto bear market (without day trading)?

All about cryptocurrency trading