Cryptocurrency Prices: Markets ring in new year with a bang as Bitcoin and Solana plummet

Over the past 24 hours, the global crypto market capitalization decreased 0.23 percent to $ 2.22 trillion, while total trading volume increased 3.57 percent to $ 90.85 billion.

Stablecoins accounted for 65.24 percent of trading volume, or $ 71.81 billion, while DeFi accounted for 23.34 percent at $ 21.21 billion. Bitcoin's market share fell 0.17 percent to 40.18 percent this morning. At the time of writing, it is worth $ 47,034.88.

Bitcoin fell 0.61 percent to Rs 37.59,371, while Ethereum rose 1.84 percent to Rs 2.96,891 in major cryptocurrency trades. Avalanche jumped 4.75 percent to Rs 8,700, while Cardano was down 1.23 percent to Rs 105.18. Over the past 24 hours, Polkadot is up 0.96 percent to Rs 2,180.83, while Litecoin is down 0.08 percent to Rs 11,788.96. Tether gained 0.16 percent to 79.85 rupees.

Memecoin SHIB was up 1.03 percent to Rs 13.66, while Dogecoin fell 0.52 percent. LUNA was up 2.55 percent at Rs 7,076.01 a share.

Eminem, the legendary rapper, has arrived at the Bored Ape Yacht Club (BAYC). On Thursday night, he paid 123.45 ETH ($ 452,000) to buy one of the Ethereum-based apes and has since made the ape his Twitter profile picture. Meanwhile, using the Shady Holdings moniker, he appears to have racked up at least 15 NFTs on OpenSea.

To keep the user on trend, AMBCrypto founder Himanshu said that they are launching a crypto specific newsletter 'Unhashed for their audience.

According to its securities authority, Binance, the world's largest cryptocurrency exchange by trading volume, cannot operate in Ontario. The Ontario Securities Commission (OSC) issued a statement informing investors that Binance is not registered under Ontario securities law.

Despite widespread outcry from millions of BTS fans, the South Korean boy band's management agency is moving forward with plans to produce non-fungible tokens (NFTs). BTS fans flocked to Twitter to protest the environmental impact of NFTs after entertainment company Hybe announced plans to develop a line of NFTs based on the group earlier this year.

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