Skip to main content

Cryptocurrencies changed the currency trend


Today, cryptocurrencies have become global phenomenon known by most people. Two years back, very few people were known about cryptocurrencies and digital money. 

In one sentence cryptocurrency is peer-to-peer electronic cash system to realize digital cash. After traditional barter system, modern currency came into existence like paper currency and coins, credit cards and digital wallets. All of these have controlled by banks and governments. Cryptocurrency comes into the picture after facing some problems like technical issues in bank network, hacking of the users account and transfer limits of the accounts exceeded.





As of 2018, there are more than 1600 cryptocurrencies available in the market. There are more than 4,000 cryptocurrencies in existence as of January 2021. While many of these cryptos have little to no following or trading volume, some enjoy immense popularity among dedicated communities of backers and investors. Dogecoin, which in 2013 was created as a joke or a meme in comparison to the world’s oldest cryptocurrency, Bitcoin, surged over 800% last week of January. Dogecoin or DOGE was back in the limelight on Thursday with the cryptocurrency surging over 58% after tweets from Tesla chief Elon Musk. The world’s richest person came out in support of the digital currency in his twitter, “Dogecoin is the people’s crypto".


The following are most important cryptocurrencies and their values in different currencies.


Name

US Dollar

Indian Rupee

Euro

Bitcoin

47,862.10

35,17,208.75

39,646.87

Ethereum

1,503.83

1,10,881.07

1,248.01

Litecoin

177.30

13,048.64

146.19

Cardano (ADA)

1.35

99.6

1.12

Polkadot (DOT)

33.66

2,477.51

26.14

Bitcoin (BCH)

495.58

36,496.55

410.78

Stellar (XLM)

0.41

30.19

0.34

Chainlink

25.43

1,873.76

22.53

Binance Coin (BNB)

233.17

17,151.53

210.99

Dogecoin

0.05

3.73

0.04

 

Labels:

Comments

Post a Comment

Popular posts from this blog

Photo : Savitri during her last days

Even after 4 decades of her death, people are very much interested to watched her (Savitri) biopic. Mahanati turned to be stupendous success. On eve of remembering Savitri, here we posted Savitri photo. The photo seems her last days. The man stand behind Savitri is Gemini Ganeshan who married Savitri. It seems that she suffered bad days during her last days.
Post a Comment
Read more

PK Fans - Political and Private life

Pawan Kalyan fans attack Director Ram Gopal Varma's office for making parody film "Power Star" on their hero. RGV made a complaint and withdraw later for unknown reasons. 
Post a Comment
Read more

Who killed cricket in Pakistan?

Pakistan won the 1992 WC under the leadership of one of the greatest all-rounders in the world Imran Khan. Now, he is leading the country as Prime Minister of Pakistan. Every cricket lover in the country wants to see the glory in the gentleman game after Imran became PM for Pakistan. But his leadership can’t give any assurance to other nations to play the game in Pakistan. New Zealand abandoned the historic Pakistan tour just a few minutes after the first ball was to be bowled in the first ODI in Rawalpindi. Both teams have considered this series as preparation for the ICC T20 World Cup. Kiwis cites ‘Security threat’ to its players in Pakistan. There is a question that arises why NZ came and cancelled the visit. This is a massive blow to Pakistan cricket who wants to revive the game in the country. Prime Minister Imran Khan had spoken to New Zealand Prime Minister Jacinda Ardern and informed her about the security arrangements. Pakistan Cricket Board (PCB) fumes over Black Caps decisio...
Post a Comment
Read more