The global cryptocurrency market cap is $1.57 trillion, a 2.39 percent fall over the last day, while the total crypto market volume over the last 24 hours was $78.55 billion, a 11.89 percent decline.
However, this barely compensated for the steep fall in price triggered by last month’s announcement from electric carmaker Tesla that it will no longer accept the cryptocurrency as payments, due to environmental concerns.
The auction winner, whose Twitter handle is @pleasrdao, placed a bid for 1,696.9 of the cryptocurrency Ethereum – making it the most expensive meme NFT ever sold.
Known as the ‘cryptoking’ – Makarand P Adivirkar, was arrested for allegedly providing Bitcoins for the purchase of LSD, a psychotropic substance, to a peddler in November 2020.
While The Bahamas became the first country to issue a central bank digital currency , El Salvador became the first to permit Bitcoin as legal tender.