Bitcoin Stuck Up Around INR 23 Lakh Curbing the Progress of Other Altcoins! What’s Next?
Bitcoin of let is displaying a stagnant trade without much price variation, which may be due to numerous external factors. The traders still want to keep the misty clouds hovering around the markets as lower support levels are held, while resistance levels are also respected at the same time.
Presently, BTC & ETH prices have dropped by just 0.50% & 0.08% resp while the top 10 cryptos like ADA, XRP, SOL trade at -0.89%, +0.24% & 2.82% resp. However, Helium (HNT), Theta Network(THETA) & Vechain (VET) maintain a significant uptrend with 6.51%, 5.59% & 4.11% resp. While popular tokens like BNB, CAKE drops by 0.10%, 2.89% resp and Optimism (OP) surges by 6.35%.
CRYPTO PRICES TODAY
| Price Trend | Price for June 08, 2022 | Percentage change |
| The global cryptocurrency market cap | $1,238,781,652,736 | – |
| The total crypto market volume | $58,572,938,608 | – |
| Bitcoin Price | $30,130.67 | -0.58% |
| Ethereum Price | $1,790.60 | -0.37% |
*All prices are latest by 12:10 pm, 10 June 2022.
Check out the Latest Crypto Prices, Charts, and Data of your favorite coin.
CRYPTO PRICE PREDICTION FOR THE DAY
Fantom (FTM)
The Fantom (FTM) price is extremely bearish in all the time horizons. All the indicators are presently pointing towards a ‘sell’ signal. While no strong possibilities of a rebound or an upswing is not witnessed, some pointers signal a healthy flip after a brief consolidation.
Currently, a significant volume has accumulated which may result in a short-term bounce halting the descending trend. While the volatility of the asset is extremely low in all the time frames no extreme price action could be stabilized.
Additional Read: Fantom Price Prediction in detail
TOP 3 CRYPTO GAINERS
| Crypto | Price* | Percentage Change |
| Chainlink (LINK) | INR 753.32 | 7.88% |
| Tezos (XTZ) | INR 184.01 | 6.12% |
| Polygon (MATIC) | INR 53.27 | 5.49% |
*All prices are latest by 12:10 pm, 10 June 2022.
TOP 3 CRYPTO LOSERS
| Crypto | Price* | Percentage Change |
| COTI (COTI) | INR 10.70 | -7.95% |
| Alpaca Finance (ALPACA) | INR 26.61 | -4.02% |
| Stacks (STX) | INR 43.38 | -3.47% |
*All prices are latest by 12:10 pm, 10 June 2022.
Crypto Market Update
VeChain Inks $100 Million Marketing Deal With Sports Franchise UFC
It was announced on Thursday that the Layer-1 blockchain VeChain and sports powerhouse Ultimate Fighting Championship have signed a partnership centered around marketing and global promotions. Sunny Lu, co-founder, and CEO of VeChain opined that the deal is a strategic move to increase the chain’s brand visibility and extend its reach across the globe.
Source: EthereumWorldNews
Jamaica Becomes First Country to Make a CBDC Legal Tender
According to reports, the Jamaican senate has authorized the central bank to issue its CBDC, known as the Jamaica Digital Exchange, or Jam-Dex. According to Bank of Jamaica Governor Richard Byles, the Jam-Dex will officially launch for domestic use later this month.
Source: BeInCrypto
Top NFT News
Barbie-verse: Mattel inks multi-year deal with Cryptoys NFT marketplace
The metaverse space has a new player interested in its ecosystem. Mattel, a major toy brand has signed a multi-year partnership with forthcoming toy-focused non-fungible token (NFT) marketplace Cryptoys to exclusively feature its brands on the platform.
Mattel plans to use its intellectual property featuring brands such as Barbie and Hot Wheels to create playable avatars.
Source: CoinTelegraph
NEW COIN LISTING ON COINDCX
| New Coin | Market Capitalization | Circulating Supply |
| SKALE Network (SKL) | $251,834,351 | 3.53B SKL |
| Band Protocol (BAND) | $59,111,638 | 35,191,821.00 BAND |
| Livepeer (LPT) | $303,387,598 | 23,965,355.90 LPT |
| Moonbeam (GLMR) | $353,001,884 | 278,313,133.00 GLMR |
*All prices are latest by 12:50 pm, 10 June 2022.
