Bitcoin trading at $45,184

Cryptocurrency prices continue to be in a mix of green and red on September 13. The global cryptocurrency market cap is $2.08 trillion, a 1.40 percent increase over the last day, while the total crypto market volume over the last 24 hours is $108.76 billion, which makes a 1.84 percent decrease. The volume of all stable coins is now $83.99 billion – 77.22 percent of the total crypto market 24-hour volume. Bitcoin’s price is currently $45,184.47 and its dominance is currently 40.94 percent, a decrease of 0.31 percent over the day.

Crypto exchanges hopeful of a middle ground on regulation even as RBI Guv raises red flagEven as stakeholders in cryptocurrencies await a long-pending law to regulate crypto in India, Governor Shakti kanta Das again raised concerns. He said, “We have serious, major concerns on cryptocurrency with respect to financial stability, have conveyed the same to government of India.” It has conveyed its concerns on crypto to the government and it is up to them to take a call on the matter, Das said, adding that there needs to be more clarity on the contribution of cryptocurrency to the economy.

Cryptocurrency can disrupt online broking, says Nithin KamathEntrepreneur and CEO of Zerodha, Nithin Kamath believes that the nascent, currently evolving cryptocurrency scene in India has the potential to disrupt new-age online brokers and even traditional exchanges. Per him, broking and exchange businesses are reaching a transformation saturation in terms of products and pricing, besides being heavily reliant on a small group of around 1 million active traders for revenue.

NFT mania is sign of a land grab for the online ‘metaverse’ (MC PRO). It has been another big week for NFTs, the digital collectibles that have captured the imagination of crypto enthusiasts and are now rapidly going mainstream. And new NFT marketplaces are popping up, from established crypto companies to those who dominate online shopping in Japan and China.