Bitcoin Falls More Than 4%, Nearing $60,000 In A Day
Bitcoin, the world's biggest and best-known cryptocurrency, reportedly fell to more than 4 percent on November 16. According to reports, the cryptocurrency was seen at an all-time high for a week nearing $69,000. Ether, the second-largest cryptocurrency was also reported to be down by 4.5 percent at $4,355.4. Analysts have said that the downfall is caused by profit-taking after the sharp run-up.
Tags: Bitcoin, Ether, Cryptocurrencies, net profit, cryptocurrency polygon
Courtesy: Reuters
3 Co-Founders Of 'Polygon' Become India's First Crypto-Billionaires
Bangalore-based blockchain scalability platform Polygon has made its founders Jaynti Kanani, Sandeep Nailwal and Anurag Arjun as India’s first crypto billionaires. The development came after the the network, previously known as Matic, with an initial value of $26 million in 2019 grew to $14 billion in two years. Notably, dependent on world’s second largest cryptocurrency ‘Ethereum’, Polygon allows users to build applications on Polygon at… read-more
Tags: Cryptocurrency, cryptocurrency polygon, Polygon, Billionaire, Indian Billionaires
Courtesy: Mint