on Thursday coindesk Data from the US shows that the price of bitcoin is down 3% today to $33,275.4. On July 8 at 5 PM (IST) till the writing of this news bitcoin price in india 24.24 lakh was reduced by Rs. For the past few days, the prices of this most popular cryptocurrency have been seeing a decline again. It is difficult to say for sure how long this decline will continue.
At the same time, Ether, the second largest cryptocurrency after Bitcoin, also saw a decline. Ether, the coin tied to the Ethereum blockchain network, fell 3% to $2,262. On July 8 at 5 PM (IST) till the writing of this news ether price in india 1.60 lakh had come down to Rs. But Ethereum has reported good news in the past that it has surpassed Bitcoin in the number of daily active addresses. Ether sent the message from these figures that its popularity is now increasing in comparison to bitcoin.
On the other hand, when it comes to other cryptocurrencies, all have seen a decline. The meme-based cryptocurrency Dogecoin also slid to the bottom. It registered a decline of 5 per cent. On July 8 at 5 PM (IST) till the writing of this news dodgecoin price in india 15.88 had arrived. Simultaneously, other virtual tokens such as XRP, Litecoin, Cardano, Uniswap also fell by more than 2% in the last 24 hours.
EU documents showed on Wednesday that the EU will propose a new authority to crack down on new transparency requirements for money laundering and the transfer of crypto-assets, as reported by Reuters.
A separate proposal will introduce new EU requirements for service providers in crypto-assets and will also play a key role in collecting and making accessible data relating to beneficiaries and beneficiaries of transfers in those assets.