After Dogecoin and Bitcoin comes the turn of Ethereum. This blockchain also didn’t see huge growth. At the time of writing the news, the price of Ethereum was at 2.05 lakhs. Polygon (Matic) was performing very well for the last few days, but it also appeared to be falling today and was trading at Rs 138 till the time of writing the news. Overall today was the name of Dogecoin. Mim Coin performed very well.
The market is also likely to see a positive impact in the coming days, as well-known cryptocurrency exchange Coinbase has partnered with Apple and Google’s parent company Alphabet Inc. can trade. Coinbase says that through this card, people will also be able to buy everyday items with digital currency. Even cryptocurrencies in this will automatically convert to US Dollars.
At the same time, large and major banks in India are still forbidding cryptocurrency exchanges and traders to open accounts. However, the Reserve Bank of India (RBI) has cleared the rumours, making it clear that the payment service cannot be outlawed on the basis of earlier regulatory restrictions. Many banks are asking customers to avoid using a bank account to buy crypto.
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