Cryptocurrency News: Major developments on Bitcoin, new cryptos and NFTs

Cryptocurrencies stayed in the green on October 26. The cryptocurrency market cap rose 2.07 percent to Rs 196.53 lakh crore, while the market volume fell 1.8 percent over the last 24 hours to Rs 7,23,471 lakh crore.

Bitcoin traded at Rs 48,54,999 in the early hours of Tuesday with its market dominance sliding 0.21 percent from October 25 to 45.14 percent. Read full here.

Cryptocurrency is a virtual mode of transaction used to buy goods and services and works as a medium of exchange. There are over 6,000 cryptocurrencies as of 2021 and new coins keep appearing as it gains worldwide acceptance. CoinMarketCap has listed out the recent addition of cryptocurrencies in the market. Take a look here.

CoinDCX announced that it has appointed actor Ayushmann Khurrana as its new face. The announcement comes days after actor Amitabh Bachchan said that he’s pausing the endorsement deal with CoinDCX until there is clarity on the legality of cryptocurrency in India.

CoinDCX is looking to convert the fence sitters as well and Khurrana will feature in the ‘Future Yahi Hai’ (This is the future) campaign to address key concerns surrounding crypto investments. Read details here.

Former Indian captain-turned-commentator Sunil Gavaskar announced a non-fungible tokens (NFTs) drop of the 'Sunil Gavaskar Collection' on his Instagram account. The theme ‘Always first’ is a nod to Gavaskar’s pioneering feats in world cricket. Read more here.