On the back of a positive business outlook, Gokdaldas Exports’ stock hit an all-time high of Rs 505.65 on the BSE in intra-day trade on Wednesday. The company’s stock, which is in the textiles and apparel business, has surpassed its previous high of Rs 488, which it reached on May 5, 2022. It has outpaced the market by 30 percent in the last month, compared to a 4 percent fall in the S&P BSE Sensex.…
Cryptocurrency prices continued to be a mix of red and green on July 8. The global cryptocurrency market cap is $1.42 trillion, a 1.83 percent decrease over the last day, while the total crypto market volume over the last 24 hours is $76.92 billion, which makes a 0.71 increase.
The volume of all stable coins is now $58.82 billion – 76.47 percent of the total crypto market 24-hour volume. Bitcoin’s price is currently $34,611.70 and its dominance is currently 44.05 percent, a decrease of 0.28 percent over the day.
This comes after more than $1 billion worth of cryptocurrency was spent by consumers globally on goods and services via crypto-linked cards in the first six months of 2021, says payments company Visa.
According to the firm’s estimates, only a fraction of this amount was done in the same periods last year and in 2019. Visa did not release any figures.
“We are doing a lot to create an ecosystem that makes cryptocurrency more usable and more like any other currency,” Visa CFO Vasant Prabhu’s told CNBC on July 7.