Cryptocurrency news: Dogecoin up by 8.7%, Solana increases by 3.7%
Top cryptocurrency prices today: Bitcoin, the world's oldest and largest cryptocurrency inclined by 1.49% to $61,927.00
Six of the top ten cryptocurrencies were trading in green on October 25, with Dogecoin showing the highest gain of 8.77% to $0.27. Solana increased by 3.04% to $201.57. Bitcoin, the world’s oldest and largest cryptocurrency inclined by 1.49% to $61,927.00. Ethereum, the second-largest token, rose by 0.58% to $4,138.37. Cardano, on the other hand fell by 0.96% to $2.13. Others like Polkadot and XRP fell marginally by 0.67% and 0.11%. In terms of ranking, all the cryptocurrencies remained in the same position.
Cryptocurrency prices
Sindh high court in Pakistan wants government to draw cryptocurrency regulation
The Sindh high court in Pakistan wanted the government to draw a cryptocurrency regulatory framework within the next three months.
It has also advised the government to seek suggestions from all stakeholders including IT ministers Securities and Exchange Commission of Pakistan (SECP) and State Bank of Pakistan (SBP).
The decision to have a regulatory framework for cryptocurrencies comes on the back of booming crypto trading in Pakistan, which was ranked 3rd according to chainalysis global crypto adoptio index.
Shiba Inu rose by 50% to become the 11th largest cryptocurrency by market value
Shiba Inu increased by 50% on Sunday, according to CoinGeko.com making it the 11th largest cryptocurrency in the world. A petition on Change.org imploring Robinhood to list SHIB on its platform has garnered almost 3,00,000 signatures.
The token has increased by more than 40 million percent in the past one year.
Avail cryptocurrency with just an eyeball scan
Backed by Anderseen Horowitz and co-founded by the former head of Y Combinator Sam Altman, Worldcoin, is looking to put cryptocurrency in the hands of people, just by scanning their eyeballs. It has so far signed up more than 1,30,000 users and in the last four weeks alone, they have signed up about 60,000 users.
The reason for the eyeball scan is that the startup is using iris recognition to make sure that people who receive the crypto handouts aren’t getting multiple allocations.