Dear Readers,

The Global Crypto Market Cap stands at $ 828.18 Billion as of today. It is an increase of 1.05% from yesterdays market cap. 

The market Leader Bitcoin trades at $ 16413 which is an increase of 1.26% in the last 24 hours. The Etherium trades at $1192.9 which is an increase of 1.56 % in the last 24 hours. With the technical charts, the BTC appeared to be in the mid term consolidation range from $ 15K- $17K. 

It is also a shock news to learn that the interview of the veteran fund manager Mark Mobius, who is also the co-founder of Mobius Capital Partners LLP. He said in an interview in Singapore that his next target for Bitcoin is $10,000. He added he wouldn’t invest his own cash or client money in digital assets as “it’s too dangerous.” 

To the surprise, the meme token DOGE Coin trades at 0.103 $ which is an increase of 1.42% in the 1 hour. DOGE coin trades a higher of 8.13% in 24 hours and 35.63% higher in the last 7 days.  This may be some turn around of "DodgeDaddy" Elon Musk's possession of Twitter and the proposed twitter payment. This could be and may be of the speculation that the news of Tesla Phone if the microblogging platform Twitter gets delisted from the major app stores. 

The following are the major headlines as of today: 

The another shock hits the market with the news that the Crypto Lender BlockFi declares Bankruptcy following the recent collapse of FTX.  

The Japanese social media firm Line will shutter its American Crypto Exchange. It added that the decision was unrelated to FTX's collapse.

It is also in the news that the Ministry of Finance in Israel proposes new guidelines for regulating the digital assets in Israel. 

It is also reported in India that the premier Medical Institution- All India Institute of Medical Science (AIIMS)'s server has been hacked and the hackers demanded 200 Crores through Crypto Currencies.