Crypto tokens were back in the red during the early hours on Friday ahead of the US Jobs data. The macroeconomic fears are quite evident in the riskier asset class.Bitcoin, after breaching $20,000 levels, was back above the key psychological levels. Ethereum was also holding $1,350 levels, whereas altcoins dropped. Barring the US dollar-pegged Tether, Tron and Uniswap, all other crypto tokens were trading lower on Friday. BNB dropped 4 per cent, followed by a 3 per cent fall in Shiba Inu. Dogecoin, Solana and Bitcoin shed 2 per cent each. The global cryptocurrency market cap was trading lower at $958.92 billion, dropping more than a per cent in the last 24 hours. However, the total trading volume dropped more than 7 per cent to $55.56 billion.
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SAP has launched a new enterprise on the Metaverse with the aim of accelerating cloud adoption among Indian firms. The interactive and immersive ‘cloud on wheels’ platform will enable customers to experience the full range of SAP’s offerings and reimagine processes for improved business outcomes.
View Details »What's cooking in IndiaBengaluru-based crypto startup weTrade has launched a new feature named 'weSave' that provides users with an opportunity to save and avail fixed interest on their stable cryptocurrency investments. Users can earn up to 14 per cent interest per year that is credited daily, TDS free and has no lock-in period. Thus, users can withdraw their investment at their convenience. Also, cricket NFT platform Rario has partnered with Indian cricket player Deepak Hooda to introduce his non-fungible tokens (NFTs).Expert Take «Crypto markets have remained resilient this past week, with overall market capitalization hovering near the $1 trillion mark, while
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