crypto tokens were back in the green during the early hours of Asian trade on Monday. However, the gains were limited considering inflation fears across the globe.Bitcoin slipped below the$20,000 mark, whereas Ethereum was slightly above $1,300. Investors across the globe will be keenly looking at the inflation data and the US Fed minutes of themeeting scheduled this week. All the crypto tokens were trading higher on Monday, but the gains were capped. XRP jumped as much as 4 per cent, whereas Polkadot and Polygon gained 3 per cent each. Solana was up 2 per cent. The global cryptocurrency market cap was trading marginally higher at $944.94 billion, rising about a per cent in the last 24 hours. However, the total trading volume gained as much as 2 per cent to $33.20 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 IndiaThe Reserve Bank of India (RBI) on Friday released its concept note for central bank digital currency (CBDC), which was announced by Finance Minister Nirmal Sitharaman in Parliament during her budget speech in February. The RBI clarified that the concept note aims to create awareness about CBDC and features of the digital rupee (e₹). It explains the objectives, choices, benefits, risks of CBDCs in India.Expert takeShivam Thakral, CEO, BuyUcoin said that the overall crypto market cap is hovering around $945 billion, a marginal jump of less than a per cent in the last 24 hours. Bitcoin was sitting at the $20,000
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