Crypto Price Today Live: Bitcoin tops $22,000; Solana, Polygon gain up to 8%

economictimes.indiatimes.com:

Bitcoin topped the $22,000 mark, whereas Ethereum keenly awaited its software upgrade. Investors continue to eye Thursday's expected Merge, the technological overhaul of the Ethereum blockchain, that will shift its protocol from proof-of-work to more energy-efficient proof-of-stake. Solana zoomed 8 per cent, whereas Polygon jumped 5 per cent. Among losers, Ethereum and Cardano dropped about 2 per cent each. The global cryptocurrency market cap was trading marginally higher at $1.06 trillion, rising about half a per cent in the last 24 hours. However, total trading volume increased by about 24 per cent close to $90.43 billion.

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From tracking sustainability of products to monitoring pollution, environmental researchers are now finding blockchain’s use in solving the climate crisis.

What's cooking in IndiaIn a major relief to crypto exchange WazirX, Enforcement Directorate (ED) unfroze its bank accounts, which were earlier blocked to investigate money laundering acts. That said, the agency would continue to probe the matter. In a media release on Monday, the crypto exchange said that its bank accounts have been unfrozen after a month. WazirX can now continue its banking operations as usual.Expert takeBitcoin rose above the $22,000 level as buying strength increased late Monday afternoon. If BTC manages to hold above the current level, the next immediate resistance for BTC could be at $24,000, said Edul Patel, CEO & co-founder, Mudrex. «The outlook for BTC has turned positive as it outpaced Ethereum. In contrast, Ethereum has been changing hands at the $1,690 level. It suffered a 2% dip as the uncertainty increased ahead of the Merge,» he added.Global Updates