Top cryptocurrency prices today: Bitcoin, Dogecoin, SHIB & Terra tank up to 10%

economictimes.indiatimes.com:

cryptocurrency market was back in the red on Monday, thanks to profit-booking following weekend gains. Trading volumes sank significantly on account of the holiday week in Asian markets. Bitcoin, along with other tokens, moved little over the weekend with light trading volume, as the majority of the markets in Asia headed to the weeklong Lunar New Year holiday. All of the top-10 digital tokens were trading lower during the trade on Monday. Terra dropped more than 10 per cent while XRP and Solana shed 5 per cent each.

Did you Know?

Sunny Leone took the lead among Indian actors to secure her digital assets when she broke the news about her association with NFT, two months back. This made her the first Indian actress to mint NFTs

The global crypto market cap dropped about 3 per cent to $1.67 trillion. Meanwhile, the total crypto market volume tanked more than 4 per cent to $56.22 billion.What's Cooking in India?Legal experts are divided over regulating crypto assets. While one section is advising the government not to take a hasty decision without understanding the use cases, the other is against continuing the status quo despite the difficulty in defining crypto. ICICI Bank’s group general counsel Pramod Rao has said, “The government’s pause on introducing the crypto bill is a good thing for us to wait and watch, and decide whether we need a separate regulator, which can transcend into all use cases.”Expert TakeSome interesting updates are coming in from the metaverse space. One of the biggest music companies in the world, Warner Music Group (WMG) has decided to enter the space via 'the sandbox' project, said WazirX Trade Desk. «There are plans about creating a music-based world — another example