Top cryptocurrency prices today: Bitcoin, Ethereum, Dogecoin, Avalanche zoom up to 11%
New Delhi: The crypto market continued to move higher as signs of ease in the conflict between Russia and Ukraine boosted the confidence of investors. Barring the dollar-pegged USD Coin, all other top digital tokens were trading with higher in early trade on Wednesday. Avalanche rose 11 per cent each, followed by a 4 per cent rise in Ethereum and BNB each.
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A statue honouring mysterious Bitcoin founder Satoshi Nakamoto was unveiled in a business park near the Danube River in the Hungarian capital Budapest
View Details »The global crypto market cap dropped as much as 6 per cent to the $1.84 trillion mark. Meanwhile, the total crypto market volume rose nearly 14 per cent to $81.86 billion.What's Cooking in IndiaTough talk by senior Reserve Bank of India (RBI) officials on cryptocurrencies is making the Indian crypto community nervous. RBI deputy governor T Rabi Sankar called for an outright ban on cryptocurrencies. Previously, RBI governor Shaktikanta Das had said in a monetary policy press conference that private cryptocurrencies were a threat to the macroeconomic and financial stability of the country, and investors should keep risks in mind.Expert TakeAs tensions ease over the Russia and Ukraine conflict, the crypto market traded stronger, indicating traders’ renewed risk appetite, said CoinDCX Research Team. Early into 2022, the global crypto industry has already faced multiple regulatory hurdles and pushbacks from traditionalists but has stood its ground. After years of arguing against the use of cryptocurrency, over many concerns like money laundering scams and other illegal activities, Russia has finally taken a stance on the regulation of digital assets, said WazirX Trade Desk. «Russia
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