Bitcoin holding ground just below its highest this year, touched a day earlier. Overall the crypto behemoth has added 27 per cent since Russia's invasion of Ukraine. The crypto cart showed some mixed signs as XRP, Dogecoin, Avalanche and Shiba Inu dropped up to 2 per cent. On the other hand, Terra rallied 4 per cent. Solana, Ethereum and stablecoins also gained. The global cryptocurrency market cap remained almost flat at the $2.13 trillion mark, dropping marginally in the last 24 hours. Total cryptocurrency trading volume tumbled as much as 5 per cent to $116.45 billion.
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View Details »Expert TakeBitcoin has been surging for the past eight days and gathering momentum as it broke through a major resistance wall. Although profit booking is due for Bitcoin, the onchain analytics has indicated that the crypto has just started its move towards the upside, said WazirX Trade Desk. «The most interesting insight is that when a significant supply of Bitcoin ages beyond a year, the market starts making its move towards the upside,» it added.Global updatesThe latest crypto hack may be the largest yet. The gaming-focused Ronin Network announced Tuesday a loss of over $625 million in USDC and Ethereum. Investment firm WisdomTree launched another tranche of crypto exchange-traded products (ETP) in the European market. Lionel Messi has signed an agreement worth more than $20 million to promote digital fan token company Socios.com, a source close to the deal told Reuters. Messi becomes the latest global sports personality to enter the crypto world. MacroStrategy, a subsidiary of MicroStrategy (MSTR),
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