All major crypto tokens were trading sharply lower in the early hours of the trade. Dogecoin and Terra tumbled 8 per cent each while Bitcoin and Ethereum dropped 5 per cent each. XRP shed 7 per cent. The global cryptocurrency market cap was trading lower at $1.77 trillion, with a sharp fall of about 5 per cent in the last 24 hours. Meanwhile, the total cryptocurrency trading volume dropped about 2 per cent to $95.82 billion.
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View Details »What's cooking in IndiaCrypto trading platform Bitbns has listed the popular metaverse token 'TRACE' on its platform. It has become India's first crypto exchange to list this token. Decentralized finance blockchain Newrl has launched tokenized-based equity solutions for unlisted companies. This will be India’s first Web3 innovation for ESOP solutions for startups.Expert takeTwitter has been integrating cryptocurrency into its platform for a while and with Elon Musk, a Dogecoin admirer, acquiring the company, people are anticipating the integration on Twitter would accelerate, said WazirX Trade Desk. «The Central African Republic has become the first African country and the second in the world to declare Bitcoin legal tender,» it added. «The crypto law intends to provide a favourable environment for the region's inclusive expansion of the crypto sector.»Global updates
Australia is going to have its own bitcoin exchange-traded funds (ETF) in the near future, despite some delays because of problems with the plumbing that delayed Wednesday’s (April 27) scheduled launch. Volatile trading on futures tracking the dogecoin (DOGE) and ApeCoin (APE) tokens resulted in millions of dollars in losses to liquidations, data from tracking tools Read more on economictimes.indiatimes.com