cryptocurrency market following Russia's invasion of Ukraine halted on Friday as top crypto tokens showed strength amid low-level buying. Barring the US dollar-pegged Tether and Dogecoin, all of the top digital tokens were trading higher. Terra zoomed 17 per cent, followed by an 8 per cent rise in Bitcoin and Solana each. Avalanche rallied 7 per cent. The global cryptocurrency market cap today is $1.81 trillion, a rise of 3 per cent in the last 24 hours. Total cryptocurrency trading volume on the last day was at $155 billion. Popular trends of the industry right now are Defi and Play to Earn.
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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 »CoinDCX Research Team said that after Russia’s invasion of Ukraine yesterday, risky assets from equities to cryptos tumbled. Following the biggest single-day fall in months, the majority of assets have since bounced back strongly. Considering the other macroeconomic risk factors, including skyrocketing inflation and looming quantitative tightening, heightened volatility has been and will likely continue to be the ‘new normal’ for the remainder of 2022, it added.What's cooking in IndiaCrypto-sphere was busy with new advertising guidelines, ongoing discussions between government and industry about taxation, news on why India’s crypto regulation may have been delayed and a day-long conference about NFTs. India’s advertising guidelines were highly anticipated because the government had sought to stop misleading ads on cryptocurrencies. Public interest in the phenomenon has been rising steadily in India as it has elsewhere.Expert TakeCrypto assets
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