Top cryptocurrency prices today: Bitcoin, Terra and Polkadot zoom up to 9%

New Delhi: The cryptocurrency market was trading in a mixed fashion after limited trading amid the Christmas holidays and New Year’s holidays in the Western world.

With the exception of stablecoins, all other altcoins in the top 10 digital tokens were trading higher at 8:30 am IST. Polkadot zoomed 9% to overtake Avalanche to become the 10th largest cryptocurrency, while Terra jumped 5%.

The global crypto market cap jumped about 2% to $ 2.40 trillion from the last day. However, the total crypto market volume increased by more than 2% to reach $ 74.23 billion.

Expert advice
“The Indian crypto market had a turbulent week when the crypto bill was slated for the winter session of parliament,” said WazirX Trade Desk. “However, it was postponed yet again.”

There is speculation in space about the likelihood that a new bill will be introduced or that no bill will be introduced at all. More information from the Indian government will probably give us a better picture, he added.

The adoption of cryptocurrency in India has been significant. A report from Chainalysis in October 2021 indicated that India ranked second in global crypto adoption. As a new market emerges, so do the bad guys.

Global updates
Turkey’s Financial Crime Investigation Board (MASAK) fined local Binance cryptocurrency exchange unit 8 million lira ($ 751,314) for violations found during liability inspections , said Anadolu news agency.

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Non-fungible tokens (NFTs) as an asset class exploded onto the scene in 2021 and grabbed investors around the world with prospects, moving beyond the realms of mere tokenism by unleashing much more value for all stakeholders. involved.

In a bid to pay tribute to Parag Agarwal, the new CEO of Twitter, premium tea company Vahdam India announced Thursday that it has offered a personalized NFT to the CEO of Indian origin.

The NFT has been listed on the OpenSea market platform and features Agarwal sipping tea in his office as he soaks up the momentous day in his life which is now celebrated by Indians around the world.

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After nearly 3 weeks after the big drop on December 4th, BTC is showing signs of a recovery and is in fact ready for higher prices. It broke off the downtrend line on December 23 (shown in the chart) and so far BTC is defending the breakout.

At the same time, it is also trading above 100 candles on average over a 4 hour period which restores strength. Overall, as long as it stays above the $ 48,000 levels, the possibility of a further rise remains with the immediate target being $ 56,000.

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