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Bitcoin, Ethereum Trade in Reds as Crypto Market Remains Impacted by War-Triggered Volatility

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Bitcoin, Ethereum Trade in Reds as Crypto Market Remains Impacted by War-Triggered Volatility

The cryptocurrency market has been volatile this month, especially in the past week when Russia began to invade Ukraine, drawing harsh criticism from most countries. Bitcoin opened 1.67% lower on Indian exchange CoinSwitch Kuber to trade at $40,458 (about Rs 3.05 lakh). On Monday, February 28, Bitcoin’s value hovered near the $40,000 (roughly Rs. 3 million) mark, which was first touched in 2022 earlier this month.

BTC also saw small losses on international exchanges. For example, on CoinMarketCap and Binance, bitcoin prices fell about 1.25% to open at about $37,770 (~2.85 million).

Ethereum’s market trajectory replicates that of Bitcoin. According to data from the Gadgets 360 crypto price tracker, ETH fell 3.9 percent to trade at $2,753 (roughly Rs 2 lakh).

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On international exchanges such as Coinbase, ether’s losses were smaller, around 2.5%. The second-largest cryptocurrency is trading at $2,614 (~$198,000), slightly different from its rate in India.

Binance Coin, Ripple, Polkadot, Terra and Avalanche were other altcoins that opened the last day of February in the red.

Dogecoin and Shiba Inu also failed to generate profits.

However, some altcoins have managed to generate gains, but only marginally.

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Stablecoins like Tether, Binance USD, and USD Coin, along with Uniswap, Cardano, and Solana, have helped keep the green on crypto price charts.

Stablecoins are those cryptoassets that are backed by the value of an underlying “stable” reserve asset such as gold or the U.S. dollar.

Ukraine has been attacked by Russia for four days.

Safe-haven assets such as gold and fiat currencies are attracting more and more investors as intense geopolitical tensions continue to roil risk stock and cryptocurrency markets.

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To raise emergency funds, Ukraine started accepting cryptocurrency donations from around the world. Over the weekend, the official Ukrainian Twitter account released crypto wallet addresses for BTC and ETH donations.

According to blockchain analytics firm Elliptic, Ukraine has raised $8 million (approximately Rs 600 crore) from cryptocurrency donations.

In these trying times, cryptocurrencies, which are inherently unregulated and decentralized, can be a game-changer for the economy. Finally, digital assets enable instant cross-border remittances with no amount limit.

The Ukrainian government has called for a major crypto crackdown on Russia as its residents seek safety and food in the blast.

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Deputy Prime Minister of Ukraine Mykhailo Fedorov has called on all major cryptocurrency exchanges to temporarily ban Russian users.

Complete news Source : Gadgets360

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$92.8 million

Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

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Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

Akshay Kumar and Priyadarshan, the acclaimed Indian director, celebrated their 68th birthday on Instagram. Kumar, who has worked with Priyadarshan on several cult comedies of the early 2000s, wished him a happy birthday and called him a mentor. The duo is now back together for their upcoming horror-comedy, Bhooth Bangla.

The first poster of the movie has been released, and it is expected to hit theaters in 2025. Akshay Kumar wore a black fedora and a green jacket, layered over a black tee, and fans have expressed their excitement for their new movie.

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The duo’s dynamic and deep bonding have been praised by fans, who have expressed high anticipation for their new movie. The first poster of Bhooth Bangla has already been released, and the movie is expected to hit theaters in 2025.

Akshay Kumar, the versatile Bollywood actor, recently celebrated director Priyadarshan’s birthday by sharing a behind-the-scenes (BTS) photograph from their upcoming film, “Bhooth Bangla.” In the image, Akshay humorously captioned, “Surrounded by ghosts…” The photo features Akshay alongside Priyadarshan and co-actor Paresh Rawal, all dressed in traditional attire, with a black cat perched on Akshay’s shoulder, adding a whimsical touch to the scene.

Reunion After 14 Years

This collaboration marks a significant reunion between Akshay Kumar and Priyadarshan, who last worked together on the film “Bhool Bhulaiyaa” in 2007. Their partnership has been celebrated in the past for delivering successful comedies like “Hera Pheri” and “Garam Masala.” Fans have eagerly anticipated their return to the big screen together, and “Bhooth Bangla” promises to be a delightful addition to their repertoire.

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About ‘Bhooth Bangla’

“Bhooth Bangla” is a horror-comedy that blends elements of suspense with humor, a genre in which both Akshay Kumar and Priyadarshan have excelled. The film is produced by Balaji Telefilms Ltd in association with Cape of Good Films. The motion poster released earlier this year features Akshay Kumar in a suit, with a cat on his shoulder, licking milk slyly, setting the tone for the film’s intriguing and humorous premise.

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Anticipation and Fan Reactions

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The BTS photo shared by Akshay Kumar has generated excitement among fans, who are eager to see the trio back together on screen. The playful caption and the presence of the black cat suggest that “Bhooth Bangla” will offer a mix of thrills and laughs, staying true to the successful formula of their previous collaborations.

As the release date for “Bhooth Bangla be a significant highlight in the upcoming entertainment lineup. The reunion of Akshay Kumar, Priyadarshan, and Paresh Rawal, combined with the intriguing premise and the playful BTS moments, has set high expectations among audiences. Fans can look forward to a cinematic experience that promises both chills and chuckles.

For a visual glimpse into the making of “Bhooth Bangla,” you can watch the following video Akshay Kumar expressed his gratitude as they once again united for their upcoming movie Bhooth Bangla. This marks a new chapter in their long-standing collaboration since the 2000s. He shared a picture from behind the scenes of their new movie, where it seems like they are laughing about something.

Akshay wrote,”Happy Birthday, Priyan Sir! What better way to celebrate than by spending the day on a haunted set, surrounded by ghosts…both real and unpaid extras? Thank you for being a mentor, and the only person who can make chaos look like a masterpiece. May your day be filled with fewer retakes. Wishing you a fantastic year ahead!”

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