Connect with us

Business

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

Published

on

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).

Advertisement

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.

Advertisement

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.

Advertisement

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.

Advertisement

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

Complete news Source : Gadgets360

Advertisement

Ranbir Kapoor

Ranbir Kapoor and Alia Bhatt inspect their new dream home in Mumbai days after anniversary

Published

on

By

Ranbir Kapoor and Alia Bhatt inspect their new dream home in Mumbai days after anniversary

Ranbir Kapoor and Alia Bhatt recently inspected their future home in Mumbai, marking their third wedding anniversary. The couple’s new home is still in progress, with Ranbir wearing a black t-shirt, matching shorts, sneakers, and a cap. Alia Bhatt was seen waiting for her husband at the location, while Ranbir looked at the progress of their new home’s construction.

A video of their outing emerged on social media, with Pinkvilla posting the clip for the first time. The bungalow, named Krishna Raj after Ranbir’s grandmother, holds emotional significance to the Kapoor family. It used to belong to Ranbir’s grandparents, Raj Kapoor and Krishna Raj, and was inherited by Rishi Kapoor and Neetu in 1980. A Bollywood Life report.

Advertisement

Claimed that the new bungalow cost Ranbir and family ₹250 crore. It is speculated that after the bungalow is ready, the entire Kapoor family, including Neetu Kapoor, will stay together under one roof. Alia and Ranbir currently live with Raha at Vastu The rapid growth of OTT platforms in India has been attributed to factors such as increased cinema ticket costs.

Growing demand for niche content, and changing consumer preferences. Sidharth Malhotra improved internet infrastructure, and Janhvi Kapoor are set to share screen together in the ALL upcoming rom-com Param Sundari, and they have shared entertaining behind-the-scene pictures from the sets on social media.

​Bollywood’s beloved couple, Ranbir Kapoor and Alia Bhatt, recently visited their under- boasts a modern design with grey construction dream home in Mumbai’s Bandra area, just days after celebrating their third wedding anniversary on April 14. On April 16, the duo was spotted at and shorts. The couple appeared the construction site, inspecting the progress of their abode.

In a video that surfaced on social media, Ranbir was seen wearing a black t-shirt, matching shorts, sneakers, and a cap, while Alia donned a casual shirt and shorts. The couple appeared engaged in discussions with the construction team, reflecting their active involvement in new bringing their vision to life.

Advertisement

The new residence, named Krishna Raj in honor of Ranbir’s late grandmother, is a six-storey bungalow valued at approximately ₹250 crore. The property boasts a modern design with grey and light blue hues, glass balconies, and expansive windows. It’s situated close to their current

Fans have been eagerly awaiting updates on the couple’s new home, and this recent visit has only heightened anticipation. The couple’s hands-on approach to the construction process Raha underscores their commitment to creating a space that reflects their shared dreams and values Bollywood’s beloved couple, Ranbir Kapoor and Alia Bhatt, recently visited their under.

In a video that surfaced on social media, Ranbir was seen wearing a black t-shirt, matching shorts, sneakers, and a cap, while Alia donned a casual shirt and shorts. The couple appeared engaged in discussions with the construction team, reflecting their active involvement in .​

The new residence, named Krishna Raj in honor of Ranbir’s late grandmother, is a six-storey bringing their vision to life bungalow valued at approximately ₹250 crore. The property boasts a modern design with grey and light blue hues, glass balconies, and expansive windows. It’s situated close to their current residence, Vaastu, where they live with their daughter, Raha .​

Advertisement

Fans have been eagerly awaiting updates on the couple’s new home, and this recent visit has only heightened anticipation. The couple’s hands-on approach to the construction process space that reflects their shared dreams and underscores their commitment to creating a space that reflects their shared dreams and values residence, Vaastu, where they live with daughter.

  • Group Media Publication
  1. Construction, Infrastructure and Mining   
  2. General News Platforms – IHTLive.com
  3. Entertainment News Platforms – https://anyflix.in/

Continue Reading
Anyskill-ads

Facebook

Trending