New Delhi: Crypto tokens continued to move higher on Friday. Bitcoin moved towards the key level of $20,000 but could not touch it again.
Ethereum's Merge, which will shift the protocol from proof-of-work to a more energy-efficient proof-of-stake protocol, is roughly a week away.
All the top tokens, even the stablecoins, were trading with strong gains on Friday. Solana rallied about 7 per cent, whereas Polkadot and Avalanche gained 5 per cent each.
The global cryptocurrency market cap was trading decently higher at the $994.1 billion mark, surging almost 2 per cent in the last 24 hours. However, the total trading volume dropped more than 5 per cent close to $73.39 billion.
Whats cooking in IndiaCrypto trading exchange Unocoin has launched a 'refer and earn programme' for its traders which will allow its existing users to earn 51 per cent of the trading fees for each transaction done by their referee. Global Updates
The winners of this year's Ballon d'Or, the top award for individual footballers, will receive digital tokens to go with their gleaming trophies, the organisers told AFP.
The France-based award, run by the Equipe media group, has feted the beautiful game's best players for 66 years, bestowing on them global acclaim and a trophy in the shape of a golden football.
Tech view by BuyUcoin cryptocurrency exchangeTerra Classic surged over 100 per cent in 7 days. Terra Classic, the renamed version of Terra Chain, has witnessed a phenomenal rally in the past 7 days with its value jumping by over 100 per cent. The Terra classic with a market cap of approximately $3.32 billion is the 26th largest crypto in the world.
After the much-publicized collapse of Terra Blockchain, the community has put in a series of efforts to save the Terra ecosystem. Adoption of proposal 1623 and airdrop for users are some of the prominent developments to revive the terra ecosystem by its founders.
Some investors are looking at Terra classic and Luna classic as some lottery tickets to make big money in a short span but investors should thoroughly study the fundamentals to take an informed decision.
(Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the asset/s mentioned.)