Crypto Price Today: Bitcoin regains $19K; BNB, Ethereum, Solana gain up to 5%

economictimes.indiatimes.com:

Russia escalated its unprovoked invasion of Ukraine and the prospects of a severe global recession increased exponentially, and Bitcoin, the largest cryptocurrency by market capitalization, was trading above $19,000. Barring the US dollar-pegged USD Coin, all top crypto tokens were trading sharply higher on Thursday. BNB zoomed more than 5 per cent, whereas Bitcoin, Solana and Ethereum rallied 4 per cent each. XRP and Polygon were 3 per cent up. The global cryptocurrency market cap was trading significantly higher at $941.75 billion, jumping as much as 3 per cent in the last 24 hours. However, the total trading volume tumbled over 12 per cent, close to $82.32 billion.

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Jobs in crypto, blockchain, and NFTs have grown by 804% in India between April 2020 and April 2022 according to a report by Indeed

What's cooking in India India's Enforcement Directorate has frozen cryptocurrency worth about Rs 12.8 crore($1.5 million) as part of a money-laundering investigation relating to a gaming app called E-Nuggets, according to a press release. In other news, Jumbish has roped in galleries and curators to enable non-fungible tokens (NFTs) in physical artforms along with digitals arts, thus promoting a Phygital platform in reality. Expert take This week, the global crypto market cap saw rapid changes with key cryptocurrencies including Bitcoin and Ethereum plummeting below their reserve prices but only to make corrections as spot volumes increased, said Prashant Kumar, Founder & CEO, weTrade. «Almost a fortnight after the Merge, Ethereum is trading at $1,300,» he added. «The strengthening US dollar, increased rate hikes and calls for broader regulations for stablecoins by the US Federal Reserve chair are all