Crypto Price Today Live: Bitcoin holds $24,000; Solana and Uniswap drop 8% each

economictimes.indiatimes.com:

Bitcoin breathed below $24,000, whereas Ethereum held at the $1,900 mark ahead of its much-awaited merge buzz on Tuesday. The crypto industry's latest indignities included a report that India regulators were investigating at least 10 crypto exchanges for allegedly assisting foreign firms launder money via crypto. Top crypto tokens were trading mixed on Tuesday afternoon. Meme Tokens like Dogecoin and Shiba Inu rose up to 6 per cent, whereas Uniswap plunged 5 per cent. Avalanche and Polygon dropped 2 per cent each. The global cryptocurrency market cap was trading marginally down at the $1.14 trillion mark, dropping as much as one per cent in the last 24 hours. However, the total trading volume tumbled almost 6 per cent, close to $68.95 billion.

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Meta's digital wallet service Novi will no longer be available for use after September 1. The Facebook parent, which is shutting down its Novi pilot project less than a year after starting it, ‘strongly advised’ users to withdraw their money from Novi.

What's cooking in IndiaThe ED probe into alleged money laundering by crypto exchange WazirX and the subsequent squabbling among its promoters has revealed the 'darker side' of cryptocurrencies, a government source said. Over seven per cent of Indians owned digital currency in the form of cryptocurrency in 2021, the United Nations trade and development body UNCTAD revealed. The Enforcement Directorate (ED) said that it has attached assets worth Rs 370 crore belonging to a Bengaluru-based company linked to the instant loan apps case.Expert take Bitcoin tried to break above the $25,000 resistance but failed. It declined to the $24,200 level, said Edul Patel, CEO and co-founder, Mudrex. «The