Top cryptocurrency prices today: Bitcoin, Ethereum, Dogecoin, Shiba Inu jump up to 4%

economictimes.indiatimes.com:

The Russian government released a document on its official website late Tuesday setting principles for crypto regulation, which supported the top deck of crypto assets. The Russian government’s plan received support from its central bank, which had called for a ban on crypto mining and trading. The development also came not long after India took a step towards crypto legalization with a tax on digital asset transfers.

Did you Know?

Sunny Leone took the lead among Indian actors to secure her digital assets when she broke the news about her association with NFT, two months back. This made her the first Indian actress to mint NFTs

Barring the dollar-pegged USD Coin Terra and Solana, all other seven out of top-10 digital tokens were trading with decent gains on Tuesday. Ethereum led the gainers with a 4 per cent rise while Shiba Inu added 3 per cent. The global crypto market cap gained almost 2 per cent to once again scale the $2.01 trillion mark. The total crypto market volume, however, dropped 25 per cent to $76.92 billion.What's Cooking in IndiaGlobal crypto exchanges looking at the Indian market are awaiting more clarity on crypto regulations to make entry and investment decisions even after the government announced a tax regime in the Budget. The government is examining the applicability of goods and services tax (GST) on various cryptocurrency transactions including mining of these digital assets.Experts TakeThe Russian government made known its plans to regulate the crypto industry. In what was a complete 180 reversal from their original stance to ban crypto, the 'unexpected' move can be viewed as a positive for the industry, said CoinDCX Research Team. «With the presence of regulatory