Top cryptocurrency prices today: Solana, Cardano, Tron & Avalanche gain 4% each

economictimes.indiatimes.com:

All major tokens were trading higher on Friday. Bitcoin posted decent gains, whereas Ethereum was marginally up. Solana, Cardano, Tron and Avalanche zoomed 4 per cent each. XRP and Polkadot gained 3 per cent each. The global cryptocurrency market cap was trading higher at the $1.26 trillion mark, rising about 2 per cent in the last 24 hours. However, the total cryptocurrency trading volume plunged about 29 per cent to $69.04 billion.

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Asia’s first crypto exchange-traded fund (ETF) could be launched in India’s GIFT City this year by Torus Kling Blockchain

What's cooking in IndiaAhead of the consultation paper on cryptocurrencies, Reserve Bank Deputy Governor T Rabi Sankar said the soon-to-be-introduced central bank digital currencies (CBDCs) can «kill» whatever little case that exists for private virtual currencies. The RBI has been vehemently opposed to cryptocurrencies like Bitcoin, saying there is no underlying value for such instruments which are essentially speculative in nature. It has gone public with the same, even as the government has yet to make its stance clear. In other news, India’s largest crypto investing app CoinSwitch on Thursday launched the Crypto Rupee Index (CRE8), India’s first benchmark index to measure the performance of the rupee-based crypto market. Giottus Crypto Platform, has launched trade of Optimism (OP) token, becoming the first Indian exchange to do so. OP is a layer 2 scaling solution of Ethereum that competes with Polygon (MATIC). Additionally, the OP/INR pair is currently live for trade in Giottus while deposits and withdrawals of the token will be enabled in the upcoming days.Expert takeBitcoin retested the support level at $30,000 after the