Top Crypto News today: LG Electronics Enters Blockchain & Crypto World

In today’s global crypto news, LG Electronics, a South Korean technology company, has modified its corporate development plans to include crypto and blockchain-based technologies. One of Israel’s largest banks, Leumi Bank, has reportedly begun to accept Bitcoin (BTC) and Ether (ETH) transactions.

In today’s crypto news, Grayscale has created a new fund that gives investors access to a number of smart contract ecosystems that have developed as a result of the rise of decentralised finance (DeFi).

Before heading to the news section, let’s have a quick glance at the latest crypto price trends. 

 

Crypto Prices Today 

Price Trend	Price for March 27, 2022	Percentage change
The global cryptocurrency market cap	$2,019,029,622,278	+0.95%
The total crypto market volume	$62,029,120,288	–
Bitcoin Price	$44,653	+0.39%
Ethereum Price	$3,142.46	+0.63%

*All prices are latest by 11:30 AM, 27 March 2022.

 

Top Gainers and Losers Today

Top 3 Crypto Gainers  

Cryptocurrency	Price (Latest by March 27, 2022)	Change in %
Zilliqa (ZIL)	₹ 6.66	+69.23%
0X (ZRX)	₹ 58.77	+28.74%
SiaCoin	₹ 0.90	+18.73%

*All prices are latest by 11:30 AM, 27 March 2022.

 

Top 3 Crypto Losers 

Cryptocurrency	Price (Latest by March 27,  2022)	Change in %
Axie Infinity (AXS)	₹ 5,082.05	-5.51%
Ethereum Classic (ETC)	₹ 3,6043.51	-4.17%
Near Protocol (NEAR)	₹ 999.12	-3.55%

*All prices are latest by 11:30 AM, 27 March 2022.

 

Crypto News Global 

LG Electronics Adds Blockchain & Crypto As New Areas of Business

LG added two unique crypto-related objectives during its annual general meeting, according to a local South Korean news report. The goals include “the creation and distribution of blockchain-based technologies” as well as “the sale and brokerage of cryptocurrencies,” leading to speculation that LG may launch a cryptocurrency exchange.

When Bithumb CEO Heo Baek-young revealed that the exchange was collaborating with “a large enterprise” to build a nonfungible token (NFT) marketplace earlier this year, rumors about LG creating a crypto-related marketplace began to circulate.

Read: How to Diversify Your Crypto Portfolio? Why is it Important?

Source: CoinTelegraph

 

Top Israeli Bank To Accept BTC And ETH Trading

Leumi Bank’s digital platform, Pepper Invest, has teamed with Paxos, a blockchain infrastructure provider, to provide crypto trading services. The new service allows Pepper Invest clients to purchase, sell, and hold cryptocurrency.

Before introducing support for other crypto assets, the move will only support BTC and ETH. According to the report, the minimum transaction amount for cryptocurrency was established at roughly $15.50 (50 shekels). The new strategy is subject to regulatory approval.

Read: Which is the Best Crypto to Invest in? Become a Savvy Crypto Investor

Source: CoinTelegraph

 

Top DeFi News today 

Grayscale Launches Fund Holding Ethereum Alternatives

According to Grayscale CEO Michael Sonnenshein, the product allows investors to participate in a range of new platforms rather than depending on one, to become the major decentralized activity venue.

To track the assets, the fund employs a CoinDesk indices index, with the portfolio’s holdings weighted by market capitalization. Cardano and Solana are the fund’s two biggest assets, accounting for more than 24% of the total. 

Avalanche and Polkadot are the next two, each accounting for 16 percent of the total. Because Grayscale anticipates many investors to be familiar with Ethereum, the fund excludes it.

Read Banking in the Metaverse: Reshaping the Future of Banks

Source: TheBlockCrypto

 

NEW COIN LISTING ON COINDCX 

New Coin	Price	Circulating Supply
Apecoin (APE)	₹ 1,051.25	277,500,000.00 APE
Celer Network (CELR)	₹ 4.25	6.84B CELR
Monero (XMR)	₹ 15,996.26	18,098,625.31 XMR
Anchor Protocol (ANC)	₹ 190.49	267,732,425.09 ANC
Stacks (STX)	₹ 107.97	1.30B STX

*All prices are latest by 11:30 AM Mar 27, 2022.* 

 

Daily Crypto News Round-Up