Global News 7

  With more than $200 billion being poured back into the #cryptocurrency #market, the top 10 altcoins like #Luna, #Cardano and #Solana are entering the active recovery phase and gaining back from 10 to 20% of their value in the last 24 hours. Cardano exits oversold zone Yesterday, GN7 reported that ADA's Relative Strength Index has entered the extremely oversold zone by dropping below values of 30. Whenever an indicator shows that the assets are oversold, a short-term rebound should be expected by the market. In the case of ADA, the recovery came even earlier than expected, with the token gaining back at least 10% of its value in the last 24 hours. But at the same time, the recovery is purely speculative, with no major resistance points being broken. At press time, ADA trades at $0.8 and still moves in the amplitude downtrend that has caused at least a 70% loss for all Cardano investors. Solana follows the market Despite showing more down-to-earth...

 Ukrainian forces battled Russian invaders around nearly all of the country's perimeter on Thursday after Moscow mounted a mass assault by land, sea and air in the biggest attack on a European state since the second World War. Russia's Defence Ministry said its first day of the Ukraine invasion was "successful" hours after announcing it had destroyed 74 above-ground military infrastructure facilities, including 11 aerodromes. Ukrainian police said Russia had carried out 203 attacks since the beginning of the day. Ukranian President Volodymyr Zelenskiy said troops were trying to fend off Russians attempting to capture the Chernobyl nuclear power plant, just 90 km north of the capital. Regional officials said Ukrainian authorities had lost control of some territory in the Kherson region near Russian-occupied Crimea. Calling on Ukrainians to defend their country, Zelenskiy said arms would be given to anyone prepared to fight.

Prime Minister Narendra Modi reiterated the government's focus on technology and its aim to 'leave no citizen behind' while speaking at a webinar on Wednesday. He spoke about how provisions in the Budget 2022 will help India’s villages grow faster. "In the last 7 years, we've been making continuous efforts to enhance the capabilities of every citizen and every sector. It's the motive behind connecting villages and the poor to pucca houses, toilets, gas, electricity, water, road," PM Modi said. "India saw success in most of these projects and schemes, but it's now time for the saturation of these schemes; to achieve the most out of them," PM Modi said, adding that, "In this budget, a clear roadmap has been laid out by the government to achieve this lofty goal of saturation."

  Bitcoin (BTC) extended losses during the Asia trading day and broke below intraday support at $36,500. The cryptocurrency appears to be stabilizing, although stronger support is seen at $30,000. BTC was trading around $36,000 at press time and is down 6% over the past 24 hours. For now, upside remains limited beyond the $38,000-$40,000 resistance zone. On the daily chart, downside exhaustion signals are starting to appear, similar to what occurred on Jan. 24, which preceded a 30% price jump. This time, however, the relative strength index (RSI) is not deeply oversold, which could delay a potential upswing in price.