Top Cryptocurrency News Today: The biggest moves in NFTs, bitcoin, crypto rules and more

The global crypto market cap stood at $1.85 trillion, down 1.27 percent over the last 24 hours. The total crypto market volume during the period reached $60.66 billion, which makes a 23.35 percent increase. Bitcoin was trading at $39,850.67. The world's biggest cryptocurrency's dominance was 40.90 percent, an increase of 0.07 percent over the previous day, according to CoinMarketCap data.

Unified Payments Interface (UPI), Buy Now Pay Later (BNPL), Central Bank Digital Currency (CBDC) and offline payments will drive the growth of digital payments in India in the next five years, PwC India said in a report. UPI is expected to continue to be the major contributor in the digital payments space followed by BNPL, it said. The Indian digital payments market saw steady growth at a CAGR of 23 percent (volume wise), and is expected to reach 217 billion (21,700 crore) transactions in FY26 from 59 billion (5,900 crore) in FY22, said the report "The Indian Payments Handbook – 2021-26". Read more here.

Ukraine's vice prime minister and minister of digital information Mykhailo Fedorov on April 17 shared a photo of what the war-torn nation is spending crypto donations on—200 sets of ballistic plates for bulletproof vests. "The better equipped soldiers," wrote Fedorov, "the sooner day of Ukrainian victory." Ukraine began accepting donations in cryptocurrencies almost immediately after Russia invaded the country in late February. Tens of millions of dollars quickly flooded in—from individuals, crypto grants, NFT sales, and DAOs. Read more here.