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Crypto Market Tries to Recover With Ukraine Negotiations in Focus; Gold & Commodities Rise
7.3.2022
Bitcoin (BTC) and several other major cryptoassets initially fell on Monday, before buyers showed up later in the trading day to offer relief. At the same time, the US dollar, gold, and a large number of other commodities continued on a surge higher, as a ban on Russian oil imports seem to be...
Bitcoin Resumes Consolidation; Will BTC Plunge Below $38K?
7.3.2022
The value of decentralized cryptocurrencies was supposed to remain higher despite the movement woes. Bitcoin remains the domain leader with an absolute market capitalization of USD 719 billion, which is more than twice of next in line Ethereum. Despite carrying the highest market capitalization...
Crypto Can Better Deter Sanction Evasion Compared to TradFi - Coinbase
7.3.2022
Crypto's transparent nature makes it a terrible choice for those who want to evade sanctions, said Paul Grewal, Chief Legal Officer (CLO) of major crypto exchange Coinbase.
Following Russia's invasion of Ukraine, the US and its allies imposed an extensive round of sanctions on a number...
Russian Banks Look to China’s UnionPay after Visa, Mastercard Freezout
7.3.2022
The American payments heavyweights Visa and Mastercard, as well as the card issuer American Express, have suspended their operations in Russia – joining an increasingly lengthy list of firms severing their trade links with the country. But Russian banks have indicated that they may look...
Ukraine Crypto Donations Reach a Plateau; 40% of the Country's Military Suppliers Accept Crypto
7.3.2022
Crypto donations to Ukrainian causes have slowed down over the weekend, while reports revealed that roughly 40% of Ukraine’s military suppliers accept crypto payments.
The Ukrainian government and non-profit organizations providing support to the military raised less than USD 2m over...
Bitcoin and Ethereum Break Key Support, Altcoins Dive
7.3.2022
Bitcoin price kept falling below the key USD 40,000 support zone and broke the USD 38,500 support zone. It is currently (04:12 UTC) down 3% and is showing bearish signs near USD 37,900.
Similarly, most major altcoins are gaining bearish momentum. ETH is down 4% and there was a break below...
‘Big Four’ South Korean Crypto Exchanges Say They’ve Blocked Russian Users
5.3.2022
All four major South Korean crypto exchanges say they will block users with Russian IP addresses “in line with sanctions” – despite the fact that their overseas counterparts have ruled out making such a move without direct instruction from governments....
Read More: ‘Big Four’ South Korean...
Bitcoin Falls on Stronger Dollar, Shows Signs of ‘Maturing as Digital Collateral’
4.3.2022
Bitcoin (BTC) kept falling on Friday as the US dollar jumped higher following strong economic data that showed the number of jobs created in the US rose much more than expected.
As of Friday at 17:15 UTC, BTC stood at USD 40,879, down almost 4% for the day but up 7% for the past 7 days. At...
Shake Shack Bitcoin, Manchester OKX, New Crypto Investments + More News
4.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Shake Shack Bitcoin, Manchester OKX, New Crypto Investments + More News
Crypto Trading Volumes in Ukraine, Russia Fall After the Early War Spike
4.3.2022
Crypto trading volumes using Ukrainian hryvnia (UAH) as the fiat currency have fallen to nearly their normal levels, despite banking restrictions in Ukraine making fiat transactions in the region increasingly difficult. From Russia, however, crypto trades using the Russian ruble (RUB) still...
Russian Ruling Party Says Crypto Regulation Will Safeguard ‘Millions of Citizens’
4.3.2022
United Russia, the nation’s ruling party, says that some 12% of the population uses or interacts with crypto – and senior political figures stated that it will protect crypto holders with its forthcoming regulations....
Read More: Russian Ruling Party Says Crypto Regulation Will Safeguard...
Bitcoin vs Gold Debate Continues as Both Assets Rise Following Ukraine War
4.3.2022
The never-ending debate around bitcoin (BTC) versus gold is once again in the spotlight, as both assets have risen after the onset of the Ukraine war -- and bitcoin’s properties as censorship-resistant money has come back into focus....
Read More: Bitcoin vs Gold Debate Continues as Both Assets...
Ukraine Crypto Donations Exceed USD 63M
4.3.2022
In a robust sign of support to Ukraine amid the country’s invasion by Russia, the global crypto industry has donated in excess of USD 63.25m as of today, with donations made in bitcoin (BTC), ethereum (ETH), and a number of other cryptos.
Data from blockchain ecosystem security firm SlowMist...
Russian Oligarchs Unlikely to Use Crypto to Dodge Sanctions - Coinbase CEO
4.3.2022
The heads of some of the world’s biggest centralized crypto exchanges (CEXes) have hit back against critics who claim crypto could be used by Russian oligarchs attempting to evade Western sanctions. However, the exchanges will abide by the law in case there's a ban on all Russian users. ...
Bitcoin and Ethereum Keep Trimming Gains, OKB and WAVES Inch Higher
4.3.2022
Bitcoin price failed to stay in the positive zone above USD 43,200 and traded below the USD 42,000 support. It is currently (04:18 UTC) down almost 5% and is showing bearish signs below USD 41,500.
Similarly, most major altcoins are in the red zone. ETH is down 6% and there was a break below...
Spanish Telecom Behemoth Telefónica Weighs up Crypto Pay Options
4.3.2022
The Spanish telecoms giant Telefónica is mulling accepting crypto pay for “some of its services” – although it claims that its crypto projects pertaining to payments are still in the planning stage....
Read More: Spanish Telecom Behemoth Telefónica Weighs up Crypto Pay Options
Impostors Are Trying to Trick Ukrainian Crypto Donors via Phishing Websites and Fake Donation Addresses
3.3.2022
Scammers and impostors are trying to take advantage of the horrific war unfolding in Ukraine by tricking unsuspecting crypto users wishing to help the country through donations.
These individuals and groups seem to be using any available means, including phishing webpages, forum posts, email...
Crypto Payments Firm CoinGate Partners with Ukraine Central Bank and IBS to Enable More Crypto Donations
3.3.2022
The Lithuania-based crypto payments processor CoinGate has teamed up with the National Bank of Ukraine (NBU) – the country’s central bank – and the international payments firm International Business Settlement (IBS) to allow crypto users to donate money to Ukraine’s Armed Forces using more than...
Swiss City of Lugano Makes Bitcoin, Tether ‘De Facto Legal Tender’
3.3.2022
Bitcoin (BTC) and tether (USDT) will become “de facto legal tender” in the southern Swiss city of Lugano, as the city partners with Tether to become the “Bitcoin Capital of Europe,” Tether’s Chief Technology Officer (CTO) Paolo Ardoino said during an event hosted with Lugano city officials...
IRS Comes for Crypto John Does, Bitcoin Mining Difficulty Drops, Complex Apps on Algorand + More News
3.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: IRS Comes for Crypto John Does, Bitcoin Mining Difficulty Drops, Complex Apps on Algorand + More News