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Bitcoin Tests USD 44K, Ethereum Nears USD 3K, LUNA and WAVE Outperform
1.3.2022
Bitcoin price broke the main USD 40,000 resistance to start a strong uptrend. It is currently (04:02 UTC) trading near USD 43,200 after briefly spiking to almost USD 44,200.
Similarly, most major altcoins are gaining bullish momentum. ETH was able to clear the USD 2,750 and USD 2,850...
El Salvador's President Bukele Silent on Ukraine War
1.3.2022
Media outlets in El Salvador have hit out at President Nayib Bukele and his government over the perceived “silence” on the matter of Russia’s invasion of Ukraine.
ElSalvador.com, the online edition of the newspaper El Diario de Hoy – hostile to Bukele’s government on most matters – reported...
Potential Fallout From War in Ukraine May Be Priced Into Crypto Market - Observers
28.2.2022
Russia’s invasion of Ukraine continues, and so do the discussions on how the worsening geopolitical, economic, and social factors may affect pretty much all segments of the wider society. Two crypto exchanges shared their views with Cryptonews.com on what may await the crypto market, and what...
Bitcoin Rises Above USD 41,000 for the First Time in Almost Two Weeks
28.2.2022
Bitcoin (BTC) broke above the USD 40,000 mark again today, after being rejected at the same level over the weekend. The major breakthrough comes on a strong day for both BTC and the broader crypto market, with most coins now in the green for the past 24 hours.
At 16:43 UTC, BTC stood at...
Russian Central Bank Claims its SWIFT Alternative Is Ready
28.2.2022
The Russian Central Bank is talking up its SWIFT alternative as they try to go it alone without a way into the international banking network....
Read More: Russian Central Bank Claims its SWIFT Alternative Is Ready
eBay's Crypto Teaser, UK Seeks More Power to Seize Crypto + More News
28.2.2022
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: eBay's Crypto Teaser, UK Seeks More Power to Seize Crypto + More News
Ukraine War Reached Prediction Markets Too
28.2.2022
The war in Ukraine continues. On one side stands Russia's well-equipped army, and on the other, Ukraine's persistent fighters whose morale has been lifted with recent "strategic" wins. In short, there is a lot of uncertainty.
Using this uncertainty, some speculators are making forecasts on...
Traditional Markets, Crypto Trim Losses, Moscow Exchange Won't Open Today as Kyiv and Moscow Start Talks
28.2.2022
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Read More: Traditional Markets, Crypto Trim Losses, Moscow Exchange Won't Open Today as Kyiv and Moscow Start Talks
Crypto Exchanges Soon Could Be Forced to Block Russian Users - Kraken CEO
28.2.2022
In the aftermath of the Western sanctions on Russia due to its invasion of Ukraine, crypto exchanges could be soon required to freeze the accounts of their Russian customers, according to Kraken CEO Jesse Powell.
He was replying to a recent request put forward by Ukrainian Deputy Prime...
Crypto Donations to Ukraine Near USD 20M
28.2.2022
At least USD 18.9m worth of cryptoassets has been donated so far to the Ukrainian government and the nongovernmental organizations (NGOs) providing support to the Ukrainian military after Russia launched an invasion of the country on February 24.
As of February 27th, 23:50 UTC, data accumulated...
Russians Ditch Ruble, Central Bank Scrambles as Fiat ‘Destruction’ Looms
28.2.2022
Reports on social media claim that citizens in Russian have been spending their cash on luxury items, electronics, and other goods in a bid to dump the ruble before the markets reopen today.
A Moscow Times journalist claimed that the “mood” was similar to 2014, when the Russian markets were...
Bitcoin and Ethereum Slip on Russian Nuclear Show Off, FIL, AR, and UNI Rally
28.2.2022
Bitcoin price gained pace for a move above the 38,500 resistance zone. BTC attempted an upside break above USD 39,500 and USD 40,000 but corrected lower as Russia’s president Vladimir Putin put Russia's nuclear deterrent on high alert on Sunday in the face of a barrage of Western reprisals...
Russian Rubles Could Become 'Worthless' as Allies Target Central Bank After SWIFT Move
27.2.2022
After the EU, Canada, and the US agreed to remove selected Russian banks from the SWIFT messaging system, the Russian Central Bank is to be targeted next, which could make rubles "close to worthless."
In a joint statement on Saturday evening, the allies said they commit to ensuring that...
Crypto Companies Increasing Efforts To Help Ukrainians, Crypto.com and Blockchain.com Join In
26.2.2022
As Vladimir Putin pushes unrelentingly to overtake Ukraine, numerous segments of the wider society have stepped up to do what they can from their side to help the people of Ukraine, including crypto companies.
Just a couple of days ago, major crypto exchange FTX said it gave out USD 25 to each...
Russian Central Bank Ramps up USD Exchange Rate as Ruble Run Worries Mount
25.2.2022
Russia’s Central Bank is desperately trying to avoid a run on the fiat ruble in response to incoming sanctions measures from the EU, the United States, and their allies. And as the Ukraine crisis deepens, the bank has unleashed yet more extreme measures – which may eventually include freezing...
Apple Pay and Google Pay to Become Unusable with Cards from Sanctioned Russian Banks
25.2.2022
Customers of five sanctioned Russian banks will be unable to use their cards to pay with Apple Pay and Google Pay, the central Bank of Russia, said.
The banks in question include banks under the VTB Group, Sovcombank, Novikombank, Promsvyazbank, and Otkritie, per the announcement. The banks...
Crypto Donations Pour into Ukraine - Here's How You Can Contribute
25.2.2022
Cryptoassets are proving themselves to be a useful method to raise money for organizations in Ukraine, as banks implement new restrictive measures and at least one fiat-based fundraising service has suspended donations to a Ukrainian non-profit....
Read More: Crypto Donations Pour into Ukraine...
Despite Recovery, Bitcoin and Cryptos Have More Room to Fall, Say Analysts, Pointing at a Buy Signal
25.2.2022
While the crypto markets have been recovering on the second day of Russia's attack on Ukraine, crypto industry insiders have warned that digital assets may have further to fall -- and argued that a bottoming in stocks could be taken as a buy signal for crypto.
The crypto market saw a broad...
Block, Coinbase Release Positive Q4 Results Amid Growing Market Uncertainty
25.2.2022
Payments giant Block has reported positive results for the fourth quarter of 2021, signaling an unexpectedly robust outlook for this year. At the same time, major crypto exchange Coinbase also posted quarterly results that exceeded analyst expectations, but its expectations of a lower trading...
Western Allies Claim their Targetted Russian Sanctions Trump a SWIFT Ban as Russian Occupiers Near Kyiv
25.2.2022
The EU claimed it has created a “package of sanctions” that will be “massive and painful” for Russia. It stated that the new sanctions would remove some 70% of Russia’s banking capabilities – but Europe appears utterly divided as to whether it should block banks from an international banking...