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Fed Will ‘Proceed Carefully’ with Rate Hikes Despite Ukraine War - Chair Powell
2.3.2022
The US Federal Reserve (Fed) will “proceed carefully” with its plan to hike interest rates this year despite the war in Ukraine, with the first hike of 0.25 percentage points still expected at the Fed’s next meeting in March, Fed chair Jerome Powell said during a hearing in Congress today.
“We...
Ukraine Adds Dogecoin to List of Accepted Cryptos, Prime Minister Asks DOGE Co-Founder and Elon Musk to Donate
2.3.2022
According to a Twitter announcement stemming from Ukraine’s vice prime minister, Mykhailo Fedorov, the Ukrainian government will now accept dogecoin donations. Fedorov highlighted that meme assets like dogecoin are worth more than the Russian ruble and “even [memes] can support...
EU will cut off 7 Russian banks from SWIFT, with ordinary Russians facing consequences
2.3.2022
Inflation in the eurozone soared to 5.8% in February, well above the European Central Bank’s 2% target, amid a backdrop of escalating sanctions against Russia
Ukraine Expands Crypto Donations to Accept Dogecoin
2.3.2022
The dog-themed memecoin joins bitcoin, ether, Tether's USDT, solana and Polkadot's DOT as cryptocurrencies currently accepted by Ukraine
‘Enormous Increase’ in Ukraine Crypto Trading Volume, USD 47,000 Next Target for Bitcoin – Arcane
2.3.2022
There have been massive increases in crypto trading volumes using the Ukrainian fiat currency, crypto research firm Arcane Research wrote in its latest weekly update. Meanwhile, the firm has identified USD 47,000 as the next likely target for bitcoin (BTC) after the USD 44,000 resistance...
Russian Consumers, Firms Feeling Impact of Sanctions as Ruble Keeps Diving
2.3.2022
Ordinary Russians are increasingly starting to feel the bite of Western-led sanctions, media reports from inside the country have indicated.
The ruble fell once again today and, at the time of writing, is worth around USD 0.0090, or 26% less than on the day of the invasion of Ukraine (February...
All Eyes on US Congress as Fed Chair Powell Prepares for First Comments Since Ukraine War Began
2.3.2022
US Federal Reserve chairman Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday this week, with market participants in both crypto and traditional markets now eagerly awaiting his first comments on the economy after the war in Ukraine broke out....
Read More: All Eyes...
All Eyes on US Congress as Fed Chair Powell Prepares for First Comments Since Ukraine War Began
2.3.2022
US Federal Reserve chairman Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday this week, with market participants in both crypto and traditional markets now eagerly awaiting his first comments on the economy after the war in Ukraine broke out....
Read More: All Eyes...
Ukraine Receives Over $7M in Crypto Donations After Airdrop Announcement
2.3.2022
It is currently unknown what the airdrop entails, although Ukraine’s tax office announced there will be no tax on captured Russian tanks
Ukraine Receives $13M Support From the Crypto Space
2.3.2022
The Russian invasion of Poland is getting unprecedented attention from the crypto space. Last week, projects like Litecoin and CoinGatecom reached out to help the people of Ukraine. This week, the Ukrainian government announced wallet addresses to receive funds through Bitcoin, Ethereum, and USDC....
Animoca Bans Russian Users; Revolut CEO Condemns War, Matches Donations
2.3.2022
Animoca Brands, a digital entertainment company that develops and publishes a wide portfolio of blockchain games, traditional games, and other products, has banned all Russian customers from its services in response to the country's invasion of Ukraine.
The crypto company is ostensibly...
Starlink Terminals Arrive in Ukraine as Elon Musk Makes Good on Promise
2.3.2022
Spacex has managed to deliver Starlink equipment to Ukraine as promised by its founder, Elon Musk. The hardware will provide access to high-speed internet for users in the country, which has been experiencing disruptions in communications as a result of Russia’s military invasion. Ukrainians...
Ukrainian Government Claims ‘Airdrop’ Will ‘Reward’ its Bitcoin & Crypto Donors
2.3.2022
The Ukrainian government has confirmed that donors who have contributed crypto to fund its military struggle with the invading Russian army will be in line for an airdrop of tokens.
In the early hours of March 2, Kyiv wrote that its airdrop was “confirmed,” with a snapshot to be taken on March...
Ukraine Says 'Airdrop Confirmed’ After Receiving $33M Crypto Donations
2.3.2022
It’s the first time a country will conduct an “airdrop” for donations
CryptoPunk NFT Is Latest Donation to Ukraine’s $33M Campaign
2.3.2022
The rare NFT could be worth $200,000 according to some estimates
War coincides with Bitcoin's highest 'real' volume since early December
2.3.2022
“Investors are speculating that crypto will become increasingly important apolitical and trustless money in a time of escalating geopolitical uncertainty, conflict, and capital controls,” Arcane Research wrote
Airbnb Looking to Support Crypto While Focusing on Free Housing for 100,000 Ukrainian Refugees
2.3.2022
Airbnb confirms that it is looking to support cryptocurrency. The company has also offered to provide housing for up to 100,000 Ukrainian refugees. According to the European Union, about four million people may try to leave Ukraine because of the Russian invasion. Airbnb’s CEO Discusses...
Data Shows Ruble-Denominated Crypto Trading Has Spiked, RUB Represents Over 2% of USDT Trades
2.3.2022
According to reports and data stemming from ruble-denominated crypto trading pairs, Russian citizens are flocking toward cryptocurrencies amid the conflict in Ukraine. Analytical data indicates that the ruble is the sixth most traded pair with tether and tether’s fourth most traded...
Ukraine Adds to Fed Chair's List of Worries Before His Congressional Testimony
1.3.2022
Jerome Powell is facing questions from lawmakers on Wednesday and Thursday for his semiannual monetary policy update to U.S. lawmakers
At Least $14M Out of $26M in Donated Crypto to Ukraine Already Disbursed
1.3.2022
The founder of the Kuna crypto exchange behind the government's crypto fundraising said the money is spent "efficiently," on CoinDesk TV