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Market Wrap: Bitcoin Stabilizes Amid Geopolitical Uncertainty
24.2.2022
Bitcoin (BTC) is attempting to pare earlier losses after Russia's unprovoked attack on Ukraine. Altcoins underperformed, and bitcoin's market cap continued to rise, suggesting a flight to safety among crypto investors
People Are Sending Millions in Bitcoin to Aid Ukraine's Military as Russia Advances
24.2.2022
A digital wallet raising funds to support the Ukrainian army has received over $700,000 in bitcoin
At ETHDenver, Weird DeFi Comes Out of Its Shell
24.2.2022
CoinDesk’s DeFi reporter shares some perspective on Ethereum’s most optimistic conference to date
Major Reversals From Overnight Action Continue Following Biden Sanction Remarks
24.2.2022
Bitcoin is up more than $4K from its weakest levels of the day, while the Nasdaq has moved sharply into positive territory
Ukraine Central Bank Limits Cash Withdrawals Amid Russian Assault
24.2.2022
The central bank of Ukraine has capped withdrawals of cash in national fiat and banned those in foreign currency. The monetary authority says the measures aim to ensure the functioning of the nation’s financial system under the martial law introduced in response to Russia’s military...
President Biden Announces Technology Export Controls, Bank Sanctions Against Russia
24.2.2022
Several European countries have also announced sanctions to try and force Russia to cease hostilities after it invaded Ukraine
Bitcoin Latest Price Drop Suggests It’s Not ‘Digital Gold’ for Everyone
24.2.2022
Bitcoin was cast by some investors as a potential "store of value." Instead, as geopolitical tensions rise, the cryptocurrency's price has fallen
Why the CryptoPunk Flop Is a Turning Point for NFT Auctions
24.2.2022
A pseudonymous collector withdrew 104 CryptoPunks from Sotheby's. What does it mean for the future of splashy NFT auctions?
Canadian Police Begin Unfreezing Accounts Tied to Freedom Convoy as Trudeau Revokes Emergencies Act
24.2.2022
Canada’s prime minister, Justin Trudeau, has ended the use of the Emergencies Act invoked last week to deal with the Freedom Convoy trucker protest. The Canadian police have also instructed financial institutions to unfreeze accounts previously frozen. “The situation is no longer...
No, Crypto Won't 'Fix This' for Russia
24.2.2022
The global community hopes financial penalties against Russian officials might encourage a swift end to its military actions. Cryptocurrency is an unlikely workaround for Vladimir Putin’s government, according to sanctions and blockchain experts
Web 3 Infrastructure Startup Aligned Exits Stealth With $34M in Funding
24.2.2022
The company was founded by former ConsenSys Chief Strategy Officer Sam Cassatt
Bitcoin Miner Core Scientific Has More Than 100% Upside: BTIG
24.2.2022
Core came public last month via a SPAC deal, but has struggled alongside declines for the crypto
Tether's USDT Stablecoin Well Over $1 on Ukrainian Crypto Exchange
24.2.2022
Tether, which is supposed to represent a $1 value as a dollar-linked stablecoin, is trading above its peg on the Ukrainian exchange amid tensions
Crypto Community Discusses Warfare in Ukraine, Importance of Crypto, and the Future of Bitcoin
24.2.2022
During the course of the early morning trading sessions on Thursday (EST), 24-hour statistics show the crypto economy dropped more than 11% in value against the U.S. dollar. While the leading crypto asset bitcoin shed close to 10%, a myriad of alternative digital assets lost close to 20% in value....
Bitcoin Selling Intensifies; Support at $30K Could Stabilize Correction
24.2.2022
Bitcoin (BTC) extended losses from the Asia trading day, although lower support at $30K could stabilize the correction. There are initial signs of downside exhaustion worth monitoring. Still, momentum signals remain negative, which suggests limited upside from here
China's Supreme Court Rules Crypto Transactions Constitute 'Illegal Fundraising'
24.2.2022
The ruling paves the way for violators to be criminally prosecuted with a punishment of up to ten years in prison and fines of up to $79,000
Blockchain Infrastructure Startup InfStones Raises $33M in Series B Funding
24.2.2022
InfStones is among a crop of firms aiming to become the Amazon Web Services of Web 3
Las principales criptomonedas caen en medio de la crisis en Ucrania
24.2.2022
Bitcoin, por su parte, fue considerado como un activo menos riesgoso por parte de los inversores
The Case for Taxing Proof-of-Work
24.2.2022
Most bitcoiner owners aren't cypherpunks and don't require an energy-intensive consensus mechanism. A tax would shift them on to sensible alternatives
What You Need to Know About Taxes Before You Claim Your Next Airdrop
24.2.2022
Investors receiving airdrops should be aware of the tax implications of their newly-earned tokens to avoid unwelcome surprises from the IRS