Sat, January 17

Difficult For Russia to Overcome Sanctions Despite Turning to Crypto

Russian billionaires are said to have turned to Bitcoin (BTC) and other digital assets. Anonymity is also necessary for Russian billionaires seeking to avoid sanctions. Russia has been subjected to economic sanctions imposed by countries throughout the globe to halt its aggression towards Ukraine. Russian banks were cut off from

March 4, 2022 1 min read

Bitcoin Mining Difficulty Drops 1.5% Since November Last Year

Over the last two weeks, the average block duration exceeded the 10-minute objective.  The 300 Eh/s hash rate might be achieved in 2022. The Bitcoin (BTC) mining difficulty adjustment has lowered for the first time since November 2021, correcting 1.49 percent of the difficulty change. After six straight increases in

March 4, 2022 1 min read

Recent Law Allowed Ukraine to Accept Crypto as Legal Payment Mechanism

Kuna, a Ukrainian crypto exchange, has put up a wallet to store these coins. The rule does not indicate that Bitcoin should be regarded as legal money. Ukraine’s parliament officially legalized Bitcoin and other cryptocurrencies on February 17th. Over time they were accepted as valid means of payment and an

March 4, 2022 1 min read

After Strong Bullish Rally Bears Trying to Dominate the Crypto Market

BTC extended decline and traded below the $42,000 support level. Ethereum extended decline below the $2,800 support zone. Bitcoin began a downward reversal against the US Dollar, trading below $42,000. BTC must stay above $40,000 to avoid a trend reversal. Bitcoin price failed to stay above the $43,000 support zone. 

March 4, 2022 1 min read

Ukraine Cancels Recently Announced Airdrop Following Fraudulent Activities

Etherscan identified a bogus airdrop that had already begun. Ukraine’s contribution wallet is said to have received $40 million in crypto donations. On Wednesday, Fedorov notified the Ukrainian public that the nation has chosen to postpone an airdrop for crypto donors announced on Tuesday and intended to raise additional money

March 4, 2022 1 min read

Volume of Crypto Purchased in Rubles Falls by 50% Across Prominent Exchanges

Binance has rejected demands to restrict Russian citizens’ accounts. the trade volume of ruble-denominated crypto was barely $34.1 million on March 3. Despite claims that Russia would use digital assets to evade sanctions, data from blockchain-analysis companies reveal that Russian crypto purchases and trade on major exchanges have decreased. In

March 4, 2022 1 min read

Major Coins Turn Red After Brief Bullish Rally Starts Reversing

Bruno le Maire claims that sanctions on Russia have been quite successful. Bitcoin and Ethereum are both down 4% in the last 24 hours. On Thursday morning, Bitcoin lost some of its gains, but not before it had run for three days in a row. In the last three days,

March 3, 2022 1 min read

Russians Who Oppose Current Military Action Urged to Make Donations in Crypto

Muntyan is well-known for his backing of opponents of the Russian President. Russia’s Prosecutor General’s Office issued a formal warning. Even as the West worries about Russia’s possible use of cryptocurrencies to avoid sanctions, some Russians are using their Bitcoin (BTC) to aid the people of Ukraine. As Russia continues

March 3, 2022 1 min read
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