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The current Bitcoin surge has been primarily linked to political turmoil. Bitcoin is down 2.27% in the last 24 hours. Despite a solid start to the week, the price of Bitcoin has now dropped to $43,500, still a gain of 24 percent on the weekly charts. The Russia-Ukraine conflict is
Zhao is the 14th wealthiest person globally, with a fortune of $96 billion. Russia’s inflation rate rose this week as the Rouble value dropped to record lows. To avoid “beating up” regular Ukrainians, the wealthiest cryptocurrency tycoon in the world allegedly disregarded Ukraine’s direct request to remove all Russians from
Crypto airdrops are often used to distribute free digital currency tokens. This week has seen a steady increase in long holdings in Bitcoin. A growing amount of short bets were reversed after Bitcoin jumped to $44,000, according to statistics from Coinglass. As the Russia-Ukraine war has grown in popularity, so
Over the next several months, Griffin intends to include crypto assets. The billionaire investor said ETH would ultimately replace Bitcoin. It’s expected that Citadel, a prominent American hedge fund and financial services provider, would begin operating in the cryptocurrency market in 2022. According to Ken Griffin, founder of Citadel, markets
Cambridge University starts a new crypto research project and studies. Panthers with the IMF and the BIS for the research project. Goldman Sachs, Visa, Mastercard also play a major role in the project. The crypto industry has become a vivid entity which can never ever be banished off. Crypto ought
US corners and blocks all sorts of crypto based services for Russia. The US asks crypto exchanges to ban services to Russia . BTC and ETH on the rise. It’s almost going to be one whole week ever since Russia waged war on Ukraine. Day by day things are getting
The United States and Europe have agreed to suspend Russian banks from SWIFT. BTC and Ethereum (ETH) have soared by more than 10% in the previous 24 hours. The previous 12 hours have been blissful for cryptocurrency investors, as digital currencies rallied dramatically on Monday evening. According to CoinMarketCap, the
The Rouble fell to record lows yesterday, raising worries of a banking collapse. According to the statistics, the fastest-growing wallets have considerable balances. Western sanctions have targeted Russia’s government and the rich elite, and the number of blockchain wallet addresses containing more than 1,000 bitcoin (approximately $43 million) has risen
Israeli authorities believe Hamas is funding its army with vast sums of crypto. The Israeli-Palestinian conflict has been related to crypto accounts before. Al-Mutahadun exchange-linked entities have had 30 crypto accounts confiscated by Israel’s Defense Ministry. Twelve exchange accounts related to Hamas’s crypto wallets have been identified as the source
The Russian market is supposedly Binance’s second-largest market behind Turkey. Leaving Russia might be terrible for major global exchanges like Binance. Ukrainian officials have asked for sanctions on Russian cryptocurrency holdings as the West continues to impose sanctions on Russian banks after Russia invades Ukraine. In a Sunday tweet, Ukraine’s
