Thu, February 13

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

Global Crypto Market Halts After Brief Rally Amid Russia’s Invasion

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

March 3, 2022 1 min read

Ukraine Announces Crypto ‘Airdrop’ as Part of its Fundraising Efforts

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

March 2, 2022 1 min read

Prominent American Hedge Fund Citadel Plans to Enter Crypto Market

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

March 2, 2022 1 min read

Market Rallies as Major Coins Post Double-Digit Gains in Last 24 Hours

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

March 1, 2022 1 min read

Number of Bitcoin Whales Surge as West Imposes Sanctions on Russia

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

March 1, 2022 1 min read