Wu announced her departure on Twitter after just over a year at Coinbase’s venture arm. Source
Coinbase Ventures Lead Katherine Wu Leaves for VC Firm Archetype
Day: February 25, 2022
Will Russia Be Cut From Global Finance? (And Could It Turn to Bitcoin?)
If it were cut off, Russia could also transfer some international financial activity to crypto networks. According to Banco Santander, Russia’s import/export flows total around $570 billion annually, a volume that could be accommodated with relative ease on the Bitcoin network. According to CoinDesk data, Bitcoin processes $20 billion in on-chain transactions per day, or more than $7 trillion per year. (Total cross-border capital flows from Russia, including finance in addition to trade, are considerably larger.) Source
🔴 I AM SPEECHLESS!!!!!! / ETHEREUM AT LAST KEY LEVEL BEFORE ETH IS CRASHING!!!!!!! {ETH PREDICTION}
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🔥 BYBIT – 🎁 WIN 1 ETH, 1 BTC + $4,100 BONUS ON DEPOSIT!! THE ETHEREUM PRICE TODAY WE SEE ETHEREUM AT THE LAST KEY. WE ARE SEEI NF CRYPTO CRASHING AND SELL ORDERS COMING IN. THE SUPPORT LEVEL, WE LOOK AT IF YOU SHOULD BUY ETH RIGHT NOW, WAIT OR WILL ETHEREUM GO DOWN MORE!? I AM SPEECHLESS!!!!!! / ETHEREUM AT LAST KEY LEVEL BEFORE MASS!! SELL-OFF!!!! {ETH PREDICTION} We are currently seeing the ethereum price crash or at least an…
Bitcoin traders say $34K was the bottom, but data says it’s too early to tell
Bitcoin (BTC) price traded down 23% in the eight days following its failure to break the $45,000 resistance on Feb. 16. The $34,300 bottom on Feb. 24 happened right after the Russian-Ukraine conflict escalated, triggering a sharp sell-off in risk assets. While Bitcoin reached its lowest level in 30 days, Asian stocks were also adjusting to the worsening conditions, a fact evidenced by Hong Kong’s Hang Seng index dropping 3.5% and the Nikkei also reached a 15-month low. Bitcoin/USD at FTX. Source: TradingView The first question one needs to answer…
Weekly NFT Sales Continue to Slide, Google Trends Data Shows NFT Queries Down 45% in 30 Days – Markets and Prices Bitcoin News
Following a lackluster week that saw non-fungible token (NFT) sales slip by 29.35% last week, the last seven days of NFT sales have dropped further losing more than 7%. Out of 12 different NFT-supporting blockchains, Solana was the only gainer, in terms of NFT sales during the past week. NFT Sales Slip Lower Following Last Week’s Lackluster Market Action While cryptocurrency markets have faced extreme volatility during the last two weeks, NFT sales, in general, have felt the wrath of the storm. On February 16, Bitcoin.com News reported on sales…
Bitcoin Price Jump Faces Resistance at $40K-$46K; Support at $35K
Bitcoin (BTC) registered initial downside exhaustion signals, which typically precede brief upswings in price. Still, long-term momentum remains weak, suggesting limited upside toward the $40K-$46K resistance zone. Original
ECB Wants Quick Action on Crypto Regulation Following Russian Sanctions
The European parliament earlier today postponed a vote on a package of crypto regulations. Source
Crypto community reacts to Russia’s war in Ukraine
Russia’s military intervention in Ukraine has elicited a strong reaction from the cryptocurrency community. The news of the invasion initially sent Bitcoin (BTC) and other cryptocurrencies tumbling. The U.S. government has since responded to Russia’s invasion with stringent economic sanctions that have helped crypto prices rebound from their initial price collapse. Amid all the doom and gloom, there are a few voices of hope in the crypto community. Ethereum co-founder Vitalik Buterin, a Russian citizen, voiced vocal opposition to Russia’s invasion and said the country should not have abandoned the…
$170 Million In Futures Liquidate As Bitcoin Recovers Above $38k
Data shows more than $170 million in Bitcoin futures has liquidated over the past 24 hours as the price of the crypto makes sharp recovery above $38k. BTC Price Makes Sharp Recovery From Crash Due To Russia’s Invasion Of Ukraine Following the commencement of the Russian invasion of Ukraine yesterday, the price of Bitcoin took a deep plunge down as investors pulled out of the market. During this crash, the coin’s value went as low as $34.4k. However, today the value of the crypto already seems to have made some…
NFT Activity On Ethereum Rises While Bitcoin Demand On DeFi Falls
NFT activity is an important element in the Ethereum blockchain, accounting for most network transfers. Demand for Bitcoin in the Ethereum ecosystem has decreased dramatically since the beginning of the year. The surge in demand for NFTs and DeFi applications is helping Ethereum supporters to muffle the noise of Bitcoin maximalists who have long insisted that only the original cryptocurrency mattered most. Since the creation of the Ethereum blockchain, the case for Ether eclipsing Bitcoin has been a recurring subject in crypto. Bitcoin maximalists claim that it is still the…