Bitcoin recorded its largest single-day pump in a year as the Russian ruble tanked 20% in its value against the dollar amidst worldwide economic sanctions imposed in the country after their attack on Ukraine. Sanctions Pump Bitcoin The most influential countries in the world have imposed penalties on Russia aiming for its economic collapse to stop Putinโs efforts to invade Ukraine. However, it is not only politicians who are threatened by penalties but common citizens. State Duma deputy from the Communist Party Nikolai Arefiev commented to a local news portal…
Day: March 1, 2022
Chinaโs Potential SWIFT Competitor CIPS Lacks Reach; Bitcoin, Ether Rise Again
At the time of publication, bitcoin was trading at about $44,200, up about 3% over the past 24 hours. Ether, the second largest cryptocurrency by market cap, was changing hands at a little below $3,000, a more than 2% increase. Almost all other altcoins in the CoinDesk top 20 by market cap were trading higher with SHIB and SAND both up about 5%. Source
How to Become a Blockchain Developer with Full Information? โ [Hindi] โ Quick Support
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Hereโs a clever options strategy for cautiously optimistic Bitcoin traders
Bitcoin (BTC) entered an upward channel in early January and despite the sideways trading near $40,000, order book analysts citedย “significant buying pressure”ย and noted that the overall negative sentiment might be heading towards exhaustion. Bitcoin/USD price at FTX. Source: TradingView Independent analyst Johal Miles noted that BTC’s price formed a bullish hammer candlestick on its daily chart on Jan. 24 and Feb. 24, hinting that the longer-term downtrend is close to an end. However, the rally above $41,000 on Feb. 28 was unable to create strong demand from Asia-based traders, as…
Short Traders Decimated As Bitcoin Barrels Past $43,000
Bitcoin has surprised the market with its recent surge. The digital asset which has been struggling below $40,000 for the past week made a break for it with an incredible rally that saw its peak above $44,000. It took the market by surprise and no doubt the traders as liquidations have been the order of the day. Short traders have gotten the short end of the stick as they see hundreds of millions liquidated in the past day. Bitcoin Liquidations Run Amok Short traders have been dominating the market for…
Data Shows Ruble-Denominated Crypto Trading Has Spiked, RUB Represents Over 2% of USDT Trades โ Markets and Prices Bitcoin News
According to reports and data stemming from ruble-denominated crypto trading pairs, Russian citizens are flocking toward cryptocurrencies amid the conflict in Ukraine. Analytical data indicates that the ruble is the sixth most traded pair with tether and tetherโs fourth most traded fiat-denominated pair globally excluding two crypto assets. Report Highlights Russian Rubles Pouring Into Tether, Data Shows Binance RUB-Denominated Crypto Trading Pairs Spike 24 hours ago, Bitcoin.com News reported on ruble (RUB)-denominated crypto volumes increasing and further investigation shows the trend has continued. According to a report published by vice.com…
NFT Artist Pplpleasrโs New Project โShibuyaโ Brings Long-Form Animation to Web 3
Itโs Kickstarter meets Netflix, but on the blockchain. The pilot episode for Shibuyaโs inaugural โWhite Rabbitโ series drops on Wednesday. Source
Bitcoin Soared 20% In Two Session With Crypto Demand As Haven
With the price of Bitcoin climbing again, itโs not surprising that other cryptocurrencies are jumping too. As an investment vehicle and possible way around sanctions in Russia or elsewhere-this could be very interesting. This week, the cryptocurrency has been on an unstoppable rise, with prices climbing 8% in NY trading hours and over 20% in just two sessions. At one point, it overtook Bitcoinโs market value at $44,964 per coin, bringing its total capitalization above $840 billion. Related Reading | Bitcoin Breaks Above 50-Day SMA, Will BTC Ride It Out…
Raoul Pal Ethereum – When Should You SELL? Biggest Opportunities In The Crypto Market (2022)
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Raoul Pal Ethereum – When Should You SELL? Biggest Opportunities In The Crypto Space (2022) Macro Investor Raoul Pal in his latest shares where he thinks the Crypto Market is at and what he expects for Bitcoin & Ethereum in 2022. ๐ฅ Earn up to $250 in crypto when you signup and start earning passive income with BlockFi! ๐ What I use to keep my crypto secure! If youโve been in the Crypto space long enough, you would know that Macro Investor…
Crypto dealer SFOX gets trust charter approval from Wyoming regulators
The State of Wyoming has approved California-based crypto broker SFOX for a trust charter, allowing the firm to provide custodial and other crypto-related services to institutional clients. In a Tuesday announcement, SFOX said the Wyoming trust charter will allow the firm to operate in the state as the SAFE Trust Company, offering services to institutional clients, private clients, and advisers. According to the company, SAFE will โserve in a variety of fiduciary rolesโ including direct trustee, discretionary trustee, trust advisor, and protector. โThe new charter will enable us to provide…