Day: March 10, 2022

Here’s Why Russian-Issued MasterCard and Visa Cards Are Now Unusable on Binance Crypto Exchange

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Crypto exchange Binance says that MasterCard and Visa cards issued in Russia cannot be used on its platform after the payments giants decided to suspend their operations in the sanction-hit country. In a statement, the exchange says that Russian-issued MasterCard and Visa cards will not work on Binance starting Wednesday, March 9th. “Effective Wednesday, 2022-03-09 21:00 UTC (Thursday, 2022-03-10 00:00 UTC+3) – due to recent decisions by Visa and Mastercard – all transactions initiated with Mastercard and Visa cards issued in Russia will be unavailable on Binance. In addition, all…

Bitcoin spoofs $40K breakout as US CPI inflation data conforms to 7.9% estimates

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Bitcoin (BTC) turned back time to February on March 10 as the latest U.S. inflation data sparked a bout of volatility. BTC/USD 1-minute candle chart (Bitstamp). Source: TradingView Wheat gives Bitcoin a run for its money Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reacting strongly to February’s Consumer Price Index (CPI) readout. Despite matching forecasts at 7.9%, the print saw Bitcoin stage a smaller version of last month’s reaction, with a breakout above $40,000 followed immediately by a trip to 24-hour lows. At the time of writing, Bitcoin…

Crypto Prices Fall Lower as Markets Continue to Digest Biden’s Executive Order – Market Updates Bitcoin News

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Less than 24 hours after U.S. President Biden’s executive order, cryptocurrency markets were back in the red, as the global market cap fell by over 5%. Bitcoin was once again trading below $40,000, with ETH hovering marginally above $2,500. Bitcoin As the smoke clears following yesterday’s executive order, crypto traders seem to be coming to terms with what this announcement could mean for the space long-term. The world’s largest cryptocurrency is currently down by over 7% on Thursday, wiping out all of yesterday’s gains. Following Wednesday’s peak of $42,465.67, BTC/USD…

What do Bitcoiners, politicians and financial experts think?

Rising prices are grabbing headlines all over the world. Across the pond in the United States, inflation recently broke a 40-year record. The situation is severe in Europe, with prices rising over 5% across the Eurozone and 4.9% in the United Kingdom.  While prices rise, Bitcoin (BTC) is flatlining at around $39,000. It poses many questions: Is Bitcoin an effective hedge against rising prices, what role can Bitcoin play in a high inflation environment and did Bitcoiners know that inflation was coming? Experts from the world of Bitcoin, finance and even European…

Okcoin launches $165M collective investment to push Bitcoin adoption

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Cryptocurrency exchange Okcoin, along with the Stacks Accelerator and Stacks Foundation, announced on Thursday the start of the “Bitcoin Odyssey,” a one-year commitment among investment firms to invest $165 million in inventive solutions to help drive Bitcoin (BTC) adoption. The Bitcoin Odyssey is funded by Digital Currency Group, GBV Capital, White Star Capital and GSR, among other organizations, to respond to the rise in interest in decentralized finance (DeFi) and new technological capabilities made possible with Stacks. Alex Chizhik, head of listings at Okcoin, and Kyle Ellicott, partner at Stacks…

My Top 10 Crypto's to invest in (2022 Crypto Strategy)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io I dedicated the previous days into looking at which cryptos are more likely to boom and 100x in the next few months which allowed me to have these 10 cryptos I will be focusing on and investing in for the whole of 2022 , I believe this video is for those that would love to get into the crypto world and 10X their investment in the long term game. Click the link to Register on Coinbase: Click the link to Register on…

South Korea Has A New President

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Yoon Suk-Yeol, a conservative presidential contender, has officially been elected as the new president of South Korea. According to news reports, Yoon of the People Power Party defeated his politically progressive opponent, Lee Jae-Myung, by less than 1%. In South Korea, cryptocurrency dominated the election discourse, with both candidates launching NFTs connected to their campaigns. They have acquired popularity among the younger, more crypto-enthusiastic public because of their pro-crypto viewpoints, which contrast with former president Moon Jae-ban In’s stance on bitcoin exchanges. Bitcoin-Friendly President Of South Korea Throughout his campaign,…

Estonian Prime Minister Calls for Restriction of Cryptocurrencies – Regulation Bitcoin News

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The Prime Minister of Estonia has said cryptocurrencies must be restricted in order to address loopholes that may be used by sanctioned Russian entities to evade the punitive measures. In addition, the premier wants all Russian as well as Belarusian banks to be removed from the global payment network. Sanction Evasion Concerns The Estonian prime minister, Kaja Kallas, has told U.S. Secretary of State Antony Blinken that cryptocurrencies must be “restricted” in order to deny Russia the opportunity to evade recently imposed sanctions. Prime Minister Kallas’ comments, published by Reuters,…