Crypto news

After wicking down towards $2300, ETH turned short-term bullish as the uncertainty around the Russia – Ukraine conflict faded. Both crypto and global markets soared over the past few days. As of writing these lines, ETH is testing the key resistance level at $2800. Key Support levels: $2500, $2300. Key Resistance levels: $2800, $3000. ETH will look forward to breaking above the $2800 key level and turning it into support in the near term. If successful, ETH will likely head...

The White House, alongside the European Commission, Canada, the United Kingdom, Germany, and Italy, announced in the late hours of Saturday evening that they would be expelling certain Russian banks from the SWIFT payment system. In a joint statement, the parties wrote that: “This will ensure that these banks are disconnected from the international financial system and harm their ability to operate globally.” While also pledging the […] “restrictive measures that will prevent...

Last Thursday, ADA plunged below key support; however, the Cardano native token was able to recover quickly. Since then, ADA saw a decent rebound with a long wick below the key support. Key Support levels: $0.85 Key Resistance levels: $1, $1.1 In our most recent analysis, ADA wicked below the critical support at $0.85, but it managed to reclaim it and confirm this level as support since then. This is a textbook bullish price action, but the main question is if ADA can sustain...

Amid being invaded by its eastern neighbor, which caused significant disruption to its financial networks, Ukraine and its authorities sought donations in cryptocurrencies. The community and other people responded swiftly with reports indicating that more than $13 million worth of digital assets were sent to the provided addresses. Ukraine Seeks Help in Crypto After weeks of increasing tension between the two former Soviet states, Russian President Vladimir Putin launched a...

Indian IT multinational Infosys on Thursday announced the launch of Metaverse Foundry. The new business division at the company, a global leader in digital services and IT consultancy, promises to ease and fast-track an enterprise’s ability to use emerging technologies and offer metaverse products and services. “Infosys metaverse foundry helps enterprises navigate the metaverse by partnering with them through the Discover-Create-Scale cycle,” a press release shared by the...

It looks like Russia has invaded Ukraine. The announcement was made early this week and the results are a lot of fear hanging in the air and the price of bitcoin continuing to behave in a bearish manner. Bitcoin Incurs a Major Slip The currency was ultimately doing better than it had been in previous weeks. Bitcoin had shot up to $40,000+, and after traveling south during the final two months of 2021, it appeared that maybe 2022 was going to be the time for bitcoin to...

It looks like cryptocurrency could really help with remittance payments and boost worker salaries in Africa. Study in Africa Shows the Power of Crypto A study was conducted in Nairobi, the capital of Kenya. In this nation – and several other nations of Africa – a new industry referred to as microwork has emerged over the past ten years. Microwork is the practice of breaking up large tasks into smaller ones so they can be tackled by many people at once. This is a huge...

The COVID-19 pandemic disrupted almost every single aspect of life. Since the physical contact between humans had to be reduced to a minimum, love dates and romantic activities became increasingly popular on dating applications. And while some people found their soulmates online, others turned into victims of cryptocurrency scammers who drained a significant chunk of their savings. One such example is the 33-year-old Tho Vu, who fell in love with a mysterious lover named Ze...

31-year-old Israel resident Simon Leviev – known allegedly for his notorious fraud schemes as the “Tinder Swindler” – says he has made a lot of his money through crypto investing and legitimate business ventures rather than cheating people. Leviev Explains His Side of the Story In a recent interview, Leviev says he purchased bitcoin when the currency was very young. Obviously, the asset has shot up in price since then, and it is due to these price spikes that he has...

Nayib Bukele’s administration announced that the veterinary hospital built by bitcoin profits will open on Saturday (February 26). The President revealed that each treatment will cost $0.25 worth of BTC. Not Just Daydreaming Apart from becoming the first county to embrace bitcoin as legal tender, El Salvador has also purchased the primary cryptocurrency on a macro-economic level. In October 2021, the government disclosed they will use its $4 million profit (at that time) from...