Crypto news

Bitcoin has surprised everyone once again. Last week, things seemed very bearish for risk assets as the Russian invasion started, followed by a massive collapse of the global markets and Bitcoin. Bitcoin’s price dropped rapidly, even breaking below the $36K level. However, demand came in, and the price was quickly pushed back above the mentioned support and rallied towards the $45K zone. Technical Analysis By: Edris Long-term: The Daily Chart The 50-day moving average was...

Bitcoin trading volumes against the Russian ruble reportedly soared to the highest level in almost a year. At the same time, those employing Ukraine’s hryvnia reached October 2021 heights. The Result of the Embargoes? NATO and the EU are still standing away from a direct military conflict and vowed not to send troops to Ukraine. However, they imposed severe monetary sanctions on Russia, aiming to destabilize it and cut its financial connection with the Western world. The...

Press Release: Unique NFT project Tezotopia and Las Vegas entrepreneur Gavin Maloof are building a Virtual Vegas Metaverse called Meztopia, set to launch Q3, 2022. 1st March 2020, San Jose, Costa Rica —  Las Vegas titan and entrepreneur Gavin Maloof has teamed up with the hit blockchain game Tezotopia to create the ‘Entertainment Capital of the Metaverse’ in a project known as metaverse Metzopia, launching on the Tezos Blockchain. The Virtual Vegas Billed as the Virtual...

[PRESS RELEASE – Please Read Disclaimer] The exciting battle among crypto founders, NBA players, and poker pros will be live-streamed from Las Vegas on March 3, 2022. [embedded content] Miami, 1st March 2022: StormX, the leading Crypto Cashback provider, announces the player lineup for its first invite-only poker tournament with its newest partner, Las Vegas-based PokerGO®. The tournament, which will be held at the PokerGO Studio in Las Vegas, on March 3, starting at 3 p.m....

The Defense Ministry of Israel reportedly seized 30 digital wallets belonging to businesses associated with the exchange company al-Mutahadun. The authorities accused the latter of funding the terrorist organization Hamas. Israel’s Latest Seizure In 2021, al-Mutahadun was one of the firms designated as a terrorist-funding entity by Israeli officials. Specifically, they claimed that the Shamlah family-owned company “assists the Hamas terror group, and especially its military...

American multinational e-commerce giant eBay is eyeing to integrate crypto payments. In a recent interview, CEO Jamie Iannone said the firm might leap very soon. Primarily, eBay wants to capture the GenZ and millennial audiences. Appealing to the Younger Generation eBay is one of the oldest e-commerce corporations. It was founded in 1995. In an exclusive interview with The Street, Iannone said the official announcement for the much-anticipated crypto integration platform...

The bitcoin agenda in El Salvador has produced some unexpected side effects. The country is experiencing a huge boom in tourism thanks to its newfound love of crypto. El Salvador Is Seeing a Lot More Visitors El Salvador announced last year that it was going to make bitcoin legal tender. It was the first nation to do so, and right now, someone can walk into a store or organization and purchase items and services with digital currency along with fiat. While the use of...

The Russian ruble has lost significant value against both dollars and Bitcoin following sweeping sanctions from western nations, and the cutoff of major regional banks from SWIFT. Citizens are now flooding local ATMs with cash withdrawal requests while the Bank of Russia urges for calm. Ruble in ‘Free Fall’ After the markets opened on Monday, the dollar spiked to over 108 rubles, compared to just 83 rubles the week prior. Bitcoin is also soaring against the falling currency,...

The world’s leading digital asset exchange – Binance – does not intend to freeze the accounts of Russian-based individuals, a spokesman for the platform revealed. He further argued that “crypto is meant to provide greater financial freedom,” and such a move could oppose the concept of the industry. In-Line With Kraken Russia’s “special military operation” in Ukraine seems nowhere near an end as the tension between the two countries keeps escalating. As of the moment, the USA,...

Analysts are convinced that Russia may utilize cryptocurrency to avoid sanctions recently imposed due to its attack on Ukraine. What Will Russia Do with Crypto? Last week, the U.S. imposed sanctions on Russia for its invasion of Ukrainian territory, but many industry experts believe that these sanctions aren’t going to go anywhere, and that Vladimir Putin could potentially turn to digital assets to avoid whatever’s been imposed on his nation by the American government....