Crypto news

The past week was riddled with volatility, largely induced by the geopolitical turmoil. Russia declared a military operation against Ukraine and invaded the country’s borders on Thursday – February 24th. In a move that shocked many and was expected by some, the two countries are actively engaged in the first war in Europe for quite some time. Needless to say, this shook financial markets. On Thursday, global stocks traded in the red, and this caused further mayhem in the...

BetDao is a GameFi initiative that aims to transform the online card games and the industry around it. BetDao includes a staking Decentralized Application (dApp) that allows users to earn more $BDAO tokens by staking them. Players can earn the governance token $BCHIEF by playing with their $BDAO token. The $BCHIEF token is one of a kind in that it can only be sold on Dex, not purchased. It also serves as a governance token, allowing users to have a say in the decisions...

INTERNET CITY, DUBAI, Feb. 25, 2022 – LBank Exchange, a global digital asset trading platform, will list YASHADAO (YASHA) on February 28, 2022. For all users of LBank Exchange, the YASHA/USDT trading pair will be officially available for trading at 22:00 (UTC+8) on February 28, 2022. As the crypto space grows rapidly, a large number of projects have emerged, some of which need a place to start and to be supported. Bringing a community driven incubator and launchpad to...

Ethereum has not had a good start to 2022. Its price has continued the bearish trend that started in November 2022 when its price jumped to almost $5,000. It is trading at $2,700, which is about 45% below its all-time high. In this article, we will look at the five key things to consider before buying Ethereum in 2022. Monetary policy Bankless Times has published widely about the correlation of the American monetary policy and the prices of key assets like...

Cryptocurrency trading has helped many users to make substantial profits and become very wealthy overnight. Many new users using automated trading software have set the pace for where things are today. New users entering the market today can take advantage of software like Bitcoin Profit that has been thoroughly tested for efficiency. Read more about brokers on CryptoMonday. We created this review to provide you with accurate information to help you understand how this...

Bitcoin cash price started a fresh decline from the $345 resistance against the US Dollar. The price is now trading below the $310 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $310 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to recover if there is a clear move above the $310 resistance zone in the near term. Bitcoin cash price is struggling below $310...

Amsterdam-based bitcoin mining firm – Bitfury – announced it will launch a new 28MW digital asset mining site in Ontario, Canada. The facility will launch with an operational capacity of 16MW, while an additional 12MW will be added by the end of May. Bitfury’s Next Mining Center The technology company focused on digital asset mining currently has mining sites in Scandinavia, Eastern Europe, Central Asia, and North America. According to a recent press release, it will double...

Bitcoin’s price recently soared by $2500 within one hour in light of US President Joe Biden’s comments on Russia’s invasion of Ukraine. It’s now recovered to its price since before the market panic surrounding the conflict took place. Yesterday, Bitcoin’s price collapsed from $39k to $34,500 after Russian forces began attacking Ukraine’s military infrastructure. Over $400 million in liquidations took place following the crash. The entire crypto market had declined by $200...

Mexican senator for the State of Nuevo León, Indira Kempis, has stated that she wants to make the country second after El Salvador to adopt Bitcoin. However, the chances of this actually happening are slim at best. Speaking to local media this week, she noted that she aims to promote the use of Bitcoin in the country and use her political position to achieve that goal. “We need bitcoin to be legal tender in Mexico, because if it is not so, if we do not make that decision as...

Why is bitcoin experiencing such a dip as of late? The tensions between Russia, Ukraine, and the United States may have something to do with it. Russia and Ukraine Are Having Adverse Effects on BTC Over the last few weeks, we have continuously seen news reports saying that Russia is potentially on the verge of invading and attacking Ukraine. If this were to happen, the United States has mentioned that it would impose sanctions on Russia and find necessary ways to...