Bitcoin is currently sitting at around 45% below its all-time high, but on-chain metrics are still strong, signalling increased adoption. On-chain data during February shows that the market sentiment for Bitcoin is positive, with addresses with a non-zero balance of Bitcoin reaching an all-time high. Non-zero BTC addresses reach ATH The wallets with positive Bitcoin …
Continue reading “Non-zero Bitcoin addresses reach an all-time high of over 40 million”
Block, formerly Square, has reported its gross profits for the last quarter of 2021. The profits reached $1.18 billion, a 47% increase from the same period last year. Block is a company founded by Jack Dorsey, the former Twitter CEO. The company focuses on Bitcoin and blockchain technology. Block is also the firm behind CashApp, …
Continue reading “Block reports $4.42 billion in revenues in 2021”
Quick take: The UK government will introduce a bill to crack down on dirty money in the country Once passed, foreign owners of property in the UK will have to reveal their real identities The bill is part of PM Johnson’s sanctions against Russia and its elite The UK government could soon have powers to …
Continue reading “UK To Crack the Whip on ‘Dirty Money’ To Tame Corrupt Elites”
As the war in Ukraine continues, Bitcoin and the rest of the crypto market, including Ethereum, has been highly correlated to the traditional market. With the S&P 500 and Nasdaq opening cautiously upwards, bitcoin has once again spiked and is trading above $41,000. The correlation to traditional markets seems broken, at least for the moment. …
Continue reading “Bitcoin hits $41k as Russian ruble plummets in value”
Recent indications have emerged that not only private businesses are betting big on the metaverse; authorities around the world have also become piqued with the space. South Korea’s Ministry of ICT, Science, and Future Planning has pledged $186.7 million (223.7 billion KRW) to create a metaverse ecosystem. The ministry announced this in a recent official …
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Cardano founder Charles Hoskinson will speak at the Inevitable World Summit (IWS) on March 1 at 11:00 AM GMT. General Admission passes usually cost $297, but the official Cardano Telegram channel is giving away free passes for the first 1,000 sign-ups at: https://www.inevitablesummit.com/tickets/?coupon=GIFT2ADA Source: Cardano Telegram Channel Hoskinson will present a talk on the future …
More and more people are donating to the Ukrainian side of the conflict since Russia’s decision to invade the neighboring country. Most of these donations are funneled through traditional means of fundraising and donations, but significant amounts of funds are also coming in via crypto payments. As reported by CryptoSlate on Friday, while Ukraine’s Ministry …
Continue reading “Polkadot’s Gavin Wood to donate $5M to Ukraine, if they post a DOT address”
Crypto is being touted as a workaround for Russia after being excluded from SWIFT. The international community moved to ban several Russian banks from the payment system in a bid to impose monetary restrictions. Peer-to-peer networks bypass traditional intermediaries, leading to a gaping hole in this strategy. In response, Ukraine’s Deputy Prime Minister Mykhailo Fedorov …
The head of a leading South Korean cryptocurrency exchange has recently promised that its non-fungible tokens featuring the world-famous K-pop band BTS will be minted by “low carbon, eco-friendly” technology after receiving backlash from environmentally conscious young fans about the energy use of NFTs. Wait a minute, environmentally conscious people. NFTs and the metaverse are …
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The vice prime minister of Ukraine has asked all major cryptocurrency exchanges to freeze accounts of all Russian users. However, some crypto exchanges have already denied the request. Binance confirmed it is “not going to unilaterally freeze millions of innocent users’ accounts” while Kraken says it is “not really a viable business option for us.” …
Bitcoin and ethereum prices rebounded on Monday, after declining throughout the weekend. As the Russian invasion of Ukraine heightened, crypto traders appeared to take a risk-off approach this weekend, however some bulls seemed to return to start the week. Bitcoin Bitcoin ended two consecutive sessions of decline to start the week, as the world’s largest …
Continue reading “Bitcoin, Ethereum Technical Analysis: ETH, BTC Rebound After Weekend Selloff”
Amid the conflict in Ukraine with Russia, bitcoin trade volumes tied to Russian ruble pairs have surged in recent days. Metrics recorded by the crypto analytics provider Kaiko indicate that ruble (RUB)-denominated bitcoin volume reached close to 1.5 billion rubles four days ago, on February 24. Data also shows that bitcoin-ruble pairs saw a significant …
press release PRESS RELEASE. February 2022: Leading Crypto service comparison site Cryptowisser, announces its Crypto Carbon Footprint list. The list ranks how sustainable the top 100 cryptocurrencies are and is based on the research of a Swedish team of sustainability experts. The list ranks each coin of how a typical transaction affects the environment through …
Gabe Newell, founder and CEO of Valve, a popular company in the PC gaming market, has revealed his take on crypto and NFTs when applied to games. In an interview with gaming media, Newell validated the NFT technology that makes it possible to create these digital representations. However, he also stated that the actors in …
Continue reading “Valve CEO Gabe Newell Praises NFT Technology, Criticizes Bad Actors”
A closely followed crypto strategist says Ethereum competitor Solana (SOL), Axie Infinity (AXIE) and one low-cap altcoin are all beginning to carve out their bottoms. Pseudonymous analyst Altcoin Sherpa tells his 169,300 Twitter followers that he believes Solana and blockchain-based gaming platform Axie Infinity are already trading close to potential bullish reversal areas after going …
