Bitcoin declines with US stocks as nuclear threat ripples through markets

Bitcoin (BTC) bulls saw no relief at the Wall Street open on March 4 as the $40,000 support appeared on the horizon. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: Markets “shaky,” but BTC could bounce Data from Cointelegraph Markets Pro and TradingView revealed new March lows of $40,551 for BTC/USD on Bitstamp, taking two-day losses …

Bitcoin Price Prediction: BTC/USD Faces Fresh Support At $40,000

Bitcoin Price Prediction – March 4 The Bitcoin price prediction shows BTC sliding towards the downside as the cryptocurrency touches the $40,621 low. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $48,000, $50,000, $52,000 Support Levels: $35,000, $33,000, $31,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is dropping with another loss of …

Bitcoin (BTC) Price Prediction: BTC/USD Struggles above $40K as Bitcoin Falls Marginally

BTC Price Faces Stiff Rejection at $45K as Bitcoin Falls Marginally – March 4, 2022 For the past three days, BTC/USD has been declining after reaching a high of $45,570 as Bitcoin falls marginally. The downtrend has reached a low of $40,962 as the BTC price consolidates above the current support. The uptrend will resume …

Leading South Korean exchanges to block Russian users

Some of the largest cryptocurrency brokerage firms in South Korea are reportedly blocking the IP addresses of Russian users. These exchanges are joining the US and other Western countries on imposing sanctions against Russia. The move comes amid growing concerns that the effects of the imposed sanctions will not be felt if sanctioned individuals and …

The Sandbox tops 2 million users amid a partnership with K-Pop group

The music and entertainment sector has been pushing hard with its cryptocurrency plans. This week alone, some of the leading players in the music industry have made significant moves in the non-fungible token (NFT) and virtual world. K-Pop partners with The Sandbox The K-Pop group has been active in the cryptocurrency space since 2021. The …

Citadel’s Ken Griffin Admits He Was Wrong About Crypto

Quick take: Billionaire founder of Citadel Securities has changed his mind about cryptocurrencies Mr. Griffin admitted that he had not made the right call on crypto over the last 15 years Citadel Securities is considering an offering of cryptocurrencies to institutions and investors Ken Griffin, the Billionaire founder of Citadel Securities, has changed his mind …

EU, US Concerned Russia May Use Crypto to Avoid Sanctions

Quick take: Officials in the EU and US have expressed concerns that Russia might use cryptocurrencies to evade sanctions The EU is taking all measures to guarantee that digital assets will not be an alternative for Russia amidst sanctions US Senators have asked Treasury officials, how they are overseeing digital assets in the wake of …

“6 RINGS” early adopter wants 156,400% mark up on Michael Jordan NFT

On Thursday, NBA legend Michael Jordan dropped his first NFT collection via the Heir platform. Called the “6 RINGS“, token holders get access to Heir experiences and exclusive benefits. “This limited edition NFT grants collectors early access to upcoming experiences launching on HEIR, along with other exclusive perks and benefits.” 6 RINGS NFT collection sell …

Katy Perry to drop second NFT collection on Theta

More and more celebrities are jumping on the NFT train. Following the successful launch of her debut NFT collection in December of last year, global pop superstar Katy Perry is releasing a second collection of NFTs today on Theta Network. The collection will look back to her 2017-2018 Witness Tour. The drop will take place …

The Sandbox season 2 launches, hitting 2M users and entering bearish domination

The Sandbox launched its Alpha Season 1 in late 2021 and captured great attention immediately. Since then, it became the second most searched NFT worldwide, was included amongst the most critical projects to look out for in 2022, and played the central role in turning virtual real estate to be most traded NFTs. Today, The …

Coinbase says it will ban Russian users from its platform only if required by law

Coinbase will not be instating sanctions against its Russian users, its CEO Brian Armstrong said earlier today. Armstrong addressed the ongoing issue of banning Russian citizens from accessing cryptocurrency exchanges, saying that Coinbase won’t be preemptively banning Russians its platform. “Some ordinary Russians are using crypto as a lifeline now that their currency has collapsed. …

Ethereum blasted as “trojan horse for tyranny” following MetaMask scandal

MetaMask users in Iran and Venezuela reported problems with completing transactions yesterday. It later emerged that affected users were deliberately blocked for “legal compliance” reasons. This is possible because MetaMask uses an API or gateway service through Infura. Like MetaMask, Infura is also owned by Ethereum developers ConsensSys, following its acquisition in October 2019. “Infura …

Technical Analysis: ANC Captures Friday’s Largest Gains, as WAVES up Nearly 100% in the Last Week

Anchor protocol and WAVES were some of Friday’s biggest gainers, as crypto markets mainly traded lower at the end of the week. At the time of writing, the global cryptocurrency market cap has dropped over 4%, with GALA and MKR, the day’s biggest decliners. WAVES WAVES extended its recent streak on Friday, as the world’s …

South Korean Crypto Exchanges Restrict Russians’ Access Over War in Ukraine

Major South Korean cryptocurrency exchanges have introduced restrictions for Russian users, effectively joining western sanctions over Moscow’s military invasion of Ukraine. The measures include blocking IP addresses originating from the Russian Federation. Largest Korean Exchange May Deny Withdrawals From Russia Several crypto trading platforms in South Korea, including the country’s largest, are banning access from …

Bitcoin, Ethereum Technical Analysis: BTC Approaching $40,000 Support on NFP Day

Following three consecutive sessions of declines, BTC was fast approaching its support level of $40,000 on Friday, as markets prepared for February’s nonfarm payrolls report. This came as ETH also fell lower, and is approaching its own floor of $2,500 in the process. Bitcoin BTC bulls have been few and far between over the last …

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