Ethereum price moves toward $3K, but pro traders choose not to add leverage

Even though Ether (ETH) price bounced over 20% from the $2,300 low on Feb. 22, derivatives data shows that investors are still cautious. To date, Ether’s price is down 24% for the year, and key overhead resistances lay ahead. Ethereum’s most pressing issue has been high network transaction fees and investors are increasingly worried that …

US Treasury Dept lists digital currencies as part of effort to sanction Russia’s government

The Treasury Department and reportedly the White House are warning U.S.-based companies and individuals not to facilitate crypto transactions sent to certain Russian nationals and banks. According to regulations from the Treasury Department’s Office of Foreign Assets Control scheduled to go into effect on March 1, U.S. residents may not use digital currencies to benefit …

Ethereum Upgrade Ahead of Schedule, Russian Sanctions Hit Markets, BTC, CRO, Feb. 28

ETH years ahead with upgrade. Sanctions cause market turmoil. JP Morgan sees no ‘crypto winter’. Lagarde and Bankman-Fried talk regulation. ETH The Ethereum price was up 1.40% on the week despite the market being rocked by Western sanctions on Russia. A decision to remove Russian banks from the SWIFT payments system has seen a crash …

Bitcoin Price Prediction: BTC/USD Swings Above $40,000 Resistance

Bitcoin Price Prediction – February 28 The Bitcoin price prediction shows that BTC may restart the uptrend after touching the daily high of $41,995. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $48,000, $50,000, $52,000 Support Levels: $32,000, $30,000, $28,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD looks green today as the …

Terra (LUNA) gains 70% in 7 days, overtaking Cardano and Solana by market cap

While the crypto market remains highly volatile amid the ongoing armed conflict between Russia and Ukraine, Terra (LUNA) swiftly moved against the crowd and surged by more than 70% over the past seven days. At press time, LUNA was trading at $85.83, up 15.3% on the day, according to CryptoSlate data. On the weekly chart, …

Evmos delays mainnet launch, increases token allocation for upcoming rektdrop

Evmos, the first IBC-compatible EVM-based chain on Cosmos, has delayed the launch of its mainnet. Scheduled for February 28th, the launch was moved to Wednesday, March 2nd, and will take place at 6 PM UTC. To appease the Evmos community, which has been anticipating the launch for months, the network has increased the number of …

Minecraft gets web 3.0 integration via NFT Worlds mod

Crypto gaming project NFT Worlds has added a blockchain layer modification on top of Microsoft’s massive sandbox videogame Minecraft, to allow users to access Web 3.0 features. NFT Worlds is a metaverse project built on third-party Minecraft servers with a Polygon-based overlay. Minecraft’s software is open source and allows anyone with the technical know-how to …

US Inflation Could Be Worse Than Expected, Goldman Sachs Says — Atlanta Fed President Favors 25 BPS Rate Hike

While the conflict in Ukraine is a hot topic, fears of rising inflation continue to haunt Americans residing in the country, as economists and analysts note U.S. inflation will likely remain high. Inflation is likely going to be worse than initially feared this year, Goldman Sachs explained in a report published on Sunday. Moreover, in …

Moledao Kicks off Global NFT Hackathon With Exclusive NFTs

press release PRESS RELEASE. Moledao presents MoleHack: NFT 2.0 – a global challenge to discover new innovations in the NFT space. In partnership with Bybit, Polygon, BitDAO, iZUMi Finance, Project Galaxy, thirdweb, buildspace, L2Y, Web 3 Collective and more, the hackathon has over $80,000 grants and prizes in total for builders to win. In conjunction …

Ebay CEO Talks NFTs and Crypto, Exec Says Company Continues to ‘Evaluate Other Forms of Payments’

The president and chief executive officer of Ebay, Jamie Iannone, discussed the possibility of digital currency acceptance on the online auction website and non-fungible token (NFT) sales in a recent interview published on February 27. Iannone stressed that currently, Ebay doesn’t accept cryptocurrencies but in March, the company plans to go “deeper on all of …

Russian Bank Run Begins as Ruble Plunges to Record Low Amid Escalating Sanctions

A bank run has started in Russia as citizens rush to withdraw cash amid escalating sanctions. The Russian ruble also nosedived to a record low, plunging more than 30%. “There are about 70 people in line. Eyewitnesses say the money in the ATM runs out within 40 minutes.” Russians Rush to Withdraw Cash as Sanctions …

Technical Analysis: LUNA Leads Crypto Rally, ANC Slips Under Bearish Pressure

On Monday, terra (LUNA) rose for its 8th session in nine days, as its value increased by close to 60% over the last week. Anchor (ANC), on the other hand, was lower after climbing by almost 50% in the same period. Biggest Gainer Terra (LUNA) has been one of the standout performers in cryptocurrency markets …

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