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daily crypto news, updates, analysis

[crypto-news-update]

Russian Crypto Buyers Face Whopping Premiums Amid Economic Crash

Russian Crypto Buyers Face Whopping Premiums Amid Economic Crash

Russians are exchanging RUB. Source: a video screenshot, ITV News / YouTube   As Russia continues its invasion of neighbor Ukraine, the Russian markets are spiraling out of control, and an increasing share of the country’s population is seeking financial refuge in cryptoassets. This is reflected in the sky-high premiums for those who wish to exchange RUB into bitcoin (BTC) via peer-to-peer…

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Just-In: Crypto Market Cap Crosses $2 Trillion As Russia-Ukraine Conflict Boosts Adoption

Just-In: Crypto Market Cap Crosses $2 Trillion As Russia-Ukraine Conflict Boosts Adoption

Crypto market capitalization crossed the $2 trillion mark for the first time in two weeks, helped largely by speculation over growing adoption due to the Russia-Ukraine conflict. The market has now recouped its losses made during initial jitters over the invasion. Russia-Ukraine Conflict Boosts Crypto Adoption Preliminary talks between Russia and Ukraine, although largely inconclusive, had also…

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Polkadot and Tron Founders Beseech Ukraine to Accept Their Native Tokens as Donations  -

Polkadot and Tron Founders Beseech Ukraine to Accept Their Native Tokens as Donations –

It’s getting to be a status thing. This weekend, the official Twitter account of the government of Ukraine tweeted out a bitcoin address and one Ethereum, too, and asked for donations to support the nation’s defense against Russia.  Subsequently, blockchain scions like Polkadot’s Gavin Wood and Tron’s Justin Sun petitioned government officials to accept their chain’s respective native tokens.…

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Alleged Bitfinex Crypto Exchange BTC Launderer Morgan Seeks ‘Plea Deal’

Alleged Bitfinex Crypto Exchange BTC Launderer Morgan Seeks ‘Plea Deal’

Heather Morgan. Source: a video screenshot, Web3 | NFT News, Crypto & Metaverse / YouTube   Half of the husband-and-wife duo that has been charged by American prosecutors with attempting to launder a monster bitcoin (BTC) allegedly raided from the crypto exchange Bitfinex in a 2016 hack is talking to the authorities about a possible “plea deal.” CNBC reported that a federal prosecutor told a…

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Ripple Vs SEC: Why SEC Wants ‘Estabrook Notes’ Out Of The Ripple Lawsuit?

Ripple Vs SEC: Why SEC Wants ‘Estabrook Notes’ Out Of The Ripple Lawsuit?

The Ripple lawsuit between US’s SEC and Ripple has come to the make or break point. Reports suggest Ripple wants to disclose all the evidence and events related to the case, on the other hand, SEC is trying to delay the proceeding or verdict of the case. Ripple CEO, Brad Garlinghouse, filed a response to the SEC’s opposition to produce ‘Estabrook Notes’ in court. After the revelation of two legal…

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Ukraine Adds More Crypto Options, 'Teases' Airdrop; Platform Selling NFTs for USD 10

Ukraine Adds More Crypto Options, ‘Teases’ Airdrop; Platform Selling NFTs for USD 10

Central streets in Kharkiv after shelling by Russian occupation troops today. Source: Twitter/@nexta_tv   In an attempt to further bolster its fundraising campaign, Ukraine is opening up more crypto options for global donors – and has also intrigued the crypto community by mentioning an airdrop. Furthermore, a digital platform has launched a non-fungible token (NFT) collection with the goal of…

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Bitcoin’s Value Remerges as Russian Invasion Spurs 6% Premium on BTC-Ukrainian Hryvnia Trade -

Bitcoin’s Value Remerges as Russian Invasion Spurs 6% Premium on BTC-Ukrainian Hryvnia Trade –

Wildly divergent spreads used to be a staple in Bitcoin trading, with savvy traders raking in profits by playing the arbitrage between the pricing on different exchanges, especially in Asia.  Now a 6% premium for BTC has emerged on a trading pair with the Ukrainian hryvnia (UAH), the nation’s currency, as Russia’s invasion of its smaller neighbor roils the crypto markets and burnishes Bitcoin’s…

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U.S. Includes Crypto In Russian Sanctions, Warns Exchanges

U.S. Includes Crypto In Russian Sanctions, Warns Exchanges

The U.S. Treasury Department said that recent sanctions levelled  against Russia will include checks on digital currencies, with effect from March 1st. The White House also warned major crypto exchanges against transacting with sanctioned entities. In an executive order set to be formally published later in the day, the government states that it will take action against anybody bypassing…

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Massive Buying: Bitcoin (BTC) Shoots 15%, Top Ten Crypto Register Double Digit Gains

Massive Buying: Bitcoin (BTC) Shoots 15%, Top Ten Crypto Register Double Digit Gains

The crypto market has completely reversed its trajectory after a week of correction and consolidation. Massive buying has ensued in the broader cryptocurrency market over the last few hours with Bitcoin (BTC) posting a solid 15% plus gains. As of press time, Bitcoin is trading at $43,219 levels with a market cap of $819 billion. Bitcoin has been recently at the center stage of the Russia-Ukraine…

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Bitcoin Tests USD 44K, Ethereum Nears USD 3K, LUNA and WAVE Outperform

Bitcoin Tests USD 44K, Ethereum Nears USD 3K, LUNA and WAVE Outperform

  Bitcoin price tested the USD 44,000 level. Ethereum broke the USD 2,850 resistance, XRP is still below USD 0.80. LUNA jumped 23%, while WAVES rallied 48%. Bitcoin price broke the main USD 40,000 resistance to start a strong uptrend. It is currently (04:02 UTC) trading near USD 43,200 after briefly spiking to almost USD 44,200.  Similarly, most major altcoins are gaining bullish momentum. ETH…

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El Salvador's President Bukele Silent on Ukraine War

El Salvador’s President Bukele Silent on Ukraine War

Source: A video screenshot / RT en vivo / YouTube   Media outlets in El Salvador have hit out at President Nayib Bukele and his government over the perceived “silence” on the matter of Russia’s invasion of Ukraine. ElSalvador.com, the online edition of the newspaper El Diario de Hoy – hostile to Bukele’s government on most matters – reported that there had been an “unexplained silence and…

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Crypto Listing and Delisting Announcements: Week 9

Crypto Listing and Delisting Announcements: Week 9

Source: iStock/~UserGI15632523   Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ BigONEListings:Sologenic (SOLO)LooksRare…

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Decentraland (MANA) Price Prediction: Mana Prepares For 30% Jump As Sails Above 200-day EMA - CoinGape

Decentraland (MANA) Price Prediction: Mana Prepares For 30% Jump As Sails Above 200-day EMA – CoinGape

Decentraland (MANA) price edges higher on Monday with remarkable gains. Mana has been rising along the ascending trend line from the lows of $1.70 to test the swing highs of $3.55 on February 9. Decentraland (MANA) locks up gains as the fresh trading week begins. Expect an upside of 30% as the price trades above the 200-EMA. A fall below $2.40 could dismiss the bullish outlook for the asset. As…

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Solidex Rockets to $2.18B in TVL Within Days Of Launch -

Solidex Rockets to $2.18B in TVL Within Days Of Launch –

Solidex Finance has attracted $2.18B of assets in just a few days since the project launched on the Fantom blockchain — that’s good for the 22th slot in all of DeFi as of Feb. 28 according to DeFi Llama, which tracks total value locked (TVL). At its current TVL, Solidex is ahead of hot projects like Osmosis, and DeFi mainstays like Synthetix. So what’s attracting the capital? Unsurprisingly,…

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Ripple Vs SEC: Tug Of War Over Ripple's Unsealed Memos; Is XRP A Security?

Ripple Vs SEC: Tug Of War Over Ripple’s Unsealed Memos; Is XRP A Security?

Ripple Vs SEC: The intense legal battle between the U.S. Securities and Exchange Commission and Ripple continues to make headlines. As the case proceeds, the revelation of hidden pieces of evidence has made this case even more interesting. Recently, the mystery hidden behind the two sealed memos was disclosed publicly, and now Ripple’s top lawyer has slammed SEC for ‘offensive’ use of these…

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Cardano (ADA) Price Prediction: ADA Bounces Toward $1.0 As Russia-Ukraine Prepares For Second Round Of Talks - CoinGape

Cardano (ADA) Price Prediction: ADA Bounces Toward $1.0 As Russia-Ukraine Prepares For Second Round Of Talks – CoinGape

Cardano (ADA) price trades with significant gains on Monday. The price opened lower but quickly recover to the session’s high and gather the pace after the U.S session opens. The first round of ceasefire between Russia-Ukraine concluded with no immediate action. ADA could further see a minor uptrend as bulls attempt a comeback. Cardano’s (ADA) price creeps higher on Monday. A decisive close…

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Potential Fallout From War in Ukraine May Be Priced Into Crypto Market - Observers

Potential Fallout From War in Ukraine May Be Priced Into Crypto Market – Observers

Source: A video screenshot, Youtube/Associated Press   Russia’s invasion of Ukraine continues, and so do the discussions on how the worsening geopolitical, economic, and social factors may affect pretty much all segments of the wider society. Two crypto exchanges shared their views with Cryptonews.com on what may await the crypto market, and what segments are the most threatened. Although the…

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