Russia could turn to cryptocurrency if it is banned from the SWIFT payments system. Analysts have warned that if Russia is able to use crypto to evade sanctions, “political support in the... Read more »
On-chain statistics through February have suggested positive sentiment for Bitcoin as addresses with a non-zero balance of BTC reached an all-time high. Additionally, those wallets with a positive BTC balance are increasingly... Read more »
Following the invasion of Russian forces into Ukraine, several countries (i.e., the U.S. and a number of EU members) have imposed strict economic sanctions on Russia which, among other things, will preclude... Read more »
Bitcoin (BTC) faced down $40,000 on Feb. 27 as hopes for the weekly close hinged on avoiding a fourth red monthly candle in a row. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView... Read more »
The processing power behind the Bitcoin network has dropped 30% since the hashrate’s all-time high (ATH) on February 15, sliding from 249 exahash per second (EH/s) to 169 EH/s. Furthermore, four days... Read more »
Key Takeaways The floor prices of high-value NFTs have declined in February. Bored Ape Yacht Club NFTs have fallen almost 30%, and CryptoPunks are down 24% over the past month. Despite high-value... Read more »
Three years after the official closure of BitConnect, an infamous crypto exchange platform, the United States authorities are still in the business of bringing the brains behind it to book for allegations... Read more »
The European Commission announced to remove a number of Russian banks from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) messaging system, aimed at hindering Russia’s capacity to carry out cross-border payments. ... Read more »
The founder of the $3.4 billion crypto Ponzi scheme Bitconnect has been charged in the United States. “If convicted of all counts, he faces a maximum total penalty of 70 years in... Read more »
Key Takeaways The NFT community is showing support for Ukrainian artists following Russia’s invasion. Many Ukrainian artists have seen their sales spike over the last 24 hours, and several leading NFT marketplaces... Read more »
