Blog – Page 480

Ukraine Receives $17 Million In Crypto Donations So Far

Since Russia’s invasion, Ukraine has received over $17 million in cryptocurrency donations. The Ukrainian government transferred almost $10 million to cryptocurrency wallets in less than 24 hours after accepting Bitcoin, Ether, and Tether donations. On a weekday morning, the Ukrainian government began accepting cryptocurrency donations. “Stand with the people of Ukraine,” said Ukraine’s official Twitter account. Donations in cryptocurrencies are presently accepted. “Bitcoin, Ethereum, and USDT are the three major cryptocurrencies.” A BTC address, as well as addresses for ETH...

Bitcoin Miners Continue To Hodl Amid Recent Uncertainty –

On-chain data shows Bitcoin miners have held strong and not dumped the coin despite the recent uncertainty due to the Russian invasion of Ukraine.

Bitcoin Miners Show Diamond Hands As They Continue To Hodl

As pointed out by an analyst in a CryptoQuant post, the BTC miner reserve hasn’t observed any significant falls recently despite the uncertainties surrounding the financial markets. The “miner reserve” is an on-chain indicator that measures the total amount of Bitcoin stored in the wallets of all miners. When...

Bitcoin: Next difficulty adjustment might affect your portfolio because…

Bitcoin‘s processing power appears to have taken a hit in recent days. At press time, it was down by 0.18% over the last seven days. Also, BTC’s hash rate has dropped by 24% since touching an all-time high earlier this month. However, a larger concern dominates, one that mining Bitcoin might not be as profitable as it once used to be. Source: YCharts Since recording new highs on 13 January this year, Bitcoin’s hash rate had been enjoying higher highs until finally...

Ninja Fantasy Trader Announces Its First Presale of the Rarest NFTraders or Samurais

Miami, FL, 28th February, 2022, Chainwire Ninja Fantasy Trader is the first financial NFT game across the metaverse operating under the play-to-earn mechanism within the digital ecosystem. The platform is all set for its first Non-fungible Token (NFT) presale. Before coming onto what this presale would bring for the...

As Sanctions Pile, Bitcoin Flips the Russian Ruble

Key Takeaways

The West's severe economic and financial sanctions against Russia have caused the ruble to plummet by roughly 11% against the U.S. dollar. As a result, Bitcoin now has a bigger market capitalization than the ruble by roughly $120 billion. Exchange data shows that Russians have turned to crypto in seeking refuge from the falling national currency.

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Thanks to unprecedented financial sanctions from the West, Bitcoin now has a higher market capitalization than the Russian ruble.

Russian Ruble Plummets Following Western...

Major Crypto Exchanges Move $88.8 Million In XRP As Expert Discovery Wraps Up

Expert discovery in the SEC vs. Ripple case draws to a close, revealing how the regulator picks winners and losers among cryptocurrencies. 120 million XRP tokens were transferred by leading cryptocurrency exchanges, fueling a bullish sentiment among traders.

Investors bullish on XRP price as large transactions flood the network

Over the weekend, large cryptocurrency exchanges engaged in the transfer of $88.8 million worth of XRP tokens. A total of 120 million XRP was transferred, based on data from crypto tracker Whale...

Crypto Donations to Ukraine Top $30 Million as Russia’s Offensive Continues

Cryptocurrency donations sent to the Ukrainian government and several non-governmental organizations meant to support the country amidst its ongoing war with Russia have topped the $30 million mark. According to on-chain analytics firm Elliptic, the Ukrainian government and NGOs supporting the country’s military efforts and humanitarian causes have...

The psychology of UNI whales who jumped the shark before 8% rally

On 27 February, the wider crypto-market registered significant losses across the board. However, Uniswap [UNI] was one of the few altcoins to fight against the broader market’s cues. In fact, it even managed to register a recovery rally. And yet, it’s interesting to note that a cohort lost out on a major opportunity too.

Whales jumped too quickly

Uniswap’s performance has been in a rut for months now. UNI couldn’t make a strong recovery. Consequently, after the coin fell below $10...

Ukraine Crypto Donations Top $29M Amid Russia Crisis

Key Takeaways

Crypto donations to Ukraine have hit $29 million in a few days. Ukraine posted a plea for Bitcoin and Ethereum donations over the weekend. Other initiatives include UkraineDAO, which is hosting an auction for an NFT of the Ukraine flag.

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$29 million has been raised for Ukraine through multiple crypto funding initiatives, including an official plea from the Ukrainian government.

Ukraine Receives Over $29M in Crypto Donations

Crypto donations are flooding into Ukraine following Russia’s attack on the...

Mexican Senator Proposes Bill to Make Bitcoin Become Legal Tender in Her Country

A Mexican senator has announced that he is working on a crypto bill to allow her country to accept Bitcoin as legal tender. According to a report by Cointelegraph, Indira Kempis, a senator representing the Neuvo León state in Mexico, is working on legislation — that will mirror...