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NFT Market Cools Down As Ukraine War Pushes Investors Toward Safe-Haven Assets
8.3.2022
Trading in non-fungible tokens (NFTs) plummeted in recent days as geopolitical tensions and rising uncertainty pushed investors toward safe-haven assets.
Daily trading volume across major NFT marketplace OpenSea hit USD 50.8m on Saturday, down from a local all-time high of USD 247.8m reached...
Price of Gold Spikes Over $2,060 per Ounce While Risk Assets Continue to Capitulate
8.3.2022
On Tuesday, the price of gold soared to new heights as an ounce of the precious metal surpassed $2K per ounce during the early morning trading sessions (EST). Hours later, gold tapped a high of $2,064.27 per ounce as the Russia-Ukraine war and global commodities surge has fueled demand....
Crypto Trading in Russia Rises Again as Price Discounts Emerge
8.3.2022
Trading in bitcoin (BTC) and the stablecoin tether (USDT) is once again rising in Russia, with trading volume on both coins on Monday breaking their highs from the start of the war in Ukraine. Meanwhile, price discounts have emerged on Russian ruble (RUB) trading pairs, while Ukrainians...
New USD 560M Crypto Fund, Binance CEO Eyed Abramovich’s Chelsea, Visa & Mastercard Fees + More News
8.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._____
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Read More: New USD 560M Crypto Fund, Binance CEO Eyed Abramovich’s Chelsea, Visa & Mastercard Fees + More News
Bitcoin, Ethereum Technical Analysis: ETH, BTC Remain Lower as Commodity Prices Hit New Highs
8.3.2022
Cryptocurrencies were once again trading lower on Tuesday, as markets were mainly focused on surging commodity prices. Crude oil climbed to a 14-year high of over $130 per barrel, whilst gold was fast approaching its own all-time high. Bitcoin Bitcoin was trading below $40,000 on Tuesday, as...
Russia Sanctions Means Countries May Transition to Bitcoin Reserves - Pantera’s CEO
8.3.2022
Both nation-states and private citizens around the world are likely to find it “very appealing” to keep control of their own money in light of the sanctions placed on Russia, and countries could start transitioning to bitcoin (BTC) for foreign reserves, Pantera Capital’s Dan Morehead has argued....
Twitch Withholding Payments For Russian Streamers
8.3.2022
Twitch joins the list of international companies sanctioning Russia over its illegal invasion of Ukraine, telling streamers that it would be withholding payments. “Payouts to the financial institution associated with your Twitch account have been blocked as a result of sanctions,” read an email...
Ukraine War Raises Questions About the 'End of Monetary Regime' and Role of Bitcoin
8.3.2022
Bitcoin (BTC) “will probably benefit” from a new world monetary order where the US dollar no longer reigns supreme and China’s currency strengthens through the backing of Russian commodities, a report from the major investment bank Credit Suisse predicted, triggering intense debates in...
Ethereum's TVL dominance drops to 55% as Bloomberg analyst paints $1.7K bearish target
8.3.2022
Ethereum price has been increasingly in lockstep with the Nasdaq, but there's a catch
'Russian Ethereum', Waves, Almost Triples Since Ukraine War Began
8.3.2022
The WAVES token, issued by the protocol with ties in Russia, is close to a 3x price gain in a matter of just two weeks after it rallied right after Russia invaded Ukraine.
The massive gains also follow crypto exchange Binance integrating the token into its Loans platform last week, and a...
Justin Sun Spoke of ‘Cooperation with Russia’ After Donating Funds to Ukraine
8.3.2022
The Tron (TRX) founder, soon-to-be astronaut, and World Trade Organization (WTO) diplomat Justin Sun is “playing both sides” of the conflict between Russia and Ukraine, social media users have remarked – after Sun posted what appeared to be news of talks with a senior Russian diplomat....
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Fundraising Platform Says It Raised and Distributed 2 Million USDT to Ukrainians
8.3.2022
A new fundraising platform whose objective is to help to raise funds for Ukrainians and the Ukraine military recently claimed to have raised 2 million of the stablecoin tether. Some of the donated crypto assets have been sent to the Ukrainian army and to a humanitarian fund that finances...
Data Shows Global Financial Conditions Tightest in 2 Years, Shaky Bond Markets Point to Long-Run Inflation
8.3.2022
At the end of the trading day on Monday, Wall Street was roiled once again as major stocks plunged during the day’s trading sessions. Most news outlets indicate the Russia-Ukraine war is causing the bleak outlook and reports show strained financial conditions worldwide are currently...
$10 Bundle Gets You $6500 Worth Of Games/Music/Books, Helps Ukraine
8.3.2022
Necrosoft Games have put together a bundle of 991 things on itch.io that is available now for a minimum of just $10 . Read more
Renowned Investor Jim Rogers Sees the End of the US Dollar — Says ‘Washington Does Not Play Fair Anymore’
8.3.2022
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, says that “what is happening with the U.S. dollar now is the end of the U.S. dollar.” He explained that “an international currency is supposed to be neutral but in Washington...
Trolls Review Bomb Cyberpunk 2077 After Devs Speak Out Against Russia’s Invasion Of Ukraine
7.3.2022
Despite a recent uptick in goodwill thanks to its massive 1.5 patch, Cyberpunk 2077 spent the weekend beset by negative Steam reviews over a different matter entirely.Read more
Poll Suggests ECB May Wait Until Q4 to Raise Rates, Several Banks Expect a Series of Fed Rate Hikes This Year
7.3.2022
A recently published Reuters poll suggests the European Central Bank (ECB) may wait until the last quarter of the year (Q4) to raise its first interest rate in over ten years. The poll’s author details that after the conflict in Ukraine, “fewer economists” predict the ECB will...
Trezor Halted Wallet Shipments to Russia and Ukraine
7.3.2022
More crypto-related businesses are joining the sanction train making its rounds in Russia, following that country’s invasion of Ukraine. And this time, it’s a major company from the hardware wallet sector. But Ukraine has been hit as well.
Satoshi Labs, the maker of the popular hardware wallet...
Examining the crypto market’s reaction to the Russia–Ukraine crisis
7.3.2022
Bitcoin price sentiment first turned fearful but soon switched to mildly bullish as price began to slowly rise, reclaiming the lost levels
Law Decoded: Crypto in times of war, Feb. 28–Mar. 7
7.3.2022
The catastrophe unfolding in Ukraine will have long-lasting consequences for the crypto space, too