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Bitcoin Is Suddenly Spiking as Conflict in Ukraine Rises

Bitcoin has surged. The world’s number one digital currency by market cap is once again trading above the $40,000 mark, meaning the Russian invasion of Ukraine may be having sudden opposite effects. Ukraine Invasion May Have Aided BTC Over the past week, the world watched in horror as Russia invaded its neighbor Ukraine. The price...

The post Bitcoin Is Suddenly Spiking as Conflict in Ukraine Rises appeared first on Live Bitcoin News.

Bitcoin’s Mining Difficulty Corrects for the First Time This Year

Bitcoin’s Mining Difficulty Corrects for the First Time This YearThe mining difficulty of Bitcoin has lowered for the first time this year. The -1.49% adjustment breaks away from Bitcoin’s ...

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Both Sides in Russia-Ukraine War Heavily Using Telegram for Disinformation and Hacktivism

Cyber criminals and hacktivist groups are increasingly using the Telegram messaging app for their activities, as the Russia-Ukraine conflict enters its eighth day. A new analysis by Israeli cybersecurity company Check Point Research has found that "user volume grew a hundred folds daily on Telegram related groups, peaking at 200,000 per group." Prominent among the groups are anti-Russian cyber

WadzPay hires 200 people for new office, token surges: top places to buy WadzPay Token

WadzPay Token, an ecosystem with smart contract-based fund disbursement methodology, has gained 36% in…

The post WadzPay hires 200 people for new office, token surges: top places to buy WadzPay Token appeared first on Coin Journal.

CS:GO: How to Use The Scout (SSG 08)?

Some simple tips on how to use the Scout in CS:GO. Although there are tons of weapons you can choose…

The post CS:GO: How to Use The Scout (SSG 08)? appeared first on Esports News Network | ESTNN.

Bitcoin Is Time Traveling Energy

Spending bitcoin into the future transfers incredible amounts of energy over time as the amount of energy per satoshi increases.

Sitting Tight

January was a turbulent month for the crypto space as market participants saw a broad sell-off. Continued uncertainty about the proposed U.S. Fed rate hikes in March and growing tensions in Eastern Europe plagued the market for most of February, though prices rebounded at the…

The post Sitting Tight appeared first on Kraken Blog.

Metaverse and crypto

Have you ever dreamed of living in another universe or imagining a whole new life for yourself on another planet? In the metaverse, you...

Why NFTs Are Creating So Many Millionaires

NFT Millioniares

The post Why NFTs Are Creating So Many Millionaires appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Investors often overlook NFTs because they’re still in the early stages of development and growth. But investors shouldn’t let the market’s infancy scare them away from investing in these emerging digital assets. NFT stands for Non-Fungible Token, which means you cannot divide them into smaller units like fungible tokens (e.g., Bitcoin or Ethereum). NFTs can …

Bitcoin Sets Record For Largest Single Day Pump After One Year

Bitcoin recorded its largest single-day pump in a year as the Russian ruble tanked 20% in its value against the dollar amidst worldwide economic sanctions imposed in the country after their attack on Ukraine. Sanctions Pump Bitcoin The most influential countries in the world have imposed penalties on Russia aiming for its economic collapse to stop Putin’s efforts to invade Ukraine. However, it is not only politicians who are threatened by penalties but common citizens. State Duma deputy from the Communist Party Nikolai Arefiev commented to a local news portal that savings of Russians could be confiscated by the Russian government: “If all funds that are abroad are blocked, then the government will have no other choice but to seize all the deposits of the population – there are about 60 trillion rubles – in order to get out of the situation.” Both Russians and Ukrainians have recorded enormous increases in crypto trading volume as they run to use it as a safe haven for their savings and wealth and a financial tool that allows them to take their money abroad or avoid sanctions. Similarly, bitcoin also became a valuable tool to send donations to Ukrainian efforts. The cryptocurrencies that have recorded the highest trading volumes in the countries have been bitcoin and tether. Bitcoin’s original narrative seems to be winning amongst the people who need it and so, its price has increased while recording other historical marks. Related Reading | Bitcoin Soared 20% In Two Session With Crypto Demand As Haven The Pump As per Arcane Research data, the bitcoin price increased 14.5% on Monday, its largest pump since February 8th, 2021, when the crypto coin reacted positively being shot up to an ATH after Elon Musk announced Tesla had bought $1.5 billion in bitcoin. Furthermore, data shows that the digital coin was back at providing better returns after a rough month. Bitcoin’s 7-day volatility increased to 5.4%, its highest mark since June 2021. Arcane Research notes this proves that the digital coin “behaves opposite of the rest of the financial markets concerning volatility, as upwards price movements often cause the most significant volatility spikes.” Similarly, many were already used to the possible correlation between bitcoin and tech stocks, but that correlation has decoupled as bitcoin price increased 5% during the past day while equity stocks closed at lower prices. Bitcoin use case as a store of value might be making a return to the markets. Before Monday’s big pump, bitcoin trading volume reached over $10 billion last Thursday as a reaction to Russia’s attack on Ukraine. This is the highest level reached since December 4th. Related Reading | Bitcoin Breaks Above 50-Day SMA, Will BTC Ride It Out To $50,000? BTC Price Arcane data further noted that the digital coin has returned to its $40-44k trading range and the resistance level of $44,000, found during early February’s rally, is an important mark since the coin has yet to convincingly break through that resistance. Data suggests that if BTC breaks through $44k again, then “$47,000 is the next resistance area to pay attention to.” Meanwhile, bitcoin was slightly up in the last 24 hours. At the time of writing the digital coin’s price is $43,894.

A Discussion On Decentralized Cryptocurrency With Joshua Scigala – The New Trust Economy

With the world moving towards runaway inflation, even possibly hyperinflation, we need to take stock of the tools we have at our disposal. One...

Tokens vs Accounts: A love letter to the NY Fed (and a quibble) – Bits on Blocks

I was just reading an excellent recent post on the New York Fed’s blog Liberty Street Economics, entitled “Token- or Account-Based? A Digital Currency...

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