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Russia’s Invasion of Ukraine Results in Surge in Trading Activity on Crypto Exchanges

Russia’s invasion of Ukraine, and the subsequent backlash of economic sanctions against the country, has reportedly resulted in ruble trading pairs surging on the cryptocurrency market.  According to a report by Frank Chaparro for The Block that was published on March 1, Russian investors are becoming increasingly active on crypto exchanges. Since Russia’s invasion of […]

InvestAnswers Tackles Bitcoin’s Safe-Haven Status

Popular crypto analysis and market commentary show InvestAnswers is tackling whether Bitcoin still constitutes a safe-haven asset in comparison to gold.  According to a recent YouTube update, the host of InvestAnswers is pushing back on the notion that Bitcoin has become a failed safe-haven asset in light of the current geopolitical backdrop of Russia invading […]

G7 Countries, EU Taking Measures to Prevent Crypto Use to Evade Sanctions

G7 Countries, EU Taking Measures to Prevent Crypto Use to Evade SanctionsG7 countries and the European Union are examining ways to stop the use of cryptocurrency by Russia to evade sanctions. “We should take measures to prevent listed persons and institutions from switching to unregulated crypto assets,” said Germany’s minister of finance. G7 and EU Seek to Prevent Crypto Use to Evade Sanctions The Group of […]

Crypto Donations to Ukraine Topped $50 Million Across 100,000 Transactions

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 $50 million across more than 100,000 transactions. According to on-chain analytics firm Elliptic, the Ukrainian government and NGOs supporting the country’s military efforts and humanitarian causes have kept on receiving cryptocurrency donations […]

Devere CEO Bullish on Bitcoin, Predicts BTC Hitting $50,000 This Month

Devere CEO Bullish on Bitcoin, Predicts BTC Hitting $50,000 This MonthThe CEO of Devere Group has predicted that the price of bitcoin will reach $50,000 by the end of this month. He explained that geopolitical tensions from the Russia-Ukraine war and institutional investment are key drivers boosting the price of bitcoin. He also said, “the dollar’s reserve status could, ultimately, be in jeopardy.” Devere’s CEO […]

Bitcoin ($BTC) Price Can Reach $50,000 by End of March, Says deVere Group CEO

Nigel Green, CEO of independent financial consultancy deVere Group, has revealed he believes the price of the flagship cryptocurrency bitcoin ($BTC) could move toward the $50,000 mark by the end of March over the ongoing war between Ukraine and Russia. According to ETF Trends, commenting on BTC’s current price momentum Green revealed he believes the cryptocurrency’s […]

Bitcoin slides under $39K, leading some traders to forecast a weekend ‘oversold bounce’

Traders look for a weekend oversold bounce after BTC price sold-off and hit an intraday low at $38,750.

UkraineDAO Raises $6.75 Million In ETH Donations For Flag NFT

Ukraine auctioned a picture of its flag using Ethereum to raise over $6 million for its war defense.

Switzerland Says It Will Freeze Russian Crypto Assets: Report

This historically neutral country hasn't just joined the European Union in sanctioning Russia—it's going after Russians' crypto, too.

Dogecoin: In light of this, should investors be in a risk-off mode

Dogecoin price has been on a sad slump for the second half of 2021 and most of 2022. The reason for this could be that Shiba Inu, the Dogecoin-killer, drew attention away from it during the peak mania phase in 2021. Regardless, DOGE sits on a delicate level, a breakdown of which could lead to […]

Coinbase CEO says Russian oligarchs won’t use crypto to evade sanctions

Russia, sanctions, crypto– yes, three words that have this week informed one of the…

The post Coinbase CEO says Russian oligarchs won’t use crypto to evade sanctions appeared first on Coin Journal.

Market Wrap: Cryptos Crumble After Russia Bombs Major Ukraine Nuclear Power Plant

Vladimir Putin Russia

BTC, ETH and equity markets saw a sharp sell-off after Russia bombed Europe's largest power plant

The post Market Wrap: Cryptos Crumble After Russia Bombs Major Ukraine Nuclear Power Plant appeared first on Blockworks.

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