While Russia’s Ukraine invasion has been at the forefront of people’s minds, a global recession and the possibility of an energy crisis have been thrown into the conversation. Reports concerning the U.S. economy note that risks of an economic recession are climbing, and energy market historian Daniel Yergin thinks the current warfare in Ukraine could
Per a report from the Japan Times, the Asian country has started to discuss ways in which Russia could use crypto to escape sanctions. The Russian Federation has been hit by the international community after the consummation of their invasion of Ukraine. Related Reading | Should Crypto Exchanges Ban Russian Users? Kraken CEO’s Opinion Thus,
It’s a women’s world! Bakkt commissioned a study that shows women are investing in cryptocurrencies and closing the gender gap. The paper, titled “Women & Crypto,” shows “women are now outpacing men as first-time purchasers.” No surprise there, if you’re paying attention. It’s useful to have concrete numbers, though. A self-described “global regulated ecosystem for
The number of brands seeking to gain a foothold in the metaverse has risen exponentially in recent months, with the likes of Nike and Disney conducting a recruitment drive to employ metaverse specialists. According to JPMorgan, annual metaverse revenue opportunities through social commerce, live events and advertising could soon surpass $1 trillion. SandStorm, the world’s …
SandStorm Platform Wants to Bring Brands to the Metaverse Read More »
Bitcoin miners got a small break on March 3, after the network’s mining difficulty shifted downward for the first time since November 28, 2021. Bitcoin’s hashrate has remained high meandering between 180 to 220 exahash per second (EH/s) over the last week, but the leading crypto asset’s price has shed more than 3% during the
On-chain data shows the Bitcoin leverage ratio has continued to stay at high values despite the recent decline in the crypto’s price. Bitcoin Leverage Ratio Hasn’t Budged Much In Response To Price Plunge As pointed out by an analyst in a CryptoQuant post, the BTC leverage ratio has remained at high values recently, despite the …
Bitcoin Leverage Ratio Remains High Despite Recent Drop Read More »
To voice solidarity with Ukraine, the famous peer-to-peer trading platform LocalBitcoin has exempted all fees on donated Bitcoins to Ukraine. As a result, the residents of Ukraine can now cash out their Bitcoins in local currency with no fees. LocalBitcoin published the announcement via a tweet on March 01 introducing a free Bitcoin wallet “for
English Premier League club Manchester City has penned a deal with OKX that would make the crypto exchange the soccer team’s official cryptocurrency partner. English Soccer Club Manchester City Announces OKX As Crypto Partner As per an announcement on the EPL team’s website, cryptocurrency exchange OKX is now the club’s official crypto partner. Manchester City
Cardano investors have been heavily impacted by current market conditions with ADA losing its spot in the top 5 crypto by market cap. After an impressive rally during 2021, this cryptocurrency has lost critical zones and could return to previous lows. Related Reading | Cardano (ADA) Ready For Rally Towards $1.50? What Indicators Are Saying …
Cardano Whales Hoard During Plunge?, What Could Save ADA From Further Losses Read More »
A non-fungible token market platform built on top of Arbitrum called Treasure DAO was hacked on March 3 at 7:33 a.m. (EST), according to a post mortem analysis authored by the security-focused firm Certik. The company’s report notes that “over 100 NFTs were stolen in the attack,” as the attacker leveraged a vulnerability in the
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