Crypto enthusiasts all over the world went berserk trying to figure out what made the dormant address restart, and that too after such a long period.
The crypto market gives a thumbs up to Biden’s crypto executive order which sets to bring clear regulations in place. This is likely to boost institutional participation in the crypto space.
Bitcoin price is down 19 percent in the past year and has dropped approximately 39 percent from the ATH set around November last year.
While BAYC is the latest crypto firm to donate to Ukraine, the European country has received enormous levels of support from the wider crypto community who have made substantial donations towards its national interest.
Blockmetrix will use the funds to further the company’s expansion strategy by securing 5000 additional rigs.
C4W takes money from investors and allocates it to predefined pools that are managed by a team of professionals with broad knowledge of new technologies, the internet, blockchain, and asset management.
The bill is set for an introduction to the lower house when it convenes on March 14 for a regular plenary session.
Bitcoin over the years has been tagged as a hedge against inflation and as such, many market experts expected a major boost in price as Russia’s invasion of Ukraine has sent crude oil to its highest price since 2008.
The solidarity being shown by the crypto community is a testament to the role digital currencies have to play in the future of money, where the nascent asset class can be recognized as a force for good for humanity.
The southern city of Lugano is collaborating with Tether to become a major European crypto hub by speeding up crypto adoption.
CME is preparing to introduce options for its micro-sized Bitcoin and Ethereum futures representing only 10% of the size of the respective cryptocurrencies.
Just a day ago, the Ukrainian government also confirmed that it would receive donations in Polkadot.
The Ruble, on Monday, fell by around 25% dropping below $0.01, a new record low.
Within 24 hours, more than $10 million were donated directly to the crypto wallets posted by the Ukrainian government.
BNY Mellon says that its crypto custody initiative will initially debut in the US, and offer BTC and ETH exposure to institutional clients.