In brief A new report by Elliptic points to a sharp rise in Bitcoin and cryptocurrency donations to Ukrainian NGOs. Many of these groups provide financial assistance to the military. Others are involved in cyber warfare. As tensions on Ukraine’s border continue to mount, Ukrainian non-governmental organizations (NGOs) are seeing a sharp rise in Bitcoin donations, according to a new…
Crypto exchange FTX is giving away bitcoin during the Super Bowl this weekend. The company estimates that each winner could receive between eight and 10 bitcoins. The actual prize amount depends on the time FTX’s Super Bowl commercial airs. FTX Giving Away Bitcoin in Super Bowl Sweepstakes Cryptocurrency exchange FTX announced Monday that it is giving away bitcoin during the…
When analyzing Ether’s (ETH) price chart, one could conclude that the 3-month long bearish trend has been broken for a few reasons. The current $3,100 price range represents a 43% recovery in 15 days and, more importantly, the descending channel resistance was ruptured on Feb. 7. Should Ether bulls start celebrating and calling for $4,000 and higher? That largely depends…
Many Bitcoiners may have a sour taste in their mouth when they think of financial advisors. Maybe it’s because they repeatedly tell their loved ones that Bitcoin is a ponzi scheme or worthless. Being wrong for years, and refusing to admit it the entire time, makes Bitcoiners hesitant to think highly of advisors. And to be frank, many financial advisors…
The U.S. Federal Deposit Insurance Corporation (FDIC) has named the evaluation of crypto assets a priority this year. “The rapid introduction of a variety of crypto-asset or digital asset products into the financial system could pose significant safety and soundness and financial system risks,” the FDIC said. Crypto Evaluation Named a Priority for FDIC The U.S. Federal Deposit Insurance Corporation…
Everyone might be a genius during a bull market, but the real stars begin to shine when the waters get choppy. The same can be said for crypto projects and developers and once the pump is over, it’s easier for investors to separate the pump and dump projects from those with good fundamentals. Sometimes a bull market, sometimes a bear…
The women-focused Ethereum NFT collection Boss Beauties is debuting a one-of-one collection called Boss Beauty Role Models in New York City on March 8—International Women’s Day—that will become the first complete NFT collection ever shown at UN headquarters. The original Boss Beauties NFT collection of 10,000 assets has a current floor price—or minimum “Buy Now” price—on OpenSea of 2.3 Ethereum—roughly $7,000…
Image Source: Bitrawr. If the last 700 years are any indication, reserve currencies have a shelf life of roughly 100 years. The U.S. dollar (USD) officially became the world reserve currency 77 years ago (Bretton Woods, 1944). Arguably, USD was the reserve as far back as the late 1920s. Source: “Will a Digital Gold Rush Save America’s Economy?” Cryptokek Blog.…
sponsored Utility coins are a dime a dozen, but those that actually provide a plethora of benefits for holders are ultra-rare and worth paying closer attention to. The COV token is a utility token that unlocks a variety of account-level benefits already but continues to evolve in the available ways holders can utilize the asset. The latest update from Europe-based…
Users of Japanese messaging giant LINE will soon be able to use the app’s native token for payments at select online merchants in a limited trial. In a Tuesday announcement, the LINE Corporation said that starting on March 16, users would have the option of paying with native LINK token (LN) — not to be confused with Chainlink (LINK) —…
