Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Hiveon NFT series

Share the #nft collection, and help save lives and stop the war https://opensea.io/Hiveon https://preview.redd.it/tjdhcppie7n81.jpg?width=1080&format=pjpg&auto=webp&s=438aba42053d3defa4a0422b5c1f3497de650653 Fully transparent, you can track your donations. ​ By buying just one NFT, you: – Help evacuate families – Provide shelter for all refugees with food and psychological help – Provide essential medicines to people in need. – Provide the Armed…
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Here’s how DAOs are making digital land more accessible to Metaverse denizens

The Metaverse calls but the digital land has priced out many aspiring inhabitants. Here’s what DAOs are doing to make life in the Metaverse more accessible.

Gwyneth, Shaq, Paris, Eminem — A Deep Dive Into the NFT Collecting Habits of the Rich and Famous

Over the last year, celebrities have been dabbling in non-fungible token (NFT) collectibles and a few of their purchases have brought them attention. For instance, a number of socialites, luminaries, big-name personalities, and today’s top brass have purchased NFTs from the Bored Ape Yacht Club (BAYC) collection. While they paid a pretty penny in ethereum […]

Russian Cryptocurrency Volumes Across Several Exchanges Dip By 50%

Regardless of the growing economic sanctions against Russia, the volume of cryptocurrencies bought using Rubles across several major cryptocurrency exchanges plummets drastically. According to data from blockchain-data aggregators display, Russian collateralizing crypto trading across significant crypto exchanges is dropping badly. This debunks the idea that Russia will leverage crypto assets in maneuvering sanctions. Last week, when the Bitcoin price surged more than 15%, some crypto pundits proposed that the rally was related to Russians purchasing crypto assets amid the growing economic sanctions. Related Article | Veteran Trader Advises ‘Gen Zs’ To Set Aside Savings On Bitcoin And Hold Moreover, this belief seems contradictory as Chainalysis displayed data, revealing ruble-denomination cryptocurrency trading. It plummeted to $34.1 million on Thursday, which is about a 50%-decline since its recent high of $70.7 million last week on February 24. Citigroup Analyst Comments On The Cryptocurrency Situation Commenting on the topic of sanctions-focused crypto buying to Bloomberg. Alexander Saunders-Citigroup analyst responded that the trading volumes have been comparatively small recently. However, he also proposed that this PA is higher because of traders and investors preparing for an anticipated increasing demand from Russia instead of the country demanding for itself. Regardless of pundits’ debunking, cryptocurrency could be essential to aid Russia in circumventing sanctions. But unfortunately, the EU (European Union) and the United States are still spurring their regulatory assessments of cryptocurrencies. Just recently, NY state upsurged its blockchain monitoring capabilities to further inhibit digital currencies from being used for aiding Russian interests. Governor Of New York Against Russian Collaborations With The State On February 27, Kathy Hochul, the governor of New York, gave an executive order informing agencies to terminate all collaborations with Russian companies and institutions, even entities and bodies that provide them assistance. In her statement, she highlighted that New York is home to the country’s largest Ukrainian population. And will use all technological assets to safeguard her people, thus showing Russia that they will be held accountable. The Blockchain Associations’ Head of Policy in the United States – Jake Chervinsky, described their worries as “totally unfounded. In his tweet, he explained his perspective of the ongoing situation. He stated that Russia can’t and won’t be able to utilize cryptocurrencies to evade economic sanctions. Chervinsky buttressed that these worries misunderstand: how sanctions operate, how cryptocurrency markets work, how Putin aims to mitigate sanctions, etc. Ari Redbord, the Head of Legal and Government Affairs at TRM Labs, also commented on bolstering this perspective further. He explained that currently, it’s too later for Russia to use cryptocurrencies to handle its sanctions. Related Article | Apple Co-Founder Steve Wozniak’ Feels’ Bitcoin Will Be Worth $100,000 Also, he added that cryptocurrencies’ and blockchains’ transparent nature would make it possible for the entire public to monitor transactions and notice individuals or entities trying to maneuver sanctions. Featured image from Pixabay, chart from TradingView.com

3 reasons why XRP price could drop 25%-30% in March

A combination of technical, fundamental, and social sentiment indicators spell downside risks for XRP after its price rises over 8% week-to-date.

XRP Shoots 10% As Ripple Registers Another Micro Win In Its Case Against the SEC

In its case against the SEC, Ripple seems to stack up the odds in its favor. In the recent hearing, the judge rejected the SEC’s motion to prevent Ripple from pursuing a fair notice defense. Well, this has sent the XRP price up 12% which is currently trading at $0.81 with a market cap of…
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3060 ti 250watt max power?

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Web3 relies on participatory economics, and that is what is missing — Participation

Web3 needs to reframe around participation in terms of technology, architecture, design and talent to achieve a decentralized internet.