CRYPTO

2023-02-26 09:01:58 Ukraine-based blockchain firm reports company 'stronger' one year into war

Sergey Vasylchuk, the chief executive officer of staking provider Everstake, said the company is continuing to move forward despite the continuing military conflict between Ukraine and Russia.
Exactly one year ago today — Feb. 24, 2022 — Russian military forces invaded many areas of Ukraine in what has become one of the biggest conflicts in modern Europe since World War II. In the last twelve months, more than 8,000 civilians have died, many Ukrainian cities have been shelled with at least one almost leveled, and the country continues to be at risk of missile attack and ground invasions.
Vasylchuk said prior to Feb. 24, he had been making preparations to mitigate the risk to Everstake and its employees, but still said there were months when many people based in Ukraine were not able to work for different reasons. The Everstake CEO said he felt responsible for the livelihood of roughly 300 people: roughly 100 workers and their families. Открыть/Комментировать

2023-02-25 21:02:59 Will Polkadot's (DOT) Price Plummet To $5 Or Skyrocket Beyond $7?

Since the middle of the summer of 2022, Polkadot (DOT) has been in a downtrend, and it has been far more impacted by the bear market than the majority of the other top altcoins that are currently on the market. However, the flagship cryptocurrency, spearheaded by Gavin Wood, has seen some decent rallies this new year. Открыть/Комментировать

2023-02-25 18:01:29 Will VeChain Price Orchestrate Another Leg Up Anytime Soon?

VeChain almost shot up 50% during the beginning of the year. Over the last week, the altcoin maintained a bullish stance with a 17% appreciation, but VET fell by over 6% on the daily chart. The coin is correcting itself on its chart now.
The technical outlook of VeChain depicted that the bears were slowly taking charge of the price. Demand for the altcoin noted a slump as buyers defined a fall in accumulation at press time. At the moment, VET is slowly moving towards a significant support level. Открыть/Комментировать

2023-02-25 15:01:12 ETH Price Increase Stops After Whale Ceases Circle Withdrawals

One of the cryptocurrencies in the red for today is the largest altcoin by market cap, Ethereum (ETH). According to the crypto market tracking website CoinMarketCap, ETH is currently worth about $1,653.49 after a 0.92% drop in price over the last 24 hours. The crypto reached a high of $1,671.13 and a low of $1,632.57 over the same time period.
ETH’s lackluster performance over the last day did have an effect on the altcoin’s weekly performance as the altcoin is also still down by 0.07% over the last week. ETH did, however, strengthen against its biggest competitor in the market, Bitcoin (BTC), by about 1.28% over the last day. Открыть/Комментировать

2023-02-25 12:02:13 Kim Kardashian, Floyd Mayweather Urged Court to Drop the EMAX Lawsuit

The reality TV star – Kim Kardashian, the boxing legend – Floyd Mayweather, and other celebrities filed a motion to a California federal judge, asking their renewed EMAX lawsuit to be removed.
The magistrates dropped a similar indictment against the defendants in December last year. Открыть/Комментировать

2023-02-25 09:02:19 Crypto Markets Analysis: Bitcoin Falls for the Week Amid Inflation, Rate Hike Fears

Bitcoin (BTC) and ether (ETH) have lost their momentum over the past seven days, with each posting 6% declines as investors worried about inflation and continued monetary hawkishness.
On Friday the two largest cryptocurrencies by market capitalization plunged after the U.S. Commerce Department reported that the personal consumption expenditures (PCE) price index climbed by an unexpectedly robust 5.4% in January, offering the latest evidence that inflation remained problematic. The PCE price index is the U.S. Federal Reserve’s favored inflation gauge.
BTC dipped near $23,000 at one point Friday, its lowest level in nine days. ETH was recently off about 2.5% over the past 24 hours. Открыть/Комментировать

2023-02-24 21:15:44 ETH Price Increase Stops After Whale Ceases Circle Withdrawals

ETH’s lackluster performance over the last day did have an effect on the altcoin’s weekly performance as the altcoin is also still down by 0.07% over the last week. ETH did, however, strengthen against its biggest competitor in the market, Bitcoin (BTC), by about 1.28% over the last day. Открыть/Комментировать

2023-02-24 21:08:41 ReFi for the People: How Crypto Can Help Local Communities Help Their Ecosystems

Not even this tiny, out-of-sight and out-of-mind nation can escape the pressures of globalization. Its residents are increasingly turning to logging and deforestation, often illegal, to better their livelihoods. Its entrepreneurs are looking for a solution in crypto. Открыть/Комментировать

2023-02-24 21:05:51 Emojis count as financial advice and have legal consequences, judge rules

In a tweet, former United States Securities and Exchange Commission (SEC) branch chief Lisa Braganca warned users of the potential legal consequence of their use of such emojis that may indicate future gains. She tweeted: Открыть/Комментировать

2023-02-24 20:59:05 Chainlink (LINK) Goes Live on This L2 Network, Implications for Price

Chainlink (LINK) is looking to end this week on a positive note with respect to its spot price outlook after rising by 2.43% over the past 24 hours to $8.05. The positive sentiment engulfing Chainlink at this time can be traced to the announcement of its latest partnership with StarkNet. Открыть/Комментировать