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Bitcoin plunges below $40,000 in the early hours of the weekend and proceeded to backpedal in the face of escalating tensions on the Ukraine-Russia border, not to mention ongoing inflationary unease. At the time of writing, the world’s most popular cryptocurrency was trading near $38,700, down 3.4% in the previous 24
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The world’s largest cryptocurrency by market capitalization, bitcoin, was trading in the $44,300-$43,100 range over the past 24 hours. Ether (ETH), the second-largest cryptocurrency, was trading at $3,054 at press time, down 2.5% over the same period. Source
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The Ukrainian parliament has backed a bill to legalize cryptocurrencies. In a nearly unanimous vote, the Ukrainian Parliament adopted the law that was set in motion
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Protesting anti-vax truckers blockading downtown Ottawa, Canada had their fund-raising platform shut down because their host fears the “promotion of violence.” The protesters move to a Bitcoin crowdsourcing funding service. It quickly raised $900,000.Russian troops gather on Ukraine’s borders. Ukrainian NGOs and volunteer groups embrace cryptocurrencies to help defend their
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Ether and other major altcoins rose sharply after Russia said it would be receptive to a diplomatic solution to the ongoing conflict. Source
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Liechtenstein is a dual U.S.-Russian citizen, and renewed his Russian passport in 2019, say prosecutors. The two also traveled to Ukraine in 2019 for a month-long trip together. While the defense says it was just a vacation, prosecutors contend the two were preparing contingency plans for a life abroad. Source
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Major cryptocurrency exchange Binance continues pushing operations in the Commonwealth of Independent States (CIS) by preparing a new crypto payment card in Ukraine.Binance is looking to reach a dominant position in the crypto market of Ukraine by offering a wide range of local crypto services, Binance Ukraine’s new general manager
Read MoreRecent data published by Chainalysis revealed a surprising first place for Ukraine in the Global Crypto Adoption Index 2020, followed by Russia and Venezuela.The Index looks at three on-chain metrics: the total value of on-chain crypto transactions weighted by purchasing power per capita (PPP), the value of on-chain retail transfers
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