Cryptocurrency Analysis and News Portal
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
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Authorities in Russia and Ukraine have closed down a number of illegal crypto mining facilities allegedly powered by stolen electricity. The underground farms have been discovered around the capital cities, Kyiv and Moscow, as well as in the Russian republic of Dagestan. Russia Busts Illegal Mining Farms in Moscow Region
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A government official in Rivne region of Ukraine owns close to $8 million in cryptocurrency and 500 Tesla shares, his declaration shows. The news comes as another Ukrainian lawmaker in Kyiv has found it hard to prove possession of the crypto holdings on her asset statement. Ukraine Officials Declare Crypto
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With а growing threat of electricity shortages in the winter months, Ukraine has busted another large coin minting facility illegally drawing power from the grid. The country’s security agency announced it’s stepping up efforts to ensure the nation’s energy system is well-protected from such consumers. Large-Scale Illegal Mining Operation Uncovered
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