Let's follow up with a series of surveys to discover more about you
How old are you?
How old are you?
Anonymous Poll
10%
Under 18
46%
18-25
21%
25-35
13%
35-45
11%
Over 45
Friends, it's time for the highest priority question in our series of "about subscribers" surveys
Do you have deposits in cryptocurrencies?
Do you have deposits in cryptocurrencies?
Anonymous Poll
50%
Yes, I have an investment portfolio with various coins
17%
Yes, I got a bit invested in one coin
27%
No, I'm just looking at
6%
No, I do not plan to invest in cryptocurrencies, just wondering to read about the issue
EU to speed up implementation of legislation for cryptocurrencies
The ECB is concerned that some countries under economic sanctions may use cryptocurrencies for internal and external transactions. This needs to be prevented, so Brussels is ready to expedite the adoption of relevant legislation.
Moreover, Christine Lagarde reminded the same bitcoin is used in various criminal schemes.
The ECB is concerned that some countries under economic sanctions may use cryptocurrencies for internal and external transactions. This needs to be prevented, so Brussels is ready to expedite the adoption of relevant legislation.
Moreover, Christine Lagarde reminded the same bitcoin is used in various criminal schemes.
Roger Bartlett, managing director and co-CEO of Global Markets at Goldman Sachs, expects to leave the company to join the Coinbase crypto-exchange team.
💬 "After 16 years at Goldman Sachs, it is time to embrace the crypto economy. I am delighted to announce that next week I’ll be joining Coinbase to run global financial operations," Roger said.
💬 "After 16 years at Goldman Sachs, it is time to embrace the crypto economy. I am delighted to announce that next week I’ll be joining Coinbase to run global financial operations," Roger said.
America's largest bank reached out to the metaverse
One of America's largest banks, JP Morgan, was the first among its competitors to join the metaverse. Thus, according to available data, the financial institution has become the owner of the so-called Metaverse waiting room in Decentraland.
"Putting aside the unnecessary and focusing on the essential, useful and beneficial is what we want JP Morgan to do," said Christine Moy, global head of Link, Crypto& the Metaverse.
To conclude, JP Morgan has calculated that by embracing the metaverse, the bank could generate about $1 trillion a year.
One of America's largest banks, JP Morgan, was the first among its competitors to join the metaverse. Thus, according to available data, the financial institution has become the owner of the so-called Metaverse waiting room in Decentraland.
"Putting aside the unnecessary and focusing on the essential, useful and beneficial is what we want JP Morgan to do," said Christine Moy, global head of Link, Crypto& the Metaverse.
To conclude, JP Morgan has calculated that by embracing the metaverse, the bank could generate about $1 trillion a year.
Crypto exchange Qmall blocked accounts of Russians and froze their assets
The trading platform stopped serving residents of Russia and Belarus due to military actions on the territory of Ukraine
Following the military operation, restrictions were imposed on the residents of Russia, Ukraine and Belarus by BTC-Alpha, KUNA and CEX IO exchanges. According to market participants, the world's largest cryptocurrency exchange by trading volume, Binance, may also impose restrictions soon, but representatives of the platform denied this information.
The trading platform stopped serving residents of Russia and Belarus due to military actions on the territory of Ukraine
Following the military operation, restrictions were imposed on the residents of Russia, Ukraine and Belarus by BTC-Alpha, KUNA and CEX IO exchanges. According to market participants, the world's largest cryptocurrency exchange by trading volume, Binance, may also impose restrictions soon, but representatives of the platform denied this information.
U.S. calls on cryptocurrency exchanges to prevent Russia from circumventing sanctions
The administration of U.S. President Joe Biden asked cryptocurrency exchanges to help prevent Russian individuals and organizations from using digital currencies to circumvent sanctions.
The White House National Security Council and the U.S. Treasury Department have requested operators of the world's largest centralized exchanges to crack down on any attempts to circumvent restrictions imposed by the United States and its partners following Russia's invasion of Ukraine.
Nevertheless, Binance has already stated that it does not intend to block the accounts of Russian residents.
The administration of U.S. President Joe Biden asked cryptocurrency exchanges to help prevent Russian individuals and organizations from using digital currencies to circumvent sanctions.
The White House National Security Council and the U.S. Treasury Department have requested operators of the world's largest centralized exchanges to crack down on any attempts to circumvent restrictions imposed by the United States and its partners following Russia's invasion of Ukraine.
Nevertheless, Binance has already stated that it does not intend to block the accounts of Russian residents.
The EU authorities abandoned the idea of banning BTC and other Proof-of-Work-based cryptocurrencies.
Earlier it was suggested that Proof-of-Work cryptocurrencies could be banned in the EU in January 2025, and an exception could be made for small cryptocurrencies which existence doesn't endanger EU renewable energy goals.
Earlier it was suggested that Proof-of-Work cryptocurrencies could be banned in the EU in January 2025, and an exception could be made for small cryptocurrencies which existence doesn't endanger EU renewable energy goals.
Bitcoin trading volume rises to highest since December 2021
Volatility in the crypto market remains weak, with bitcoin trading in a narrow range for the second week in a row.
On Thursday, March 3, the BTC exchange rate sagged to $43,559. Overnight, the capitalization of the leading digital currency shrank to $824,535 moribund. However, despite the lack of big moves, the market has seen high bitcoin trading volume in recent days.
A report from Arcane Research said that the average daily amount of cryptocurrency trades has risen sharply amid the tensions.
At the end of last week, trading volume was at its highest level since December 4, 2021. On Feb. 25-25, investors made transactions totaling more than $10 billion.
Volatility in the crypto market remains weak, with bitcoin trading in a narrow range for the second week in a row.
On Thursday, March 3, the BTC exchange rate sagged to $43,559. Overnight, the capitalization of the leading digital currency shrank to $824,535 moribund. However, despite the lack of big moves, the market has seen high bitcoin trading volume in recent days.
A report from Arcane Research said that the average daily amount of cryptocurrency trades has risen sharply amid the tensions.
At the end of last week, trading volume was at its highest level since December 4, 2021. On Feb. 25-25, investors made transactions totaling more than $10 billion.
The Binance director wrote a puzzling post:
"Fact:
Banks (most of them I hope) follow sanction rules.
Crypto exchanges (at least Binance) follow sanction rules.
Media:
Crypto exchanges don't sanction Russia normal people.
Crypto exchanges don't follow sanction rules."
Most likely, if told, Binance will support any sanctions.
"Fact:
Banks (most of them I hope) follow sanction rules.
Crypto exchanges (at least Binance) follow sanction rules.
Media:
Crypto exchanges don't sanction Russia normal people.
Crypto exchanges don't follow sanction rules."
Most likely, if told, Binance will support any sanctions.
The People's Bank of China claimed victory over bitcoin
Last spring, the government began pushing not only miners out of the market, but also cryptocurrency companies, including trading platforms. Banks were banned from servicing customer accounts linked to exchanges and other services.
Today, the Central Bank said that its policy has yielded results, with bitcoin transactions in China now accounting for only 10 percent of the total volume of cryptocurrency transactions conducted worldwide.
The regulator's memo stated:
"The global proportion of Bitcoin transactions in China dropped rapidly from more than 90% to 10%. Severely cracked down on illegal financial activities such as disorderly handling of finance and crackdown on illegal fund-raising crimes."
Last spring, the government began pushing not only miners out of the market, but also cryptocurrency companies, including trading platforms. Banks were banned from servicing customer accounts linked to exchanges and other services.
Today, the Central Bank said that its policy has yielded results, with bitcoin transactions in China now accounting for only 10 percent of the total volume of cryptocurrency transactions conducted worldwide.
The regulator's memo stated:
"The global proportion of Bitcoin transactions in China dropped rapidly from more than 90% to 10%. Severely cracked down on illegal financial activities such as disorderly handling of finance and crackdown on illegal fund-raising crimes."
Electric Capital attracted $1 billion in investment from venture capital funds
Pleasant news - a highly promising project has received a large influx of funds. The company plans to invest between $1 million and $20 million in various crypto-platforms, including Web 3.0, DeFi and NFT-infrastructure.
💬"We use the infrastructure we have built to provide liquidity, run validators, help teams better understand their ecosystems with our novel data, and more," said Electric Capital co-founder Curtis Spencer.
Pleasant news - a highly promising project has received a large influx of funds. The company plans to invest between $1 million and $20 million in various crypto-platforms, including Web 3.0, DeFi and NFT-infrastructure.
💬"We use the infrastructure we have built to provide liquidity, run validators, help teams better understand their ecosystems with our novel data, and more," said Electric Capital co-founder Curtis Spencer.
The value of Terra's stacking funds has exceeded $30 billion
Due to the rise in the price of the ecosystem's native token (LUNA), the value of funds in Terra stacking reached $30.20 billion. According to the Staking Rewards service, Terra is in second place after Solana (with a value of $38.95 billion). Ethereum 2.0 rounds out the top three with $28.17 billion.
Such a result isn't surprising for Terra. This ecosystem has long demonstrated high rates of cryptocommunity engagement.
Due to the rise in the price of the ecosystem's native token (LUNA), the value of funds in Terra stacking reached $30.20 billion. According to the Staking Rewards service, Terra is in second place after Solana (with a value of $38.95 billion). Ethereum 2.0 rounds out the top three with $28.17 billion.
Such a result isn't surprising for Terra. This ecosystem has long demonstrated high rates of cryptocommunity engagement.
👍1
Anonymous whale bought up 1 trillion Shiba Inu tokens
According to Whale Alert, a crypto whale under the alias "Gimli" bought 442.6 billion Shiba Inu tokens ($11.5 million) yesterday
As of March 3, the investor has 1 trillion Shiba Inu tokens in his wallet, valued at $38.2 million.
The price of Siba has dropped 70% since reaching ATH, and Google Trends shows that interest in the coin has dropped 90%.
According to Whale Alert, a crypto whale under the alias "Gimli" bought 442.6 billion Shiba Inu tokens ($11.5 million) yesterday
As of March 3, the investor has 1 trillion Shiba Inu tokens in his wallet, valued at $38.2 million.
The price of Siba has dropped 70% since reaching ATH, and Google Trends shows that interest in the coin has dropped 90%.
👍1
City of Lugano to allow BTC and USDT payments
A Swiss city plans to make bitcoin, USDT and LVGA (Lugano City Token) legal tender. This was announced at the Plan ₿ conference with Mayor Michele Foletti and Tether Technical Director Paolo Ardoino.
The event also announced a "World Bitcoin Forum" to be held in Lugano in October 2022.
Salvador: Finally, a worthy opponent! Our fight is gonna be legendary! 😂
A Swiss city plans to make bitcoin, USDT and LVGA (Lugano City Token) legal tender. This was announced at the Plan ₿ conference with Mayor Michele Foletti and Tether Technical Director Paolo Ardoino.
The event also announced a "World Bitcoin Forum" to be held in Lugano in October 2022.
Salvador: Finally, a worthy opponent! Our fight is gonna be legendary! 😂
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RockStar Baby is holding the ultimate giveaway! Stand a chance to win a FREE Snoop Dogg The Doggies NFT amongst other exciting prizes! 🚀
Even better,
RockStar Baby is a community and utility based NFT project for all musicians and music lovers.
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Coinbase and Tether ready to follow sanctions against Russia
Cryptocurrency exchange Coinbase promised not to apply sanctions against Russian addresses, but declared its readiness to follow the instructions of the U.S. government. This was announced by the head of the company Brian Armstrong.
A similar statement was made by Tether, the issuer of the USDT stablecoin. The company's CTO Paolo Ardoino expressed his determination to impose the bans.
In such circumstances, it is worth to get acquainted with the functionality of decentralized exchanges, where the impact of sanctions won't be so strong.
Cryptocurrency exchange Coinbase promised not to apply sanctions against Russian addresses, but declared its readiness to follow the instructions of the U.S. government. This was announced by the head of the company Brian Armstrong.
A similar statement was made by Tether, the issuer of the USDT stablecoin. The company's CTO Paolo Ardoino expressed his determination to impose the bans.
In such circumstances, it is worth to get acquainted with the functionality of decentralized exchanges, where the impact of sanctions won't be so strong.