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“# USDT premiums soar on Ukraine’s Kuna exchange ” Against the backdrop of an ongoing Russian invasion, the price of Tether’s USDT stablecoin soared to as high as 36.97 Ukrainian hryvnia (UAH) on Ukraine’s Kuna exchange on Thursday. The total trading volume of all cryptos on the exchange amounted to about $4.4 million in the past 24…
“# Monster Energy files NFT and metaverse trademark applications ” According to recent filings with the United States Patent and Trademark Office (USPTO), Monster Energy has four pending trademark applications related to the nonfungible tokens (NFTs) and metaverse realms. The first trademark application consists of downloadable virtual goods comprised of, but not limited to, beverages,…
“# Twitter users ask Ukrainian armed forces to start accepting crypto donations ” On Thursday, Russia launched a full-scale invasion of Ukraine on multiple fronts, prompting a swift response from the Ukrainian government as it mobilized troops, armed civilians and called upon world leaders to come to its aid. The same day, the Ministry of…
“# Digital gold narrative valid as long as MicroStrategy holds Bitcoin, says exec ” As some industry executives have questioned Bitcoin (BTC) as being the digital gold amid a massive market crash on Thursday, other experts continued to support the digital gold narrative for now, or until whale investors like MicroStrategy cash out. Ki Young…
“# Survey: US consumers’ dissatisfied with Web2, limited knowledge of Web3 ” Findings from an online survey of 1,500 United States-based consumers reveal people’s deep concerns over privacy and tech platforms’ outsize power while suggesting that Web3 is yet to become a household term. The study was fielded by global insights and strategy firm National…
“# FTX CEO weighs in on Bitcoin market outlook amid Ukraine crisis ” The world woke up to a “sea of red” that was not necessarily limited to the financial markets, as Russia declared war on Ukraine early Thursday. The traditional financial markets along with the crypto markets have been sliding bearishly for the past…
“# Bitcoin plunges as Putin announces ‘special military operation’ in Ukraine ” Global crypto and stock markets plunged after Russian President Vladimir Putin announced on a national broadcast that his army would conduct a “special military operation” in Ukraine. As the sun began to rise in Ukraine, the Russian army launched missiles around several areas…
“# Hedge fund report says Bitcoin price is ‘at a relatively inexpensive place’ ” There has been a lot of focus on the performance of the stock and cryptocurrency markets over the past year or two as the trillions of dollars that have been printed into existence since the start of the COVID pandemic have…
“# TreasureDAO engineer alleged to have past involvement in questionable NFT projects ” On Wednesday, decentralized finance, or DeFi, detective @zachxbt published a long thread about TreasureDAO’s frontend engineer Just Cheese, or JC, and his alleged past involvement in several nonfungible token, or NFT, projects. According to its whitepaper, TreasureDAO is a “decentralized NFT ecosystem…
“# Price analysis 2/23: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT ” Bitcoin (BTC) and several altcoins have bounced off their immediate support levels after buyers attempted to arrest the current decline. Bloomberg Senior Commodity Strategist Mike McGlone highlighted in a recent Tweet that Bitcoin was trading roughly 20% below its 50-week…