Author: Donald Munn
In addition to the sanctions imposed on Russia following the invasion of Ukraine, the currency transfer giant Western Union (Money Transfer) has also suspended its services. The consequences of a war The consequences of what the Russian president calls a “special operation” and what the rest of the world considers an invasion in Ukraine have not been long in coming. The international community, institutions and states all over the world have unanimously condemned the war started by Putin on 24 February and have taken action with extremely heavy commercial, financial and political sanctions. The most important sanctions imposed on the…
Bitcoin Analysis Bitcoin’s price concluded its daily session with a lower price than it began Sunday and BTC’s price closed the week’s final daily candle -$1,039.20. The BTC/USD 1D chart below from foxxone shows BTC’s price trading between 0.786 [$38,366.13] and 0.618 [$44,978.10]. Bullish BTC traders have a primary target of 0.618 with a secondary target of 0.5 [$49,527.40] and a third target of 0.382 [$54,132.39]. Bitcoin traders expecting further downside are looking to push BTC’s price below 0.786, 1 [$30,014.70] and potentially down to retest the $20k level which is the next major level of support for bullish traders.…
Since the government of Ukraine asked the international community on 26 February to accept donations in cryptocurrency to help the country during the Russian invasion, donations have risen to more than $90 million, according to the latest estimates of the Ministry of Technological Innovation. Stand with the people of Ukraine. Now accepting cryptocurrency donations. Bitcoin, Ethereum and USDT. BTC – 357a3So9CbsNfBBgFYACGvxxS6tMaDoa1P ETH and USDT (ERC-20) – 0x165CD37b4C644C2921454429E7F9358d18A45e14 — Ukraine / Україна (@Ukraine) February 26, 2022 200,000 crypto donations for Ukraine More than 200,000 crypto donations have been received, some of them substantial, others derived from the sale of NFTs. One…
Elon Musk will not sell his Bitcoin, Ethereum and Dogecoin. The eclectic CEO of Tesla said this in a tweet in response to Michael Saylor, CEO of Microstrategy. Elon Musk holds on to his Bitcoin It all stems from an initial tweet in which Elon Musk asked his followers what they thought about inflation in the US. What are your thoughts about probable inflation rate over next few years? — Elon Musk (@elonmusk) March 13, 2022 This tweet was answered by Michael Saylor, CEO of Microstrategy. Before going any further, it is worth noting that Microstrategy and Tesla are two…
A rumour has been circulating in recent days that Bitcoin could be declared legal tender in Mexico, as El Salvador did last year. BREAKING: Mexico to declare #bitcoin as legal tender. Updates to come as story develops. — Stone Cold Ahmedito (@bandito_2) March 11, 2022 The case of El Salvador, amidst pros and cons However, at this moment there is no confirmation that the Mexican state is seriously considering this hypothesis. Since El Salvador announced that it has declared Bitcoin legal tender in the country, many other countries have started to discuss this possibility. In fact, so far the balance…
SPONSORED POST* Just as 2021 saw the rise of Shiba Inu, Doge, Cardano, Solana, Avalanche Polkadot, and more, 2022 is sure to see its own share of crypto breakout stars generating hundreds of thousands, if not millions in capital gains for savvy investors who buy in at the right time. One strong contender that is expected to skyrocket in value in the months ahead is ArbiSmart (RBIS). Right now, RBIS, which is new to the global exchanges, is valued at under a dollar, but the price is projected to soar by 4,000% by the end of the year, as the…
Today the ECON (Economic Policy Committee of the European Parliament) will vote on the draft amendment to the European Union’s cryptocurrency regulation (MiCA). Within it is an amendment that could lead to the banning of Bitcoin. The amendment to ban Bitcoin in the EU Despite the fact that a few days ago the author of the draft, Stefan Berger, revealed that he had removed the part of the text dealing with the energy consumption issues of Bitcoin’s Proof-of-Work (PoW), a last-minute amendment has surfaced that would reintroduce it. Berger filed the final draft a week ago, but the amendment was…
Solana Pay is the new decentralized payment gateway between merchants and customers that could compete with PayPal for fast and low-cost transactions. Solana Pay: the payment gateway for merchants and customers It was early February when Solana Pay was announced on Solana’s Twitter account: 2/ Launching today, Solana Pay makes it easy for merchants worldwide to accept digital dollars like $USDC, and any other #Solana SPL Token, for a fraction of a penny and without any intermediaries — Solana (@solana) February 1, 2022 “Introducing Solana Pay, a decentralized, secure, and open-source payments protocol for the next generation of merchant payments…
The cryptocurrency bill, Markets in Crypto Assets (MiCA), presented by a coalition led by Stefan Berger, which was due to be voted on Monday 28 February and has been postponed by a fortnight, reaches the European Parliament. The MiCA bill to be voted on in the European Parliament The bill would be linked to regulating cryptocurrencies that use the Proof of Work system, such as Bitcoin and Ethereum, because of their excessive energy consumption. This fact, as explained by the first signatory of the law, the German Cdu MEP, economist Stefan Berger, could suggest that the two most famous and…
New week, new crypto horoscope dedicated to the next week which runs from 14 to 20 March 2022. This week will be characterized by two transits: Full Moon in Virgo on Friday 18 March; the new Sun in Aries on Sunday 20 March. For several months now, we have been devoting space to the crypto horoscope written by Stefania Stimolo, an expert in astrology and blockchain. You will find this analysis of your zodiac signs every Sunday only on cryptodailynews24.com. With our “Reporting the Future” slogan, we wanted to playfully expand on this theme with this entertainment column. The crypto…