Bitcoin is heading for $42K support as stock market volatility pushes the price of the cryptocurrency lower
Bitcoin’s link to U.S. stock indexes has been highlighted by turbulent macro developments, with BTC/USD reaching its lowest levels for March so far. With U.S. equities going down, Bitcoin (BTC) broke past $43,000 after the March 3 Wall Street open. On the open, stocks and Bitcoin are both down. BTC/USD maintained within a small intraday […]
NFT Infrastructure Startup Rarify raises $10M in a Series A funding round
Rarify has raised $10 million in a Series A fundraising round led by Pantera Capital. The fund will be utilized to speed up the hiring process and product launches with business partners. Rarify, which provides an infrastructure to assist firms to add non-fungible tokens (NFT) to their platforms, has raised $10 million in a Series […]
Concerned Russians donate crypto to support Ukraine
Some Russians are using their Bitcoin (BTC) to aid Ukrainians in the ongoing military attack, this portrays to be one of few ways for Russians to help Ukrainians amid the war. In the midst of Russia’s ongoing military onslaught on Ukraine, Pavel Muntyan, a prominent Russian animation producer and creator of the animated web series […]
Proof-of-Work Ban Deleted From Crypto Regulation Draft In Europe
The regulation prohibiting proof-of-work mining might have been removed from the draft legislation targeted at the European crypto space. Proof-of-work (PoW) activities are missing in the current version of the EU’s Markets in Crypto Assets (MiCA) framework that might have banned cryptocurrency mining such as Bitcoin. The plan was set to be approved by the […]
Ukraine’s Vice Prime Minister cancels proposed crypto airdrop and suggests NFTs instead
The Vice Prime Minister of Ukraine who had earlier announced a crypto airdrop has cancelled the initiative, in it’s stead, the Minister announced launch of NFTs to support the Ukrainian Armed Forces. Ukraine’s Vice Prime Minister , Mykhailo Fedorov, has declared that the country’s crypto airdrop has been canceled. The airdrop was scheduled to begin […]