Kraken exchange to give out $1,000 worth of Bitcoin to its Ukrainian users
Organizations and individuals attempting to assist Ukraine in the current conflict with Russia continues to increase, with the most recent being Kraken, a cryptocurrency exchange based in the United States. Kraken, one of the world’s largest cryptocurrency exchange, will reward each Ukrainian citizen who registers for an account on the platform by March 10th $1,000 […]
Will Bitcoin’s Correlation with stocks separate after hitting 2 month low?
Bitcoin’s most recent gain caused it to diverge even farther from the stock market. While global markets continued to fall on news that the US might impose a ban on Russian energy, the world’s largest cryptocurrency rose more than 6% to surpass $41,000. Bitcoin surpassed stocks last month Despite falling in line with equities in […]
Drake Loses $275,000 Bitcoin Bet as Covingto Defeats Masvidal
Canadian musician Drake has lost around $275,000 Bitcoin bet, the most popular cryptocurrency. Drake Loses $275,000 in Bitcoin After betting on American professional mixed martial artist Jorge Masvidal, Canadian musician Drake has lost around $275,000 in Bitcoin, the most popular cryptocurrency. Masvidal was predicted to face Colby Covingto in Saturday’s UFC 272 event at the […]
BTC mining difficulty drops for the first time since November
After attaining a 6-months all-time high difficulty about 2weeks ago, the Bitcoin (BTC) mining difficulty adjustment has lowered for the first time since November 2021, dropping about 1.5%. The change comes after a string of six positive difficulty adjustments in a row, during which the mining difficulty and hash rate both reached new highs. Over […]
Here’s Why the Recent Bitcoin Rally Had Nothing to Do With Russian Sanctions.
Bitcoin’s (BTC) price soared above $44,000 earlier this week amid allegations that fresh US sanctions against Russia were to blame. However, fresh research suggests that claims that Russians are circumventing sanctions by using cryptocurrency are unfounded. The value of ruble-denominated crypto activity on March 3 was $34.1 million, according to statistics from blockchain analytics firm […]