2022-03-01

Daily Digest – March 1st

• The Cryptocurrency Markets Recover After A Horrible Week with BTC and LUNA Leading the Way.

• Bitcoin Whales Hit a Record High as Ruble Falls to New Lows

• Cryptocurrency Exchanges are not Going to Block Russian Accounts Despite Calls from the White House and Ukrainian Government.

• FTX Announces Groundbreaking $1 Billion Fund to Improve Humanity

Cryptocurrency Market Is Recovering Amid the War in Ukraine

The 1st of March brought some good news to cryptocurrency investors as the prices of Bitcoin and Altcoins significantly rose in less than a day.The Russian invasion of Ukraine on the 24th of February caused a sudden plunge in the cryptocurrency and stock markets. The ongoing events had led to uncertainty about the future and the possibility of a crisis. However, as the war enters its 6th day, cryptocurrencies seem to be making a recovery, giving new hope to investors...

E-commerce Giant eBay Now Allows NFT Sales and is Poised to Accept Crypto Soon

During an interview Monday with TheStreet.com, Jamie Iannone – the CEO of e-commerce giant eBay – said the online retailer is exploring the possibility of accepting cryptocurrencies as a means of payment. He also stated that the company quietly changed its policy regarding the sale of non-fungible tokens (NFTs), allowing them to be bought and sold using traditional payment methods such as PayPal, credit cards, and debit cards – since last year...

People Raised $70M for ‘Scammy’ NFT Project Pixelmon with Shockingly Poor Quality ArtPixelmon was supposed to be a Pokémon-like metaverse game, yet it revealed horrible art and poor game quality.

Why Financial Sanctions Might Boost Russia’s Crypto Market

The West has firmly moved to cut Russia from the SWIFT banking system. The decision comes alongside another round of harsh financial sanctions targeted toward Russian banks and oligarchs. As ordinary Russian people continue to queue to get cash from ATMs, some experts opine that, thanks in part to the surge in cryptocurrency’s adoption in Russia, the impact of these western sanctions could be blunted...

That's you all up to date. But if you're hungry for more crypto news and insights, there's always more on our website.And feel free to reach out to us at [email protected] with any questions or comments.Until next time,Tadas