Due to their unique advantages over fiat, Cryptocurrencies have played a vital role in the conflict between Russia and Ukraine. In truth, Ukraine has bankrolled part of its war effort from crypto donations. However, recent market volatility has also affected the value of these donations. Ukraine’s Crypto Donations Tank About 12% In Value Following Putin’s
As Terra sold off 80,081 BTC, wallets with a bitcoin balance of less than 100 took the opportunity to stack up.
ZyCrypto: Balenciaga’s Acceptance of BTC and ETH Payments Shows Crypto’s Fast-Moving Pace In The Fashion Industry
Crypto adoption in the fashion industry is on the rise. French fashion house Balenciaga has joined the train as it accepts crypto for payments.
ZyCrypto: Cardano, Shiba Inu Post Double-Digit Gains As Bitcoin, Ethereum Mount Ultra-Bullish Rebound
The overall cryptocurrency market has also grown to 5.46% to sit at $1.27 trillion
Former crypto critic Citadel’s Ken Griffin has come out to speak in favor of the nascent market once again. Griffin has now lent his voice to the industry’s push for clear regulations. Griffin Says Regulations Will Help Reduce Risks And Foster Institutional Adoption CEO of prominent market makers Citadel, Ken Griffin, speaking at a Bloomberg
ZyCrypto: LUNA 2.0 Off To A Rocky Market Debut — Do Kwon’s Resilience In Making Terra Whole Again Is Questioned
After debuting on Saturday, May 28, the new LUNA token plunged by over 75% within hours of tapping $30 based on data by CoinGecko, provoking yet another bushel of criticism from the crypto community.
ZyCrypto: Billionaire Tim Draper Still Expects Bitcoin’s Astronomical Rise To $250k; Here’s The Surprising Catalyst
Billionaire venture capitalist Tim Draper still firmly believes his lofty $250,000 bitcoin price prediction will come to pass this year spurred by…
Crypto fraud and exploits have grown even more rampant in recent times. Consequently, the Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam has said the commission would expand its resources to tackle these issues. Crypto Enforcement Now A Priority For Regulators CFTC chair Behnam has raised concerns about the rapid rise of crypto-related fraud in
ZyCrypto: With SpaceX Poised To Accept Dogecoin Payments For Merch Soon, Will DOGE Get Its Glory Back?
Dogecoin got really close to the $1 mark last May when DOGE reached its $0.78 apex. But the last few months haven’t been near as kind for Dogecoin.
The past weeks were a very turbulent one for the crypto markets as all witnessed the crash of the Terra ecosystem amid a market-wide correction. Consequently, Circle CEO Jeremy Allaire has said that recent events will speed up crypto regulations. Market Crash Will Speed Up Regulations Speaking with Yahoo Finance Live on Monday, Jeremy Allaire,