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3AM Capital Channel pinned Β«Visa, Mastercard Join PayPal in Suspending Russian Operations Visa, Mastercard and PayPal are all suspending operations in Russia, the companies announced on March 5, citing the Russian invasion of Ukraine. Visa will begin working to discontinue transactions…»
Bitcoin below $39,000; dogecoin, Shiba Inu, Solana also plunge. Check cryptocurrency prices today

The world's biggest cryptocurrency Bitcoin is down around 17% in 2022

In cryptocurrencies, Bitcoin price today plunged below the $39,000 level after remaining volatile in the past few sessions. The world's most popular and largest cryptocurrency was trading over 3% lower at $38,315. The digital token is down about 17% in 2022 (year-to-date or YTD) so far. However, it is about 30% far away from its record high of near $69,000 it had hit in November last year.

Meanwhile, the global cryptocurrency market capitalisation remained below the $2 trillion mark, as it was down over 4% in the last 24 hours at $1.79 trillion, as per CoinGecko.

Ether, the coin linked to the ethereum blockchain and the second-largest cryptocurrency in terms of market capitalization, also declined over 4% to $2,545. On the other hand, dogecoin price also tanked 4% at $0.12 whereas Shiba Inu plummeted more than 5% to $0.000023.
Binance Launches Fiat-to-Crypto Payments Platform



Binance has announced that it is launching its own fiat-to-crypto payments platform that is designed to "connect businesses, merchants and millions of users to the world of crypto and blockchain."

The new service β€” known as Bifinity β€” aims to help companies get "crypto ready," putting them in a position where they will be able to accept digital assets as a payment method.

More than 50 cryptocurrencies are being supported by this new payments provider β€” alongside major, more traditional networks offered by the likes of Visa and Mastercard. Bifinity also promises to offer low-cost payment processing for merchants and a "top-tier" KYC onboarding process.
Limiting Proof-of-Work Crypto Back on the Table as EU Parliament Prepares Virtual Currencies Vote


The latest draft of the European Union's (EU) proposed legislative framework for governing virtual currencies, Markets in Crypto Assets (MiCA), still contains a provision that could limit the use of proof-of-work cryptocurrencies.

Proof-of-work is the energy-intensive consensus mechanism that underlies popular cryptocurrencies like bitcoin and ether. The computing process has come under heavy scrutiny from lawmakers in the EU over energy concerns.

A previous draft of the MiCA framework contained a strongly worded provision that proposed a prohibition of crypto services that rely on environmentally unsustainable consensus mechanisms starting in January 2025. But the provision was later scrapped following industry backlash.
3AM Capital Channel pinned Β«Limiting Proof-of-Work Crypto Back on the Table as EU Parliament Prepares Virtual Currencies Vote The latest draft of the European Union's (EU) proposed legislative framework for governing virtual currencies, Markets in Crypto Assets (MiCA), still contains…»
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Tennis champion Naomi Osaka signs up to FTX's sports celebrity roster to help get more women into crypto :-


Four-time Grand Slam champion Naomi Osaka has become the latest sports celebrity to partner with FTX.

The tennis star will receive an equity stake in the crypto platform and be compensated in cryptocurrency, FTX said Monday.

Osaka will further FTX's goal of getting more diverse voices involved in crypto's future, the company said. 
28/03/22 #Signal

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Today, Russia and Ukraine will conduct a new round of negotiations, and the Ukrainian side thinks that there may not be much progress. It also means the war will continue, and inflation and risk aversion will continue to support the higher price of GOLD! And then maybe the crypto market will be affected too!
Big news from Vietnam! πŸ‡»πŸ‡³πŸ‡»πŸ‡³πŸ‡»πŸ‡³
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