⁠$40K Bitcoin price is in reach, but analysts warn that a sweep of recent lows is likely

Sky high inflation, fear over the Fed’s expected rate hike and exploding commodity prices are all possible reasons for BTC’s recent dip below $40,000.—link

⁠Buying big? Nearly 30K BTC leaves Coinbase Pro in 3 transactions

If confirmed, someone could have made a serious commitment to BTC worth over $1 billion.—link

On Monday, Instagram will be blocked in Russia (Moscow has already limited access to Twitter and blocked Facebook which is also owned by Meta).
This decision will cut 80 million in Russia off from one another, and from the rest of the world as ~80% of people in Russia follow an Instagram account outside their country. This is wrong.

Netmarble is about to release their first p2e game. This is the first AAA gaming company entering the space so we expect it to be a hit.
Join their discord server if you are interested to get your hands on the limited NFTs.

https://discord.gg/uEGENQEXkw

The ETH 2.0 deposit contract has hit 10M $ETH staked.

According to our data, at least 66% of these funds were deposited by exchanges and staking services, rather than individual stakers.

The largest deposited volume comes from Lido (22%), Coinbase is runner up with 15%

Ukrainian crypto trading rose by 107% since the conflict began. Furthermore, the collapse of the Ruble and the increasingly dysfunctional banking system in Russia has prompted a 231% rise over the same period — link

Currently over 99% of all Bitcoin volume comes from transactions of over $100k — link

Ukraine turns crypto donations into 5,550 bulletproof vests, 500 helmets and more.— link

⁠Bitcoin tracks $39K ahead of Europe vote on Proof-of-Work legality

Bitcoin price action stabilizes on the first day of a week which should see multiple tests of traders' resolve.— link

38% of all #bitcoin has not moved in over 3 years, a new record. People are stacking #Bitcoin for long-term and keep hodling, as they know the future is #Bitcoin 📈. You should also keep #BTC in your portfolio and hodl for long-term.

Bitcoin addresses holding 1-10 $BTC have been increasing over the past month.

The Bitcoin Lightning Network ecosystem is growing — link

⁠Bitcoin eyes highest weekly close since early February as BTC price hovers under $42K

Things are looking up on higher timeframes for Bitcoin price action, with stocks also pointing higher on Friday.—link

Florida governor says the state will accept Bitcoin for tax payments — link

Bitcoin prices have now consolidated between $38k and $45k for over 2-months, and a large volume of $BTC has changed hands.

This chart shows:
🟥 Newer buyers (Short-Term Holders) have accumulated heavily in this range.
🟦 Many Long-Term Holders are holding coins at a loss.

⁠Ethereum price breaks through $3K, but analysts warn that a retest is needed

ETH price finally pushed through the $3,000 barrier and while further upside is warranted, analysts believe that retest of lower levels will happen first.—link

Social media giant Meta highlights crypto in new trademark applications — link

KRAFTON, creators of the globally popular PUBG: BATTLEGROUNDS battle royale game, today announced the signing of a business agreement with Solana Labs to support the design and marketing of blockchain-based games and services.

Honduras Will Adopt Bitcoin As Legal Tender In The Coming Days.

According to numerous online sites, Honduras may be the next country to legally recognize Bitcoin as legal tender, following El Salvador.

In August 2021, Honduras had previously installed its first Bitcoin and Ethereum ATM in Tegucigalpa, allowing consumers to purchase digital assets using the native currency lempira.Interestingly, according to CoinMarketCap community voting, Honduras, which borders El Salvador, is only the 40th nation expected to allow bitcoin to be used as legal tender.

The market capitalization of the algorithmic stablecoin UST has soared in comparison to its longer-running counterpart DAI. Year-to-date, UST market capitalization has increased 55%, while DAI’s has risen 5.7%.