SIGNAL

2022-03-01 10:02:42 The price of bitcoin rises above $43,000

Bitcoin on Tuesday morning rises in price by 14%, exceeding the mark of 43 thousand dollars, according to trading data. On the largest cryptocurrency exchange in terms of trading volume Binance. Open / Comment

2022-03-01 06:01:43 The average transaction volume on the Ethereum network dropped to a 6-month low of $263.73. Most of all transactions accounted for the largest NFT marketplace - OpenSea. Open / Comment

2022-02-28 14:02:24 Dolce & Gabbana and Paco Rabanne to attend Decentraland Fashion Week

The luxury NFT marketplace UNXD, together with the GameFi project Decentraland, announced the participants of Metaverse Fashion Week. It is reported by Vogue Business.

Dolce & Gabbana, Paco Rabanne, Tommy Hilfiger, Jacob & Co, Elie Saab, Etro, Dundas, Nicholas Kirkwood, Cavalli, Axel Arigato and other fashion houses and brands will visit the first metaverse fashion week.

On March 24-27, event attendees will be able to showcase their virtual fashion collections on the catwalk, buy avatar outfits, and join the after-show party. Open / Comment

2022-02-28 10:02:12 Cryptocurrency community donated over $13 million to Ukraine

Since the start of the war, the cryptocurrency community has donated more than $13 million to the government of Ukraine and a number of non-profit organizations, journalist Colin Wu reported.

On February 26, the official Twitter account of Ukraine published addresses in the bitcoin and Ethereum networks that can be used to make donations to the state. At the time of writing, the total amount of donations received by these wallets exceeded $6.7 million.

According to Blockchain.com, over 34.44 BTC (~1.33 million at the current exchange rate) has been received on the provided bitcoin address. More than 1,651 ETH (~$4.51 million) and about $880,000 in ERC-20 tokens were transferred to an Ethereum address, including 771,500 USDT Open / Comment

2022-02-28 06:01:32 Commission in the Ethereum network fell 5-10 times

The transfer of ETH costs up to $2, and the transaction of other erc-20 tokens ~ $3-$5.

While there is time, make the transactions you need on the Ethereum network. For example, you can withdraw USDT on Ledger. It is unlikely that this will last forever. Open / Comment

2022-02-27 14:02:09 In the fourth quarter of 2021, Block (formerly Square) generated $1.96 billion in bitcoin sales through the Cash App, generating a gross profit of $46 million for the firm.

The company's total revenue for the period reached $4.08 billion, up 29% year-on-year.

In 2021, Block's revenue increased by 86% to $17.66 billion. The firm posted a gross profit of $4.42 billion, up 62%.

However, the company's annual net income was $166 million, of which $77 million came in the fourth quarter. Data: block.

The main drivers of growth in financial performance in Block called the Cash Card offer and payment services for merchants of the Square ecosystem.

The acquisition of Australian installment service Afterpay also contributed to the expansion of the company's product offering, the report said. Open / Comment

2022-02-27 10:01:59 US Senator praises bitcoin for its decentralization

Republican Senator from Texas (USA) Ted Cruz, during his speech at the Conservative Political Action Conference (CPAC), noted the decentralization of bitcoin.

The politician stressed that no one is able to control the first cryptocurrency. As an example, he cited the situation in Canada, where, due to protests, Canadian Prime Minister Justin Trudeau applied the Emergency Law.

The country's authorities ordered banks, as well as crypto-exchanges and custodial services, to freeze accounts that received donations in support of the protesters. Open / Comment

2022-02-27 06:01:20 Ripple vs. SEC: Commission Files Objection to Garlinghouse's Petition

Attorney Jasm Phelan said on his Twitter page that the SEC filed an objection to Brad Garlinghouse's motion to demand the release of recordings made by Matthew Estabrook, an adviser to then US Securities and Exchange Commission Commissioner Roisman, at a meeting between Roisman and Garlinghouse in 2018. According to Filan, the Securities and Exchange Commission submitted these notes to Justice of the Peace Netburn for consideration behind closed doors. In its filing, the SEC insists that these memos are protected by “deliberative privilege,” a principle of law that a regulator can refuse to release documents.... Open / Comment

2022-02-26 14:01:41 China has tightened the responsibility for fundraising in cryptocurrencies

The Supreme People's Court of the People's Republic of China amended the legal norms on illegal attraction of funds, toughening criminal liability.

For raising funds in cryptocurrencies, the authorities have established a punishment in the form of imprisonment for a term of three years or more. Those found guilty will also be sentenced to a fine, the amount of which depends on the term of imprisonment:

From three to seven years - from 100,000 to 5 million yuan (~$150,830-$791,870)

Over seven years - from 500,000 yuan (~$79,187) Open / Comment

2022-02-26 10:01:30 The head of FTX: the world has left the phase of stability

The head of the FTX bitcoin exchange, Sam Bankman-Fried, expects demand for bitcoin to grow amid economic instability in Eastern Europe associated with a military operation in Ukraine and the devaluation of national currencies.

“War is usually bad. What is BTC supposed to do here? On the one hand, if the world is getting worse, people will have less free money. In effect, the sale of BTC—along with stocks, etc.—is paying for the war. On the other hand, the events destabilize the currencies of Eastern European countries and the financial systems of the region as a whole. People may show interest in alternatives. If you were in Ukraine now, where would you keep your money?” he commented. Open / Comment