- Russia Sanctions Crypto Update!
let me update you on the Russia Ukraine situation as it pertains to crypto tensions and conflict from Russia to Ukraine continue to heat up Russia continues to lay siege across Ukraine and because of this to try to stop Putin sanctions restrictions continue to
be put in place to try to isolate Putin and Russia from finances from resources whether they're coming from governments or whether they're coming from private companies the past 24 hours the news is this
EU commission to remove Russian banks from SWIFT cross border network while condemning the Russian president Putin's move to lay siege across Ukraine the EU commission committed to undertake a series of measures to isolate Russia from international finance systems so whether this is coming from the government the sanctions whether this is coming from private companies, in this case, apple stops apple pay transactions in Russia Putin is surely feeling the pressure now unfortunately innocent Russian people are also feeling this pressure Russians have found out about the sanctions and the swift ban a bank run seems to have begun
people are waking up and realizing we need bitcoin we need crypto we need open transparent permissionless censorship-resistant either money or financial products whatever it is web3 crypto people are waking up we need this so whether it be Putin with sanctions or Russian people with censorship Russia and Putin and the people are waking up to the fact we need bitcoin we need crypto on the other side of the coin Ukrainian people directly the Ukrainian leadership is calling out to the cryptocurrency community hey we need money we need resources this has been verified by several sources including vitalik but always do your own research I believe this is going to the right people to stand with the people of Ukraine now accepting cryptocurrency donations bitcoin Ethereum and usdt bitcoin address Ethereum address where you can also send stable coins or ERC20 tokens
- $17.2M in Crypto Sent to Ukraine (Almost $2M From NFT Sales)
the cryptocurrency community is coming together in such a huge way just two days ago it was less than a million yesterday it was 4 million now it is 17.2 million and counting in crypto sent to Ukraine including 2 million from NFT sales thousands of people have donated millions in crypto to help support Ukraine versus Russia Ukraine is truly realizing why we need bitcoin why we need censorship resistant permissionless undebatable ways of transacting open transparent why we need cryptocurrency
- A record 76.5% of all bitcoin has not moved in at least six months.
let's check in on some of our favorite coins whether it be bitcoin Ethereum Cardano Solana dogecoin let me update you on everything going on in the space taking a look at bitcoin a record 76.5 of all bitcoin has not moved in at least six months as a bitcoin holder as a bitcoin believer as somebody who believes more and more people are going to opt in to hold a little bit of their savings in bitcoin this is exactly the metric I would want to see to give me hope for the future that bitcoin is valuable bitcoin will continue to be adopted
checking in on Ethereum specifically the beacon chain eth 2.0 beacon chain major milestones again this is what I want to see staked Ethereum 9 million 600 000, not dollars but Ethereum along with 300 000 active validators this is incredible support and strength for eth2 point
- Cardano 3rd the MOST POPULAR crypto on Reddit.
let's talk about Cardano I was surprised to see that Cardano is the third most popular third most talked about cryptocurrency in all of Reddit behind bitcoin behind Ethereum Cardano is the third most popular than Binance coin then loop ring xrp crypto.com Shiba Inu and stable coins Solana Cardano number three let's talk about this because Cardano could go down lower in the short term I believe Cardano is going to be here for years to come and eventually, demand is going to kick in
interesting metrics about Cardano ADA holders can expect demand to kick in thanks to what we're seeing let's go over it
ADA holders have kept on accumulating surprisingly even as the ADA token has played in the discount zone in the current market structure
the investors have taken advantage of the price dip since December of 2019 the price of ada exploded to three dollars an all-time high before entering a downtrend affected by the wider crypto market despite the downtrend the number of Cardano wallets at press time was on a linear rise it rose by 3.66 percent since the beginning of February growing from just under 3 million on the 1st of February to over 3 million on the 24th of February this represents a total increase of 100 000 according to statistics on the Cardano blockchain insights healthy ecosystem this is what i want to see metrics say this according to data shared by into the block ada holders have seemingly been unfazed by Russia military action and their potential ramifications in fact they have kept on accumulating to the point that holders increased their position to more than 10 billion this is what the data shows regardless of the price action Cardano holders remain strong the balance held by huddlers addresses holding for more than a year is at a multi-year high these holders increased their position to 10.12 billion ADA
the largest balance since December 11, 2019. and I don't know when the last time you got a chance to look at Cordano's budding ecosystem but there is a lot to look at Cardano definitely has projected building with it and on it, whether it's gaming defi
Not financial, legal, or tax advice, just opinion I am not an expert! Do not guarantee a particular outcome I have no inside knowledge! you need to do your own research and make your own decisions! this is just education and entertainment thank you so much for supporting us for more news
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