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Data Shows Ruble-Denominated BTC Volume Rising, BTC-RUB Prices Jump as High as $46K – Markets and Prices Bitcoin News - BitcoinEthereumNews.com

Amid the conflict in Ukraine with Russia, bitcoin trade volumes tied to Russian ruble pairs have surged in recent days. Metrics recorded by the crypto analytics provider Kaiko indicate that ruble (RUB)-denominated bitcoin volume reached close to 1.5 billion rubles four days ago, on February 24. Data also shows that bitcoin-ruble pairs saw a significant premium on February 28, jumping 16% higher than the global average.　　Russian Demand for Bitcoin Surges Causing BTC-RUB Premiums　　Statistics show that there‘s been a lot of demand for bitcoin (BTC) stemming from Russia during the last 96 hours. It started almost immediately after Russia invaded Ukraine’s borders and while the warfare between the two countries escalated.　　Data from the crypto analytics provider Kaiko shared with the crypto-journalist Omkar Godbole shows that ruble-denominated BTC trade volume has spiked a great deal. Kaikos data showed that ruble-denominated BTC volume tapped a nine-month high reaching nearly 1.5 billion rubles on Thursday.　　“The activity was concentrated on Binance,” Kaiko analyst Clara Medalie told the reporter. “Bitcoin-Ukrainian hryvnia volume has also spiked, but not as high as October levels. BTC-UAH only trades on [two] exchanges – Binance and Localbitcoin.com,” Medalie added.　　BTC-RUB data on February 28, 2022, via Coingecko.com.　　In addition to the BTC-RUB volume

2022-02-28बिटकॉइन

Request Network Becomes One of Most-Purchased Tokens by Ethereum Whales - BitcoinEthereumNews.com

अरमान शिरीनयान　　One of the biggest projects from 2017 received sudden attention from whales　　Request Networks token, REQ, surprisingly became one of the most purchased tokens among Ethereum whales, according to WhaleStats tracking service. REQ gained sixth place as one of the most widely purchased assets among Ethereum whales.　　Request Network is a token from the “2017 Era,” also known as the “ICO Era” – the first major bullrun on the cryptocurrency market, during which Bitcoin reached the $20,000 milestone and garnered its first recognition from governments all over the world.　　The project was initially aimed at creating an ecosystem similar to PayPals that would allow for paying with crypto on almost any website with a click of a button. But unfortunately for its investors, the project lost the attention of the public after the bullrun concluded.　　स्रोत: व्हेलस्टैट्स　　The price of the asset rapidly dropped from almost $1 to $0.2 as time passed by. The price movement of REQ shook investors up back in November when the token‘s price jumped to $1.1, updating 2017’s ATH.　　As for now, REQ is trading at $0.2 and has already formed a so-called flatline bottom, which usually appears on assets that have lost the major part of their liquidity, volume

2022-02-28एथोरम

Gabe Newell: Half of Bitcoin Transactions on Steam Were Fraudulent - BitcoinEthereumNews.com

Bitcoinगेब नेवेल: स्टीम पर आधे बिटकॉइन लेनदेन धोखाधड़ी वाले थे02 / 28 / 2022बिटकॉइन एथेरियम समाचार　　Half of all crypto transactions on PC gaming platform Steam were fraudulent before it removed Bitcoin as a payment option, according to Valve president Gabe Newell.　　को सम्बोधित करते हुए पीसी गेमर, Newell said that, “We had problems when we started accepting cryptocurrencies as a payment option. 50% of those transactions were fraudulent, which is a mind-boggling number. These were customers we didnt want to have.”　　He said that the crypto space is populated with actors that, “are not people you want interacting with your customers.”　　Steam introduced Bitcoin as a payment option in April 2016, but abandoned the experiment in December 2017, citing the cryptocurrencys price volatility and “a significant increase in the fees to process transactions on the Bitcoin network.”　　Newell told पीसी गेमर that Bitcoins price unpredictability made it “a complete nightmare” to use for transactions, as a game could cost $10 one day and $100 the next.　　के साथ एक अलग साक्षात्कार में Eurogamer, he noted that cryptocurrency volatility meant that customers “had no idea what price that they were actually paying,” adding that, “Yes, they were anchored to a cryptocurrency, but most peoples wages are

2022-02-28बिटकॉइन

Bitcoin as a State Currency - BitcoinEthereumNews.com

BitcoinBitcoin as a State Currency02 / 28 / 2022बिटकॉइन एथेरियम समाचार　　El Salvador was the first country in the world to introduce the digital currency Bitcoin as legal tender. Since last September, Salvadorans have been able to make transfers, use software like a Binance trading bot, and transact via the Bitcoin app. However, President Nayib Bukele is also concerned about foreign Bitcoin investors.　　Mid-November in San Salvador, the capital of the Central American state of El Salvador: a stage bathed in twitching spotlights, fireworks behind it, an enthusiastic crowd in front. When a man dressed head to toe in white with a baseball cap turned backward enters the stage, spectators whip out their smartphones and take photos. Nayib Bukele looks like a pop star, but he is El Salvadors president. El Presidente, the words appear behind him on a big screen.　　“How‘s the Bitcoin doing？” shouts Bukele in English. Then he asks, Do you like our country？ And an enthusiastic yes resounds back from the audience. It is the closing event of an international Bitcoin conference at which El Salvador’s president is appearing, and part of the international crypto community is here celebrating him as a pioneer.　　That‘s because Nayib Bukele became the first

2022-02-28बिटकॉइन

Musk to buy Bored Ape NFT for 569 Ethereum  - BitcoinEthereumNews.com

Ethereumमस्क 569 एथेरियम के लिए बोरेड एप एनएफटी खरीदेंगे 02 / 28 / 2022बिटकॉइन एथेरियम समाचार　　Bored Ape NFT will be purchased by Elon Musk for 569 Ethereum　　Holders include Mark Cuban, Jimmy Fallon, Stephen Curry and Eminem　　Musk is an ardent supporter of blockchain technology and NFT is his new found love　　According to reports, Elon Musk might have joined the Bored Ape Yacht Club. Musk had recently gotten down on the Twitter supervisory group on the rising number of bots and tricksters conected with NFTs and digital currencies　　BAYC holders incorporate names like Eminem, Jimmy Fallon, Stephen Curry, Mark Cuban, and some more. Tesla Chief could by and by play his cards shrewdly. As indicated by an eminent NFT authority, the top-level Bored Ape non-fungible token (NFT) piece, under the number 1,837, has been offered to an unknown purchaser.　　Apparently, the purchaser spent nearly 600 Ethereum on the NFT purchase. However, whats the trick here？ This unknown purchaser could be Tesla author Elon Musk.　　Musk interest in NFT　　While Musk has been an enthusiastic ally of blockchain inovation and digital currencies as a general rule, the tech big shot has caused extensive upswings on the lookout. Musks adoration for image tokens has been widely known now,

2022-02-28एथोरम

Bitcoin Could Stifle Incidents Of Cyber Attacks, Says MicroStrategy CEO With Compelling Reasons ⋆ ZyCrypto - BitcoinEthereumNews.com

विज्ञापन　　Michael Saylor claims Bitcoin can stifle incidents of cyber attacks.　　He claims that this will be possible because of Bitcoins nature as it revolves around energy.　　Bitcoin trades at under $40,000 amid the tensions in Eastern Europe.　　Bitcoin bull, Michael Saylor thinks that Bitcoin might be the answer against DDoS and other cyber attacks. He goes on to claim that the asset “will never be a currency.”　　Bitcoin Will Rein Cyber Attacks　　Michael Saylor stated that Bitcoin is the answer to the hordes of rampaging attacks in cyberspace. The MicroStrategy CEO stated this in an interview with CNBC over the weekend, citing Bitcoins energy usage as an integral part of the solution.　　He claimed that this could be the most important use case scenario for Bitcoin beyond usage in fundraising or a speculative tool for companies to put on their balance sheets. He said that as “digital energy”, Bitcoin is the best tool against scammers and hackers because there is currently “conservation of energy in the cyberspace.”　　He uses the analogy of physically going to a hotel to break items and getting charged for the repairs as compared to using a python script to gain access to any hotel on earth and not get charged any money.

2022-02-28बिटकॉइन

Valve CEO Gabe Newell Praises NFT Technology, Criticizes Bad Actors – Bitcoin News - BitcoinEthereumNews.com

Gabe Newell, founder and CEO of Valve, a popular company in the PC gaming market, has revealed his take on crypto and NFTs when applied to games. In an interview with gaming media, Newell validated the NFT technology that makes it possible to create these digital representations. However, he also stated that the actors in the sector tend to be involved in criminal activities.　　Valve CEO Talks About NFTs, State of the Industry　　Gabe Newell, CEO and founder of Valve, owners of Steam, one of the largest digital distribution markets in the PC industry, offered his thoughts regarding the NFT phenomenon and the people behind it. In an interview offered to Rock, Paper, Shotgun, Newell made a clear distinction between the technology that powers NFTs and the people that are currently in the industry promoting it.　　To validate the technology behind NFTs, Newell stated:　　You have to separate the underlying technology versus which actors are utilizing that technology. It‘s like if you’re a chemist, and you‘re looking at nitrocellulose, you’re like ‘Oh, yeah, we can do some really interesting stuff with that’ … The underlying technology of distributed ledgers, and the notion of digital ownership, and shared universes, are all pretty reasonable.　　However, this seems

2022-02-28बिटकॉइन

Is Bitcoin a safe haven asset? - BitcoinEthereumNews.com

Bitcoinक्या बिटकॉइन एक सुरक्षित आश्रय संपत्ति है？02 / 28 / 2022बिटकॉइन एथेरियम समाचार　　Bitcoin, Satoshis cryptocurrency officially created in January 2009, has always been considered a strategic asset, अक्सर ए सुरक्षित ठिकाना.　　The trend until 2019　　For ten years since its creation up to and including 2019, BTC has performed similarly to Gold (Au), the ultimate safe haven asset.　　How did it behave in relation to the markets？　　Consistent with any self-respecting safe haven asset, BTC had no correlation with the markets, or rather the opposite. 　　When equities went down the cryptocurrency went up and vice versa, this increased the idea that the currency was side by side with gold as a safe haven asset.　　The trend after 2019　　For three years now, something in Bitcoins “behaviour” must have jammed.　　In fact, since January 2020, the virtual currency has reversed its way of reacting, meanwhile it has increased its volatility due to an ever-increasing influx of investments in the asset by intermediaries and institutional investors (to date one third of the total, which amounts to 5.5 million BTC).　　कुल में, Bitcoin will hold over $2.6 trillion by the end of 2021.　　Another factor that has contributed strongly to this structural break in recent years is the change that has taken

2022-02-28बिटकॉइन

Bottom Is Close for Ethereum Competitor Solana (SOL), Axie Infinity (AXS) and One Low-Cap Altcoin: Crypto Analyst - BitcoinEthereumNews.com

क्रिप्टो Ethereumएथेरियम प्रतियोगी सोलाना (एसओएल), एक्सी इन्फिनिटी (एएक्सएस) और एक लो-कैप ऑल्टकॉइन के लिए नीचे है: क्रिप्टो विश्लेषक02 / 28 / 2022बिटकॉइन एथेरियम समाचार　　A closely followed crypto strategist says Ethereum competitor Solana (SOL), Axie Infinity (AXIE) and one low-cap altcoin are all begining to carve out their bottoms.　　Pseudonymous analyst Altcoin Sherpa tells his 169,300 Twitter followers that he believes Solana and blockchain-based gaming platform Axie Infinity are already trading close to potential bullish reversal areas after going through multi-month downtrends.　　“AXS SOL: I think that coins that were already downtrending back in November are closer to their bottoms than coins that pumped hard in January. Stuff like AXS and SOL are more bottomed out than something like NEAR. Expecting more chop but for these to be ok relatively.”　　स्रोत: Altcoin शेरपा / ट्विटरस्रोत: Altcoin शेरपा/ट्विटर　　At time of writing, Solana is exchanging hands at $85.40, down 5.07% in the last 24 hours. Meanwhile, Axie Infinity is currently valued at $48.13.　　The crypto strategist is also keeping a close watch on non-fungible token (NFT) marketplace LooksRare (LOOKS). According to Altcoin Sherpa, LOOKS can potentially bottom out at $1 after losing over 85% of its value in over one month.　　-$1 psychological level　　-buyers seem to be stepping

2022-02-28एथोरम

Bitcoin Eyes Forming a Weekly Higher Low, What Does This Mean? - BitcoinEthereumNews.com

This pullback reignited a higher low on the weekly chart, as स्वीकृत by crypto trader Rekt Capital.　　स्रोत: TradingView　　The formation of a higher low is crucial because it sets the base of an uptrend, given that higher lows and higher highs illustrate a bullish momentum.　　However, BTC should hold the $37,000 area if an uptrend is realized. Crypto analyst under the pseudonym Gaah वर्णित: 　　“The bullish structure within this sub-cycle should be maintained with the base at $37K for liquidity absorption (selling) and no longer $30.9K. $44.4K broken confirms resumption of short-term uptrend.”　　स्रोत: TradingView　　An atmosphere of caution has घिरा हुआ the crypto market based on the geopolitical turmoil in Russia and Ukraine.　　Nevertheless, relative calmness is being witnessed in the Bitcoin market based on the pullback realized, given that the leading cryptocurrency sank to lows of $32,800 in January.　　On the other hand, Bitcoin whales have been making significant transactions despite the witnessed turmoil. Market insight provider Santiment समझाया:　　जैसा बिटकॉइन की कीमतें bottomed out at $34.7K with Thursdays war news, whales have made some MASSIVE transactions. This has been the largest amount of both $100K+ and $1 million+ $BTC transactions since Jan. 24th, when prices jumped +15% the week following.　　Furthermore, addresses with at least

2022-02-28बिटकॉइन
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