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    NYDIG study calculates the value of regulation worldwide in terms of BTC price gains

    NYDIG study calculates the value of regulation worldwide in terms of BTC price gains

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  • Home
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  • NFT’s
    NFT Marketplace OpenSea Flags Data Breach, Here’s What Was Leaked

    NFT Marketplace OpenSea Flags Data Breach, Here’s What Was Leaked

    APE avoids broader market weakness

    Here’s Why Apecoin (APE) Price Is Skyrocketing Today

    ETH Whales Add Over $24 Million Worth Of Sandbox (SAND) Token

    The Sandbox Token (SAND) Eyes $1 On This Bullish Signal

    Uniswap Labs Acquires NFT Startup Genie

    Uniswap Labs Acquires NFT Startup Genie

    Zuckerberg Confirms Instagram And Facebook Will Display NFTs Soon

    Zuckerberg Confirms Instagram And Facebook Will Display NFTs Soon

    eBay Acquires NFT Marketplace KnownOrigin, Here’s Why

    eBay Acquires NFT Marketplace KnownOrigin, Here’s Why

    NFT Collection Doodles Sees 400% Spike In Volumes On This

    NFT Collection Doodles Sees 400% Spike In Volumes On This

    MoonPay Launches NFT Platform In Universal Studios, Fox Partnership

    MoonPay Launches NFT Platform In Universal Studios, Fox Partnership

    Economic Fail Or Key To A Creative Future?

    Economic Fail Or Key To A Creative Future?

  • Metaverse
    Demystifying Metaverse Competition - NFT News Today

    Demystifying Metaverse Competition

    The Go-To Marketplace For All Things Metaverse

    The Go-To Marketplace For All Things Metaverse

    As Otherside Land Value Drops, Yuga Labs Face Giant Tax Obligation

    As Otherside Land Value Drops, Yuga Labs Face Giant Tax Obligation

    The Web 3 LAND Sale

    The Web 3 LAND Sale

    Disney Metaverse

    Disney Hires Former Apple Executive to Head Metaverse Creative Strategy

    CyberKongZ and The Sandbox Team Up For VoxEdit Contest

    CyberKongZ and The Sandbox Team Up For VoxEdit Contest

    Man wearing smart glasses touching a virtual screen to access the metaverse

    How The Metaverse Can Change Mental Health For The Better

    Jamiroquai Partners With The Sandbox To Bring Funk To The Metaverse

    Jamiroquai Partners With The Sandbox To Bring Funk To The Metaverse

    3iQ Corp Opens a Virtual HQ in the Voxels Metaverse

    3iQ Corp Opens a Virtual HQ in the Voxels Metaverse

  • Analysis
    Bitcoin

    Bitcoin is Plunging, But It’s Too Early to Say Bulls Have Given Up

    Ethereum

    Ethereum Key Indicators Suggest A Sharp Drop Below $1K

    Bitcoin bear

    Why Bitcoin Must Break $22,500

    Bitcoin

    Bitcoin Turns Red, Why BTC Could Trade To New Monthly Lows

    Ethereum

    Ethereum Topside Bias Vulnerable If It Continues To Struggle Below $1.2K

    Ethereum

    Ethereum Plugs 11-Week Bleed, why $1,500 May Be On The Horizon

    Bitcoin

    Bitcoin Dips Further, Why BTC Could Revisit $20K

    Ethereum

    Ethereum Turns Red, Why ETH Must Hold This Key Support

    bitcoin bollinger bands

    Bitcoin Monthly Tags Lower Bollinger Band, Tool’s Creator Hints At Bottom

  • Learn About Crypto
    Zuckerberg Confirms Instagram And Facebook Will Display NFTs Soon

    Top 10 Blockchain and Crypto Events in July

    Crypto Chart Patterns for Trading

    Crypto Chart Patterns for Trading

    Overbought vs. Oversold Signals

    Overbought vs. Oversold Signals

    What Is a Decentralized Exchange (DEX)?

    What Is a Decentralized Exchange (DEX)?

    What Is Ethereum 2.0 (The Merge)?

    What Is Ethereum 2.0 (The Merge)?

    Breaking: ExxonMobil is Mining Bitcoin With Natural gas

    Iran Cuts Power Supply To Crypto Mines;

    What Is Crypto Lending

    What Is Crypto Lending

    How to Survive a (Crypto) Bear Market

    How to Survive a (Crypto) Bear Market

    Top 6 Crypto Events for June 2022 – Coingape

  • Regulation
    Russian central bank exec is OK with crypto mining under one condition

    Russian central bank exec is OK with crypto mining under one condition

    OpenSea data breach causes massive leak of users’ email addresses

    OpenSea data breach causes massive leak of users’ email addresses

    First Spot Bitcoin ETF approved to launch in Europe in July

    First Spot Bitcoin ETF approved to launch in Europe in July

    E.U. moves further in its crypto regulation

    E.U. moves further in its crypto regulation

    BREAKING: Grayscale launches legal challenge to Bitcoin spot ETF rejection

    BREAKING: Grayscale launches legal challenge to Bitcoin spot ETF rejection

    EU officials reach agreement on AML authority for supervising crypto firms

    EU officials reach agreement on AML authority for supervising crypto firms

    IRS Forced To Delay Crypto Tax Collection As Industry Struggles With New Rules: Report

    IRS Forced To Delay Crypto Tax Collection As Industry Struggles With New Rules: Report

    US govt delays enforcement of crypto broker reporting requirements: Report

    US govt delays enforcement of crypto broker reporting requirements: Report

    NYDIG study calculates the value of regulation worldwide in terms of BTC price gains

    NYDIG study calculates the value of regulation worldwide in terms of BTC price gains

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Home Altcoins

Bitcoin Slumps Below $35k, Crypto In Freefall As Russia Declares War

February 24, 2022
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Bitcoin tanked on Thursday, with crypto markets in a sea of red after Russia declared war on Ukraine and began military operations in the Donbas region.

The world’s largest cryptocurrency slumped 11% overnight to about $34,900- its lowest level in a month. Altcoins including Ethereum, XRP and Solana logged double-digit losses, wiping out nearly $200 billion in crypto market capitalization.

Bitcoin slumps

$35,000 was a key support level for Bitcoin, and its breach today could herald more losses. Speculation was rampant over where the next support level was for the token, and whether a recovery was possible. Twitter user @MatthewHyland_ warns–

If $33k fails then $28.8k would be the last line in the sand

Risk-driven markets across the globe traded sharply lower after Russian President Vladimir Putin said Russia would carry out a “special” military operation in Ukraine, and demanded Kyiv’s surrender, BBC reports. U.S. stocks shed over 1% overnight, while Asian markets dropped sharply in morning trade.

Stablecoins saw the largest overnight volumes in the crypto market, as safe-haven demand soared. Tether one-day volumes surged to more than $50 billion, while Binance USD and USD Coin had nearly $8 billion in combined volumes.

Goal prices surged, as did the Japanese yen and the U.S. dollar.

Reports of explosions in Kyiv rocked sentiment, as investors feared retaliation from western powers. The United States had imposed some sanctions on Russia earlier this week, and had promised tougher moves in response to any escalation by Moscow. But whether this will lead to military intervention remains to be seen.

Only one safe haven?

Traders took to twitter to highlight a major divergence between Bitcoin and gold, with the latter surging to more than 2%. Bitcoin’s recent downward trend has dismissed earlier speculation that the token would be a gold alternative, or even a safe haven.

Journalist @DavidInglesTV tweeted.

Safe haven: Gold or Bitcoin?

We found out today. pic.twitter.com/Z9smsr8pu6

— David Ingles (@DavidInglesTV) February 24, 2022

Bitcoin faces yet another test on Friday, ahead of a closely-watched U.S. inflation figure that could open the door for sharper interest rate hikes this year.



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  • bitcoinBitcoin(BTC)
    $18,968.36-5.65% 24H
    BITCOIN
    24H : -5.65%
    Volume : $20,652,853,963.00
    Marketcap : $362,060,447,742.00
  • ethereumEthereum(ETH)
    $1,015.97-8.80% 24H
    ETHEREUM
    24H : -8.80%
    Volume : $14,953,146,638.00
    Marketcap : $123,290,561,796.00
  • tetherTether(USDT)
    $1.000.050% 24H
    TETHER
    24H : 0.050%
    Volume : $52,265,163,296.00
    Marketcap : $66,487,760,283.00
  • usd-coinUSD Coin(USDC)
    $1.000.210% 24H
    USD COIN
    24H : 0.210%
    Volume : $5,454,460,253.00
    Marketcap : $55,714,538,456.00
  • binancecoinBNB(BNB)
    $209.29-4.27% 24H
    BNB
    24H : -4.27%
    Volume : $993,423,446.00
    Marketcap : $34,162,235,346.00