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Measures imposed by the European Union’s fifth round of sanctions against Russia mandate that Binance place restrictions on the use of its services by individuals or businesses based in Russia with crypto assets worth more than 10,000 euros, as per a statement released by the company on April 21. The firm announced that accounts that fall within the purview of this restriction would be placed in withdrawal-only status. These accounts will not be able to accept deposits or engage in trading activities....

In particular, the Lightning Network’s total capacity in public channels has hit 4,290 Bitcoin, an increase of 34.6% and +1,102 BTC after Bitcoin’s price recorded the last all-time high of almost $68,000 in November last year, on-chain data by crypto analysis platform Glassnode indicated on July 22. The platform revealed: Implication of LN growth Based on the latest growth, it can be interpreted as growing confidence and utilization of the network even as it undergoes maturity alongside improvements....

Indeed, as of September 25, Bitcoin’s mining hash rate spiked to a new all-time of 226.633 EH/s based on the 30-day moving average. The hash rate has been surging steadily from the lows recorded in early August, according to Blockchain.com data. The hash rate, which refers to the total computational power used to process transactions, started peaking up in August when Bitcoin showed signs of short-term recovery. However, the hash rate has soared while Bitcoin’s price continues to struggle....

Data acquired by Finbold indicates that the bitcoin subreddit has attained 3.05 million subscribers to rank as the 113th subreddit globally as of June 8th, 2021. The r/announcements subreddit ranks top with 103 million subscribers, followed by the r/funny channel with 36 million subscribers. Elsewhere, the r/todayilearned subreddit with 25 million subscribers ranks in the tenth spot. Why r/bitcoin is rising in popularity The bitcoin subreddit entails discussions around the digital asset, with members sharing crypto news and investment strategies, among other topics....

For the first time since late February, the Bitcoin price has crossed over the psychological $10,000 barrier. The move has been largely been driven by fear of missing out (FOMO) in the lead up to the highly anticipated halving event in less than four days’ time. FOMO driving Bitcoin prices Bitcoin finally broke through resistance at $9,400 during late trading yesterday, and surged to an intraday high of $10,050 during the Asian session according to Tradingview....

According to Breedlove, his model places Bitcoin to trade at $12.5 million by 2031, a value equivalent to $1 million based on today’s purchasing power, he said during an appearance on Altcoin Daily podcast on September 13. Collapsing dollar purchasing power He notes that the dollar is hyperinflated and will potentially drop to zero by 2035. Furthermore, Breedlove, noted that once the dollar hits its bottom of zero, there will be no need of pricing Bitcoin anymore....

A statement published by the Association of Notaries and Registrars of Brazil (ANOREG) indicates that the authenticated documents were through the e-Notary system. The authentication process allows citizens to sign and send documents through electronic platforms like WhatsApp or email to relevant parties, including government institutions. Brazil’s blockchain system runs on the Notrachain, the country’s blockchain network of notaries. The system enables the verification of documents in a virtual format....

According to a survey of 2,000 persons, 25% of those questioned believe crypto will be the future of finance even if they don’t understand the technology at the moment, as per research commissioned by StarkWare Industries in the Express. Those between the ages of 18 and 24 are the most enthusiastic supporters of cryptocurrency, with 58% of those in this age bracket having previously invested. More than two-thirds of those surveyed had no regrets about their choice, and 68% believed their investments had resulted in a profit....

It has been a bullish week in the world of cryptocurrencies, with Bitcoin rebounding from recent dips and Ethereum hitting an all-time high of $1,700. The big moves have lifted the total market cap for the entire sector to a record $1.17 trillion, according to Tradingview.com. Bitcoin bigger than Samsung Bitcoin’s market cap is around $690 billion, which puts it just in the top ten compared to companies, just below Alibaba....

For the end of the year, the crypto community over at CoinMarketCap is bullish on the future of Terra Classic. Taking into account the 1,145 votes cast by press time, LUNC is estimated to trade at $0.0003003 on December 31, 2022. If the community’s predictions come true, this would represent an increase of $0.0001284 or +74.70% to the decentralized finance (DeFi) asset’s current price, which at press time stood at $0....

Indeed, on January 9, attorney John E. Deaton shared a notice of the court hearing regarding the motion of the debtors to authorize an airdrop of Flare tokens to all eligible accounts. The hearing before the Chief United States Bankruptcy Judge Martin Glenn is set to be held via Zoom on January 24. Commenting on the motion, Flare Network’s CEO Hugo Philion, expressed his hope that the judge would approve it, while Deaton added that “XRP on Celsius Network on the day of the snapshot will hopefully receive the airdrop....

You’ll need to be Twitter shrewd to monitor who interacts with your Twitter page. Well, read the article. I will talk about the various ways to check visits to your Twitter. Can Twitter Analytics Show You Who Visited Your Twitter Page? It’s hard to tell who checked your Twitter profile. Twitter only lets you know the basics. You may have to turn to Twitter Analytics if you want advanced data like profile visits....

The Canadian securities regulator, the Ontario Securities Commission (OSC), reported the tweets to the federal police on the grounds that it felt the crypto executives were providing advice on how to circumvent the restrictions put on the funds, according to a report from The Logic. Notably, Twitter accounts of Kraken CEO Jesse Powell and Coinbase CEO Brian Armstrong expressed their dissatisfaction with the invocation of the Emergencies Act and their support for non-custodial cryptocurrency wallets, with Armstrong pushing his company’s product....

Celsius lawyers shared that if the plan is approved, creditors with locked assets above an unspecified threshold will receive a token called the Asset Share Token (AST). Notably, the AST to be received will reflect the value of their assets, and holders would be entitled to earn dividends or sell them on the open market. However, the plan has received backlash from the crypto community, with commentators terming it a potential scam....

In particular, by press time, the token was trading at $1.97, a growth of over 24% in the last 24 hours. During the early trading hours of Tuesday, August 9, CEL temporarily reclaimed the $2 mark and has gained by over 175% since the firm filed for bankruptcy in mid-July, according to CoinMarketCap data. Additionally, CEL has also recorded a significant capital inflow amid sustained buying pressure. In this line, the token’s market capitalization as of August 9 stood at $473 million, growing by $170 million from the $303 million recorded on August 2....

Analysts believe that this divergence in policy compared to other major economies raising rates has to do with the government’s determination to support the slowing economy, as reported by Reuters. Moreover, real estate investor Graham Stephan took to Twitter on August 17, to share his perspective on the current state of the Chinese economy. He shared a thread in which he explains, among other things, that Chinese investors appear to be obsessed with real estate, tying up to 70% of their wealth in this market....

In a blog post, Citi also stated that the fourth quarter’s revenue of $17 billion was driven by a spike in investment banking led by institutional clients. The bank registered revenues of $71.9 billion for the full year, with the institution also citing higher corporate revenues as a key catalyst. Citigroup also registered an 18% year-over-year increase in operating expenses to $13.5 billion for the quarter. Elsewhere, the lender’s global consumer banking business registered a revenue increase of 6% on a year-over-year basis to $6....

For gold traders and investors, the data points on inflation, such as the US Consumer Price Index (CPI) and the preliminary inflation expectations released by the University of Michigan, will determine the level of bullishness. Bloomberg Intelligence commodity czar, Mike McGlone, took to Twitter to share his view on what potentially could cause a gold rally. Stock market is the key According to McGlone, a potential force that could push the Federal Reserve (Fed) to ease the tightening cycle could be a deflating stock market; furthermore, the tightening cycle is often viewed as resistance to a gold rally....

However, some experts are trying to dispel those fears, including the Credit Suisse board member and fintech expert Blythe Masters, who discussed this issue at the corporation’s conference in Hong Kong, Finews Asia reported on March 24. The arguments to which she was referring are the major promises of cryptocurrencies, including replacing fiat money and acting as a hedge against the ever-growing inflation. In her words, the effectiveness of digital assets in this sense “remains yet to be seen,” and the infinite available crypto “raises a fundamental question mark about the long-term inflationary protection provided by cryptocurrencies....

As of May 17, the Crypto Fear & Greed Index, which serves as a cross-market sentiment gauge, has hit a score of 8 out of 100, its lowest value since March 2020, a period the coronavirus pandemic inspired a market meltdown. The index is critical in the cryptocurrency community since it indicates the general market sentiments highlighting what to expect in price movement. Higher readings suggest that greed has taken over the market, and there are many buyers....