Market
Opinion
DeVere Group predicts Bitcoin will reach $50k before month end
Bitcoin’s value in the last seven days has grown by around 15%. DeVere Group's CEO Nigel Green has predicted that Bitcoin could reach $50k this month. According to him, the impressive performance of the token in the past few days gives it the momentum to reach that landmark price.
Culture
Barcelona looking to create standalone cryptocurrency as club fan tokens market cap drops
Barcelona rejected possible partnerships with crypto firms like Polkadot and Binance because it wanted to create its own digital asset.
Analysis
Here’s why Terra (LUNA) recorded a 78% gain in February
There are indications that Terra could flip its ATH judging by its recent price performance.
Analysis
Bitcoin is now a top 15 currency as it surpasses Russian Ruble
Bitcoin’s valuation has surpassed that of the Russian Ruble and also institutions like JPMorgan, Meta and others.
Web3
The metaverse draws South Korea’s investment with $187 million pledge
South Korea’s interest in the metaverse would help its entertainment, media, and creative sectors to expand.
DeFi
Solidly TVL rises to over $2 billion in 24 hours
Solidly total value locked was around $28 million by February 23 reached over $800 million by February 25 before almost tripling in value to $2.24 billion on February 27.
Adoption
With Russia cut off from SWIFT, could Bitcoin play a role in avoiding sanctions?
The U.S. as well as the U.K. and several other European countries have agreed to ban a number of Russian banks from SWIFT.
Legal
Finally, U.S. authorities indict founder of $2 billion BitConnect fraud
DOJ statement revealed that the exchange operated like a Ponzi scheme.
Adoption
Ukraine NGO receives over $4 million in Bitcoin donations
While Ukraine’s Ministry of Defence says it can’t officially receive crypto donations, NGO’s in the country are taking crypto to help with the conflict.
Analysis
NFT activities increase on Ethereum as Bitcoin demands diminish on DeFi
Demand for Bitcoin on the Ethereum ecosystem has waned considerably since the start of this year.
Adoption
A Mexican lawmaker wants the country to adopt Bitcoin as a legal tender
Lawmakers in the United States are alarmed about the effect of Bitcoin adoption as a legal tender on the US Dollar.
Legal
Canada’s “frozen” Bitcoin on the move despite draconian measures
Available data shows that the protesters frozen Bitcoin ended up in crypto exchanges like Coinbase and Crypto.com.