Read crypto trading news, market structure shifts, technical setups, derivatives activity, and strategies used across volatile markets.
Crypto transaction volume on Russian exchanges have plunged by 50%. While some crypto analysts believe that Russia could evade the economic sanctions imposed on it through the use of crypto, new data from Chainalysis suggests otherwise.
Oluwapelumi Adejumo 2 min read 
Bitcoin has seen a strong recovery from the lows last week, and BTC trading flat the past 24 hours. Traders and markets attention is now fixed on the war in Ukraine, while not many are looking at macro economy and inflation.
Clients of some sanctioned Russian banks are unable to deposit fiat or buy crypto on Binance.
Terra (LUNA) is now the 7th-largest crypto on the market.
The U.S. inflation rate is at its highest point since 1982, and the response from the Federal Reserve will be a series of interest rate hikes, which will have its effect pushing inflation down. But inflation will “win” in the long run, according to analysts.
Bitcoin (BTC) market price fell under $40,000 during the weekend. Short-term Holders are the most likely cohort to spend their coins in response to volatility.
Markets seem to be cheering up the past day. Bitcoin price is once again above $40,000, and all major alts are in the green. Buying pressure is coming from medium- and long-term holders.
Since all-time-high in November 2021, things has been looking gloomy in the cryptocurrency market with bitcoin falling almost 50%. But there are clear trends suggesting a shift is on the horizon.
The recent sell off was largely driven by sentiments over U.S. Federal Reserve’s quantitative tightening and projections of increased interest rates, however crypto fundamentals are stronger than ever.
