Crypto Espresso: Your quick shot of the latest crypto moves and news
Your quick shot of the latest crypto moves and news, the Crypto Espresso is brought to you by Capital.com Australia (AFSL 513393), a multi-award winning global investment trading platform.
Bon Vendredi, Les Coinheads!
It’s Russia, Ukraine – a terrible fall from grace – and price prediction Friday!
Capital.com: Kaiko’s latest monthly market report notes that Russia’s invasion of Ukraine placed the cryptocurrency industry in a precarious position, needing to balance sanctions enforcement while lacking the power to restrict transactions on decentralised networks.
Capital.com: In February the price of DIA rocketed higher, only to splashdown in February’s market slump. By 17 March its latest rise stalled and at $0.95 slid back into February’s slump territory.
Capital.com: Decentralised storage platform STORJ saw its eponymous coin rise 5% on 17 March to $1.06.
Business Insider: The cryptocurrency sector is now legal in Ukraine with the newly minted status arriving as the country has spent millions of dollars in cryptocurrency donations to buy supplies to defend itself during Russia’s invasion.
Al Jazeera: Russia’s central bank on Thursday said it had given major lender Sberbank a licence to issue and exchange digital financial assets, a move that may open new opportunities for the bank as it seeks to blunt the effect of Western sanctions.
The Bite: ApeCoin had a rough debut on Thursday, its price tumbling from a high to $39.40 to a low of $7.75.
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