Your quick shot of the latest crypto moves and news, the Crypto Espresso is brought to you by Australia (AFSL 513393), a multi-award winning global investment trading platform.

Good Monday morning, Coinheads.

At the time of writing, the price of Bitcoin is US$37,597. It’s down some 4.5% over last 24 hours, while the volume of trade has spiked by over 25%.

We’ve got a price prediction on XLM (or Lumen), the coin of Stellar and a former porn star looks too have abandoned plans for a steamy NFT, despite raising millions (and eyebrows).

Let’s get you up to speed:


As Russia looks to evade sanctions, could crypto be used?

Russia faces sweeping financial sanctions and stringent export controls for its military invasion of Ukraine. The country ranks second in cryptocurrency ownership by percentage of population – this piece looks at how significant that could prove during this crisis.

US market close: Crypto up on Friday

Prominent cryptocurrencies were higher on Friday at the close of US markets, with Bitcoin up 1.23%, Ethereum up 2.48%, while Litecoin rose 1.30%. Bitcoin cash was up 0.07% and Dogecoin was 0.93% higher.

Stellar Lumens price prediction: Will XLM start to rally?

XLM or Lumen, the coin of Stellar, bounced back 8% on 25 February, after taking a plunge with the rest of the crypto sector caused by the invasion of Ukraine by Russian forces.

Lana Rhoades abandons her NFT project following US$1.8m launch

Former adult entertainment actress Lana Rhoades seemingly abandoned her non-fungible tokens project on Friday, after the launch raised US$1.8m.

Cryptocurrencies rebound as Biden triggers sanctions

The entire cryptocurrency market received a boost after US President Joe Biden announced sanctions against Russia at the end of last week.


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