Meanwhile, the British pound accounts for 6.3% of global transactions. Today, the RMB accounts for 3.2% of all transactions worldwide, up from 2% in November. Citing data from SWIFT, the traditional financial closure ledger for interbank fund transfers, Chinese media said the value of RMB payments has risen 10.85% since December. PetroYuan, Digital Yuan, more like a big yawn!Īs last week drew to a close in Asia, Chinese state media reported that China’s currency, the renminbi, was on the rise. “While Bitcoin has been largely stable for February, Solana is still in a downward spiral, so its closer recovery brings it to parity of gains and losses for other crypto assets. He noted that Solana is the only altcoin in the top 20 by market cap on CoinDesk’s price page to rise over the weekend, reflecting “some investor strength due to its Proof of Promise protocol.” But DiPasquale called this rise a “price rally” because Solana fell more sharply than Bitcoin and other altcoins. OpenSea said in a separate tweet that it was investigating the incident.ĭiPasquale sees the next bitcoin support line at around $ 35,000. Separately, in a tweet Saturday afternoon, OpenSea CEO Devin Finzer wrote that “32 users have so far signed a malicious payload from an attacker, and some of their NFTs have been stolen.” Finzer suggested that a fraudulent website could be blamed.
Meanwhile, investors were preparing for the first of several expected interest rate hikes from the Federal Reserve. All these false flag operations, all these motivations to justify – all this is already happening. On Sunday, US Secretary of State Antony Blinken told CNN’s State of the Union talk show that “everything before the actual invasion seems to be happening.
The decline came when intelligence from the US reported that Russia had already moved to invade Ukraine. Ether, the second largest cryptocurrency by market cap, was changing hands at just over $ 2,600, up almost 4% and the lowest point in the first week of the month. OpenSea, the largest NFT platform that could come away from the cryptocurrency, could have more scared investors.Īll of these factors may have instructed investors to avoid cryptocurrency risk, ”said Joe DiPasquale, CEO of fund manager BitBull Capital.Īt press time, bitcoin was trading at around $ 38,700, down 3.3% in the past 24 hours and the lowest level since February 3. Ether and almost every other big crypto also fell.
Gold: $ 1,897 -0.07% Weekend Market Movementsīitcoin fell below $ 40,000 at the start of the weekend and continued to slip amid mounting tensions on the Ukraine – Russia border and continued fears of inflation.
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