Today, the entire cryptocurrency market is in red. Ukraine has spent $15million worth of cryptocurrency (primarily Bitcoin and Ether) on military equipment. More than $50 million has been donated in cryptocurrency.
Last week’s selloff caused by the Russia-Ukraine crisis, saw the UK100 lose more than 6 percent. The biggest losers were those with strong Russian connections, with Polymetal International and Evraz falling 64.87% & 60.02% respectively.
Oil prices have risen by around 30% over the last week. It was trading at around $123 when I wrote this, just shy of $125 in the early hours of Monday morning. Investors will closely monitor the US’s possible ban on Russian oil imports, which could push prices higher.
Solana has dropped more than 6 percent, while Cardano Avalanche and Ethereum fell more than 4.4%. Bitcoin was trading at $38,000 at the time of writing, down 3% over 24 hours.
Today, the majority of top 100 coins have lost between 3-5% and 5%. Fantom, which lost nearly 12% of its value, is an exception. Anchor Protocol lost 14% after a cash injection began to fade.
Convex Finance continues to spiral downward. It has lost 8.68% within the last 24hrs and 9.82% over 7 days since a bug caused CVX sink on a forced token unlock.
Monero is now down 6% after recent gains. Zcash (-9%), Chiliz (-7%), and Chiliz (-9%) are other notable losers. Waves continues to rally around support for Ukraine. Today, it gained around 2%.
Today, the token of Meta Speed, an online multiplayer race game that uses blockchain technology, has gained 746%. You can get together your friends and form a team to battle against others. After winning, you will receive token rewards.
MovieBloc, a movie and content distributor platform decentralized by MovieBloc, is excited to announce lucrative partnership agreements with major film studios. Its huge popularity is due to the exciting movies it shows. It increased its value by 82% in just 24 hours.
Today’s live TROY price is $0.007, with a daily trading volume of $118 millions. After the announcement of an NFT launch, TROY has increased 29%.