EddieJayonCrypto
27 Feb 22
• Cryptocurrencies moving sideways• Crypto.com, FTX, Blockchain.com and other exchanges are standing with Ukraine• Tracking the crypto wallets of Russian elites• BitConnect founder indictedThe world is still coping with Russian aggression. Inasmuch, cryptocurrencies are not experiencing new highs. I...
• Cryptocurrencies moving sideways• Crypto.com, FTX, Blockchain.com and other exchanges are standing with Ukraine• Tracking the crypto wallets of Russian elites• BitConnect founder indictedThe world is still coping with Russian aggression. Inasmuch, cryptocurrencies are not experiencing new highs. Instead, they are bouncing around the lower parameters of their respective ranges. Here is what is on my mind:1. Even with having touched $40K, Bitcoin is staying within a $35K to $39K range. If you look closely, you will see what other coins are also bouncing within their respective ranges. Last week, I said I am using a different set of wallets to trade while I use others to HODL. 2. Crypto.com has made a big donation to the Red Cross to help Ukraine. Blockchain.com is waiving all transaction fees for Ukrainian users buying, selling or swapping their digital assets. This follows on the heels of FTX giving $25 to each Ukrainian FTX user. The cryptocurrency community is responding in many different ways to stand with Ukraine. 3. Certain governments around the world are also working to track the crypto wallets of Russian elites. Once thought of as a safe haven for them to be able to easily move their money may now turn into a harder place for them to do business. 4. A grand jury in San Diego has indicted BitConnect founder, Satish Kumbhani, for allegedly participating in a $2.4B scheme to defraud thousands of investors in the United States and abroad.