Crypto News

LUNA revolves around $92 support: $100 isn’t too far off
LUNA price analysis for March 3 comes on a bearish note for the token, although it is also important to note that the token is just 10.70% off from its all-time high that was witnessed on December 27, 2021, at $103.3.

Monthly NFT buyers dip below 800K as searches ‘fall off a cliff’
The unique number of NFT buyers in February dipped below 800,000 for the first time since October, and search volume for nonfungibles also dropped significantly.

Bob Dylan goes meta as Sony and Universal partner with Snowcrash NFT platform
Solana-based NFT marketplace Snowcrash has announced that Sony Music and Universal Music Group — the two largest music labels in the world — have officially partnered with the upcoming platform.

How Will Sanctions Affect Russia, the World and the Crypto Market?
International sanctions are designed to hurt the country as a whole, and as a result, innocent people and small businesses are the most affected. They rarely hurt those who are ‘in charge.’

US Senator Urges Regulators to Increase Scrutiny on Crypto as It Risks Undermining Sanctions Against Russia
U.S. Senator Elizabeth Warren is worried that “cryptocurrencies risk undermining sanctions against Russia.” She urges financial regulators “to take this threat seriously and increase their scrutiny of digital assets.”

New York state ramps up blockchain monitoring to enforce sanctions
New York state’s efforts to enforce sanctions against Russia have ramped up a gear with the Department of Financial Services, or DFS, expediting the procurement of additional blockchain analytics technology.

Ukraine Starts Accepting Dogecoin ($DOGE) Donations Amid War With Russia
The Vice Prime Minister and Minister of Digital Transformation of Ukraine, Mykhailo Fedorov, has revealed that the Ukrainian government is now accepting donations in the meme-inspired cryptocurrency Dogecoin ($DOGE) as it faces a Russian invasion.

SEC investigating NFT market over potential securities violations: Reports
The U.S. Securities and Exchange Commission (SEC), led by crypto-skeptical Chairman Gary Gensler, is reportedly investigating NFT creators and marketplaces for securities violations, according to a report from Bloomberg.