Bitcoin News and Finance: What You Need to Know

Crypto donations collected by the government in Kyiv since the start of the Russian invasion have amounted to almost $70 million, according to Chainalysis. Ether has been the most donated crypto followed by bitcoin and the stablecoin tether, the blockchain intelligence firm said in a report. Ukraine Receives Millions of Dollars in Various Coins From the Global Crypto Community The amount of cryptocurrency transferred to addresses published by the Ukrainian government to raise money for defense and other purposes has reached nearly $70 million, blockchain forensics firm Chainalysis revealed on the first anniversary of the conflict in the Eastern European nation. The authorities in Kiev started accepting donations in digital currencies soon after Russia launched its invasion in late February 2022. In March, Chainalysis said that more than $56 million worth of cryptocurrencies had been donated to the wallets of the Ukrainian government. Other digital donations have been made to addr...

PRESS RELEASE. VICTORIA, Seychelles — Bitget , a leading crypto derivatives exchange and copy trading platform, has announced direct integration with TradingView, a charting and trading platform used by millions of traders worldwide. The given addition will further expand the usability of Bitget’s service, offering users the chance to trade crypto without leaving the TradingView interface and make more informed and professional decisions, while enjoying the top-notch protection and security of Bitget. TradingView is a charting and trading platform. It not only enables users to perform technical and fundamental analysis using comprehensible instruments but also to communicate via the largest social platform for investors. With the TradingView integration, Bitget’s users can now access a variety of advanced analysis instruments, including charting tools, real-time market data, and technical indicators, and learn new strategies tested by millions of active traders from its thriving,...

Federal Reserve Bank of Atlanta’s president has warned of disastrous economic consequences similar to those seen during the financial crisis of the 1970s if the Fed loosens its policy prematurely. Noting that “inflation remains too high,” he stressed: “We don’t want a repeat, so we must defeat inflation now.” Fed Officials on Rate Hikes and Inflation Fight The president of the Federal Reserve Bank of Atlanta, Raphael Bostic, warned about “disastrous” economic consequences should the Fed loosens its policy prematurely in an essay published by the Atlanta Fed on Wednesday. “I believe inflation remains too high,” he wrote, emphasizing the need for the Federal Open Market Committee (FOMC) to raise interest rates more aggressively. Commenting on a narrative that the Federal Reserve should consider “reversing its course of raising the federal funds rate lest we go too far and cause undue economic hardship,” Bostic opined: While that perspective is understandable, history teaches that i...

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says the world economy is on the verge of collapse. He warned investors about the risks of bank runs, frozen savings, and bail-ins that may come next. Robert Kiyosaki on Collapsing World Economy The author of Rich Dad Poor Dad, Robert Kiyosaki, is back with more gloomy warnings about the world economy. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries. Kiyosaki said on Tuesday that the world economy is on the verge of collapse, warning of several risks that could hurt investors. He tweeted: World economy on verge of collapse. Runs on banks next? Savings frozen? Bail-ins next? He then urged investors to buy silver. “You can buy a real silver coin for about $25,” he noted, adding that he doesn’t make ...

Two Zimbabwean startups, Flexid and Uhuru Wallet, recently launched a platform that offers digital identity and remittance services to migrants living and working in South Africa. The two startups hailed what they’ve described as the “first cross-chain collaboration between the two companies.” Harnessing the Benefits of the Blockchain The Zimbabwean blockchain startup Flex ID and the South Africa-based Whatsapp remittance platform, Uhuru Wallet, recently said they have launched a platform that offers “combined digital identity and remittance services to millions of Zimbabwean immigrants in South Africa.” In a statement shared with Bitcoin.com News, the two startups hailed what they described as the “first cross-chain collaboration between the two companies.” As revealed in the statement, Flex ID, which was co-founded by Victor Mapunga, harnesses the Algorand blockchain, while the Uhuru Wallet is built on the Stellar blockchain. Remarking on the two startups’ joint solution, Trust ...

PRESS RELEASE. Crypto investors have access to a wide range of investment methods, including short-term and long-term trading, wealth management, and auto-invest, among others. As investors differ from each other in terms of risk appetite and expected return, it’s crucial to identify an investment strategy that suits one’s unique circumstances. For crypto beginners or prudent investors, “lazy” investment strategies such as auto-invest are always a good choice. So, what is auto-invest? Auto-invest is a process of automatically investing a fixed amount of money with regular cycles. This investment strategy consists of two key components: fixed cycles and fixed amounts. The former means that investments are made at fixed intervals, while the latter represents the sum of money used to purchase the investment target every time is predefined. Many auto-invest methods are available, and the simplest one involves users investing a fixed amount of money at fixed intervals. When employing th...