Crypto Daily Report – February 28

Feb 28, 2022
body div center ul, body div center li { font-size: 22px; margin-left: 10px !important; margin-right: 0 !important; Most Important Daily Data and News for Digital Assets Crypto Daily ReportThe Most Important Daily Data for Digital Assets Daily Updates from FSInsightFebruary 28, 2022Despite a mixed opening for U.S. equities (S&P 500 down 0.50%, Nasdaq up 0.25%), bitcoin is receiving bids, up over 5.0% on the 24-hour chart. At the time of writing, ETH is trading 1.6% higher, while other layer 1 protocols such as AVAX (+2.8%), LUNA (+9.9%), and SOL (+8.0%), trade incrementally higher as well. Following this weekend's increased sanctions, we see preliminary signs of substantial RUB/USDT volumes, possibly indicating many Russians are moving to store their wealth on crypto rails ahead of bank closures. It will be interesting to observe order book volumes across Asian and Eastern European exchanges for signs of increased BTC volume in Russia and/or Ukraine. As violence escalated over the weekend, Ukraine's official Twitter account posted BTC and ETH addresses pleading for donations via crypto. The message was further relayed by Ukraine's Vice Prime Minister Mykhailo Fedorov's account. As of this morning, the addresses had raised over $13.6 million on 18k transactions, 56% of which was

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