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Singapore Imposes Sanctions; Bitcoin Bucks Market Trend

Binance wins license in Bahrain. Singapore targets designated Russian banks amid sanctions. Bitcoin holds ground despite wider market falls over Ukraine and China concerns. Altcoins to keep a watch on. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Here’s Why the Crypto Market Remains Flat

Bitcoin and other major cryptocurrencies continue to flatline amid the growing Russia-Ukraine crisis and rising inflation in the U.S. Michael Safai, managing partner at quantitative trading firm Dexterity Capital, discusses his reading of the crypto markets and where we’re headed next. Plus, what to expect as investors await the Federal Reserve’s interest rate decision tomorrow.

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Ukraine Launches New Crypto Donation Website, Raises $48M in 1 Day

Bohdan Opryshko, chief operating officer at staking platform Everstake, shares insights into his partnership with the Ukrainian government and crypto exchange FTX for the launch of a new crypto donations website "Aid for Ukraine." The collective effort has already raised over $48 million. Plus, the wider role of crypto in the escalating Russia-Ukraine conflict.

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How the Russia-Ukraine War Could Lead to a New Monetary System

With most of the world imposing economic and trade sanctions against Russia for their actions in Ukraine, Credit Suisse strategist Zoltan Pozsar believes that this could be the catalyst for an “outside money” financial system. “The Hash” crew discusses bitcoin as a competitive currency to the dollar and the potential for a new monetary system.

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Bitcoin Dominance Rising as Russia-Ukraine War Creates Market Uncertainty

"All About Bitcoin" host Christine Lee presents data from institutional bitcoin broker NYDIG illustrating that bitcoin dominance has risen as high as 44% amid recent market volatility with Russia’s ongoing war in Ukraine. Plus, a look into the yield curve inversion and Goldman Sachs' warning of a recession next year.

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How Ukraine Has Used the Crypto Donations

The “Week in Review” panel examines the increasingly prevalent role of cryptocurrency in Ukraine’s efforts against Russia after the Ministry of Digital Transformation publicized how crypto donations are being used for non-lethal supplies like medicine and packed lunches. Plus, a discussion on BTC’s price volatility over the past few weeks and the upcoming shift in bitcoin’s hashrate. 

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OnlyFans Donates 500 ETH to UkraineDAO

Video subscription platform OnlyFans has donated 500 ETH (roughly $1.3 million) to UkraineDAO, a decentralized autonomous organization raising funds to support Ukraine as Russia’s invasion continues. “The Hash” hosts discuss how this story highlights the positive use cases for crypto and OnlyFans’ history as a crypto-adjacent company.

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Ukraine-Russia War: How Tech is Being Used to Help Ukraine

Jan Keil, Infopulse head of innovation and IT Ukraine Association board member, chats with “Community Crypto” host Isaiah Jackson to discuss how Ukraine’s tech community is rising to the challenges of the Russian invasion.

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