• The Ukrainian government has turned to cryptocurrency donations in order to fund its military efforts against Russia. • Crypto is being used to purchase combat essentials like helmets and bulletproof vests, with around 60% of the military hardware suppliers able to accept crypto. • Binance has launched a “Ukraine Emergency Relief Fund” which allows for easy crypto donations. Conflict Between Ukraine and Russia Draws Attention To Crypto Donations The ongoing conflict between Ukraine and Russia has highlighted the advantages of using digital currencies for military aid. In February 2021, the Ukrainian government asked social media users to donate in bitcoin, ethereum, stablecoin and other types of cryptocurrencies – and…

• Dogecoin (DOGE) has seen a surge in social sentiment and volume levels, similar to the one it saw in October 2022. • This surge can be attributed to billionaire Elon Musk’s takeover of Twitter that month. • If this trend continues, there is potential for DOGE to break out past the $0.1 level once more. Dogecoin Social Sentiment Surges To October 2022 Levels Dogecoin (DOGE) like the rest of the crypto market has slowed down in the last day. This comes after a massive leg-up that saw the likes of Bitcoin and Ethereum break through four-month highs before correcting downwards. However, for Dogecoin, it looks like the party may…

• Paul Pierce, NBA Hall of Fame player, settles with the Securities and Exchange Commission (SEC) over charges of unlawful touting digital asset EthereumMax. • SEC continues to crack down on the crypto industry, and Pierce has been charged with the same offense as other celebrities who had something to do with promoting the cash grab scheme supported by EthereumMax. • As part of his settlement with the SEC, Paul Pierce will pay a sum of $1.1 million as a penalty for his offense committed and abstain from promoting any crypto assets for three years. Paul Pierce Settles With SEC Over Unlawful Touting Of EthereumMax Paul Pierce, NBA Hall of…

• Bitcoin network activity is now at its highest level since May 2021, due to the increasing popularity of Ordinals NFTs. • CryptoQuant’s Bitcoin Network Activity Index has been steadily rising as a result of this increased activity. • The index is composed of four indicators, including total active addresses, number of transactions, Unspent Transaction Output count and block size. Bitcoin Network Activity on the Rise The Bitcoin network has experienced a surge in activity in recent days thanks to the rapid growth of Non-Fungible Tokens (NFTs) on the network. This increase in activity has been tracked by CryptoQuant’s “Network Activity Index,” which evaluates four key metrics: total active addresses,…

• Elon Musk recently announced that Twitter is applying for regulatory licenses to enter the payments business in the U.S. • Musk revealed new details about a model on Twitter which will enable content creators to make money on the platform. • Dogecoin surged 8% following this news, but its price is still far from its hype high from November. Elon Musk’s Announcement On Monday, Elon Musk surprised everyone with the news that Twitter had started applying for regulatory licenses to enter the payments business in the U.S., which sent the Dogecoin price soaring. As Bitcoinist previously reported, there have been rumors of a Twitter Coin and crypto payments for…