Bitcoin Daily โ€“ February 25


๐Ÿ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:ย $39,117

Bitcoin price has broken above $39,000 overnight, currently holding the level to begin Friday.

Top-20 altcoins have recovered extremely well, as Ethereum jumps 11%, BNB gains 7% and Polygon leads with a 13% rally.

Top Stories for February 25, 2022 ๐Ÿ”ฅ

๐Ÿ‘‰ Ukrainian Military Organization Receives $800K In BTC Donations

A non-government organization backing the Ukrainian military has raised more than $800,000 in Bitcoin, with more than $700,000 being received within a single day.

The group, "Come Back Alive", has enabled people from around the world to donate to support the cause without any middle-man or financial restrictions. It will use the funds to distribute supplies to soldiers.

๐Ÿ‘‰ Voting Postponed Indefinitely For European Anti-PoW Bill

European parliament has postponed its vote on a bill involving cryptocurrency regulation, following criticism over a leaked draft and its potential implications.

The bill looked to ban the use of Proof-of-Work (PoW) cryptocurrencies such as Bitcoin and Ether in the European Union, citing concerns over energy use. The draft would prohibit firms to provide services requiring the use of PoW cryptocurrencies as of January 2025.

๐Ÿ‘‰ Japanese e-Commerce Giant Rakuten Launches NFT Marketplace

Japanese e-commerce giant Rakuten has officially launched its very own NFT trading platform, simply called Rakuten NFT.

Rakuten NFT also hosts a platform enabling intellectual property owners to build their own websites to issue and sell NFTs. The project was initially planned for launch last year.

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