Buyers of Bitcoin (BTC) have been active in the last 24 hours, as the cryptocurrency has surpassed $44,000 for the first time in the last few weeks. After technical indicators reached their most oversold levels since March 2020, upward momentum is picking up. At press time, BTC was trading approximately $43,571.20, down 2.75% in the previous 24 hours.

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Buyers would need to make a significant move over $44,000 to reverse the price decline that has occurred from the November top of approximately $69,000. Brief rallies have been limited below resistance levels in recent months, indicating that sellers have been in charge.

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However, bitcoin may experience more gains in the short term, especially given the relative strength index (RSI) is not overbought on the daily chart. The next level of resistance is around $45,000, which may put a halt to the current advance.

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Bitcoin fear and greed index on Wednesday, February 9, 2022, went from the neutral level of 48 to the level of 54 as per the alternative. me. The Fear and Greed index is a technique for assessing investors’ emotions toward the market.

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Bitcoin is currently trading around $43,579.43, down 2.73%. In the last 24 hours, the highest it touched was $44,900.83 and the lowest was $42,807.84. Bitcoin has a current market cap of $826,031,980,822. It has a circulating supply of 18,952,718.00 BTC coins and a maximum supply of 21,000,000 coins.

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Ukraine is waging a ‘crowdfund war’ against Russia using Bitcoin

As tension on Ukraine’s border continues to increase, Bitcoin donations to Ukrainian non-governmental organizations (NGOs) are skyrocketing, according to a new report by blockchain analytics company Elliptic. These aren’t charities dedicated to alleviating poverty or promoting social justice but about pro-Ukrainian hackers and military groups.  According to Elliptic, NGOs and other organizations are utilizing cryptocurrencies to “crowdfund war.” “Elliptic has identified several cryptocurrency wallets used by these volunteer groups and NGOs, which have collectively received funds totalling just over $570,000 – much of it over the past year,” states the report. Come Back Alive, which offers training, military, and medical equipment, and the Myrotvorets Center, which has links to the Ukrainian government, are among the organizations receiving Bitcoin donations, according to Elliptic. Others include the hacktivist organisations, Ukrainian Cyber Alliance and Belarusian Cyber-Partisans, both of which have carried out cyberattacks against Russian targets. According to Elliptic, the Ukrainian Cyber Alliance alone has received about $100,000 in Bitcoin, Litecoin, Ethereum and stablecoins in the last year.

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UN to unveil Boss Beauties Ethereum NFTs on International Women’s Day

The Ethereum NFT line geared for women On March 8—International Women’s Day—Boss Beauties will unveil a one-of-a-kind collection named Boss Beauty Role Models in New York City, which will become the first entire NFT collection ever presented at UN headquarters. On OpenSea, the original Boss Beauties NFT collection of 10,000 assets now has a floor price—or minimum “Buy Now” price—of 2.3 Ethereum—roughly $7,000 per piece. The project, which debuted in September, now ranks 123rd on OpenSea’s list of the best NFT collections of all time, based on secondary volume trading sales. NFTs are one-of-a-kind tokens that exist on a blockchain such as Ethereum or Solana and represent the token holder’s ownership of a digital or physical asset. Last year, the United Nations funded a competition called DigitalArt4Climate, in which artists were encouraged to create various climate change-themed NFTs, with the top artworks shown during the Climate Change Conference in Scotland.