BTC/USD oscillates around $43,00 in mid-Wednesday trade, after falling for a few weeks. The 50-day moving average was impulsively broken to the upside on the daily time frame. The price is currently struggling with the 100-day moving average and amid the $45K area, and if it can break through these levels, the next significant resistance would be the $50K area.

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On the other hand, if the price gets rejected at the current level, the 50-day moving average could act as the first and most probable support level. There have been $94 million in short position liquidations in the previous two days after the break of $39K, and the price follows up the higher trading zone ($40.8K – $44.4K). Aggressive bears were liquidated on the previous breakthrough of $37.1K, and the market is presently trading around $44K – $45K.

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Bitcoin fear and greed index on Wednesday, March 2, 2022, went from the neutral level of 51 to the level of 52 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 $43,756.49, up 0.87%. In the last 24 hours, the highest it touched was $44,793.60 and the lowest was $42,966.45. Bitcoin has a current market cap of $831,159,241,412. It has a circulating supply of 18,972,193.00 BTC coins and a maximum supply of 21,000,000 coins.

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Nvidia hackers are selling software that unlocks crypto mining limiters on graphics cards

A hacking group that infiltrated Nvidia servers last month is attempting to sell software that could unlock crypto mining hash rate limiters on the firm’s flagship graphics cards. A South American hacking group going by the name LAPSUS$ claims to have stolen a terabyte of data from Nvidia servers in late February. The group is now offering software in the form of a customized driver to unlock limiters the company has put on its high-end graphics cards. The cybercriminal group has been trying to extort the California-based company through a Telegram channel. In addition to leaking sensitive personal data that it pilfered, the group is offering to bypass limits on Nvidia’s RTX 3000 series graphics cards to enable higher hash rates for Ethereum mining. The hacking group is also attempting to hold Nvidia to ransom with demands that it remove the limiter from all RTX 3000 series cards and make drivers open-source. It has given the company until March 4 to make a decision.

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At least $14 million of the $26 million in cryptocurrency donated to Ukraine has already been disbursed

Of the $26 million in crypto, the Ukrainian government has raised amid the Russian invasion, at least $14 million has already been disbursed, according to Michael Chobanian, founder of Kyiv-based crypto exchange Kuna, who has been a central figure in the fundraising effort. That might go a long way in assuaging fears about crypto’s place in the war. Authorities across the globe are worried that non-state monetary networks like Bitcoin and Ethereum could enable Russia to evade economic sanctions, while others think decentralized networks could help to raise funds quickly for a besieged nation. “I want to use this opportunity to thank all the crypto guys who already helped us,” Chobanian said. Transactions on most cryptocurrency networks are publicly viewable – one of the guarantees and essential attributes of the underlying blockchain technology. But that doesn’t always mean it’s clear how the funds are being used.