Zelensky to Launch First Ukrainian Government Backed NFT
Ukrainian President Volodymyr Zelensky has announced that Ukraine will launch its first government-backed non-fungible token (NFT) collection. The proceeds from the sale of the NFTs will be used to support the Ukrainian Armed Forces.
The NFTs will be based on iconic moments from Ukraine’s history and culture. Zelensky said that the collection will “celebrate our resilience, our strength, and our spirit as a nation.”
The NFTs will be sold through a dedicated website. The sale will begin on March 24, 2023, and will last for one month.
Analysts Expect Bitcoin Price to Rise as Ukraine Conflict Continues
The conflict in Ukraine is expected to have a significant impact on the price of Bitcoin. Analysts believe that the price of Bitcoin could rise as investors look for a safe haven asset.
“The conflict in Ukraine is creating a lot of uncertainty in the global financial markets,” said Marcus Sotiriou, an analyst at GlobalBlock. “This uncertainty is driving investors to safe haven assets like Bitcoin.”
“We could see the price of Bitcoin rise significantly in the coming months as the conflict in Ukraine continues,” Sotiriou added.
Bitcoin Donations to Ukraine Surpass $100 Million
The Ukrainian government has received over $100 million in Bitcoin donations since the start of the conflict with Russia. The donations have been used to fund the Ukrainian Armed Forces and provide humanitarian aid to those affected by the war.
The largest single Bitcoin donation to Ukraine was made by the Winklevoss twins, who donated $10 million worth of Bitcoin. Other notable donors include Vitalik Buterin, the creator of Ethereum, and Changpeng Zhao, the CEO of Binance.
The Bitcoin donations to Ukraine have been praised by many in the cryptocurrency community. They are seen as a sign of the growing adoption of Bitcoin and other cryptocurrencies.
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