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Ethereum starts recovery. Why bears keep control
Ethereum fell below $2 ,800 support against the U.S. dollar.

The price of ether has just climbed above the 23.6% Fibonacci retracement level of the key decline from a swing high of $3,188 to a low of $2,575. The $2 ,755 level is the immediate upside resistance. The next major resistance is near the $2,800 level and the 100-hour simple moving average. Clear moves above $2 ,800 may push the price to $2 ,880. The 50% Fibonacci retracement level of the key decline from the swing high at $3,188 to the low at $2,575 is also near the resistance zone at $2,880.
Ethereum starts recovery
Ethernity introduced the Luka Modric collection to honor the Croatian soccer player.
Luka Modric, one of three players from his generation to win the Golden Ball and reach the final of the 2018 World Cup, is Luka Modric.

Ethernity, an innovative NFT project, auctions authenticated works of art. It features the top artists and stars in sports, music and film as well as technology and history. Each digital piece of art is presented in a token that cannot be exchanged.
Modrich’s Collection is a high-quality collection of digital art and wearable items. It will be admired by collectors and fans alike. Modric’s versatility as both a central and attacking midfielder makes Ethernity proud to be a partner in the NFT ecosystem.
Luka Modric’s wearable Jerseys will be available across several metaverses, including Sandbox (with which Ethernity has recently announced a strategic partnership) and the Ethernity metaverse. More details will follow.
Ethernity unveils the Luka Modric collection.

Hacking OpenSea – NFT by Millions Stelen from Users
NFT platform is investigating rumors that a hacker stole valuable NFTs from platform members.

Hackers are attacking high-value NFTs on the OpenSea trading portal, according to reports. NFT holders all over the globe are in trouble as hackers are reportedly actively trying to steal NFTs and then flip them to make a profit on OpenSea. OpenSea is the largest NFT platform in the world.

Tensions between Russia & Ukraine are destroying $160 billion from the crypto markets. reports that the cryptocurrency market plummeted to $1. 82 trillion from $1. 98 trillion in the week to Feb. 19, losing about 8.1%.

This week’s market pressure was caused by fears of a Russian invasion of Ukraine. Market value fell by around $160 trillion as investors fled to more secure asset classes.
Stabelcoins and U.S. Treasuries were among the safe-haven assets that were benefited. Trading volumes rose to $72.3 billion from $64.5 billion for the week.

Canada’s new cryptocurrency wallets
are being froze by exchanges, warning cryptocurrency usersThe Canadian government continues to put pressure on truckers protesting COVID-19 mandates.

The Freedom Convoy will result in full sanctions for individuals and businesses. The deputy prime minister stated that Canada’s financial intelligence regulator, Financial Transaction Analysis and Reporting Centre of Canada (FTC), has started to register crowdfunding platforms and payment service providers.
Canada blocks more cryptocurrency wallets

Market bloodbath
– Ethereum hashrate reaches new all-time highAs the average hash rate hits a new record high, Ethereum’s circulation rises.

The Ethereum mining capacity has reached a new record high. This is due to increased risk aversion in global financial markets.

Nexo, a cryptocurrency lender, will cease paying interest on U.S. customer deposits
Nexo announced policy changes in the U.S. customers.

A statement sent to customers by Nexo and an email to customers, states that the policy changes will affect existing and new accounts. The firm also stated that it had “voluntarily implemented changes in its Earn Interest product in America to comply with recently published guidance.” “

Helium decentralized wireless network raised $200 millions
Axios reports that Helium raised $200 millions in Series D for a valuation of $1.2 million.

Tiger Global and FTX Ventures reportedly joined existing investors such as Multicoin Capital and Khosla Ventures. Andreessen Horowitz previously managed a $111million token sale.