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“If a wealthy individual is concerned that their accounts may be frozen due to sanctions, they can simply hold their wealth in Bitcoin,” said Mati Greenspan. Go to Source Powered by WPeMatico
BTC and stock markets recovered some of their recent losses, leading traders to suggest that the panic selling could be “over for a few days.” Go to Source Powered by WPeMatico
The central bank of Ukraine has capped withdrawals of cash in national fiat and banned those in foreign currency. The monetary authority says the measures aim to ensure the functioning of the nation’s financial system under the martial law introduced in response to Russia’s military offensive. National Bank of Ukraine Restricts Hryvnia Withdrawals, Fixes Exchange … Read more
During the course of the early morning trading sessions on Thursday (EST), 24-hour statistics show the crypto economy dropped more than 11% in value against the U.S. dollar. While the leading crypto asset bitcoin shed close to 10%, a myriad of alternative digital assets lost close to 20% in value. The crypto market downturn is … Read more
Ukraine’s Ministry of Defense claims it has received numerous requests from foreigners to donate to its Armed Forces, but it cannot accept crypto proceeds. Go to Source Powered by WPeMatico
Institutional investors who bought BTC via on-chain transactions seem to have not sold their holdings yet, according to CryptoQuant’s CEO. Go to Source Powered by WPeMatico
The bearish outlook by the Elliot Wave Theory appeared as Bitcoin tumbled below $35,000. Go to Source Powered by WPeMatico
Analyst braces for a potential dive below $30,000 as historical support levels remain far from the current Bitcoin spot price. Go to Source Powered by WPeMatico
Bitcoin’s correlation with the U.S. equity market could be one reason for its current decline, but Eastern European money destabilization could push BTC as “crisis” hedge. Go to Source Powered by WPeMatico
Russia’s largest bank, Sberbank, has denied its own supposedly false statement on being included in the U.S. sanctions list on Thursday. Go to Source Powered by WPeMatico
