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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
The ruble crashes past 87 to the dollar early on Thursday as events in Ukraine take a turn for the worst; Bitcoin price tanks. Go to Source Powered by WPeMatico
On Wednesday, global markets have been volatile as Ukraine officials declared a state of emergency amid fears of a Russian invasion. Wall Street’s top indexes shuddered during the day’s trading sessions, and cryptocurrency markets slipped more than 4% during the 24 hour period. On the other hand, the price of gold has jumped 1.47% during … Read more
The Russian army has begun a military operation in Ukraine as missile explosions have been heard surrounding several areas, including the capital of Kiev. Markets have dropped in response. Go to Source Powered by WPeMatico
Bitcoin price retests a major support/resistance zone at $38,000 as technical analysts and traders suggest that “the bottom is in.” Go to Source Powered by WPeMatico
The feared volatile trading session was yet to appear an hour after the open, with Bitcoin seeing modest gains. Go to Source Powered by WPeMatico
Russian Ministry of Finance has prepared and submitted a new bill to expand crypto regulations to the government. The law “On Digital Currency” aims to introduce rules for investment in cryptocurrencies while at the same time cementing a ban on their use in payments. Draft Law ‘On Digital Currency’ to Regulate Crypto Turnover in Russia … Read more
Gold outperforms “digital gold” in the wake of geopolitical strife, analysts note, with XAU/USD passing $1,900. Go to Source Powered by WPeMatico
As the public standoff between the two agencies approaches fever pitch, the Ministry of Finance makes a formal move. Go to Source Powered by WPeMatico