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Bitcoin (BTC)

Binance Will Not Halt Servicing Russian Accounts (Report)

The world’s leading digital asset exchange – Binance – does not intend to freeze the accounts of Russian-based individuals, a spokesman for the platform revealed. He further argued that “crypto is meant to provide greater financial freedom,” and such a move could oppose the concept of the industry. In-Line With Kraken Russia’s “special military operation” in Ukraine seems nowhere near an end as the tension between the two countries keeps escalating. As of the moment, the USA,...

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Will Russia Use Crypto to Avoid Newly-Imposed Sanctions?

Analysts are convinced that Russia may utilize cryptocurrency to avoid sanctions recently imposed due to its attack on Ukraine. What Will Russia Do with Crypto? Last week, the U.S. imposed sanctions on Russia for its invasion of Ukrainian territory, but many industry experts believe that these sanctions aren’t going to go anywhere, and that Vladimir Putin could potentially turn to digital assets to avoid whatever’s been imposed on his nation by the American government....

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Warren Buffett: Avoid Bitcoin if War Breaks Out

Now that Russia has invaded Ukraine, many are worried that the United States could be entering the brink of war. We have made it clear to our enemies that if democracy is threatened anywhere in the world, the country will intervene. Warren Buffett – the mogul behind real estate giant Berkshire Hathaway – says that investors should avoid things like bitcoin and gold for now, and they should instead put all their money into stocks, as they are the safest bets in times of...

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Poutine bloque le transfert de devises vers l’étranger

Selon l’agence de presse Reuters, le président russe Vladimir Poutine aurait ordonné l’interdiction, à partir du 1er mars, du transfert de devises vers l’étranger en représailles aux sanctions économiques imposées à Moscou par l’Occident. Pur hasard ou conséquence, le bitcoin progresse de près de 8% en quelques heures. Apolitique et résistant à toute censure (ce qui n’est pas le cas, par exemple,...

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Bitcoin Touches $41K as Russian Minister Says They Work on a Digital Currency

Bitcoin is back above $40k despite descending to $34k just last week. Meanwhile, as politicians discuss Russia’s potential use of cryptocurrency to evade sanctions, the eastern superpower is apparently working on a digital world currency. At the time of writing, Bitcoin is trading at $40,976, having briefly peaked over $41k today. That’s up from under $38k just four hours ago. Bitcoin’s price plunged to $34k on Thursday after Russia announced “special military operations” in...

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ECB President Urges for Crypto Regulations Following the Sanctions to Russia

Christine Lagarde – President of the European Central Bank – urged the EU to strengthen cryptocurrency regulations. In her view, the move could prevent Russia from evading monetary sanctions after starting the military conflict in Ukraine. Russia Could Use Crypto to Bypass Embargoes The European Central Bank has called upon establishing a comprehensive regulatory framework on the digital asset industry numerous times. Russia’s invasion of Ukraine and the following financial...

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Colorado Will Allow Residents to Pay Taxes with Crypto

Colorado has set forth a new law that will allow people to pay for taxes and fees with cryptocurrency. Colorado Says “Yes” to Crypto Payments for Tax Fees Governor Jared Polis announced the news late last week, commenting: In Colorado, we’ve been laying the groundwork to be a center of crypto and blockchain innovation for a number of years. We see it as a critical part of Colorado’s overall innovation ecosystem. The initiative pushes forward the primary goals of bitcoin...

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Du Jun of Huobi Fame: Bitcoin Will Remain in a Funk Until 2024

Bitcoin hasn’t been doing too well as of late. The invasion of Ukraine by Russia and several other factors have caused the world’s number one digital currency by market cap to fall heavily over the past week or two, and now – according to Du Jun, the chief executive of crypto exchange Huobi – bitcoin isn’t likely to experience another bull run until the end of 2024. Du Jun of Huobi Thinks Bitcoin Will Stay Low for Nearly 3 Years Du Jun recently made headlines when he...

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Online Romance Scam Tricks Woman Out of $300K in Bitcoin

Bitcoin is great and having a romantic relationship with someone can also be rather rewarding, but as we’re learning in recent days, the two don’t always go together. A woman that used the dating app Hinge now has an empty wallet after someone posing as potential boyfriend material scammed her out of more than $300,000 in bitcoin. Bitcoin Was the Target, Not a Romantic Relationship The unnamed woman – who is 33 years of age at the time of writing – says that she became...

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Bitcoin Price Analysis: If BTC Breaks Above $40K, This is The Next Level to Watch

Bitcoin underwent some volatile days over the past week, facing its first geopolitical severe conflict throughout its relatively short lifetime. The macro fear has yet to cool down, but judging by the last few days, bitcoin surprised the investor with a huge bounce back from $34K. This buying pressure was from FTX and Bitfinex exchanges and pushed the price to $40K, in correlation with Wall Street’s Thursday reversal (Nasdaq saw a 7% intraday surge). The uncertainty and fear...

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