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Day: March 2, 2022
Billionaire admits he was wrong about Bitcoin as Citadel looks to crypto markets
American multinational hedge fund and financial services company Citadel is poised to enter cryptocurrency markets this year. Speaking on Bloomberg Wealth with David Rubenstein, Citadel founder Ken Griffin commented on the current state of markets in light of recent geopolitical conflicts stating that they are at a “very volatile inflection point.” When the interview turned to digital assets, Griffin who has previously warned the younger generation away from them and said “there’s no need for cryptocurrencies,” revealed that the firm would be engaging in crypto asset markets this year. “It’s…
Putin Is Temporarily Banning Foreigners From Pulling Money Out of Russia
The move is aimed at halting capital flight from the country, which has been hit with increasingly harsh economic sanctions from the U.S. and Europe after it invaded Ukraine on Feb. 24. A growing list of Western companies, including BP and Shell, have announced plans to halt investments in Russia due to the invasion. Source
CryptoPunk NFT Is Latest Donation to Ukraine’s $33M Campaign
The rare NFT could be worth $200,000 according to some estimates. Source
War coincides with Bitcoin’s highest ‘real’ volume since early December
The “real” daily Bitcoin (BTC) volume spiked to levels not seen for three months amid the Russian invasion of Ukraine. According to the latest weekly update report from blockchain analytics firm Arcane Research, real daily BTC trading volume surged above the $10 billion last Thursday (Feb. 24, the first day of the invasion), marking the highest daily volume recorded since Dec. 4. The firm cited “new crypto narratives” that have risen to the forefront amongst the ongoing crisis, such as crypto fundraising in Ukraine, along with demand increasing in relation…
Bitcoin Crash Today | Now What To Do ? Altcoins Latest Price Updates | Cryptocurrency HOT News Hindi
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin Crash Today | Now What To Do ? Altcoins Latest Price Updates | Cryptocurrency HOT News Hindi JOIN CRYPTO NOTES TELEGRAM CHANNEL Crypto Notes telegram channel link Bitcoin price sudden crash results a quick fall in the prices of 70% altcoins. What to do Now to recover your losses? I have explained latest trading strategies in this video. Bitcoin price can recover quickly if btc price bounce up $48000 mark. If btc price rise above $48k then bitcoin price next target…
Experts reject concerns Russia will use crypto to bypass sanctions: ‘Totally unfounded’
Experts on crypto policy argue that concerns expressed by high profile politicians about Russia evading economic sanctions using cryptocurrency are “totally unfounded.” They say the crypto market is not nearly large enough nor deep enough to support the volume that Russia needs and that the country’s digital asset infrastructure is minimal. Former U.S. Secretary of State Hillary Clinton and the current President of the European Central Bank Christine Lagarde are among the high profile figures concerned that cryptocurrency could provide the means for Russia to bypass severe financial sanctions imposed…
Bitcoin Consolidates Below $45K, What Could Trigger A Correction
Bitcoin spiked to test the $45,000 resistance against the US Dollar. BTC is consolidating gains and might correct lower towards $43,000 in the near term. Bitcoin extended increase and traded close to the $45,000 resistance zone. The price is trading above $44,000 and the 100 hourly simple moving average. There is a key contracting triangle forming with resistance near $44,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct lower if there is a move below the $43,000 support zone. Bitcoin Price Extends…
Hillary Clinton Urges Biden Administration to Pressure Crypto Exchanges to Block Russian Users – Regulation Bitcoin News
Former presidential candidate Hillary Clinton has criticized the Biden administration and European governments for not pressuring cryptocurrency exchanges to end transactions with Russian users. She believes regulators “should look hard at how they can prevent the crypto markets from giving an escape hatch to Russia, both governmental and private transactions in and out of Russia.” Hillary Clinton ‘Disappointed’ Crypto Exchanges Are Not Blocking All Russian Users Hillary Clinton, a former first lady, U.S. senator, secretary of state, and the 2016 Democratic presidential candidate, heavily criticized the Biden administration, the Treasury…
How to Make Blockchain a New Kind of Economic Engine
There’s no great definition of enduring value. However, I’ve adapted a concept from Michael Porter, who wrote a number of books on competitive advantage and strategy, which focuses on long-term economic decision-making. According to Porter, the core attributes of value creation remain consistent, regardless of technology and pace of change. If we apply this thinking now, then all the hype around the blockchain and crypto market volatility is irrelevant to the essentials of value. What really matters is what this technology ultimately enables – real, long-lasting value. Source link