Tag: BTCRUB

Amid Sanctions, Russia’s Sberbank Secures License to Issue Digital Assets

A day after Ukraine legalized the use of digital assets in the country, Russia’s largest lender Sberbank secures the license to issue digital assets in the country. On Thursday, March 17, the Russian central bank said that Sberbank can now exchange digital financial assets, a move that seems to thwart the effect of U.S. sanctions. […]

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Bitcoin’s Exchange Supply Hits Three-Year Low, BTC Crowd Sentiment Turns Positive

Earlier this week, the world’s largest cryptocurrency Bitcoin (BTC) made a brief move above $45,000. However, ever since the Federal Reserve announced the inflation numbers on Thursday, it has been moving sideways. Bitcoin has corrected over 7% from its weekly highs and is currently trading at $42,268 with a market cap of $801 billion. However, […]

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Billionaire Bill Ackman Asks New York Lawmakers to Ease Up Crypto Rules or Lose Innovation

On Wednesday, February 9, billionaire investor Bill Ackman requested the New York officials for removing barriers to crypto innovation in the state. New York is currently having one of the strictest jurisdictions in comparison to other states in America. As a result, most of the crypto trading platforms, DeFi protocols, etc. have refrained from operating […]

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After NFTs, Gucci Steps Into the Metaverse Buying Digital Real Estate on Sandbox

Luxury fashion brand Gucci is making some swift moves when it comes to adopting new technologies like the Metaverse. After its move into the world of NFTs last year, Gucci decides to enter into the world of metaverse by buying digital real estate on The Sandbox platform. This move by the luxury brand specifically seeks to boost […]

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Just-In: Russia To Legalize Bitcoin; Regulatory Draft Arriving by Feb. 18

The news in the town is that Russia is preparing for a draft law to legalize Bitcoin and cryptocurrencies this month. BREAKING: #Bitcoin to be recognized as legal currency in Russia. — Watcher.Guru (@WatcherGuru) February 9, 2022 From its plans to ban digital assets to integrate crypto into its financial system, Russia has taken a […]

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Bitcoin (BTC) Reverses Its Trajectory After Touching $45,000, But Mega Whales Are Buying

On Tuesday, Feb 8, Bitcoin (BTC) climbed all the way to $45,000 in a continued rally to the north. However, it seems like the world’s largest cry[ptocurrency is witnessing a partial retracement and is currently trading 1.58% down at $43,500 levels. With the recent price surge, Bitcoin has managed to give a breakout from its […]

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Bitcoin (BTC) Breaches 50 DMA In A Major Trend Reversal, Lightning Network Capacity At ATH

Over the last weekend, Bitcoin (BTC) has been showing healthy signs of a trend reversal, and well, as of press time, it has moved past its 50-day moving average (DMA). As of press time, Bitcoin is trading 3.05% up at $42,799 with a market cap of $811 billion. This could be the end of the […]

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Just-In: Belarus Gives Green Signal to Investment Funds for Investing in Crypto

In a major step, the Eastern European country of Belarus has decided that it will let investment funds seek exposure to digital assets. Belarus’ Ministry of Finance for public consultations has published amendments that seek to lure some investment funds. The department said that despite it having the necessary regulatory framework for collective investments, not […]

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Jack Dorsey Criticizes Meta’s Diem Project, Says Zuckerberg Should Have Opted for Bitcoin

Days after Facebook’s parent company Meta called its quits for its stablecoin project Diem, Block Inc’s Jack Dorsey has come lashing out at the company. The Twitter founder and former executive believe that Facebook’s Mark Zuckerberg should have spent so much effort in creating a new stablecoin. Dorsey believes that the company would have been […]

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Bitcoin Holds Above $38K and Ether Above $2.5K, Here’s what can Fuel Prices Further.

After a strong bloodbath earlier this month, Bitcoin and the overall crypto market are showing up some strength as of now. Over the last few hours, Bitcoin has regained its position above $38,000 levels. As of press time, BTC is trading 1% up at $38,162 with a market cap of $723 billion. Similarly, Ethereum (ETH) […]

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