Bitcoin News
First Mover Asia: The Petroyuan Is No Russia Sanctions Buster; Bitcoin 15% Gain Is Largest in a Year as Investors See Opportunity for Crypto
The People's Bank of China maintains strict capital controls over the country's currency; bitcoin rose over $43,000 and most other major cryptos were well into the green.
Market Wrap: Bitcoin Rises Despite Geopolitical Tensions
Bitcoin is up 10% over the past 24 hours, compared with an 8% gain in ETH and an 14% rise in SOL. Indicators suggest more volatility before a recovery unfolds.
BTC Bounces Above $41K: Is Crypto a Wartime ‘Safe Haven’?
Mauricio Di Bartolomeo of Canadian crypto lending platform Ledn, joins “All About Bitcoin” to discuss BTC’s recent price surge above $41,000 as those affected by the Russia-Ukraine conflict turn to bitcoin apparently as a financial safe haven. As Ukrainian officials call for Russian and Belarusian crypto addresses to be frozen, Bartolomeo discusses the role of trading platforms during times of conflict, looking also at the enactment of the Emergencies Act in Canada during the trucker protests.
Ruble-Denominated Bitcoin Volume Surges as Russia-Ukraine Conflict Endures
In today’s “Chart of the Day” segment, data from Paris-based crypto research provider Kaiko shows that the volume of Russian ruble-denominated bitcoin has surged to a 9-month high of nearly 1.5 billion rubles following global sanctions on Russia. Additionally, Bitcoin-Ukrainian hryvnia volume has also spiked following the progression of the Russia-Ukraine conflict.
Russia Sanctions Present ‘Dramatic Testing Moment’ for Crypto Exchanges
“Geopolitically, crypto is now center stage in the conversation,” Liat Shetret of Solidus Labs tells CoinDesk TV.
The Debate on Whether or Not China’s Crypto Mining Ban Is Worsening Bitcoin’s Environmental Impact
A new study published in Joule claims that bitcoin’s environmental impact has worsened since China’s 2021 ban on cryptocurrency mining because miners moved their operations to countries with less renewable energy. “The Hash” dissects this report, comparing its findings with statistics from the Bitcoin Mining Council while also considering the human rights value of uncensorable money as seen in the Russia-Ukraine crisis.
Bitcoin Rises Past $40K; Resistance at $43K and $46K
The price jump reflects short-term bullish activity, although upside appears limited.
Crypto Funds See Inflows Globally Despite Exodus From European Products
A net $36 million went into digital-asset funds last week with major outflows in Europe but large inflows in the Americas.
CrossTower CEO: Crypto’s Positive Impact in the Russia-Ukraine Crisis
Kapil Rathi, CrossTower Co-Founder & CEO, joins “First Mover” to examine the international markets’ response to the ongoing conflict between Russia and Ukraine. Rathi explains how the increased movement of bitcoin into Eastern Europe is facilitating help to those impacted by the war, stating “crypto was meant for citizens.”
Bitcoin Breaks Above $40K
After a weekend of choppy trade, the popular crypto began a sizable move higher as the U.S. returned to work on Monday morning.
