Russian rubles are now flooding into Tether, while rubble-denominated crypto pairs are on the rise on major crypto exchanges. Between February 20 and February 28,
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War coincides with Bitcoin’s highest ‘real’ volume since early December
“Investors are speculating that crypto will become increasingly important apolitical and trustless money in a time of escalating geopolitical uncertainty, conflict, and capital controls,” Arcane
Read moreBitcoin Sets Record For Largest Single Day Pump After One Year
Bitcoin recorded its largest single-day pump in a year as the Russian ruble tanked 20% in its value against the dollar amidst worldwide economic sanctions
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Data Shows Ruble-Denominated Crypto Trading Has Spiked, RUB Represents Over 2% of USDT Trades
According to reports and data stemming from ruble-denominated crypto trading pairs, Russian citizens are flocking toward cryptocurrencies amid the conflict in Ukraine. Analytical data indicates
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3 reasons why Bitcoin price rallied toward $45K entering March
The gains accompanied a sharp overnight spike in the number of Bitcoin whale addresses.
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Coinbase ‘Will Not Institute a Blanket Ban’ on All Transactions Tied to Russian Crypto Addresses
The popular cryptocurrency exchange Coinbase has addressed the request from Ukrainian officials to freeze the accounts of all Russian users. A Coinbase spokesperson noted that
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