Bitcoin has reclaimed the $40,000 mark in the last hour, following indications of progress in discussions between and Ukraine amid the ongoing conflict. Russian President Vladimir Putin stated that “positive movement” was being made in the negotiations on a “daily basis.” Russia is facing penalties from Western countries, among others, as world leaders criticize the invasion of Ukraine. Bitcoin Spikes Following Putin Remarks The spike came in the wake of new comments from Russian President Vladimir Putin, who indicated in a meeting with his Belarussian counterpart, Aleksandr Lukashenko, that there had been “positive shifts” in the Ukraine dynamic. Putin said improvements has been made in the talks between the Kremlin and Ukraine: “There are certain positive shifts, negotiators on our side tell me.” BTC/USD trades close to $40k. Source: TradingView Putin’s remarks boosted global markets. Futures on the S&P 500 rose 1.31%, while futures on the tech-heavy Nasdaq 100 rose 1.65%. Sentiment in Europe was higher, with the DAX in Germany rising 3.41% and the Stoxx Europe 600 rising 2.09%. At the time of writing, BTC/USD volatility remained high, with bulls aiming to break through $40,000 resistance more convincingly. The increasing volatility had an effect on liquidations as well, with over $24 million in leveraged positions being wiped off the market in the last hour alone. The largest single liquidation order was on Bybit, worth about $6 million. Explosive growth in #Bitcoin bitfinex shorts hate to say it, capitulation incoming pic.twitter.com/FTQGt41UBQ — Cole Garner (@ColeGarnerXBT) March 11, 2022 Related Reading | Bitcoin On Course To Hit $100K Nine Months From Now, Bitbull CEO Predicts Traders Unsure Of Market The cryptocurrency market remains volatile. Bitcoin rose from $38,600 in European morning hours to little more than $40,200 after Putin’s remarks were made public. Ethereum, XRP, and Solana’s SOL all gained 2.4% in the last hour, while Polkadot’s DOT led advances with an 8% rise in the last 24 hours. However, it’s worth mentioning that Russian troops are rumored to be gathering around Kyiv, and some foresee a possible effort to encircle the capital. Adam Cochran, a well-known crypto critic and analyst, commented on the contradicting signals, saying: “Markets are so thin and so desperate for relief that we’re moving on vague positive news in the Russia-Ukraine conflict while both sides also release worsening statements and escalating action.” Bitcoin stayed at the lower end of its established trading range, with the area north of $42,000 proving impossible to hold for long in 2022. The latest price action, however, was a godsend for some traders, with popular Twitter account Anbessa informing followers that everything was going as planned. $BTC/USD Update 📈✅ 🔹bullish divergence playing out ✔️🔹4th entry -> 4 bounce up 3% pic.twitter.com/QqZnheFLyQ — AN₿ESSA (@Anbessa100) March 11, 2022 The deterioration of Ukraine’s position has sent shockwaves through global markets. This week, India saw a massive outflow of foreign capital worth billions of dollars, while Brent crude hit $140 per barrel. Related Article | Billionaire Investor Says Crypto Outlook Is ‘Very Bullish’ For Bitcoin Featured image from Getty Images, chart from TradingView.com

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 The crypto-verse has been longing for a catapulting flight to the stratosphere. They yearn for what has been escalating since the roll-out of the executive order. Which has been fueling optimism in the crypto fraternity. Wherefore, crypto investors and merchants are keen on investments in potential digital assets. Consequently, prominent layer-2 protocol Polygon is under …

The run-up to the latest snapshot of just how bad U.S. inflation is sees Bitcoin break through range low resistance.

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XRP price flipped the bearish trend and spiked high to be prepared for the upcoming breakout which may be pretty explosive. Also, the on-chain metrics flashes the possibility of the bulls taking over the market very soon. Currently, the XRP price is on the verge of deciding the next leg as it approaches the end …

For the time being, the LUNA bulls cannot break through an overhead barrier. RUNE has gained nearly 51% in the

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Cruddy cryptography means victims whose files have been encrypted by the Ukraine-tormenting ransomware can break the chains without paying extortionists. A...

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 imposed in the country after their attack on Ukraine. Sanctions Pump Bitcoin The most influential countries in the world have imposed penalties on Russia aiming for its economic collapse to stop Putin’s efforts to invade Ukraine. However, it is not only politicians who are threatened by penalties but common citizens. State Duma deputy from the Communist Party Nikolai Arefiev commented to a local news portal that savings of Russians could be confiscated by the Russian government: “If all funds that are abroad are blocked, then the government will have no other choice but to seize all the deposits of the population – there are about 60 trillion rubles – in order to get out of the situation.” Both Russians and Ukrainians have recorded enormous increases in crypto trading volume as they run to use it as a safe haven for their savings and wealth and a financial tool that allows them to take their money abroad or avoid sanctions. Similarly, bitcoin also became a valuable tool to send donations to Ukrainian efforts. The cryptocurrencies that have recorded the highest trading volumes in the countries have been bitcoin and tether. Bitcoin’s original narrative seems to be winning amongst the people who need it and so, its price has increased while recording other historical marks. Related Reading | Bitcoin Soared 20% In Two Session With Crypto Demand As Haven The Pump As per Arcane Research data, the bitcoin price increased 14.5% on Monday, its largest pump since February 8th, 2021, when the crypto coin reacted positively being shot up to an ATH after Elon Musk announced Tesla had bought $1.5 billion in bitcoin. Furthermore, data shows that the digital coin was back at providing better returns after a rough month. Bitcoin’s 7-day volatility increased to 5.4%, its highest mark since June 2021. Arcane Research notes this proves that the digital coin “behaves opposite of the rest of the financial markets concerning volatility, as upwards price movements often cause the most significant volatility spikes.” Similarly, many were already used to the possible correlation between bitcoin and tech stocks, but that correlation has decoupled as bitcoin price increased 5% during the past day while equity stocks closed at lower prices. Bitcoin use case as a store of value might be making a return to the markets. Before Monday’s big pump, bitcoin trading volume reached over $10 billion last Thursday as a reaction to Russia’s attack on Ukraine. This is the highest level reached since December 4th. Related Reading | Bitcoin Breaks Above 50-Day SMA, Will BTC Ride It Out To $50,000? BTC Price Arcane data further noted that the digital coin has returned to its $40-44k trading range and the resistance level of $44,000, found during early February’s rally, is an important mark since the coin has yet to convincingly break through that resistance. Data suggests that if BTC breaks through $44k again, then “$47,000 is the next resistance area to pay attention to.” Meanwhile, bitcoin was slightly up in the last 24 hours. At the time of writing the digital coin’s price is $43,894.

The price of Ripple (XRP) is stuck below the 21-day moving average line as buyers try to keep the XRP price above the moving averages. If the buyers are successful, XRP would have risen to the previous lows.

We’ve discussed a lot about the internals of using CSS in this ongoing series on web components, but there are a few special pseudo-elements and pseudo-classes that, like good friends, willingly smell your possibly halitotic breath before you go …

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