The Russian ruble instantly crashed some 20% earlier today before their central bank intervened, with it still down 10%. Rub spiked to 90 per dollar from 74 last week, currently...

Russia’s attack on Ukraine last night caused major turmoil for financial markets worldwide, which spilled over to crypto assets. Ruble at all-time low The tensions between Russia and Ukraine have escalated to an all-out war, as Russia launched an attack last night, including missile strikes and an invasion of ground forces into Ukrainian territory.  The […]

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Markets react to Putin’s speech as investors move to safety across risk assets, which is negatively impacting the price of bitcoin and tech stocks.

Russia’s RTS Index has crashed 10% today while Nasdaq dropped 3.16% at one point in one of the worst day for global stocks. Germany’s Dax index is down 3.86%. Europe’s...

Cryptocurrencies do not have a role inside Russia’s financial sector, says the Deputy Chairman of the Russian Central Bank. Cryptocurrencies to be “phased out” According to a Finbold article, the Central Bank of Russia has published a working paper that calls for a complete ban of all cryptocurrency transactions. As rationale, the central bank cites […]

The post Russian Central Bank Suggests Total Crypto Ban appeared first on CryptoCoin.News.

US stocks breathed a tentative sigh of relief now that the bond market selloff appears to be taking a break.  In just a few weeks, Wall Street has gone from pricing in a gradual tightening of policy to a hurry-up offense that could deliver 4 to 5 rate hikes this year and a balance sheet […]