Here’s Why the Recent Bitcoin Rally Had Nothing to Do With Russian Sanctions.
Bitcoin’s (BTC) price soared above $44,000 earlier this week amid allegations that fresh US sanctions against Russia were to blame. However, fresh research suggests that claims that Russians are circumventing sanctions by using cryptocurrency are unfounded. The value of ruble-denominated crypto activity on March 3 was $34.1 million, according to statistics from blockchain analytics firm […]
Investment Expert Mark Mobius Reveals Why Bitcoin Price Rallies Amid Ukraine Crisis
Mark Mobius explains that Bitcoin price is rallying on the heels of the massive purchase of Bitcoin by Russians. The latest spike in bitcoin price, according to veteran investor Mark Mobius, can be linked to Russians purchasing into the cryptocurrency. Bitcoin price surged by 10% on Monday as more sanctions are imposed on Russia. “I […]
Bitcoin Won’t Have Another Bull Run until End of 2024 Remarked Huobi Co-founder Du Jun
Du Jun’s claims are predicated on the notion that bitcoin bull markets are inextricably linked to a process known as halving, which occurs every few years. Du Jun’s Assertions In an interview with CNBC over the weekend, Du Jun stated that, based on previous market cycles, there may not be another one for around three […]
Will Shiba Inu coin ever reach $1?
In 2021, Shiba Inu had a tremendous season, and there’s no doubting it. Following the rise of Dogecoin, the value of SHIB increased from $0.000000000133 (nine zeros) at the end of 2020 to $0.000033 (four zeros) at the end of 2021, a gain of approximately 26,000,000%. This increase was facilitated by major cryptocurrency exchanges allowing […]
SHIB Price Analysis for February 12
SHIB is currently a bigger loser than DOGE, with its loss accounting for 8.41% of the stock’s decline. Shiba Inu prices may decline further in order to test important levels of support before resuming their upward trend. Bulls are taking some time to gather their breath before attempting to push the price of Shiba Inu […]