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Monthly Archives: March 2022

Bitcoin jumps back above $40,000 as Russians switch to crypto

[CNN Business] Cryptocurrency prices are climbing after Russia’s ruble sank to another record low and Moscow was hit with new sanctions. As of 5:25 a.m. ET on Tuesday, bitcoin had jumped 13% over the last 24 hours to $43,163, according to cryptocurrency tracker CoinDesk. Other cryptocurrencies moved higher, too. Ethereum climbed 10% Tuesday to reach $2,878. Dogecoin […]

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Can governments ban cryptocurrency?

[The Sun] MILLIONS of investors around the world trade cryptocurrency – and some may be wondering if they will be banned from doing so. The main critique of cryptocurrencies is the heavy volatility they are subject to. Some countries have fully banned cryptocurrencies In other words, the digital assets could gain or […]

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Russia’s central bank shuts the country’s stock market for a 2nd day as analysts warn it is ‘uninvestable’

[Markets Insider, AP Photo] Russia’s central bank ordered the stock market to close for a second day Tuesday as financial stress mounted. The US and its allies have hit Russia with new, tougher sanctions in response to the war in Ukraine. Analysts said Russia is becoming increasingly “uninvestable”, with assets […]

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