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Joe Biden’s executive order is finally upon us, and it doesn’t look too dreadful, March 7–14.

As Russia’s self-styled “special operation” against Ukraine continues, crippling economic sanctions remain the Western powers’ primary weapon to counter Russia’s military actions without triggering an even more dramatic escalation. As NATO and allies’ financial offensive unfolds, ensuring that the collective West presents a united front remains political leaders’ chief concern. The global crypto industry keeps…
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Bitcoin could crush Russian ruble by rising another 140%, classic technical setup suggests

Bitcoin (BTC) has declined by around 30% after topping out at 5.8 million rubles a token on March 9. Nonetheless, the said drop could be an excuse for traders to dump another big stash of the Russian national currency if a classic bullish continuation pattern plays out. Bitcoin heads towards 11 million rubles Dubbed the…
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Bitcoin tracks $39K ahead of Europe vote on Proof-of-Work legality

Bitcoin (BTC) stayed steady at $39,000 into Monday’s Wall Street close as stocks took the opportunity to reclaim some losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bulls need “miracle” $40,600 reclaim Data from Cointelegraph Markets Pro and TradingView showed BTC/USD unmoved at the opening bell on March 14. The pair had rebounded from a last-minute…
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Financial future or false promises? Crypto firms go big on ads in 2022

Advertisements are in abundance everywhere we go — from billboards seen throughout road trips to commercials displayed every fifteen minutes or so during television shows. It’s also the case that most advertisements today display messages from major internet-based brands like Amazon, which was ranked as the largest advertiser in the United States in 2020. Telecommunication…
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Coinjoin BTC mixing tool to block illicit transactions

CoinJoin, a popular Bitcoin (BTC) mixing tool, will block transactions associated or flagged as illegal. The announcement came from the official Wasabi Wallet Twitter account, which Coinjoin is a part of. The zkSNACKs coordinator will start refusing certain UTXOs from registering to coinjoins. pic.twitter.com/X3kBuQwieO — Wasabi Wallet (@wasabiwallet) March 13, 2022 The official announcement noted…
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Tax expert says buying crypto is not a taxable event

While many refer to crypto as the “Wild West,” some believe that this may only continue for a little longer. Thomas Shea, crypto tax leader at EY Financial Services, told Cointelegraph that taxation for crypto is an evolving area and new regulations may be implemented soon. “There is new legislation that will require reporting for…
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Musk-Saylor inflation debate boils down to scarcity

As rising inflation threatens to eat up further the purchasing power of the global fiat ecosystem, finding the perfect hedge against a falling economy has become the need of the hour — especially for the general public across the world.  Joining this discussion online, Tesla CEO Elon Musk asked publicly about the probable inflation rate…
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5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week struggling to preserve support as key macro changes appear on the horizon. In what could turn out to be a crucial week for Bitcoin and altcoins’ relationship with traditional assets, the United States Federal Reserve is set to be the main talking point for hodlers. Amid an atmosphere of…
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Environmental sustainability key sticking point in EU MiCA bill

The legal standing of Bitcoin mining in the European Union hinges on the results of a March 14 vote in the European Parliamentary Committee on Markets in Crypto Assets (MiCA). A controversial line concerning the “minimum environmental sustainability” of crypto mining has been reintroduced to the bill after previously being taken out. The new line…
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Top 5 cryptocurrencies to watch this week: BTC, DOT, SAND, RUNE, ZEC

BTC’s technical setup suggests a potential breakout to the upside and charts suggest DOT, SAND, RUNE and ZEC would be the first to benefit from any bullish price action. Source link