City Moscow Financial News
28.02 / 14:11
cryptocurrency
World News
Ukraine raises $13 million in crypto after crowdfunding appeal
Ukraine's government has raised cryptocurrency worth almost $13 million after posting appeals on social media for donations of bitcoin and other digital tokens, data from blockchain analysis firm Elliptic showed on Monday.
28.02 / 11:57
economics
Central Bank
Ukraine war
Ruble
Russians Ditch Ruble, Central Bank Scrambles as Fiat ‘Destruction’ Looms
Reports on social media claim that citizens in Russian have been spending their cash on luxury items, electronics, and other goods in a bid to dump the ruble before the markets reopen today.
28.02 / 03:23
26.02 / 01:07
cryptocurrency
Ether
Bitcoin
fall
Stablecoins gain as Bitcoin, Ether fall after Russia invades Ukraine
Stablecoins, which are virtual tokens pegged to traditional currencies such as the U.S. dollar, held gains on Thursday in the midst of a sell-off in risk assets such as stocks and bitcoin after Russia launched a full-scale invasion of Ukraine. Most stablecoins were slightly higher on the day. Their market capitalization was up 0.3% at $182.5 billion, according to cryptocurrency data tracker coinmarketcap.com. Its daily trading volume, though, surged 75% to $108.1 billion. In contrast, both bitcoin and ether dropped to one-month lows. Bitcoin was last down 3.1% at $36,121, while ether slid 4.1% to $2,475, following Russia's invasion.
25.02 / 22:07
economics
Central Bank
banking
Ruble
Russian Central Bank Ramps up USD Exchange Rate as Ruble Run Worries Mount
Russia’s Central Bank is desperately trying to avoid a run on the fiat ruble in response to incoming sanctions measures from the EU, the United States, and their allies. And as the Ukraine crisis deepens, the bank has unleashed yet more extreme measures – which may eventually include freezing citizens’ foreign exchange funds.
25.02 / 20:23
Google
Apple
banking
Apple Pay and Google Pay to Become Unusable with Cards from Sanctioned Russian Banks
Customers of five sanctioned Russian banks will be unable to use their cards to pay with Apple Pay and Google Pay, the central Bank of Russia, said.
25.02 / 18:35
Kyiv
'Will you fight Russia, Dad': In Ukraine, war becomes a family concern
Alex, 38, was heading west from Kyiv by car on Friday to find somewhere safe for his wife, son and daughter. Once he had, Alex was heading back to the capital to join the fight against Russia.
25.02 / 12:49
UPS
FIVE
Cooper
China's trade with Russia won't be enough to offset sanctions, U.S. says
BEIJING — China's trade with Russia isn't enough to offset the impact of U.S. and European sanctions on Moscow, according to the White House.
25.02 / 05:45
Dogecoin
Bitcoin price today
Shiba Inu
Bitcoin Price
Bitcoin tanks 12% after Moscow strike on Ukraine; altcoins bleed
The crypto behemoth slipped below $34,500 levels from $39,122 earlier. However, it recovered back to $34,732 by 13.00 hours IST, the data from coinmarketcap suggested. The total volumes zoomed over 41 per cent as Bitcoin worth $32.5 billion exchanged hands in the last 24 hours, the data suggested. The Biden administration enacted fresh sanctions on Russia over the conflict in Ukraine, aiming to thwart its access to foreign capital. According to a New York Times report, Russia could use cryptocurrency to blunt the force of US sanctions.
25.02 / 02:25
NASDAQ
DOW
fall
Geopolitical tensions
Stock futures fall after a stunning comeback as investors assess geopolitical tensions
Stock futures fell in overnight trading Thursday following a sharp reversal on Wall Street as investors continued to assess the risks stemming from Russia's invasion of Ukraine.
24.02 / 22:45
UPS
Biden Hits Russia With Additional Sanctions on Banks, Russian Elites
President Biden said Thursday the U.S. would impose new sanctions on Russian banks and elites in the country, ramping up efforts to punish Moscow for launching a large-scale invasion of Ukraine.
24.02 / 19:47
Russia’s war in Ukraine: What we know so far
Vladimir Putin said that Russia invaded Ukraine to protect the breakaway regions in the east of the country but Thursday’s military assault also came from the north and the south.
24.02 / 16:55
economics
European Commission
EU Unlikely to Push for Russia to Be Removed from SWIFT - Diplomats
Despite Russia launching a full-scale invasion of Ukraine, the war’s outbreak has not yet convinced the European Union to push for the aggressor to be kicked out of the Society for Worldwide Interbank Financial Telecommunication (SWIFT) global payments network -- a move that would drastically undermine Russian trade with foreign partners.
24.02 / 16:04
Climate change
Russia's Ukraine invasion 'cold-blooded' and 'long-planned': NATO chief
Russia’s invasion of Ukraine was “deliberate, cold-blooded and long-planned”, NATO’s secretary-general said on Thursday, accusing Russian President Vladimir Putin of “using force to re-write history.”
24.02 / 15:47
Citi
Action
Fighting
China refuses to call Russian attack on Ukraine an ‘invasion,’ deflects blame to U.S.
BEIJING — China's Foreign Ministry spokesperson refused to categorize Russia's attack as an «invasion» during a press conference Thursday.
24.02 / 14:45
UPS
Action
Russia Attack on Ukraine Threatens European Gas Supplies
Natural-gas prices rose around the world as Russia’s new military push against Ukraine posed a threat to Europe’s already tenuous supply of the vital heating and power-generation fuel.
24.02 / 13:31
Adoption
Google
Bitcoin
Regional Interest in Bitcoin Sees an Uptick as Russia Invades Ukraine
As Russia launched its military attack on Ukraine amid an international outcry, a number of fiat currencies from Central and Eastern Europe tumbled, while users’ interest in bitcoin (BTC) somewhat increased across the broader region.
24.02 / 10:23
business
United Nations
'It's too late': Russian move roils UN meeting on Ukraine
An emergency UN Security Council meeting that was meant as an effort to de-escalate the situation became moot as it was delivered.
23.02 / 19:37
UPS
Citi
London playground for Russian oligarchs threatened by sanctions
The UK is threatening to ratchet up pressure on the Kremlin thousands of miles away in the rich enclaves of London.
23.02 / 11:37
Germany Puts Nord Stream 2 Pipeline On Hold Amid Ukraine Crisis, Raising Supply Worry
Russia’s troop deployment to two breakaway regions of Ukraine threatens to extend Europe’s energy crisis, after Germany put a major natural-gas pipeline on hold and traders grew concerned Moscow would withhold gas in retaliation.
23.02 / 08:41
European Union
Live: Invading Ukraine was Putin's 'plan all along', Washington says
An invasion of Ukraine was Russian President Vladimir Putin's plan "all along", the US's top diplomat said, calling off a scheduled meeting with his Russian counterpart.
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