Ukraine Financial News

Bitcoin will encounter its next resistance in the $50,000 to $51,000 area, an analyst said.

Cryptocurrencies traded in the red early on March 14. The global crypto market cap is $1.70 trillion, a 2.84 percent decrease over the last day. The total crypto market volume over the last 24 hours is $62.28 billion, a 16.08 percent increase.

Bitcoin buffs who were questioned by skeptics about the value of the cryptocurrency would respond by saying: Just wait. Wait until inflation hits, and people look to park their savings in a stable digital asset that won't lose its value. Wait until war breaks out, and authoritarians start seizing assets and imposing capital controls on their citizens. Wait until big banks and tech companies start censoring dissidents for their political views. Then you'll see why we need a stateless, decentralized, anonymous digital currency. More than most cryptocurrencies, Bitcoin was seen by many of its libertarian-leaning fans as a kind of doomsday insurance, a form of «digital gold, that would be a source of stability as the world grew more chaotic and unpredictable.

Stock futures rose in overnight trading Sunday ahead of an important week as the Russia-Ukraine war continues to escalate and the Federal Reserve could hike rates for the first time since 2018.

Thousands of refugees arrive in Poland daily, travelling around without masks as they flee the war in Ukraine. Since the Russian invasion began, refugees have been allowed to enter Poland without coronavirus vaccine certificates or proof of negative COVID-19 tests.

The world is becoming increasingly volatile and uncertain. The assertion that “inflation is the silent thief” is becoming less relevant. In 2021, inflation has turned into a rather loud and brazen robber. Now, inflation is at its highest in the last forty years, already exceeding 5% in Europe and reaching 7.5% in the United States. The conflict between Russia and Ukraine affects futures for gold, wheat, oil, palladium and other commodities. High inflation in the U.S. and Europe has already become a real threat to the capital of tens of thousands of private investors around the world.

Bitcoin (BTC) upped the volatility into the weekly close on March 13 as markets braced for geopolitical and macro economic cues.

A passenger was killed after a bus transporting some 50 refugees from Ukraine overturned on a major highway in the north of Italy on Sunday morning.

Disclaimer: The text below is a press release that was not written by Cryptonews.com. 

Dozens of protesters flocked to Times Square on Saturday, condemning Russia's assault on Ukraine.

Russian forces fired eight rockets at the Yavoriv military range 30 kilometres northwest of Lviv in western Ukraine, expanding its offensive closer to the border with Poland.

Federal Reserve and then Russia’s invasion of Ukraine, Bitcoin remained stubbornly in a range. Only the briefest dip below $33,000; never above $46,000. As the sideways trading dragged on, Vladimir Putin’s war in Ukraine — and the sweeping financial sanctions heaped upon Russia in retaliation — added fuel to a long-running debate about crypto: Is it the ultimate haven from increasing governmental overreach? Just another risk-on asset class? Or a convenient tool for sanctions evasion crying out for stricter policing? For technical analysts, the discussion is of a more prosaic nature; namely, identifying the numerical levels and trading patterns that might signify a sustained trend break — something that could nudge Bitcoin out of its range and usher in either a strong recovery or another bear market.

The euphoria of Biden's signature over the executive order fizzled after inflation in the world's largest economy shot up to new four decade highs. Barring the dollar-pegged Tether and Avalanche, all of the top digital tokens were trading lower on Friday. Bitcoin and BNB fell 6 per cent each, followed by a 5 per cent fall in Ethereum, Shiba Inu and Cardano each.

Over the past two months, as global asset markets were whipsawed by an increasingly hawkish Federal Reserve and then Russia’s invasion of Ukraine, Bitcoin remained stubbornly in a range.

Thousands of people demonstrated in Tirana on Saturday against rising fuel prices, which have gone up more than 40% domestically in one week.

Saudi Arabia on Saturday executed 81 people convicted of crimes ranging from killings to belonging to militant and terrorist groups -- the largest known mass execution carried out in the kingdom in its modern history.

Turkey and Armenia have agreed to press ahead with efforts to establish diplomatic relations "without conditions" that could lead to reopening their borders for trade, their foreign ministers said on Saturday.

A group of volunteers in Warsaw has transformed a sports centre into an emergency shelter to support the growing number of people crossing the border.

It has been two weeks since Russia kicked off the first large-scale military action in Europe in the 21st century — a so-called “special operation” in Ukraine. The military conflict immediately triggered devastating sanctions against the Russian economy from the United States, the European Union and their allies and has put the crypto industry in a position that is both highly vulnerable and demanding.

Allen & Overy and Clifford Chance will close their Moscow offices because of Russia's invasion of Ukraine, joining a flood of western law firms leaving the country.

Bitcoin has largely remained unaffected by US Federal Reserve's hawkish stand and Ukraine crisis