Vladimir Putin News

Bitcoin and other cryptocurrencies tumbled on 22 February as investors fled risk-sensitive assets after Russian President Vladimir Putin ordered troops into Ukraine.

Bitcoin dropped to a more than two-week low as fears of a possible Russian invasion of Ukraine prompted some analysts to predict the largest cryptocurrency could slide toward the key $30,000 level. Bitcoin dropped for a sixth straight day, touching a low of $36,372 on Tuesday after Russian President Vladimir Putin said he’s recognizing two self-proclaimed separatist republics in eastern Ukraine and ordering troops there. Other cryptocurrencies also declined, with Ether off as much as 2.9% and XRP down as much as 6.7%. Bitcoin dipped below $40,000 level over the weekend and kept weakening as the Ukraine crisis deepened, undermining the argument that cryptocurrencies are a haven in times of geopolitical turmoil. At the same time, gold has reached its highest level since June.

Dogecoin and Shiba Inu dropped 10 per cent each. Bitcoin and Ethereum fell 5 per cent each. The global crypto market cap tumbled as much as 6 per cent to $1.67 trillion mark. On the contrary, the total crypto market volume jumped rallied more than 43 per cent to $101.33 billion.What's Cooking in India?The prime architect of India’s biometrics-based unique identity programme, Nandan Nilekani, feels that the proposed digital rupee should remain 'anonymous'. In a conversation with ET, the Infosys co-founder said concerns about surveillance will arise if all payment transactions are recorded and are visible. He adds that stablecoins can easily become un-stablecoins if there is a run on that currency.

In this article

Escalating tensions over Ukraine continued to rattle markets Monday night.

Bitcoin (BTC) fell to fresh lows on Feb. 22 as the aftermath of Russia's expected incursion into Ukraine triggered more market woes.

Global stock indexes and U.S. futures fell, while crude-oil futures climbed after Russian President Vladimir Putin ordered troops into two breakaway areas of Ukraine that he had earlier recognised as independent.

The world's attention is on eastern Ukraine, where Moscow's forces circle. Yet Russian President Vladimir Putin's ambitions extend far beyond. He wants to renegotiate the end of the Cold War.

Cryptocurrencies traded in the red early on February 22 amid the impact of the Russia-Ukraine crisis. Russia's continued aggression towards Ukraine has prompted the United States and Europe to vow sanctions, further casting shadow over global markets.

Stock futures fell sharply on Monday night, as traders continue to monitor brewing tensions between Russia and Ukraine.

Russian President Vladimir Putin ordered forces to “maintain peace” in separatist regions of eastern Ukraine, hours after the Kremlin recognized the area’s independence.

The European Union’s top officials said the bloc will impose more sanctions against those involved in Russia’s recognition of two separatist regions of eastern Ukraine amid fears of a potential Russian invasion of the country.

Russian President Vladimir Putin is set to recognise the independence of two rebel-controlled regions in eastern Ukraine, the Kremlin said, breaching the 2015 protocol that ended the conflict in Donbas and further inflaming the tensions between the two countries.

It’s natural to be excited when a country announces it is working on a crypto-regulation law or even a draft law. However, crypto-lovers and investors need to pause and take a closer look before concluding that the development is a bullish sign for the industry.

Mumbai: Cryptocurrencies crashed as the threat of Russia invading Ukraine escalated amid border skirmishes, resulting in the crypto investor community offloading their risky digital assets to protect portfolios against further price drops. On Friday, US President Joe Biden said that Russian President Vladimir Putin had decided to invade Ukraine, and that a military strike could happen in days. On Saturday and Sunday, there were reports of shelling and multiple explosions in Donetsk, eastern Ukraine, further driving fear into the crypto markets.

As the US warned of an imminent Russian invasion of neighbouring Ukraine, President Biden agreed in principle to meet his Russian counterpart, Vladimir Putin, provided that Russia pulls back from a potential attack of its smaller neighbour.

The Bank of Russia has proposed banning cryptocurrency trading and mining due to the threat digital currencies pose to financial stability. The finance ministry disagrees and President Vladimir Putin has called on authorities to find a consensus. Finance Minister Anton Siluanov told state TV channel Rossiya-24 on Friday that he hoped disagreements could be ironed out and a bill regulating cryptocurrencies passed by the end of the year. He said the government would take the final decision.

Britain's Queen Elizabeth has tested positive for COVID-19, Buckingham Palace has announced.

Belarus has announced that its joint military exercises with Russia, which were due to end on Sunday, will now continue because of the aggravated tensions in neighbouring Ukraine.

French President Emmanuel Macron is due to speak with his Russian counterpart Vladimir Putin on Sunday morning, in what is seen as a last-minute diplomatic effort to try to avoid a Russian invasion of Ukraine.

One of the passengers reported missing on the Italian ferry on fire off the Greek island of Corfu has been found alive and rescued, the coast guard said on Sunday.