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Venezuela Might Be Affected by Russian Banks’ SWIFT Suspension

Analysts from Venezuela have expressed their worries about the expulsion of a number of Russian banks from SWIFT, an international messaging system that allows the interconnection of banks. These measures…

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Data Shows Ruble-Denominated Crypto Trading Has Spiked, RUB Represents Over 2% of USDT Trades

According to reports and data stemming from ruble-denominated crypto trading pairs, Russian citizens are flocking toward cryptocurrencies amid the conflict in Ukraine. Analytical data indicates that the ruble is the…

Continue ReadingData Shows Ruble-Denominated Crypto Trading Has Spiked, RUB Represents Over 2% of USDT Trades

Russian Bank Run Begins as Ruble Plunges to Record Low Amid Escalating Sanctions

A bank run has started in Russia as citizens rush to withdraw cash amid escalating sanctions. The Russian ruble also nosedived to a record low, plunging more than 30%. “There…

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Data Shows Ruble-Denominated BTC Volume Rising, BTC-RUB Prices Jump as High as $46K

Amid the conflict in Ukraine with Russia, bitcoin trade volumes tied to Russian ruble pairs have surged in recent days. Metrics recorded by the crypto analytics provider Kaiko indicate that…

Continue ReadingData Shows Ruble-Denominated BTC Volume Rising, BTC-RUB Prices Jump as High as $46K

Bitcoin, Tether, Ethereum Trade for Premiums in Ukraine, Hryvnia BTC Price $3K Higher Than Global Average

After Ukraine’s central bank imposed a limit on cash withdrawals, Kuna, a cryptocurrency exchange that provides trades in ruble and hryvnia saw a notable surge in volume. Moreover, to this…

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