Will Bitcoin Break the $92,000 Barrier?

Bitcoin traders are on high alert as the cryptocurrency’s price hovers near a crucial threshold of $92,000. Concerns have emerged after prominent market commentator Justin Bennett cautioned that a monthly closing value below this mark could signal a correction. He highlights the correlation between Bitcoin’s price movements and macroeconomic factors, particularly the S&P 500 index,…

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Russia Uses Crypto to Evade Sanctions in Oil Trade – Here’s How

​Russia is increasingly turning to cryptocurrencies to facilitate oil trade with China and India, effectively circumventing Western sanctions. This strategic pivot not only highlights the adaptability of global trade mechanisms but also underscores the evolving role of digital currencies in international commerce.​ Russia’s Shift to Cryptocurrency in Oil Transactions Historically, Russia’s oil trade has been…

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COINTURK NEWS – Bitcoin, Blockchain and Cryptocurrency News and Analysis

Movements below the critical $92,000 threshold in the Bitcoin $83,383 market are causing concern among traders. Notable analyst Justin Bennett warns that a monthly close under this level could signify significant correction risks. According to Bennett, Bitcoin’s price trends align with macroeconomic developments and the S&P 500 index, indicating that structural weaknesses necessitate cautious behavior…

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Russia Uses Crypto to Dodge Sanctions in $192B Oil Trade

Russia is using Bitcoin, Ethereum, and Tether for oil trade with China and India to bypass U.S. and EU sanctions.   Cryptocurrencies facilitate faster transactions and reduce reliance on traditional banking systems.   The U.S. is considering additional sanctions, but Russia’s crypto-driven trade continues to grow.  Russia is using crypto to bypass Western sanctions, Reuters has reported….

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Good News from Telegram to Its Users! 50 More Altcoins Will Be Added Including XRP and Ethereum!

Telegram’s own custodial wallet, Wallet, built on the TON blockchain, expands access to cryptocurrencies for its over 100 million users. The Open Platform (TOP) has announced plans to expand the crypto custody services of its Telegram wallet Wallet to include over 50 new altcoins. Accordingly, the Wallet will support the trading of more than 50…

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21Shares will liquidate two of its Bitcoin and Ethereum futures contracts ETFs

21Shares just announced it will be liquidating two of its exchange-traded funds after a routine review. 21Shares has announced plans to liquidate two of its exchange-traded funds that invest Bitcoin (BTC) and Ethereum (ETH) futures. Specifically, it will liquidate the ARK 21Shares Active Bitcoin Ethereum Strategy ETF and the ARK 21Shares Active On-Chain Bitcoin Strategy…

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Bitcoin Struggles to Break Out Amid Market Uncertainty

Bitcoin’s price has been stuck in a narrow range since March 9, unable to break past the $84,000 resistance level. Data from Cointelegraph Markets Pro and Bitstamp shows BTC trading between $78,599 and $84,000, reflecting broader market uncertainty. Factors Contributing to Bitcoin’s Stagnation Economic and Political Uncertainty Bitcoin’s lack of momentum is tied to macroeconomic…

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Qubetics Wallet Brings Apple Pay Integration as Celestia Fights Resistance & Theta Sees Bullish Hopes!

What makes a top rated crypto stand out in today’s crowded market? Some projects ride the hype train with flashy promises, while others deliver real innovation. Celestia (TIA) and Theta (THETA) have recently made headlines with significant price movements and technical developments, drawing the attention of early adopters. Celestia has shown a notable 18% price…

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Russian oil firms use Bitcoin, Ethereum, USDT for cross-border payments with China and India

Russia has started using crypto for oil trades with China and India as it seeks to bypass Western sanctions, Reuters reported on March 14, citing sources familiar with the matter. According to the report, some Russian oil companies have settled trades in Bitcoin, Ethereum, and stablecoins like Tether’s USDT. This strategy simplifies the conversion of…

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Bitcoin ETFs Experience $143 Million Outflow, Ether ETFs Mark Seven-Day Decline

Bitcoin ETFs saw a net outflow of $143 million on Thursday, March 13, resuming their downward trend, while ether ETFs continued their decline with a $74 million outflow, marking seven consecutive days of losses. More Outflows as Crypto ETFs Face Continued Withdrawals After a brief respite, bitcoin exchange-traded funds (ETFs) resumed their outflow trend, with…

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Bolivia Embraces Crypto for Fuel Imports Amid Dollar Shortage – A Game-Changer for Trade?

​Bolivia is dealing with a profound economic crisis characterized by a severe shortage of U.S. dollars and escalating fuel shortages. In a groundbreaking move, the Bolivian government has authorized its state-owned energy company, Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), to utilize cryptocurrency for fuel imports. This strategic decision aims to circumvent the dwindling foreign currency reserves…

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