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MOSCOW: Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to counter Western sanctions, Finance Minister Anton Siluanov said on Wednesday. Sanctions have complicated Russia’s trade with its major partners such as China or Turkey, as local banks are extremely cautious with Russia-related transactions to avoid scrutiny from Western regulators. This year, Russia permitted the use of cryptocurrencies in foreign trade and has taken steps to make it legal to mine cryptocurrencies, including bitcoin. Russia is one of the global leaders in bitcoin mining. #BTCNextMove #MarketRebound
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Binance Labs Invests in Usual to Transform Stablecoins with Community-Centric Innovation $USUAL #USUALAnalysis
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#ChristmasMarketAnalysis As the countdown to Christmas begins, the crypto market is buzzing with anticipation to see if the festive spirit will ignite a record breaking rally this year Historically $BTC has delivered a “Santa Rally” during halving years, characterized by bullish price movements in the week leading up to Christmas
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$Usual is predicted to finish the year by changing hands in a trading channel between $ 1.093083 and $ 1.632453. This would entail that the price of USUAL increased by 18.19% in comparison to today’s prices (assuming December’s average price of $ 1.362141). In other words, investors would generate a potential profit of 41.64% if USUAL follows the prediction. #USUALAnalysis
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The bull was admitted to the hospital, has now recovered, and is re-entering the market. #MarketPullback
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