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Putin believes that the dollar is a tool of American power and allows this country to dominate the world. He points to low inflation in America (3-3.5%) and says that despite this, America will not stop printing money. Putin points to the 33 trillion US dollar debt and considers it a sign of the country's weakness. He says that by 2022, 80% of Russian transactions will be done in dollars, but this figure has now decreased to 34%. Putin says that Russia is increasing the use of the Chinese yuan in its transactions, and currently 70% of the country's transactions are done in yuan and rubles. He says all countries tend to use the yuan as a trade currency. Putin points to Russia's neighborhood with China and the long history of relations between the two countries, and says that this can help expand the use of the yuan in trade. between two countries. In general, Putin has a negative view of the dollar in this interview and believes that this currency is losing its power. He introduces the yuan as a possible alternative to the dollar. And the green light is to negotiate with America to stop the war with Ukraine.
According to information shared by blockchain data provider Santiment, the price of Bitcoin has surpassed the $44,500 level for the first time since the retreat that began after the ETF decision on January 12. This price increase is related to the increase in BTC. Wallets containing 1000 bitcoins or more.
Looking at the data, it can be seen that wallets holding more than 1,000 bitcoins each have held their peak bitcoin levels for over 14 months.
The accumulation trend among whales, or near-whale investor groups, indicates a steadily growing confidence in the long-term upside of Bitcoin's price, potentially contributing to the observed price rally.
🇺🇸 US Lawmakers Urge Treasury Secretary to ‘Fill Gaps’ in Crypto Regulations, Call for CFTC Oversight
Policymakers in the United States are growing weary over the lack of clarity from regulators on crypto assets. On Feb. 6, House Financial Services and Agriculture Committee leaders sent a letter to Treasury Secretary Janet Yellen regarding the lack of regulation in the spot market for digital assets that are not securities. The letter was sent from Patrick McHenry, Glenn Thompson, French Hill, and Dusty Johnson, all chairmen of various House committees.
BlackRock’s Bitcoin ETF Inflows Climb to Fifth-Highest Among All ETFs in 2024
Only 17 days after its launch, the BlackRock iShares Bitcoin Trust (IBIT) has become one of the top five exchange-traded funds (ETFs) of 2024 based on inflows, according to data from Bloomberg Intelligence. The only funds that have topped IBIT's $3.2 billion of year-to-date inflows are mammoth longstanding index ETFs from iShares and Vanguard that offer exposure to the S&P 500 or the total stock market.
📊 Chainalysis: Ransomware attacks resulted in over $1 billion of cryptocurrency payments in 2023 as criminals targeted high-profile institutions and infrastructure.
US Treasury Secretary calls for federal regulator to oversee stablecoins
In a hearing of the House Financial Services Committee, Janet Yellen said there should be a regulatory approach on stablecoins applicable to all U.S. states.
BlackRock's Bitcoin ETF reaches top 0.2% of all ETFs so far this year
The position of BlackRock’s Bitcoin ETF could have been higher had it not missed the first seven trading days on the NASDAQ while it awaited approval from the SEC.
Singapore's DBS slashed CEO Piyush Gupta’s compensation by S$4.1 million ($3 million) after the lender suffered a series of digital banking outages last year and was reprimanded by the central bank.
The pay cut, announced alongside DBS earnings, represents a 30% reduction in variable pay for Gupta, one of the highest paid executives in the country who earned S$15.4 million in total in 2022.
🔸 Binance will delist ANT, MULTI, VAI, and XMR on February 20th, 2024. The trading pairs that will be removed include: ◾️ANT/BTC ◾️ANT/USDT ◾️MULTI/USDT ◾️USDT/VAI ◾️XMR/ BNB ◾️XMR/BTC ◾️XMR/ETH ◾️XMR/USDT
Bitcoin options show long-term bullishness and near-term pessimism
Bitcoin options data, particularly open interest and strike prices, is crucial for understanding the market’s expectations for future price movements. Options are financial derivatives that give the buyer the right, but not the obligation, to buy (call option) or sell (put option) an underlying asset at a predetermined price. #sanor016CommUNITY #sanor016CommUNITY #sanor016CommUNITY #sanor016CommUNITY #sanor016CommUNITY
Spot Bitcoin Exchange-Traded Funds (ETFs) were approved in the United States by the Securities and Exchange Commission (SEC) in early January. A report from Financial Times claims that Bitcoin ETF ads have been made live on search engine Google. Google’s updated advertising guidelines now permit the display of ads promoting ‘cryptocurrency coin trusts’ alongside search results for queries related to ‘bitcoin ETF.’ #sanor016CommUNITY #sanor016CommUNITY #sanor016CommUNITY #sanor016CommUNITY #sanor016CommUNITY