Tag: Ukraine

This Week in Crypto: Fed Cuts Rates, Ethereum Under Pressure, Solana Expands Globally

By Emir Abyazov Bitcoin Forecasts and macroeconomic drivers BitMEX co-founder and Maelstrom investment director Arthur Hayes dismissed Bitcoin’s four-year cycle theory, predicting it will rise to $200,000 thanks to macro liquidity. Meanwhile, crypto skeptic Peter Schiff warned of the asset’s loss of momentum and gold’s relative advantage. BitMine CEO Tom Lee, by contrast, believes that […]

UK Cracks Down: $9.3B Ruble-Backed Crypto Network Linked to Russia Sanctioned

By Samuel Edyme The United Kingdom has introduced new sanctions targeting Kyrgyzstan’s financial sector and cryptocurrency operations allegedly tied to Russia’s efforts to bypass Western restrictions. The measures include actions against banks, exchanges, and individuals accused of facilitating a ruble-backed stablecoin network that processed billions of dollars in transactions. According to a statement from the […]