Russia is Considering Accepting Bitcoin as Payment for its Oil and Gas Exports by China and Turkey – Blockchain News, Opinion, TV and Jobs
On March
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Oil
Russia’s energy chief says it would accept Bitcoin for oil and gas
The Russian Federation's energy chief Pavel Zavalny has floated the possibility of accepting Bitcoin as payment for its oil and gas from “friendly countries” such as China and Turkey.He said those countries could begin paying for energy in Russian Rubles, Chinese Yuan, Turkish Lira — or even Bitcoin (BTC) —
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Cryptos Rise as Russia Mulls Bitcoin for Oil Payments; Dogecoin Rallies
Russia's announcement contributed to a spike in BTC above $44,000, although cryptos were already tracking upside moves in equities earlier in the New York trading day. Still, traditional safe-haven assets, such as gold and the U.S. dollar, also rose on Thursday, suggesting some caution among global investors. Original Source
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Russian Lawmaker Suggests Nation Could Accept Bitcoin for Oil Payments
Under pressure from a host of Western sanctions, Russia is mulling other currency options for oil sales. Original Source
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Tokens pose lesser risk than gold and oil for UK investors: Survey
A survey on investors across the United Kingdom has revealed a growing interest in the new asset classes that threaten to overshadow traditional finance — driven by factors such as ease of access and an adolescent crypto market. Among the 2000 UK residents that were surveyed by OnePoll via Tokenise, 81%
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Saudi Arabia Mulls Pricing of China Oil Sales in Yuan: WSJ
Chatter about the Saudis accepting yuan instead of dollars has been ongoing for several years, but recent events have brought new urgency to the matter. Source
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Bitcoin Higher as US Ban on Russian Oil Imports Roils Markets
Crypto traders are still evaluating the potential impact of soaring oil prices on bitcoin's price. Original Source
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Bitcoin stems losses after US bans Russian oil, gold heads to record highs
Bitcoin (BTC) erased then recovered its daily gains later on March 8 as United States President Joe Biden announced a complete ban on Russian oil imports.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC comes full circle, while gold steals the showData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it targeted
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Bitcoin Creeps Toward $40K as Surging Oil Prices Create Bear Market Worry
“Cryptocurrencies do not remain aloof from politics, and they are weakly confirming the role of an alternative to the banking system now,” shared Alex Kuptsikevich, financial analyst at FxPro, in an email to CryptoX. “With a sharp decline over the weekend, bitcoin wiped out the initial gains, gave away the
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Global Commodities Skyrocket, Ounce of Gold Nears $2K, Musk Says ‘There’s a Need to Increase Oil and Gas Output’ – Economics Bitcoin News
While the cryptocurrency prices dropped toward the end of the week, precious metals, energy stocks, and global commodities skyrocketed in value amid the ongoing war in Ukraine. The price of one ounce fine gold is nearing the $2K mark, benchmark coal prices have been surging, aluminum values broke records and
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