
Tags: russia
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What’s next for BTC after this week’s ATH and subsequent correction?
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BTC failed at $120,000 earlier today.
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BTC is down by over three grand since today’s ATH.
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The country is pushing for more legal frameworks to reduce illegal siphoning of energy.
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FTX seeks court approval to block creditor payouts in 49 countries, citing legal risks, with China accounting for over 80% of affected claims.
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Russia’s central bank now allows crypto-linked investments, but only for qualified investors, and with strict risk controls in place.
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Institutional crypto investment firm VanEck has stated that China and Russia are reportedly settling some energy transactions in Bitcoin.
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According to the proposal, only investors who have at least $1.1 million can participate in the experimental regime.
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Russian oil traders are processing millions in crypto monthly, using them to bypass sanctions and streamline cross-border transactions.
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