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Major Cryptocurrencies—Including Bitcoin, Ether—Rise Amid Fears Russia Will Use Them To Evade Sanctions

Major Cryptocurrencies—Including Bitcoin, Ether—Rise Amid Fears Russia Will Use Them To Evade Sanctions

Share to FacebookShare to TwitterShare to LinkedinTopline The value of top cryptocurrency tokens—including market leaders bitcoin and ether—soared on Tuesday, the sixth day of Russia’s invasion in Ukraine, reversing steep declines from the start of the war amid expectations Russia could use the assets to evade Western sanctions.  Bitcoin has rebounded after initially dropping when…

Russia May Use Cryptocurrency To Try And Evade Sanctions—But Here’s Why It Will Be Hard

Russia May Use Cryptocurrency To Try And Evade Sanctions—But Here’s Why It Will Be Hard

Share to FacebookShare to TwitterShare to LinkedinTopline As governments around the world release an onslaught of measures to punish Russia for its invasion of Ukraine, a growing number of experts warn that Russia will almost certainly turn to cryptocurrency to help evade sanctions, though it could prove only minimally successful. Russian President Vladimir Putin in…

Russian Invasion Triggers ‘Scary’ Stock Market Correction—Here’s How Major Geopolitical Shocks Have Rattled Markets Before

Russian Invasion Triggers ‘Scary’ Stock Market Correction—Here’s How Major Geopolitical Shocks Have Rattled Markets Before

Share to FacebookShare to TwitterShare to LinkedinTopline As the growing conflict between Russia and Ukraine hoists the S&P 500 into a correction and the tech-heavy Nasdaq index into bear-market territory, analysts are warning clients a brutal stock market selloff could intensify if the conflict escalates, but many are convinced the market pressure will be short-lived,…

MacKenzie Scott Pledges $50 Million To 4-H Youth Programs

MacKenzie Scott Pledges $50 Million To 4-H Youth Programs

Share to FacebookShare to TwitterShare to LinkedinTopline Billionaire philanthropist MacKenzie Scott—whose ex-husband Jeff Bezos founded Amazon—has pledged to donate a record $50 million to the National 4-H Council, an agriculturally focused youth organization that serves six million children nationwide. MacKenzie Scott has pledged $50 million to the National 4-H Council, the organization announced … [+]…

Ruble Plunges To 80 Against The Dollar As Putin Recognizes Breakaway Republics

Ruble Plunges To 80 Against The Dollar As Putin Recognizes Breakaway Republics

Share to FacebookShare to TwitterShare to LinkedinTopline Russia’s stocks and currency were the worst performers on global markets Monday, as President Vladimir Putin signed a decree recognizing two partially separatist-controlled regions in Ukraine as independent states, a move that provoked renewed threats of severe economic sanctions against Russia should it invade Ukraine. Russian President Vladimir…