
Bitcoin under mark
Elon Musk
Announces ambitious new cryptocurrency
Crypto may be dependent on tech, but it’s creating a seismic shift in society. And now that crypto isn’t exclusively in the hands (or, rather, digital wallets) of investors, what does that mean for the masses? Another sharp drop in Russian ruble can potentially push bitcoin’s price higher like it did on Monday, one analyst writes. RNDR was launched in a public sale in 2017, but it just recently got its listing on the Coinbase exchange. While highly speculative, RNDR could benefit from the increased exposure it’s getting on Coinbase as well as the extraordinary rise of non-fungible tokens for digital art.

Bitcoin vs. Ethereum
Bitcoin could face speculative says either
The world’s second-largest cryptocurrency has been lagging behind bitcoin in the 2023 recovery stakes, but a 3.5% surge yesterday and further gains this morning saw the ETH/USDT pair test US$1,700. BlackRock inks crypto deal with Coinbase The Russian central bank stated that speculative demand primarily determined cryptocurrencies’ rapid growth and that they carried characteristics of a financial pyramid, warning of potential bubbles in the market, threatening financial stability and citizens. The bank has proposed to prevent financial institutions from carrying out any operations with cryptocurrencies and said mechanisms should be developed to block transactions aimed at buying or selling cryptocurrencies for fiat currencies. The proposed ban would include crypto exchanges.