Price analysis 6/6: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

De-Dollarization Drive: Russia Could Turn To Crypto For A Way Out Only Under These Conditions

Russia plans to stop all unregulated crypto activities within the country. But the CBR will accept compliant cryptocurrency investment in stablecoins that can be backed by gold reserves to compete against the US Dollar. Over $5 billion is still spent annually by Russian citizens on cryptocurrency investments, despite government warnings.  Russia has disclosed its plans […]

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Egg On Face: St. Louis Fed Uses Bitcoin As Unit Of Account

The St. Louis Federal Reserve has posted a new blog where it compares the price of eggs in USD versus Bitcoin. Although the blog is designed to crack a joke about the cryptocurrency, the Fed ultimately has ended up with egg on its face. Here’s why. FRED Blog Cracks Joke On Bitcoin Using Egg Price Inflation […]