Fun

Russia Shuts Off EU Gas, Vitalik Discusses Bitcoin Security, and More — Bitcoin.com News Week in Review

News Feed - 2022-09-11 08:09:38

Russia Shuts Off EU Gas, Vitalik Discusses Bitcoin Security, and More — Bitcoin.com News Week in Review


Macro markets and geopolitics dominated the news this week, with Russia cutting off Europe’s gas supply, hedge funds betting against Italian debt, and the International Monetary Fund’s bailout for Zambia helping the kwacha overtake the ruble as the world’s best-performing currency. Also in this week’s news, Ethereum co-founder Vitalik Buterin discusses the crypto economy crash and Bitcoin’s long-term security.


Russia Shuts Off Europe’s Main Gas Pipeline Until the West’s Sanctions Are Lifted, Iran Tempts EU With Similar Deal


Russia has seemingly drawn a line in the sand and will not turn on Europe’s main gas pipeline until the “collective West” lifts the financial sanctions against the country. The move follows the Nord Stream 1 pipeline allegedly shutting down for “maintenance,” but reports from Interfax that followed five days later indicate Moscow will not be turning the gas back on until demands are met.


Read More


IMF Bailout Approval Helps Zambian Kwacha Take the Russian Ruble’s Position as World’s Best Performing Currency


After the International Money Fund revealed it had approved a bailout package for Zambia, the Southern African country’s currency, the kwacha, rallied by 3.1%. Following this gain, the kwacha took the Russian ruble’s position as the world’s best-performing currency in 2022.


Read More




Ethereum Co-Founder Vitalik Buterin Discusses Bitcoin’s Long-Term Security


On September 1, Vitalik Buterin conducted an interview with the economics author Noah Smith and the co-founder of Ethereum spoke an awful lot about Bitcoin and the network’s long-term security. Buterin also discussed the crypto economy’s crash and said he was “surprised that the crash did not happen earlier.”


Read More


Rome’s Financial Volatility to Shock the Eurozone — Hedge Funds Bet $39 Billion Against Italian Debt


Hedge funds are betting against Rome’s liabilities as S&P Market Intelligence data indicates investors have amassed a $37 billion short bet against Italian debt. The hedge funds are betting large against Italian bonds and investors haven’t bet this high against Rome since 2008, as Italy faces political uncertainty, an energy crisis, and an inflation rate of 8.4% in July.


Read More Tags in this story bitcoin security, crypto crash, debt, EU, Gas, IMF, inflation, Italy, kwacha, Rome, Russia, Sanctions, Vitalik, Zambia


What are your thoughts on this week’s top stories from Bitcoin.com News? Be sure to let us know in the comments section below. Bitcoin.com


Since 2015, Bitcoin.com has been a global leader in introducing newcomers to crypto. Featuring accessible educational materials, timely and objective news, and intuitive self-custodial products, we make it easy for anyone to buy, spend, trade, invest, earn, and stay up-to-date on cryptocurrency and the future of finance. "No Middle Class Left," "Millions Will Be Wiped Out" — Two Market Crash Predictions, Gas Cartels, and Whales Moving Mt Gox Coins: Bitcoin.com News Week in Review THE WEEKLY | Sep 4, 2022 Silver Supply Crunch Predictions, FDIC Issues Cease and Desist Order to FTX US, and More — Bitcoin.com News Week in Review THE WEEKLY | Aug 28, 2022


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleNigerian Blockchain Startup Bitmama Closes $2 Million Pre-Seed Round Next articleBitcoin Mining Expansion Heats Up: Crypto Miner Secures Underground Bunker, Cleanspark Snags Turnkey Mining Site Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItCentral Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year


The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.Following a Brief Fee Spike, Gas Prices to Move Ethereum Drop 76% in 12 Days Goldman Predicts US Recession Odds at 35% in 2 Years, John Mauldin Wouldn"t Be Surprised if Stocks Fell 40% Fed"s Bullard Wants to Raise Bank Rate to 3.5% by Year"s End, Hints at 75 Basis Point Rate Hike Digital Ruble ‘Much Needed,’ Russia’s Central Bank Says, Won’t Delay Testing

News Feed

Investor Richard Mills Says Economy Is Rushing Into a ‘US Dollar Crisis of Epic Proportions’
Investor Richard Mills Says Economy Is Rushing Into a "US Dollar Crisis of Epic Proportions" While the U.S. dollar has been extremely robust in recent times, compared to a myriad o
BlackRock’s iShares ETFs record $788M net inflow as Bitcoin bull run gathers pace
Arijit Sarkar25 minutes agoBlackRock’s iShares ETFs record $788M net inflow as Bitcoin bull run gathers paceOut of 10 approved ETFs, Grayscale Bitcoin Trust (GBTC) and Invesco Galaxy Bitcoin ETF (BTCO) were the only tw
Rakesh Upadhyay4 hours agoPrice analysis 7/19: BTC, ETH, XRP, BNB, ADA, SOL, DOGE, MATIC, LTC, DOTBitcoin’s failure to rebound off strong support levels increases the risk of a deeper correction that could also negativ
Savannah Fortis3 hours agoUniversal Music Group enters partnership to protect artists’ rights against AI violationsThe new partnership between Universal Music Group and BandLab Technologies focuses on ethical AI usage
Tough Crypto Law Expected in Russia Despite Central Bank’s Softer Stance on Crypto Payments
Tough Crypto Law Expected in Russia Despite Central Bank’s Softer Stance on Crypto Payments The bill “On Digital Currency,” meant to comprehensively regulate crypto
Cboe’s New Cash-Settled Bitcoin ETF Options: Could This Spark A Move Beyond $100,000?
Este artículo también está disponible en español. Cboe, the derivatives exchange for digital assets and securities trading, is set to make a big addition to the crypto la
Amaka Nwaokocha14 hours agoUN launches international effort to tackle AI governance challengesThe list of participants includes tech industry leaders, government representatives from Spain to Saudi Arabia, and scholars f
Why Real-World Utility Tokens Are Taking the Meme Coin Community According to Chronoly
Why Real-World Utility Tokens Are Taking the Meme Coin Community According to Chronoly press release PRESS RELEASE.The recent cryptocurrency market crash has shaken the trust of inv
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $25,000 Following Recent Surge
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $25,000 Following Recent Surge Bitcoin fell below the $25,000 mark on Friday, as markets moved into consolidation, following r
US Senator Cruz Introduces Bill to Prevent Federal Reserve From Using Digital Currency as Surveillance Tool
US Senator Cruz Introduces Bill to Prevent Federal Reserve From Using Digital Currency as Surveillance Tool U.S. Senator Ted Cruz has introduced legislation to prohibit the Federal
Singapore amends Payment Services Act to cover token custody and transfers
Ezra Reguerra1 hour agoSingapore amends Payment Services Act to cover token custody and transfersThe amendments will be implemented in several stages starting on April 4, and transitional arrangements will be provided fo
Samsung SDS Beefs Up Privacy on Its Business-Grade Blockchain
Samsung SDS, the enterprise technology arm of the South Korean behemoth, is enhancing privacy on its Nexledger blockchain with zero-knowledge proofs (ZKPs). The company said Thursda