Elite Investment Company Blog

After a weekend of choppy trade, the popular crypto began a sizable move higher as the U.S. returned to work on Monday morning.

Nonresident holders of Russian equities won't be able to cash out, at least for now.

The increase comes as the West's sanctions on Russia trigger a flight from the ruble.

The "S-word" combines the words stagnation and inflation, and describes an economy with high inflation and low economic growth.

LUNA's fortunes are closely tied to UST. The stablecoin's creation is facilitated by burning LUNA.

The fresh funding will go toward a new reserve to help strengthen the peg for the UST stablecoin.

Taiwan and Singapore are wary of ceding control of their currencies; bitcoin, ether and most other major cryptocurrencies fell as Russian President Vladimir Putin made a defiant case for invading Ukraine.

The cryptocurrency last traded at $37,000 two weeks ago, on Feb. 4.

BTC is down 5% over the past week as investors reduce their exposure to risk.

Momentum signals remain negative, indicating consistent selling pressure over the past month.

Bitcoin's notorious volatility has upended what had been shaping up as a strong month for returns.

Bitcoin is acting more like high growth tech assets, one observer said.