A crypto investor announced the creation of a city for bitcoin supporters in the Pacific Ocean, and the bitcoin network hashrate has hit an all-time high – these and other important cryptocurrency market news in our daily review. Texas residents Brent Whitehead and Matt Lochstroh have created a company that mines bitcoins from oil fields. […]

Non-residents and subsidiaries of foreign organizations for the incomplete two weeks of January 2022 (from January 13 to 25, while negotiations on security were underway) bought currency on the market for 164.3 billion rubles, according to data presented in the review of financial market risks prepared by the Central Bank of Russia. This is comparable […]

Shares of podcast platform Audioboom rose more than 20% on news of interest in it from Spotify and Amazon. Experts believe that such a service would be a “good addition” for each of the companies, writes Bloomberg. Audioboom Group’s share price on the London Stock Exchange on Monday morning is £21.75 ($29.4) – up 23% […]

The Federal Reserve System (FRS) of the United States on Monday, February 14, will hold an unscheduled closed meeting of the Board of Governors in an accelerated order. This is reported by the press service of the regulator. At the meeting, which begins at 19:30 Moscow time, will consider the advance rate and discount rate. […]

Russian Defense Minister Sergey Shoigu has reported to President Vladimir Putin that the Russian military is conducting exercises in almost all military districts, and some of them are either being completed or will be completed soon. The West is concerned about Russia’s military activity, seeing it as a precursor to an invasion of Ukraine. Russia […]

Warren Buffett’s Berkshire Hathaway Corporation has disclosed that it will acquire a stake in Activision Blizzard for nearly $1 billion in the fourth quarter of 2021. This came weeks before this video game maker agreed to a $75 billion deal with Microsoft, The Financial Times writes. Berkshire Corporation disclosed the purchase of 14.7 million shares […]

Sberbank agreed with the government’s position on the need to regulate rather than ban cryptocurrencies in Russia. This was stated by the Deputy Chairman of the Board of Sberbank Anatoly Popov, writes RIA Novosti. According to him, effective rules for the market will allow citizens and organizations to legally acquire, declare and pay taxes on […]

The S&P 500 index closed slightly lower on Monday, largely recovering from a sharp sell-off as U.S. plans to move its embassy from Kiev to western Ukraine led to heightened geopolitical tensions. All three major Wall Street stock indexes fell sharply after United States Secretary of State Anthony Blinken announced the relocation of the diplomatic […]

Cryptocurrency should not be offered to unqualified investors, the integration of its purchase mechanism into the domestic financial system carries serious risks, said First Deputy Chairman of the Central Bank Vladimir Chistyukhin. Deputy head of the Ministry of Finance Alexei Moiseyev said that the Ministry also recognizes the risks associated with the circulation of cryptocurrency, […]

According to the American Semiconductor Industry Association (SIA), in 2021 alone, the global semiconductor industry sales reached a record $555.9 billion, but demand for semiconductors in the coming years is expected to “significantly increase”. At the same time, China remains the largest market for these products, which were sold there last year for $192.5 billion, […]

Consolidated revenue “Yandex” in 2021 under US GAAP increased by 54% to 356.2 billion rubles, writes “Prime” with reference to the message of the Internet company. “Total revenue in 2021 grew by 54% year-on-year to RUB 356.2 bln in 2020. This is higher than the analysts’ forecast of RUB 351 bln,” the report said. The […]

The Central Bank and 12 Russian banks have started testing a digital ruble platform, Vedomosti reports, citing the regulator’s press service. “Now three banks from the pilot group have already connected to the platform. Two of them have successfully conducted a full cycle of operations on transferring digital rubles between clients using banking mobile applications,” […]

The market is rallying and risk premiums are falling after Russia announced that at least some of its troops will return to bases after exercises on the border with Ukraine. The U.S. market should open sharply higher unless it is upset by the release of producer price inflation data for January. The mining industry continues […]