Bitcoin recovers lost ground for the year as cryptocurrency 'bull raises its head'

[What happened in the crypto market in the past week].

Russia considers accepting bitcoin payments for gas and crude oil as Western sanctions intensify!

Last Thursday, the chairman of the Russian State Duma's energy committee said that Russia is willing to be more flexible with payment options when it comes to friendly countries. Chairman Pavel Zavalny said buyers' national legal tender - as well as bitcoin - are being considered as an alternative way to pay for Russian energy exports.

Capital Management Giant BlackRock; Russia-Ukraine Conflict May Accelerate Digital Currency as International Settlement Instrument

Larry Fink, chairman and CEO of the world's largest asset manager BlackRock, said last Thursday that the Russia-Ukraine war could accelerate the development of digital currencies as a settlement tool for international transactions, as the conflict upends the globalization of the past 30 years. In a letter to BlackRock shareholders, Fink said the war will push countries to reassess currency dependencies and said BlackRock is looking into digital currencies and stablecoins due to increased client interest.

El Salvador Postpones $1 Billion Bitcoin Bond Issue Due to Poor Market Conditions