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Ruble Hits 7-Year High, Bukele, O’Leary Unfazed by Crypto Downturn, Elon Musk Will Keep Buying DOGE — Bitcoin.com News Week in Review

  • Ralph Smith
  • 26/06/2022
  • 2 minute read
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  1. Russian Ruble Reaches Seven-Year High Against US Dollar – Economist Says Don’t Ignore Exchange Rates
  2. {19 Recent news reports detailing the Russian fiat ruble as the world’s strongest performing currency and article explained that U.S. economists are puzzled by this trend. On Monday, the Russian ruble rose to 55.47 to the dollar, its highest appreciation since 2015. While many dismiss the ruble’s exchange rate, Charles Litchfield, deputy director of the Atlantic Council’s Center for Geoeconomics, published the following editorial.” Don’t Ignore the Exchange Rate. How a Strong Ruble Can Shield Russia” Read more
  3. From President Salvador to Bitcoin Investors. Your{30 BTC Investment is Safe and Will Grow Big After Bear Market
  4. Tesla CEO Elon Musk confirms he will continue to buy and support Dogecoin
  5. Kevin O’Leary Says He Won’t Sell Any Crypto Despite Downturn – ‘You Just Have to Stomach It’

As sanctioned Russian fiat currency soars in value against the US dollar and the crypto market remains unpredictable, economists and crypto enthusiasts continue to puzzle and debate what the next market move will be The market is still unpredictable. Despite this, several influential voices remain level-headed about the future of decentralized digital assets, with Salvadoran President Naib Boukere, Tesla and SpaceX CEO Elon Musk, and Shark Tank’s Kevin O’Leary recently somehow reaffirming their faith in it. This is the Bitcoin.com Newsweek in Review.

Russian Ruble Reaches Seven-Year High Against US Dollar – Economist Says Don’t Ignore Exchange Rates

{19

Recent news reports detailing the Russian fiat ruble as the world’s strongest performing currency and article explained that U.S. economists are puzzled by this trend. On Monday, the Russian ruble rose to 55.47 to the dollar, its highest appreciation since 2015. While many dismiss the ruble’s exchange rate, Charles Litchfield, deputy director of the Atlantic Council’s Center for Geoeconomics, published the following editorial.” Don’t Ignore the Exchange Rate. How a Strong Ruble Can Shield Russia”

Read more

From President Salvador to Bitcoin Investors. Your{30 BTC Investment is Safe and Will Grow Big After Bear Market

The President of El Salvador has some advice for bitcoin investors. He believes investing in the largest cryptocurrency is safe and will “grow immensely” after a bear market.

Read more

Tesla CEO Elon Musk Confirms He'll Keep Buying and Supporting Dogecoin

Tesla CEO Elon Musk confirms he will continue to buy and support Dogecoin

Tesla and SpaceX CEO Elon Musk has reaffirmed his commitment to dogecoin (DOGE), confirming that he will continue to buy and support the meme cryptocurrency. Amid the downturn in the crypto market, dogecoin’s price rose in response to his remarks.

Read More

Kevin O'Leary Says He Won't Sell Any Crypto Despite Downturn – 'You Just Have to Stomach It'

Kevin O’Leary Says He Won’t Sell Any Crypto Despite Downturn – ‘You Just Have to Stomach It’

.

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says he hasn’t sold any of his cryptocurrencies despite the crypto market downturn.” In the long run you just have to be patient with it. You have to understand that you get volatility,” he stressed.

Read more

Image credits: Shutterstock, Pixabay, Wiki Commons

Coins: Bitcoin
Country: El Salvador / Russia
People: Elon Musk
Ralph Smith

Cryptocurrency geek. Met with Bitcoin and altcoins back in 2011, when the price of BTC was about 10$. Writing articles since 2014 to these days.

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