{"id":22993,"date":"2022-07-16T05:07:06","date_gmt":"2022-07-16T05:07:06","guid":{"rendered":"http:\/\/egrowonline.com\/?p=22993"},"modified":"2022-07-16T05:07:06","modified_gmt":"2022-07-16T05:07:06","slug":"vladimir-putin-signs-law-banning-crypto-payments-celsius-to-get-439-million-bitcoin-up-1","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=22993","title":{"rendered":"Vladimir Putin Signs Law Banning Crypto Payments, Celsius To Get $439 Million, Bitcoin Up 1%"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"articleBody\">\n<p>Vladimir Putin, President, Russia, has signed a law which essentially bans digital security and utility token payments across the nation. This law was approved by the Russian Assembly (Duma) on July 8, 2022, and it adds to a previous Russian law formed in 2020 to ban cryptocurrencies being used to facilitate Russian payments, reported Coindesk.<\/p>\n<p>In other news, Celsius (CEL) is owed $439 million by a private lending platform called EquitiesFirst. According to sources privy to Financial Times, EquitiesFirst is currently repaying $5 million per month and the total debt consists of $361 million in cash and 3,765 Bitcoin (BTC).\u00a0 \u201cEquitiesFirst is in ongoing conversation with our client and both parties have agreed to extend our obligations,\u201d a spokesperson for Celsius told CoinDesk.<\/p>\n<blockquote class=\"twitter-tweet\" data-theme=\"dark\"><p>&#013;<\/p>\n<p dir=\"ltr\" lang=\"en\">FT Cryptofinance: Celsius\u2019s fall into bankruptcy and the future of crypto <a target=\"_blank\" href=\"https:\/\/t.co\/KHCGzllBAX\" rel=\"noopener\">https:\/\/t.co\/KHCGzllBAX<\/a><\/p>\n<p>&#013;<br \/>\n\u2014 Financial Times (@FT) <a target=\"_blank\" href=\"https:\/\/twitter.com\/FT\/status\/1547908015390461953?ref_src=twsrc%5Etfw\" rel=\"noopener\">July 15, 2022<\/a><\/p><\/blockquote>\n<p><a target=\"_blank\" href=\"https:\/\/www.outlookindia.com\/business\/celsius-balance-sheet-has-an-asset-liability-mismatch-of-nearly-1-2-billion-show-court-documents-news-209348\" rel=\"noopener\"><strong>Click here to read more<\/strong><\/a> about what events according to Celsius led to its downfall state currently.<\/p>\n<h2>&#013;<br \/>\n<strong>Cryptocurrency Prices<\/strong><\/h2>\n<p>The global crypto market capitalisation went up by 0.44 per cent to $929.36 billion as of 8.50 am. However, the global crypto volume was down by 14.74 per cent to $61.89 billion, according to Coinmarketcap data.<\/p>\n<p>Bitcoin (BTC), the world\u2019s oldest cryptocurrency, was trading at $20,705.95, higher by 0.92 per cent in the last 24 hours. Ethereum (ETH) was up by 1.92 per cent to $1,218.68.\u00a0<\/p>\n<p>Among other significant coins, Cardano (ADA) was down by 0.52 per cent at $0.4379, Algorand (ALGO) was trading with a gain of 0.77 per cent at $0.329, Binance Coin (BNB) was up by 0.1 per cent at $236.83, Solana (SOL) was trading with a loss of 0.14 per cent at $37.02, and Polkadot (DOT) was down by 0.02 per cent at $6.72, and\u00a0<br \/>&#013;<br \/>\n\u00a0<br \/>&#013;<br \/>\nToday\u2019s top gainer was TerraClassicUSD (USTC), which was up by 41.01 per cent at $0.05065. The top loser was Uniswap (UNI), which was down by 4.98 per cent at $6.73.\u00a0<\/p>\n<h2><strong>Meme Coin And DeFi Prices<\/strong><\/h2>\n<p>Dogecoin (DOGE) was up by 0.09 per cent at $0.06247. Its volume to market cap ratio stands at 0.04328. Rival Shiba Inu (SHIB) was up by 1.38 per cent at $0.00001073.<\/p>\n<p>Dogelon Mars (ELON) lost 0.3 per cent to trade at $0.0000003099, Floki Inu (FLOKI) lost 1.06 per cent at $0.000006189, and Samoyed Coin (SAMO) rose 0.11 per cent at $0.008914.\u00a0<\/p>\n<p>In the DeFi segment, YFI (yearn.finance) was up by 1.29 per cent at $6,124.34, and Terra Classic (LUNC) was trading with a gain of 14.05 per cent at $0.0001078. Avalanche (AVAX) was down by 3.53 per cent at $19.21, Uniswap (UNI) was trading with a loss of 4.98 per cent at $6.73, and Aave (AAVE) fell by 3.35 per cent at $88.62.<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.outlookindia.com\/business\/vladimir-putin-signs-law-banning-crypto-payments-celsius-to-get-439-million-bitcoin-up-1--news-209569\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vladimir Putin, President, Russia, has signed a law which essentially bans digital security and utility token payments across the nation. This law was approved by the Russian Assembly (Duma) on July 8, 2022, and it adds to a previous Russian law formed in 2020 to ban cryptocurrencies being used to facilitate Russian payments, reported Coindesk. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22994,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[46],"tags":[3706,50,4408,62,1020,545,120,4087,3471,9791],"class_list":["post-22993","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-banning","tag-bitcoin","tag-celsius","tag-crypto","tag-law","tag-million","tag-payments","tag-putin","tag-signs","tag-vladimir"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/07\/IMAGE_1657944082.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/22993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22993"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/22993\/revisions"}],"predecessor-version":[{"id":22995,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/22993\/revisions\/22995"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/22994"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22993"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}