Why Did Bitcoin Surge So Much Against the Ruble? - CoinDesk

Oligarchs dodging sanctions? Doubtful. Regular Russians trying to preserve their wealth? Maybe. There’s also a third, less exciting possibility.

First, we consider the number of bitcoin addresses that are holding $1. There was an uptick from 34,564,788 to 35,035,127 from Feb. 27 to March 1. Digging in further here, the number of Bitcoin addre… [+271 chars]

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