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Bitcoin again viewed as safe haven amid geopoliti- HEALTH

cal tension DOCTOR ON DUTY

Oranjestad
SILVER SPRING, Md. (AP) — such trading still only repre- Hospital 7:00 pm / 10:00pm
Bitcoin prices have surged sents a small fraction of the Tel. 527 4000
as investors again appear overall volume. Translation: San Nicolas
to view the volatile crypto- investors at large are view- Imsan 24 hours
currency as a safe haven ing bitcoin and other cryp- Tel.524 8833
for their money and Rus- tocurrencies as a good Women in Difficulties
sians and Ukrainians seek place to store assets again. PHARMACY ON DUTY
alternatives to their coun- Kyle Waters, a research
try's financial institutions. analyst at Coin Metrics, Oranjestad:
After initially falling to said crypto trading data Botica Eagle tel. 587 9011
San Nicolas:
around $34,000 follow- confirms that recent geo- San Nicolas tel. 584 5712
ing Russia's advance into political events have "more Women in Difficulties
Ukraine last week, bitcoin generally" increased de- OTHER
pushed about 10% higher mand for cryptocurrency, Dental Clinic 587 9850
on Monday and is now up which can be transferred An advertisement for Bitcoin cryptocurrency is displayed on a Blood Bank Aruba 587 0002
more than 25% in the past anywhere and without the street in Hong Kong, Thursday, Feb. 17, 2022. Urgent Care 586 0448
week, to $43,900 Wednes- need for a third party. Associated Press Walk-In Doctor’s Clinic
+297 588 0539
day afternoon. Other cryp- "This could go for anyone, Women in Difficulties
tocurrencies have also and certainly could include mous amount of energy. da in a markets summary EMERGENCY
soared. Russians are ex- everyday Russian and "Bitcoin has had a nice run report.q Police 100
changing their rapidly de- Ukrainian citizens trying to but exhaustion in this rally Oranjestad 527 3140
valued rubles for bitcoin escape a devaluing local will likely settle in as surging Noord 527 3200
to try and mitigate the currency," Waters said. energy costs will likely im- Sta. Cruz 527 2900
impact of the economic Some analysts and me- pact some mining abroad," San Nicolas 584 5000
sanctions imposed by the dia reports have specu- said Edward Moya of Oan- Police Tipline 11141
international communities lated that Russian oligarchs Ambulancia 911
for their country's attack could use cryptocurren- For Sale by Owner Fire Dept. 115
Red Cross
582 2219
on Ukraine. The Ukrainian cies to avoid sanctions. Eagle Aruba Resort & Casino
government has limited its On Wednesday, the Jus- Weeks 2,3,4 TAXI SERVICES
citizens' ability to conduct tice Department said it is three Bedroom Suite Taxi Tas 587 5900
electronic fund transac- creating a task force that unit #3508 Prof. Taxi 588 0035
tions, so Ukrainians are also would, among other things, $14,950.00 per wk Taxi D.T.S. 587 2300
turning to bitcoin and other try to thwart any efforts to contact Taxi Serv. Aruba 583 3232
cryptocurrencies. They're use cryptocurrency to get sales.aruba@hotmail.com A1 Taxi Serv. 280 2828
also buying stablecoins around sanctions. _________________________________215098 Women in Difficulties
whose values are pegged Some analysts suggest this For Sale by Owner TRAVEL INFO
to the U.S. dollar. bitcoin surge may already Caribbean Palm Village Resort Aruba Airport 524 2424
Prior to the Russian invasion, be nearing its ceiling as Wk 50-2Br/28th, $1,900 American Airlines 582 2700
bitcoin had been trading in prices for energy jump as Wks 51852-/2Br/28th, $2,900 Avianca 588 0059
a way similar to other riskier the Russia-Ukraine conflict Wks 51&52/1Br/2Bth, $1,900 Jet Blue 588 2244
assets such as technology rages. Oil soared to $111 Wk 52-1Br/2Bth, $2,500 Surinam 582 7896
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serve to soon begin raising a decade. Bitcoin mining, Wk 13-2 Br/2Bth, $1,300 FAVI- Visually Impaired
interest rates in response to where computers are used contact: Tel. 582 5051
high inflation. They moved to verify bitcoin transac- sales.aruba@hotmail.com Alcoholics Anonymous
money out of more specu- tions, consumes an enor- ________________________________215061 Tel. 736 2952
lative investments such as Narcotics Anonymous
bitcoin and bought stocks Tel. 583 8989
of banks other industries Fundacion Contra Violencia
that tend to perform well Relacional Tel. 583 5400
when rates are rising. Centre for Diabetes
That changed after the in- Tel. 524 8888
vasion when Western coun- Child Abuse Prevention
Tel. 582 4433
tries responded with a series
of steps that limit the ability Quota Club Tel. 525 2672
Women in Difficulties
of Russia's government and General Info
the country's oligarchs to
access the financial sys- Phone Directory Tel. 118
tems. Those moves have
spillover effects for Russia's
citizens, who have been lin-
ing up at banks and ATMs
to withdraw money.
Blockchain data and ana-
lytics firm Coin Metrics says
trading volume in bitcoin in
exchange for both rubles
and Ukrainian hryvnia has
spiked in recent days, but facebook.com/arubatoday/