SoundCloud widget in WordPress

Hi guys,

FIrst of all, I am fairly new to WordPress and I wanted to know whether it is possible at all to insert embedded HTML code that I received from the SoundCloud website to my sidebar? Here is the actual code:

<style type='text/css'>a.soundcloud-badge:hover {background-position: bottom left !important;} *html a.soundcloud-badge {background-image: none !important; filter: progid:DXImageTransform.Microsoft.AlphaImageLoader(src='(http://a1.sndcdn.com/images/badges/fmonsc/square/white.png?10e4608)', sizingMethod='crop') !important;}</style><!-- if you want to have valid HTML, please be so kind and put the style part in the head of your page --><a href='http://soundcloud.com/boo2zz/follow'><span style="display: block; width: 137px; height: 20px; padding: 20px 0 0 12px; overflow: hidden; -o-text-overflow: ellipsis; text-overflow: ellipsis">boo2zz</span></a>

[Please post code snippets between backticks or use the code button.]

As far as I understand from various threads that I’ve read, it is not possible to insert HTML based codes to the side bar? Is that true? If so, is there any other way I could manage it e.g. any specific widgets or anything else at all ?

Yours sincerely,

Aleksandr