Andre Cronje, the famed developer of many DeFi coins and projects of which YFI (Yearn Finance) became the most famous, has decided to step away from crypto for the time being. Many coins on which he cooperated fell in response. Cronje was widely regarded as the “Godfather of DeFi” for his various contributions and developments. […]
Bitcoin has, unlike global stock markets, performed relatively well ever since Russia invaded Ukraine. Ethereum founder Vitalik Buterin has long been criticized for not being vocal enough on social media. The invasion of Ukraine has apparently changed all that. Meanwhile Switzerland, normally the global example of neutrality, has promised it would step up efforts to […]
Bitcoin followed European stocks (and the Euro) down on Friday, after the possibility of a nuclear accident in Zaporizja was raised when Russia occupied (and started a fire in) Europe’s biggest nuclear power plant in Ukraine.European stocks dropped sharply, with the Amsterdam AEX tumbling 4% and the Frankfurt DAX 4.4%.Over in the world of Bitcoin, […]
The conflict between Ukraine and Russia appears to become an ideal pretext to accelerate the pacing of regulation of Bitcoin and cryptocurrencies.After ECB President Christine Lagarde, it is now Bruno Le Maire, French Minister of Finance, who insists on the urgency of putting in place regulatory oversight on crypto assets. He reacted to a question […]
The Russian invasion of Ukraine is, with all due respect to the fights between Serbs and Croats in the 1990s, the first major European land war since World War II. As such, it is having a huge economical impact. Russians, who are seeing the value of their native rubles evaporate, are clearly trying to buy […]
Bitcoin continues it’s upward momentum, although technical analysts claim that it would soon hit a ceiling (around $46k). Meanwhile many in the mainstream media have pointed out the possibility that Bitcoin could have temporarily decoupled from stocks because of Russian sanctions, claiming that oligarchs are trying to exchange their roubles for Bitcoin, which would in […]
Bitcoin rebounded massively in the past 24 hours, surging by 18% at a certain point. At the time of writing on Tuesday morning, the world’s biggest cryptocurrency trades at $43.3k (up 14%) and all talk of a dive to $30k of about a week ago seems long forgotten. Meanwhile the importance of crypto during a […]
Bitcoin is at $38,300 at the time of writing on Monday. Just as the rest of the world, the cryptosphere seems to be in a waiting mood to see how the Russia versus Ukraine war plays out. Meanwhile crypto seems to play an ever greater role in the conflict. Digital currencies are used to help […]
Bitcoin continued its upward trajectory over the weekend and briefly touched $40,000 again on Saturday afternoon, however profit takers closed their positions due to the current geopolitical market risk. At the time of writing on Sunday, Bitcoin pulled back to $39,300, having moved only 2% over the past week.The crypto fear and greed index remained quite low, […]
Bitcoin neared the $40k level again and has clearly shot back up after dropping to $35k earlier this week when Russia invaded Ukraine. Just like US and European stock markets there is some short term momentum to the upside (the Nasdaq is up 4% since it low on Thursday), but it is at this point […]
