As the war in Ukraine moves into its third week, if there still is a demand for bitcoin (BTC) and other cryptocurrencies in the Russian and Ukrainian markets, to try to escape sanctions or as an escape route for people to safeguard their funds, this does not seem to have reflections on market prices of…
All eyes are on the war in Ukraine, including those of crypto traders, and for obvious reasons, of course. Crypto’s volatility over the past week has been expected while many are trying to figure out how to adjust to the geopolitical situation. It’s safe to assume that some of the buying pressure is coming from…
Despite the raging conflict in Eastern Europe, crypto investment products saw inflows totaling $36 million in the week ending February 28, according to the latest report by institutional crypto fund manager CoinShares. However, the report which analyzes weekly flows into crypto asset funds observed regional variances–while the Americas saw inflows, European investment products recorded outflows….
As the war in Ukraine is continuing on its sixth day, sanctions imposed on Russia are both widening and deepening. More and more countries and international institutions are implementing sanctions, and the sanctions already in place are getting tougher on the Russian regime. While sanctions imposed on the infrastructure of traditional finance and payments have…
As the war in Ukraine continues, Bitcoin and the rest of the crypto market, including Ethereum, has been highly correlated to the traditional market. With the S&P 500 and Nasdaq opening cautiously upwards, bitcoin has once again spiked and is trading above $41,000. The correlation to traditional markets seems broken, at least for the moment….
Some days make it difficult to find joy, even as crypto markets are rallying. Nevertheless, the losses made since the outbreak of the tragic war between Russia and Ukraine have largely recovered and markets are generally in the green on the daily. As many times before, bitcoin leads the way by the share weight of…
Russia’s invasion of Ukraine has officially begun, as President Vladimir Putin announced that he is launching a “special military operation” in the country. Putin’s move was followed by reports of explosions in multiple major Ukrainian cities, including the country’s capital, Kyiv. Ethereum co-founder Vitalik Buterin, once again voiced his distress about the conflict, calling out…
Bitcoin and the rest of the crypto markets are continuing to struggle, with the bitcoin price trading down from the weekly high of $44,274 on Wednesday last week, down below the psychological $40,000 level at $36,629, as per data from Goingecko. At the moment of writing, BTC price is hanging just below $39,000, up 3.3%…
Despite increased political tensions surrounding the Russia-Ukraine crisis, crypto investment products recorded its fifth consecutive week of inflows, according to the latest report by institutional crypto fund manager CoinShares. The report, which analyzes weekly flows into digital asset funds, revealed Avalanche as the second biggest performer in the week ending February 21, with inflows totaling…
There are hacks and there are hacks, some are quickly forgotten even though much money was stolen, others stay in the collective memory of the crypto space for a very long time, gaining almost mythical status. The Mt Gox and The DAO hacks are definitely of the latter kind. In a brand new book, and…