Altcoin Sherpa,\u00a0an advisor to Atlas DEX tweeted<\/a>\u00a0that \"in these situations and it's not all about the market.\"<\/p>\n\n\n\n
\u00a0He\u00a0added<\/a>\u00a0later in English: \u201cReminder: Ethereum is neutral, but I am not.\u201d<\/p>\n\n\n\n \u201cVery upset by Putin's decision to abandon the possibility of a peaceful solution to the dispute with Ukraine and go to war instead. This is a crime against the Ukrainian and Russian people. I want to wish everyone security, although I know that there will be no security. Glory to Ukraine.\"<\/p>\n\n\n\n \u00a0He\u00a0added<\/a>\u00a0later in English: \u201cReminder: Ethereum is neutral, but I am not.\u201d<\/p>\n\n\n\n Ethereum founder Vitalik Buterin, born and raised in Russia,\u00a0tweeted<\/a> in Russian that roughly translates to <\/p>\n\n\n\n \u201cVery upset by Putin's decision to abandon the possibility of a peaceful solution to the dispute with Ukraine and go to war instead. This is a crime against the Ukrainian and Russian people. I want to wish everyone security, although I know that there will be no security. Glory to Ukraine.\"<\/p>\n\n\n\n \u00a0He\u00a0added<\/a>\u00a0later in English: \u201cReminder: Ethereum is neutral, but I am not.\u201d<\/p>\n\n\n\n Ethereum founder Vitalik Buterin, born and raised in Russia,\u00a0tweeted<\/a> in Russian that roughly translates to <\/p>\n\n\n\n \u201cVery upset by Putin's decision to abandon the possibility of a peaceful solution to the dispute with Ukraine and go to war instead. This is a crime against the Ukrainian and Russian people. I want to wish everyone security, although I know that there will be no security. Glory to Ukraine.\"<\/p>\n\n\n\n \u00a0He\u00a0added<\/a>\u00a0later in English: \u201cReminder: Ethereum is neutral, but I am not.\u201d<\/p>\n\n\n\n Ethereum founder Vitalik Buterin, born and raised in Russia,\u00a0tweeted<\/a> in Russian that roughly translates to <\/p>\n\n\n\n \u201cVery upset by Putin's decision to abandon the possibility of a peaceful solution to the dispute with Ukraine and go to war instead. This is a crime against the Ukrainian and Russian people. I want to wish everyone security, although I know that there will be no security. Glory to Ukraine.\"<\/p>\n\n\n\n \u00a0He\u00a0added<\/a>\u00a0later in English: \u201cReminder: Ethereum is neutral, but I am not.\u201d<\/p>\n\n\n\n The Bitcoin (BTC<\/a>) price has dropped 7.26% and Ethereum (ETH<\/a>) dropped 9.48% today according to CoinMarketCap<\/a>. The overall crypto market cap has dropped 8.25% to $1.58 trillion.<\/p>\n\n\n\n Ethereum founder Vitalik Buterin, born and raised in Russia,\u00a0tweeted<\/a> in Russian that roughly translates to <\/p>\n\n\n\n \u201cVery upset by Putin's decision to abandon the possibility of a peaceful solution to the dispute with Ukraine and go to war instead. This is a crime against the Ukrainian and Russian people. I want to wish everyone security, although I know that there will be no security. Glory to Ukraine.\"<\/p>\n\n\n\n \u00a0He\u00a0added<\/a>\u00a0later in English: \u201cReminder: Ethereum is neutral, but I am not.\u201d<\/p>\n\n\n\n The Russian army had launched several missiles aimed at Ukraine, targeting several cities including the capital, Kyiv.<\/p>\n\n\n\n The Bitcoin (BTC<\/a>) price has dropped 7.26% and Ethereum (ETH<\/a>) dropped 9.48% today according to CoinMarketCap<\/a>. The overall crypto market cap has dropped 8.25% to $1.58 trillion.<\/p>\n\n\n\n Ethereum founder Vitalik Buterin, born and raised in Russia,\u00a0tweeted<\/a> in Russian that roughly translates to <\/p>\n\n\n\n \u201cVery upset by Putin's decision to abandon the possibility of a peaceful solution to the dispute with Ukraine and go to war instead. This is a crime against the Ukrainian and Russian people. I want to wish everyone security, although I know that there will be no security. Glory to Ukraine.\"<\/p>\n\n\n\n \u00a0He\u00a0added<\/a>\u00a0later in English: \u201cReminder: Ethereum is neutral, but I am not.\u201d<\/p>\n\n\n\n After Russian President, Vladamir Putin announced<\/a> a \"special military operation\" in Ukraine global markets have tanked.<\/p>\n\n\n\n The Russian army had launched several missiles aimed at Ukraine, targeting several cities including the capital, Kyiv.<\/p>\n\n\n\n The Bitcoin (BTC<\/a>) price has dropped 7.26% and Ethereum (ETH<\/a>) dropped 9.48% today according to CoinMarketCap<\/a>. The overall crypto market cap has dropped 8.25% to $1.58 trillion.<\/p>\n\n\n\n Ethereum founder Vitalik Buterin, born and raised in Russia,\u00a0tweeted<\/a> in Russian that roughly translates to <\/p>\n\n\n\n \u201cVery upset by Putin's decision to abandon the possibility of a peaceful solution to the dispute with Ukraine and go to war instead. This is a crime against the Ukrainian and Russian people. I want to wish everyone security, although I know that there will be no security. Glory to Ukraine.\"<\/p>\n\n\n\n \u00a0He\u00a0added<\/a>\u00a0later in English: \u201cReminder: Ethereum is neutral, but I am not.\u201d<\/p>\n\n\n\n After Russian President, Vladamir Putin announced<\/a> a \"special military operation\" in Ukraine global markets have tanked.<\/p>\n\n\n\n The Russian army had launched several missiles aimed at Ukraine, targeting several cities including the capital, Kyiv.<\/p>\n\n\n\n The Bitcoin (BTC<\/a>) price has dropped 7.26% and Ethereum (ETH<\/a>) dropped 9.48% today according to CoinMarketCap<\/a>. The overall crypto market cap has dropped 8.25% to $1.58 trillion.<\/p>\n\n\n\n Ethereum founder Vitalik Buterin, born and raised in Russia,\u00a0tweeted<\/a> in Russian that roughly translates to <\/p>\n\n\n\n \u201cVery upset by Putin's decision to abandon the possibility of a peaceful solution to the dispute with Ukraine and go to war instead. This is a crime against the Ukrainian and Russian people. I want to wish everyone security, although I know that there will be no security. Glory to Ukraine.\"<\/p>\n\n\n\n \u00a0He\u00a0added<\/a>\u00a0later in English: \u201cReminder: Ethereum is neutral, but I am not.\u201d<\/p>\n\n\n\n The total crypto market reached a high of $1.8 trillion which was over a 3.5% increase from the day prior.<\/p>\n\n\n\n After Russian President, Vladamir Putin announced<\/a> a \"special military operation\" in Ukraine global markets have tanked.<\/p>\n\n\n\n The Russian army had launched several missiles aimed at Ukraine, targeting several cities including the capital, Kyiv.<\/p>\n\n\n\n The Bitcoin (BTC<\/a>) price has dropped 7.26% and Ethereum (ETH<\/a>) dropped 9.48% today according to CoinMarketCap<\/a>. The overall crypto market cap has dropped 8.25% to $1.58 trillion.<\/p>\n\n\n\n Ethereum founder Vitalik Buterin, born and raised in Russia,\u00a0tweeted<\/a> in Russian that roughly translates to <\/p>\n\n\n\n \u201cVery upset by Putin's decision to abandon the possibility of a peaceful solution to the dispute with Ukraine and go to war instead. This is a crime against the Ukrainian and Russian people. I want to wish everyone security, although I know that there will be no security. Glory to Ukraine.\"<\/p>\n\n\n\n \u00a0He\u00a0added<\/a>\u00a0later in English: \u201cReminder: Ethereum is neutral, but I am not.\u201d<\/p>\n\n\n\n Wall Street saw a 7% intra-day gain on Thursday after Joe Biden's address. Bitcoin followed suit recovering from a low of $34,000 on Thursday, to a high of $40,000 today according to data<\/a> from CoinMarketCap. This figure was higher than the days leading up to the invasion. <\/p>\n\n\n\n The total crypto market reached a high of $1.8 trillion which was over a 3.5% increase from the day prior.<\/p>\n\n\n\n After Russian President, Vladamir Putin announced<\/a> a \"special military operation\" in Ukraine global markets have tanked.<\/p>\n\n\n\n The Russian army had launched several missiles aimed at Ukraine, targeting several cities including the capital, Kyiv.<\/p>\n\n\n\n The Bitcoin (BTC<\/a>) price has dropped 7.26% and Ethereum (ETH<\/a>) dropped 9.48% today according to CoinMarketCap<\/a>. The overall crypto market cap has dropped 8.25% to $1.58 trillion.<\/p>\n\n\n\n Ethereum founder Vitalik Buterin, born and raised in Russia,\u00a0tweeted<\/a> in Russian that roughly translates to <\/p>\n\n\n\n \u201cVery upset by Putin's decision to abandon the possibility of a peaceful solution to the dispute with Ukraine and go to war instead. This is a crime against the Ukrainian and Russian people. I want to wish everyone security, although I know that there will be no security. Glory to Ukraine.\"<\/p>\n\n\n\n \u00a0He\u00a0added<\/a>\u00a0later in English: \u201cReminder: Ethereum is neutral, but I am not.\u201d<\/p>\n\n\n\n Although markets were quick to recover after news that the U.S. was not getting involved, only applying sanctions. The markets started to rally after this news, Joe Biden stated that the U.S. will only limit Russia's ability to \u201cdo business in dollars, euros, pounds, and yen to be part of the global economy.\u201d<\/p>\n\n\n\n Wall Street saw a 7% intra-day gain on Thursday after Joe Biden's address. Bitcoin followed suit recovering from a low of $34,000 on Thursday, to a high of $40,000 today according to data<\/a> from CoinMarketCap. This figure was higher than the days leading up to the invasion. <\/p>\n\n\n\n The total crypto market reached a high of $1.8 trillion which was over a 3.5% increase from the day prior.<\/p>\n\n\n\n After Russian President, Vladamir Putin announced<\/a> a \"special military operation\" in Ukraine global markets have tanked.<\/p>\n\n\n\n The Russian army had launched several missiles aimed at Ukraine, targeting several cities including the capital, Kyiv.<\/p>\n\n\n\n The Bitcoin (BTC<\/a>) price has dropped 7.26% and Ethereum (ETH<\/a>) dropped 9.48% today according to CoinMarketCap<\/a>. The overall crypto market cap has dropped 8.25% to $1.58 trillion.<\/p>\n\n\n\n Ethereum founder Vitalik Buterin, born and raised in Russia,\u00a0tweeted<\/a> in Russian that roughly translates to <\/p>\n\n\n\n \u201cVery upset by Putin's decision to abandon the possibility of a peaceful solution to the dispute with Ukraine and go to war instead. This is a crime against the Ukrainian and Russian people. I want to wish everyone security, although I know that there will be no security. Glory to Ukraine.\"<\/p>\n\n\n\n \u00a0He\u00a0added<\/a>\u00a0later in English: \u201cReminder: Ethereum is neutral, but I am not.\u201d<\/p>\n\n\n\n Due to the recent news of Russia's invasion of Ukraine, markets took a sharp hit<\/a>.<\/p>\n\n\n\n Although markets were quick to recover after news that the U.S. was not getting involved, only applying sanctions. The markets started to rally after this news, Joe Biden stated that the U.S. will only limit Russia's ability to \u201cdo business in dollars, euros, pounds, and yen to be part of the global economy.\u201d<\/p>\n\n\n\n Wall Street saw a 7% intra-day gain on Thursday after Joe Biden's address. Bitcoin followed suit recovering from a low of $34,000 on Thursday, to a high of $40,000 today according to data<\/a> from CoinMarketCap. This figure was higher than the days leading up to the invasion. <\/p>\n\n\n\n The total crypto market reached a high of $1.8 trillion which was over a 3.5% increase from the day prior.<\/p>\n\n\n\n After Russian President, Vladamir Putin announced<\/a> a \"special military operation\" in Ukraine global markets have tanked.<\/p>\n\n\n\n The Russian army had launched several missiles aimed at Ukraine, targeting several cities including the capital, Kyiv.<\/p>\n\n\n\n The Bitcoin (BTC<\/a>) price has dropped 7.26% and Ethereum (ETH<\/a>) dropped 9.48% today according to CoinMarketCap<\/a>. The overall crypto market cap has dropped 8.25% to $1.58 trillion.<\/p>\n\n\n\n Ethereum founder Vitalik Buterin, born and raised in Russia,\u00a0tweeted<\/a> in Russian that roughly translates to <\/p>\n\n\n\n \u201cVery upset by Putin's decision to abandon the possibility of a peaceful solution to the dispute with Ukraine and go to war instead. This is a crime against the Ukrainian and Russian people. I want to wish everyone security, although I know that there will be no security. Glory to Ukraine.\"<\/p>\n\n\n\n \u00a0He\u00a0added<\/a>\u00a0later in English: \u201cReminder: Ethereum is neutral, but I am not.\u201d<\/p>\n\n\n\n In response to the sanctions and bans imposed on Russia, Russia's central bank more than doubled its interest rates to a crazy 20%. This was done in an effort to \"maintain financial and price stability\" stated the central bank.<\/p>\n","post_title":"Bitcoin Overtakes The Russian Ruble In Value","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-overtakes-russian-ruble-in-value","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/\nhttps:\/\/www.thedistributed.co\/will-russian-banks-blocked-from-swift-turn-to-crypto\/","post_modified":"2023-04-11 12:53:33","post_modified_gmt":"2023-04-11 02:53:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3684","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3623,"post_author":"1","post_date":"2022-02-27 00:49:59","post_date_gmt":"2022-02-26 13:49:59","post_content":"\n Due to the recent news of Russia's invasion of Ukraine, markets took a sharp hit<\/a>.<\/p>\n\n\n\n Although markets were quick to recover after news that the U.S. was not getting involved, only applying sanctions. The markets started to rally after this news, Joe Biden stated that the U.S. will only limit Russia's ability to \u201cdo business in dollars, euros, pounds, and yen to be part of the global economy.\u201d<\/p>\n\n\n\n Wall Street saw a 7% intra-day gain on Thursday after Joe Biden's address. Bitcoin followed suit recovering from a low of $34,000 on Thursday, to a high of $40,000 today according to data<\/a> from CoinMarketCap. This figure was higher than the days leading up to the invasion. <\/p>\n\n\n\n The total crypto market reached a high of $1.8 trillion which was over a 3.5% increase from the day prior.<\/p>\n\n\n\n After Russian President, Vladamir Putin announced<\/a> a \"special military operation\" in Ukraine global markets have tanked.<\/p>\n\n\n\n The Russian army had launched several missiles aimed at Ukraine, targeting several cities including the capital, Kyiv.<\/p>\n\n\n\n The Bitcoin (BTC<\/a>) price has dropped 7.26% and Ethereum (ETH<\/a>) dropped 9.48% today according to CoinMarketCap<\/a>. The overall crypto market cap has dropped 8.25% to $1.58 trillion.<\/p>\n\n\n\n Ethereum founder Vitalik Buterin, born and raised in Russia,\u00a0tweeted<\/a> in Russian that roughly translates to <\/p>\n\n\n\n \u201cVery upset by Putin's decision to abandon the possibility of a peaceful solution to the dispute with Ukraine and go to war instead. This is a crime against the Ukrainian and Russian people. I want to wish everyone security, although I know that there will be no security. Glory to Ukraine.\"<\/p>\n\n\n\n \u00a0He\u00a0added<\/a>\u00a0later in English: \u201cReminder: Ethereum is neutral, but I am not.\u201d<\/p>\n\n\n\n Russia's invasion of Ukraine has sent markets into a whirl<\/a>. Although international markets managed to recover<\/a> mere days after the initial invasion, the most affected country is still Russia themselves.<\/p>\n\n\n\n In response to the sanctions and bans imposed on Russia, Russia's central bank more than doubled its interest rates to a crazy 20%. This was done in an effort to \"maintain financial and price stability\" stated the central bank.<\/p>\n","post_title":"Bitcoin Overtakes The Russian Ruble In Value","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-overtakes-russian-ruble-in-value","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/\nhttps:\/\/www.thedistributed.co\/will-russian-banks-blocked-from-swift-turn-to-crypto\/","post_modified":"2023-04-11 12:53:33","post_modified_gmt":"2023-04-11 02:53:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3684","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3623,"post_author":"1","post_date":"2022-02-27 00:49:59","post_date_gmt":"2022-02-26 13:49:59","post_content":"\n Due to the recent news of Russia's invasion of Ukraine, markets took a sharp hit<\/a>.<\/p>\n\n\n\n Although markets were quick to recover after news that the U.S. was not getting involved, only applying sanctions. The markets started to rally after this news, Joe Biden stated that the U.S. will only limit Russia's ability to \u201cdo business in dollars, euros, pounds, and yen to be part of the global economy.\u201d<\/p>\n\n\n\n Wall Street saw a 7% intra-day gain on Thursday after Joe Biden's address. Bitcoin followed suit recovering from a low of $34,000 on Thursday, to a high of $40,000 today according to data<\/a> from CoinMarketCap. This figure was higher than the days leading up to the invasion. <\/p>\n\n\n\n The total crypto market reached a high of $1.8 trillion which was over a 3.5% increase from the day prior.<\/p>\n\n\n\n After Russian President, Vladamir Putin announced<\/a> a \"special military operation\" in Ukraine global markets have tanked.<\/p>\n\n\n\n The Russian army had launched several missiles aimed at Ukraine, targeting several cities including the capital, Kyiv.<\/p>\n\n\n\n The Bitcoin (BTC<\/a>) price has dropped 7.26% and Ethereum (ETH<\/a>) dropped 9.48% today according to CoinMarketCap<\/a>. The overall crypto market cap has dropped 8.25% to $1.58 trillion.<\/p>\n\n\n\n Ethereum founder Vitalik Buterin, born and raised in Russia,\u00a0tweeted<\/a> in Russian that roughly translates to <\/p>\n\n\n\n \u201cVery upset by Putin's decision to abandon the possibility of a peaceful solution to the dispute with Ukraine and go to war instead. This is a crime against the Ukrainian and Russian people. I want to wish everyone security, although I know that there will be no security. Glory to Ukraine.\"<\/p>\n\n\n\n \u00a0He\u00a0added<\/a>\u00a0later in English: \u201cReminder: Ethereum is neutral, but I am not.\u201d<\/p>\n\n\n\n Russia's invasion of Ukraine has sent markets into a whirl<\/a>. Although international markets managed to recover<\/a> mere days after the initial invasion, the most affected country is still Russia themselves.<\/p>\n\n\n\n In response to the sanctions and bans imposed on Russia, Russia's central bank more than doubled its interest rates to a crazy 20%. This was done in an effort to \"maintain financial and price stability\" stated the central bank.<\/p>\n","post_title":"Bitcoin Overtakes The Russian Ruble In Value","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-overtakes-russian-ruble-in-value","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/\nhttps:\/\/www.thedistributed.co\/will-russian-banks-blocked-from-swift-turn-to-crypto\/","post_modified":"2023-04-11 12:53:33","post_modified_gmt":"2023-04-11 02:53:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3684","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3623,"post_author":"1","post_date":"2022-02-27 00:49:59","post_date_gmt":"2022-02-26 13:49:59","post_content":"\n Due to the recent news of Russia's invasion of Ukraine, markets took a sharp hit<\/a>.<\/p>\n\n\n\n Although markets were quick to recover after news that the U.S. was not getting involved, only applying sanctions. The markets started to rally after this news, Joe Biden stated that the U.S. will only limit Russia's ability to \u201cdo business in dollars, euros, pounds, and yen to be part of the global economy.\u201d<\/p>\n\n\n\n Wall Street saw a 7% intra-day gain on Thursday after Joe Biden's address. Bitcoin followed suit recovering from a low of $34,000 on Thursday, to a high of $40,000 today according to data<\/a> from CoinMarketCap. This figure was higher than the days leading up to the invasion. <\/p>\n\n\n\n The total crypto market reached a high of $1.8 trillion which was over a 3.5% increase from the day prior.<\/p>\n\n\n\n After Russian President, Vladamir Putin announced<\/a> a \"special military operation\" in Ukraine global markets have tanked.<\/p>\n\n\n\n The Russian army had launched several missiles aimed at Ukraine, targeting several cities including the capital, Kyiv.<\/p>\n\n\n\n The Bitcoin (BTC<\/a>) price has dropped 7.26% and Ethereum (ETH<\/a>) dropped 9.48% today according to CoinMarketCap<\/a>. The overall crypto market cap has dropped 8.25% to $1.58 trillion.<\/p>\n\n\n\n Ethereum founder Vitalik Buterin, born and raised in Russia,\u00a0tweeted<\/a> in Russian that roughly translates to <\/p>\n\n\n\n \u201cVery upset by Putin's decision to abandon the possibility of a peaceful solution to the dispute with Ukraine and go to war instead. This is a crime against the Ukrainian and Russian people. I want to wish everyone security, although I know that there will be no security. Glory to Ukraine.\"<\/p>\n\n\n\n \u00a0He\u00a0added<\/a>\u00a0later in English: \u201cReminder: Ethereum is neutral, but I am not.\u201d<\/p>\n\n\n\n Russia's invasion of Ukraine has sent markets into a whirl<\/a>. Although international markets managed to recover<\/a> mere days after the initial invasion, the most affected country is still Russia themselves.<\/p>\n\n\n\n In response to the sanctions and bans imposed on Russia, Russia's central bank more than doubled its interest rates to a crazy 20%. This was done in an effort to \"maintain financial and price stability\" stated the central bank.<\/p>\n","post_title":"Bitcoin Overtakes The Russian Ruble In Value","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-overtakes-russian-ruble-in-value","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/\nhttps:\/\/www.thedistributed.co\/will-russian-banks-blocked-from-swift-turn-to-crypto\/","post_modified":"2023-04-11 12:53:33","post_modified_gmt":"2023-04-11 02:53:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3684","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3623,"post_author":"1","post_date":"2022-02-27 00:49:59","post_date_gmt":"2022-02-26 13:49:59","post_content":"\n Due to the recent news of Russia's invasion of Ukraine, markets took a sharp hit<\/a>.<\/p>\n\n\n\n Although markets were quick to recover after news that the U.S. was not getting involved, only applying sanctions. The markets started to rally after this news, Joe Biden stated that the U.S. will only limit Russia's ability to \u201cdo business in dollars, euros, pounds, and yen to be part of the global economy.\u201d<\/p>\n\n\n\n Wall Street saw a 7% intra-day gain on Thursday after Joe Biden's address. Bitcoin followed suit recovering from a low of $34,000 on Thursday, to a high of $40,000 today according to data<\/a> from CoinMarketCap. This figure was higher than the days leading up to the invasion. <\/p>\n\n\n\n The total crypto market reached a high of $1.8 trillion which was over a 3.5% increase from the day prior.<\/p>\n\n\n\n After Russian President, Vladamir Putin announced<\/a> a \"special military operation\" in Ukraine global markets have tanked.<\/p>\n\n\n\n The Russian army had launched several missiles aimed at Ukraine, targeting several cities including the capital, Kyiv.<\/p>\n\n\n\n The Bitcoin (BTC<\/a>) price has dropped 7.26% and Ethereum (ETH<\/a>) dropped 9.48% today according to CoinMarketCap<\/a>. The overall crypto market cap has dropped 8.25% to $1.58 trillion.<\/p>\n\n\n\n Ethereum founder Vitalik Buterin, born and raised in Russia,\u00a0tweeted<\/a> in Russian that roughly translates to <\/p>\n\n\n\n \u201cVery upset by Putin's decision to abandon the possibility of a peaceful solution to the dispute with Ukraine and go to war instead. This is a crime against the Ukrainian and Russian people. I want to wish everyone security, although I know that there will be no security. Glory to Ukraine.\"<\/p>\n\n\n\n \u00a0He\u00a0added<\/a>\u00a0later in English: \u201cReminder: Ethereum is neutral, but I am not.\u201d<\/p>\n\n\n\n The Russian Ruble has hit a 30 year low, losing over 30% of its value in less than a week, 1 Russian Ruble is worth a mere US$0.01.<\/p>\n\n\n\n Russia's invasion of Ukraine has sent markets into a whirl<\/a>. Although international markets managed to recover<\/a> mere days after the initial invasion, the most affected country is still Russia themselves.<\/p>\n\n\n\n In response to the sanctions and bans imposed on Russia, Russia's central bank more than doubled its interest rates to a crazy 20%. This was done in an effort to \"maintain financial and price stability\" stated the central bank.<\/p>\n","post_title":"Bitcoin Overtakes The Russian Ruble In Value","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-overtakes-russian-ruble-in-value","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/\nhttps:\/\/www.thedistributed.co\/will-russian-banks-blocked-from-swift-turn-to-crypto\/","post_modified":"2023-04-11 12:53:33","post_modified_gmt":"2023-04-11 02:53:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3684","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3623,"post_author":"1","post_date":"2022-02-27 00:49:59","post_date_gmt":"2022-02-26 13:49:59","post_content":"\n Due to the recent news of Russia's invasion of Ukraine, markets took a sharp hit<\/a>.<\/p>\n\n\n\n Although markets were quick to recover after news that the U.S. was not getting involved, only applying sanctions. The markets started to rally after this news, Joe Biden stated that the U.S. will only limit Russia's ability to \u201cdo business in dollars, euros, pounds, and yen to be part of the global economy.\u201d<\/p>\n\n\n\n Wall Street saw a 7% intra-day gain on Thursday after Joe Biden's address. Bitcoin followed suit recovering from a low of $34,000 on Thursday, to a high of $40,000 today according to data<\/a> from CoinMarketCap. This figure was higher than the days leading up to the invasion. <\/p>\n\n\n\n The total crypto market reached a high of $1.8 trillion which was over a 3.5% increase from the day prior.<\/p>\n\n\n\n After Russian President, Vladamir Putin announced<\/a> a \"special military operation\" in Ukraine global markets have tanked.<\/p>\n\n\n\n The Russian army had launched several missiles aimed at Ukraine, targeting several cities including the capital, Kyiv.<\/p>\n\n\n\n The Bitcoin (BTC<\/a>) price has dropped 7.26% and Ethereum (ETH<\/a>) dropped 9.48% today according to CoinMarketCap<\/a>. The overall crypto market cap has dropped 8.25% to $1.58 trillion.<\/p>\n\n\n\n Ethereum founder Vitalik Buterin, born and raised in Russia,\u00a0tweeted<\/a> in Russian that roughly translates to <\/p>\n\n\n\n \u201cVery upset by Putin's decision to abandon the possibility of a peaceful solution to the dispute with Ukraine and go to war instead. This is a crime against the Ukrainian and Russian people. I want to wish everyone security, although I know that there will be no security. Glory to Ukraine.\"<\/p>\n\n\n\n \u00a0He\u00a0added<\/a>\u00a0later in English: \u201cReminder: Ethereum is neutral, but I am not.\u201d<\/p>\n\n\n\n \u201cThe defining characteristics of bitcoin allows it to act as a safe haven during turbulent times.\u201d<\/p>Paolo Ardoino, CTO of BitFinex<\/cite><\/blockquote>\n\n\n\n The Russian Ruble has hit a 30 year low, losing over 30% of its value in less than a week, 1 Russian Ruble is worth a mere US$0.01.<\/p>\n\n\n\n Russia's invasion of Ukraine has sent markets into a whirl<\/a>. Although international markets managed to recover<\/a> mere days after the initial invasion, the most affected country is still Russia themselves.<\/p>\n\n\n\n In response to the sanctions and bans imposed on Russia, Russia's central bank more than doubled its interest rates to a crazy 20%. This was done in an effort to \"maintain financial and price stability\" stated the central bank.<\/p>\n","post_title":"Bitcoin Overtakes The Russian Ruble In Value","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-overtakes-russian-ruble-in-value","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/\nhttps:\/\/www.thedistributed.co\/will-russian-banks-blocked-from-swift-turn-to-crypto\/","post_modified":"2023-04-11 12:53:33","post_modified_gmt":"2023-04-11 02:53:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3684","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3623,"post_author":"1","post_date":"2022-02-27 00:49:59","post_date_gmt":"2022-02-26 13:49:59","post_content":"\n Due to the recent news of Russia's invasion of Ukraine, markets took a sharp hit<\/a>.<\/p>\n\n\n\n Although markets were quick to recover after news that the U.S. was not getting involved, only applying sanctions. The markets started to rally after this news, Joe Biden stated that the U.S. will only limit Russia's ability to \u201cdo business in dollars, euros, pounds, and yen to be part of the global economy.\u201d<\/p>\n\n\n\n Wall Street saw a 7% intra-day gain on Thursday after Joe Biden's address. Bitcoin followed suit recovering from a low of $34,000 on Thursday, to a high of $40,000 today according to data<\/a> from CoinMarketCap. This figure was higher than the days leading up to the invasion. <\/p>\n\n\n\n The total crypto market reached a high of $1.8 trillion which was over a 3.5% increase from the day prior.<\/p>\n\n\n\n After Russian President, Vladamir Putin announced<\/a> a \"special military operation\" in Ukraine global markets have tanked.<\/p>\n\n\n\n The Russian army had launched several missiles aimed at Ukraine, targeting several cities including the capital, Kyiv.<\/p>\n\n\n\n The Bitcoin (BTC<\/a>) price has dropped 7.26% and Ethereum (ETH<\/a>) dropped 9.48% today according to CoinMarketCap<\/a>. The overall crypto market cap has dropped 8.25% to $1.58 trillion.<\/p>\n\n\n\n Ethereum founder Vitalik Buterin, born and raised in Russia,\u00a0tweeted<\/a> in Russian that roughly translates to <\/p>\n\n\n\n \u201cVery upset by Putin's decision to abandon the possibility of a peaceful solution to the dispute with Ukraine and go to war instead. This is a crime against the Ukrainian and Russian people. I want to wish everyone security, although I know that there will be no security. Glory to Ukraine.\"<\/p>\n\n\n\n \u00a0He\u00a0added<\/a>\u00a0later in English: \u201cReminder: Ethereum is neutral, but I am not.\u201d<\/p>\n\n\n\n
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The Communities Reactions<\/h2>\n\n\n\n
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The Communities Reactions<\/h2>\n\n\n\n
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The Communities Reactions<\/h2>\n\n\n\n
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The Communities Reactions<\/h2>\n\n\n\n
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<\/figure>\n","post_title":"Cryptocurrency Markets Recover After Sharp Dip","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-markets-recover-after-sharp-dip","to_ping":"","pinged":"","post_modified":"2022-02-27 00:50:01","post_modified_gmt":"2022-02-26 13:50:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3581,"post_author":"1","post_date":"2022-02-24 19:01:39","post_date_gmt":"2022-02-24 08:01:39","post_content":"\nThe Communities Reactions<\/h2>\n\n\n\n
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<\/figure>\n","post_title":"Cryptocurrency Markets Recover After Sharp Dip","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-markets-recover-after-sharp-dip","to_ping":"","pinged":"","post_modified":"2022-02-27 00:50:01","post_modified_gmt":"2022-02-26 13:50:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3581,"post_author":"1","post_date":"2022-02-24 19:01:39","post_date_gmt":"2022-02-24 08:01:39","post_content":"\nThe Communities Reactions<\/h2>\n\n\n\n
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<\/figure>\n","post_title":"Cryptocurrency Markets Recover After Sharp Dip","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-markets-recover-after-sharp-dip","to_ping":"","pinged":"","post_modified":"2022-02-27 00:50:01","post_modified_gmt":"2022-02-26 13:50:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3581,"post_author":"1","post_date":"2022-02-24 19:01:39","post_date_gmt":"2022-02-24 08:01:39","post_content":"\nThe Communities Reactions<\/h2>\n\n\n\n
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<\/figure>\n","post_title":"Cryptocurrency Markets Recover After Sharp Dip","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-markets-recover-after-sharp-dip","to_ping":"","pinged":"","post_modified":"2022-02-27 00:50:01","post_modified_gmt":"2022-02-26 13:50:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3581,"post_author":"1","post_date":"2022-02-24 19:01:39","post_date_gmt":"2022-02-24 08:01:39","post_content":"\nThe Communities Reactions<\/h2>\n\n\n\n
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<\/figure>\n","post_title":"Cryptocurrency Markets Recover After Sharp Dip","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-markets-recover-after-sharp-dip","to_ping":"","pinged":"","post_modified":"2022-02-27 00:50:01","post_modified_gmt":"2022-02-26 13:50:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3581,"post_author":"1","post_date":"2022-02-24 19:01:39","post_date_gmt":"2022-02-24 08:01:39","post_content":"\nThe Communities Reactions<\/h2>\n\n\n\n
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<\/figure>\n","post_title":"Cryptocurrency Markets Recover After Sharp Dip","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-markets-recover-after-sharp-dip","to_ping":"","pinged":"","post_modified":"2022-02-27 00:50:01","post_modified_gmt":"2022-02-26 13:50:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3581,"post_author":"1","post_date":"2022-02-24 19:01:39","post_date_gmt":"2022-02-24 08:01:39","post_content":"\nThe Communities Reactions<\/h2>\n\n\n\n
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<\/figure>\n","post_title":"Cryptocurrency Markets Recover After Sharp Dip","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-markets-recover-after-sharp-dip","to_ping":"","pinged":"","post_modified":"2022-02-27 00:50:01","post_modified_gmt":"2022-02-26 13:50:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3581,"post_author":"1","post_date":"2022-02-24 19:01:39","post_date_gmt":"2022-02-24 08:01:39","post_content":"\nThe Communities Reactions<\/h2>\n\n\n\n
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The Impact Of War On Currency<\/h2>\n\n\n\n
<\/figure>\n","post_title":"Cryptocurrency Markets Recover After Sharp Dip","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-markets-recover-after-sharp-dip","to_ping":"","pinged":"","post_modified":"2022-02-27 00:50:01","post_modified_gmt":"2022-02-26 13:50:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3581,"post_author":"1","post_date":"2022-02-24 19:01:39","post_date_gmt":"2022-02-24 08:01:39","post_content":"\nThe Communities Reactions<\/h2>\n\n\n\n
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![\"\"](\"https:\/\/www.thedistributed.co\/wp-content\/uploads\/2022\/03\/russian-ruble-vs-usd.png\")
The Impact Of War On Currency<\/h2>\n\n\n\n
<\/figure>\n","post_title":"Cryptocurrency Markets Recover After Sharp Dip","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-markets-recover-after-sharp-dip","to_ping":"","pinged":"","post_modified":"2022-02-27 00:50:01","post_modified_gmt":"2022-02-26 13:50:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3581,"post_author":"1","post_date":"2022-02-24 19:01:39","post_date_gmt":"2022-02-24 08:01:39","post_content":"\nThe Communities Reactions<\/h2>\n\n\n\n
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The Impact Of War On Currency<\/h2>\n\n\n\n
<\/figure>\n","post_title":"Cryptocurrency Markets Recover After Sharp Dip","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-markets-recover-after-sharp-dip","to_ping":"","pinged":"","post_modified":"2022-02-27 00:50:01","post_modified_gmt":"2022-02-26 13:50:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3581,"post_author":"1","post_date":"2022-02-24 19:01:39","post_date_gmt":"2022-02-24 08:01:39","post_content":"\nThe Communities Reactions<\/h2>\n\n\n\n
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The Impact Of War On Currency<\/h2>\n\n\n\n
<\/figure>\n","post_title":"Cryptocurrency Markets Recover After Sharp Dip","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"cryptocurrency-markets-recover-after-sharp-dip","to_ping":"","pinged":"","post_modified":"2022-02-27 00:50:01","post_modified_gmt":"2022-02-26 13:50:01","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3623","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3581,"post_author":"1","post_date":"2022-02-24 19:01:39","post_date_gmt":"2022-02-24 08:01:39","post_content":"\nThe Communities Reactions<\/h2>\n\n\n\n
