Crypto in war ukraine and russia

[mey466]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

[Rahman11]

Impact of war on cryptocurrencies
According to data from CryptoCompare, Bitcoin trading denominated in the Russian rouble went into overdrive when the invasion began on Thursday. Daily volumes rose 259 per cent from a day earlier to 1.3 billion rouble or $13.1 million.

[Teknisi88]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

Thoughts are with everyone in Ukraine today. We sometimes forget that there are real people living in these situations and it's not all about the market

[JeffBrad12]

What is the impact of the current Ukraine and Russia war on Crypto?  

Fear and down trend. People are dumping their assets to be converted into the assets that can save their value and crypto will be getting dumped by this fear as well due to the war between ukraine and rusia.
If this will be so long and crypto will be always following the trend.

With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

It will not end soon. The war will still happen but it seems like rusia will be in a danger for long term. It has so many military weapons but it was losing a lot of things like its economic destruction in long term.
This is not only about the war but remember that if there are so many things need to be consired.
Both of countries are loosing a lot. Just wanna know how long this country will try to attack ukraine.

[ryzaadit]

Most of assets are from Russia.

Since they can't get in into the Europe market like stock and etc because of the sanction from west, some people look crypto as the alternative since is decentralized. By the way in "DeFi" there is no control at all.

That's why some market got a really good spike because of this.

[jossiel]

What is the impact of the current Ukraine and Russia war on Crypto?  

It had made bitcoin pump within seconds and add thousands to its price and billions to its market cap.

With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

Yes, all of those things have happened already and it's going to continue with those donations while the war is still there. But with what I'm expecting, even the war has stopped. The donations will keep coming in for them for the rebuilding of their nation.

That's what's likely going to happen and the world is uniting on that purpose and that's why many are for Ukraine but still, it's good to know the history of the quarrel of these two countries.

[Kavelj22]

The start of the war was similtiniously to a huge drop for the cryptocurrencies prices. Investors were about to change their savings to gold and few other precious metals.
After 8 days of war, cryptocurrencies recovered its position as a precious option for both Ukraine after the invasion and Russia after the economic sanctions.
Even yet limited roles, but good for the future.

[kotwica666]

*SNIP*

It is true that Ukraine accepts donations in cryptocurrencies.
It is also true that some cryptocurrency exchanges want to block accounts of users from Russia.
The war between Russia and Ukraine is a very terrible thing and leads to a very big economic crisis in both countries. Markets around the world will surely also feel this destabilization. Despite the fact that there are voices that this situation may increase interest in cryptocurrencies, I can agree with it, but only in the long term. In my opinion, in the near future, all financial markets, including the cryptocurrency market, will react very negatively to this war.

[Yogee]

.... With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well.

It's not "could have" since it's already happening. You could see how Russia is retaliating against countries like Germany.

The effect of this ongoing conflict on crypto has been positive so far. Both countries have become friendly to cryptocurrencies prior to the attack. Russians probably converting their assets to BTC to avoid freezing while Ukraine accepting dknations without third party interference.

[mrongoz_imut]

Ukraine government open donation by accepting payment using cryptocurrency but on other side he ask to all exchange to banned Russia IP or member from using cryptocurrency, not brilliant ideas from Ukraine president how to faced with war Russia invasion, he not looking for solve way how to stop war and take care with donation by using cryptocurrency but he want to make FUD by asking several exchange platform to banned Russian cryptocurrency member. I think not any impact although how long war between Russian and Ukraine for cryptocurrency because both country is not really popular with crypto.

[ardydyon]

The impact of this war was far-reaching. almost all sectors will get the effect of this war.
the crypto market is certainly experiencing the impact of the war that is happening. we'll see at the beginning of the war all
coins in crypto experienced a very significant decline. I hope that this war ends, there is nothing more beautiful than peace.

[X-ray]

Don't you see how the price of bitcoin and whole of crypto gone down so hard when there was a news about the war between ukraine and rusia? that means if the war was creating so many fear and there will be possibility for this to trigger another world war 3. This will be making people to prepare themselves from the war that will be happening with so many countries against one to the each other.
The impact was so big. So many companies are stopping their operation and this was making so many people become jobless and you know what i mean if this is also decreasing the economic.
The market was not stable right now and it seems like that this time crypto is facing another fear again.

[kojektea]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

The real impact for the time being is quite good for cryptocurrencies because with the war going on financial flows are very difficult to transact so they have to use cryptocurrencies, and it makes some big coins like bitcoin go up to 10%.
However, from my personal point of view this is only temporary, before the war happened we were in a bear market, even with this war it also became vulnerable to be an attack on the price of bitcoin itself.
When pressed into war I worry that they can use anything, what if the donations that Ukraine received directly without an audit were used to attack Russia, while the Ukrainian people currently need emergency money to keep them there.
What's even more confusing to me, is that instead of channeling the cryptocurrency received from donations to Ukrainian citizens, they actually plan to create an NFT, which at the moment I'm also confused about what the benefits are for people who I think need it more. Source

[awik p]

To some extent the war between the two countries had a psychological impact on cryptocurrencies, currently Binance has distributed donations to Ukraine as a form of humanity towards its miserable people. although now the price is starting to rise again, but we need to be careful of a bulltrap that might occur

[Accardo]

Just wanna know how long this country will try to attack ukraine.

The duration of this war depends on how long it takes President Putin to destabilize the military department of Ukraine which have been his first intention why he invaded the country. I wish that Putin withdraws now that it's still early before Russia will face a bigger damage in her economy.

[tarable]

The impact that will occur due to the Ukraine and Russia war on crypto in my opinion is the weakening of the world economy. when the world economy weakens, it will have an impact on the development of crypto. almost all markets experience a downturn and chaotic situation.
no war can have a good impact, especially on a very central sector of the economy.
stop war.

[cryptoaddictchie]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

Huge impact of course. Almost all ukranians are probably in fear with their lives and considered already that they are loss a lot on this war since they left their home just to be safe. Imagine the asset they forfeit just for the sake of the Russian invasion safety. Yes they could have put some on crypto to stabilize their asset but not all probably are known crypto anf most likely rely on business instead. Russia on the other hand experiencing now thr sanction badly as rubles continously going down. Now Putin will realize his grave mistake sooner or later.

[capedbaldy]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

I fear that tensions between the Russia-Ukraine war will continue without knowing when the war will end and many expert opinions will trigger the impact of a world war, hopefully it never happens. The impact on crypto was evident at the start of the special military operations announcement, but now the recovery is more dominant than the previous market crash. When Ukraine announces recipients of donations via crypto there is a possibility that the great whale will pump up prices to increase the balance of donations.

[Javi_Anibarro]

The impact that will occur due to the Ukraine and Russia war on crypto in my opinion is the weakening of the world economy. when the world economy weakens, it will have an impact on the development of crypto. almost all markets experience a downturn and chaotic situation.
no war can have a good impact, especially on a very central sector of the economy.
stop war.

War brings destruction to the economy especially real life assets such as cars, houses, etc.
But from what we are looking at right now, instead of getting affected crypto starts to recover it might be due to the fact people realize they can safely protect their assets from the war by keeping it live in form of a digital asset. It is my assumption after seeing what happened with the market after the aggression happened and I might be wrong.
Despite that, let's just hope this war ends because nothing good will come out of it.

[Eternad]

Ongoing tensions between Russia and Ukraine have not only impacted the economies of both countries, but this uncertainty has also impacted the stock market and the recent crypto market correction and moreover now the Ukrainian government is also requesting that centralized crypto exchanges like Binance to block users who comes from Russia, so I think this FUD issued by the Ukraine government will indirectly make the market panic.

Since crypto not yet ban in both countries some says that this is the reason of the recent hike in price since banks sanctions are already happening in Russia and Russian are using crypto now to do transactions. Though we see how price of bitcoin continuously decline when the war started and just this sanction news it somehow recovers. Once Binance ban or freeze Russian account we can see how will effect the market again. For now crypto were not that much affected but sure the investors who are living in these countries are already affected  maybe sold some of their investment for cash.

[aioc]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

There's no negative impact at all in fact Ukrainian's decision to ask for donations in Crypto gives positive feedback directly promoting the use of Cryptocurrency even if you are not aware of your existence you will do research to donate Crypto to Ukrainian, the economies of both countries will be in ruin but the huge damage is on Ukraine, the Russian will feel the isolation in the coming months because of the boycott, I have this feeling that this war will drag on for several months.

[mdzahed134]

There are big impact will be face both of countries, Russia already getting a several sanctions from USA and others countries, even Russian a few banks are banned from SWIFT, Definitely it will big impact in Russia's economy. I don’t think this war will be end soon even can be world war 3, many people’s are thinking that.

[aylabadia05]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

The impact of Ukraine's war with Russia will not only affect cryptocurrencies, but on all fronts. The impact on cryptocurrencies may be market conditions that fail to rise. But the impact on another sector that is more real and very worrying is human psychology.
The falling market can recover again, but when the human mentality as market participants falls, it is difficult to recover.
Hopefully the war between Ukraine and Russia can end as soon as possible.

[riskarcher]

Not only crypto that is affected by this war such as stocks, gold and rising dollar inflation will affect the global economy. So far they are on a truce but Nato intends to provide reinforcements to the army which is making things worse between Ukraine and Russia. I hope both parties will reconcile soon

[masterrex]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

IMO, I believe there was no impact at all, but if it has I think it's just temporary because both countries are not the top crypto players, But on other aspects, the worlds commodity prices will go up because the oil and gas supply is also affected because Russia is one of the oil and gas exporting countries and its happening now in my country gasoline price was already skyrocketed including the basic commodities that's why they should set and talk about there problems and immediately stop the nonsense war.    

[asyakashi]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

The good news is that indirectly and in the near future these two countries will legalize cryptocurrency in their countries.
However, because of these two big countries what I think is the price of bitcoin will be controlled between russia and ukraine.
If they use the funds in the wrong way, I'm sure in the long run it will have a bad impact on
cryptocurrencies and even we can actually lose cryptocurrency for good.
We know that war is not humane, I'm afraid some of them are using the power of
cryptocurrency in the wrong way for war. I love peace, hope the war will end.

[mrongoz_imut]

After one week war begin still not any words of this war between Russia and Ukraine will be ended in short time later, exactly situation more terrible right now and not any have association how to make both country stop war, although still not any impact with bitcoin right now but if war keep continue I think have bad thing for bitcoin can dump. Maybe many people from both country between Russia or Ukraine as large investor on cryptocurrency and they have to sell assets faced war situation and keep a life.

[ItsCrafty]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

Banning Russie civil people accounts are denied by Binance because they are innocent and this will have bad impact on crypto also.
This war put very bad effect on whole market as well as crypto Russian stock market see world best dump. Hope to end this war in prace.

[Moeda]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

Indeed, the war between the two countries will have an impact on the global economy. But so far I haven't seen any negative effects on crypto, even crypto prices are still holding up from their previous prices. Indeed there are open donations via crypto for ukraine, even Binance did that.

[Teknisi88]

Just wanna know how long this country will try to attack ukraine.

The duration of this war depends on how long it takes President Putin to destabilize the military department of Ukraine which have been his first intention why he invaded the country. I wish that Putin withdraws now that it's still early before Russia will face a bigger damage in her economy.

Yes that's right.
Putin carried out the Russian military invasion of Ukraine. As a result of Putin's military maneuvers, Russia's economic growth has the potential to immediately drop to lower than the projected economic figure of 2.8 percent in 2022 compared to 4.5 percent in 2021, if without war.
I don't expect Putin to back down, but Putin is ending his military invasion right now.

[nimogsm]

After one week war begin still not any words of this war between Russia and Ukraine will be ended in short time later, exactly situation more terrible right now and not any have association how to make both country stop war, although still not any impact with bitcoin right now but if war keep continue I think have bad thing for bitcoin can dump. Maybe many people from both country between Russia or Ukraine as large investor on cryptocurrency and they have to sell assets faced war situation and keep a life.

Many are now just buying cryptocurrency as national currencies are falling.In Ukraine, the hryvnia is still holding and has not suffered much.The situation with the ruble is much worse, there are sanctions and there are a lot of them.Other countries are helping Ukraine.Even economists with extensive experience cannot predict what will happen next.

[newdevices]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

Indeed, the war between the two countries will have an impact on the global economy. But so far I haven't seen any negative effects on crypto, even crypto prices are still holding up from their previous prices. Indeed there are open donations via crypto for ukraine, even Binance did that.

Obviously it will have an impact on the global economy and not only that of course because it will have an impact on other things too,
actually at the beginning of the war between Russia and Ukraine it had an impact on the crypto market but it didn't last long,
What is clear is that I hope this war can end soon and can be peaceful as before

[clarkt]

It will be hard for Ukrainians to get crypto at this time because of what's happening in their Country! Cryptocurrency however could be a saving line for those who want to preserve their wealth and cash! The Ukrainian are becoming refugees by the day and I hope some of them take Cryptos with them! Now we can see the importance of border less, permissions less alternative to cash!

[ScamViruS]

The war in Ukraine will affect not only affect sanctioned Russia, it will affect finance sector and buy extension cryptocurrency market, couple with the fact that cryptocurrency is already in bear season. I think we should get ready for the worst as we take opportunities that come with it!

But as a result of this war, Ukraine is collecting donations through crypto, which is also the promotion of cryptocurrency around the world. Because when this war is over, the positive effect will be seen in the market. It is still difficult to predict whether the market trend is moving towards bear market. When President Putin announced the start of the war, the news market had a huge impact, but the market recovered a lot from that situation. But now the market is looking bad, maybe in the coming days the market will decide its next trend.

[mey466]

Let's call for a stop war, so that it ends soon. I hope that the good news of peace will come soon, lest it escalate hostilities between other countries defending Ukraine or Russia, thereby triggering an increasingly large war involving many parties. look at the impact that beautiful country is now destroyed people are now shaken in fear by many deaths, there is no good impact from war hopefully crypto can give good things

[coco23]

It will be hard for Ukrainians to get crypto at this time because of what's happening in their Country! Cryptocurrency however could be a saving line for those who want to preserve their wealth and cash! The Ukrainian are becoming refugees by the day and I hope some of them take Cryptos with them! Now we can see the importance of border less, permissions less alternative to cash!

In a combat area this will be very difficult indeed. Currently there is still a fairly small proportion of the country in active combat. This shows the importance to prepare for such a case in advance. The best is probably to diversify into different assets such as cash/bank balance/crypto to be ready when or if such a case happens.

[Pelana vreo]

https://cryptobriefing.com/binance-kraken-refuse-ukrainian-ministers-request-to-freeze-russian-accounts/
This is good information, because Crypto users from Russia can do trade normally.

I think the Russian economy is still normal because the government can do anything for the welfare of its people, crypto is an important part of cross-border transactions, this is what is happening at the moment.

[ivankoh]

I heard that Russia was already developing and readying a crypto payment project before the war with Ukraine.  For that reason I think that any situation on the Russian side is dominating and the due diligence for battle preparation is in advance.  The bundle is not a gamble for Putin and his administration.  But Peace will come, they will need to negotiate some components.  Unfortunately, bitcoin also appears to be on the fringes of the war, and that is how crypto represents its macro importance.

[JayTrain]

At first, I observed a wild correction, but after a number of sanctions, it seems to me that many people moved to the crypt and apparently this became the starting point for a takeoff, and the market quickly stabilized.In any case, war is bad, and it will not lead to anything good.

[el kaka22]

There's no negative impact at all in fact Ukrainian's decision to ask for donations in Crypto gives positive feedback directly promoting the use of Cryptocurrency even if you are not aware of your existence you will do research to donate Crypto to Ukrainian, the economies of both countries will be in ruin but the huge damage is on Ukraine, the Russian will feel the isolation in the coming months because of the boycott, I have this feeling that this war will drag on for several months.

Crypto showed both the good side and the "bad" side to the world. Because of Ukrainian donations, people saw the good side. You could use crypto to donate to a good cause all the way over another continent and help people, someone from Japan and USA and Canada and Nigeria all people could donate to Ukraine. That's the good part of crypto, you could be anywhere in the world and send money anywhere in the world. However, the bad part was the fact that you could actually end up with helping others.

The "bad" part is that Russia has sanctions and that means people can't move money around in official fiat systems, so they use crypto to move their money around. That's by nature and that is not a bad thing for us, but the governments that put those sanctions see this as a bad thing, which is understandable because people who they do not want moving their money around end up moving their money around thanks to crypto.

[albon]

Crypto played a major role in the Russia-Ukraine war, as Ukraine collected tens of millions of international donations from crypto, and Russia used cryptocurrencies to transfer money while bypassing traditional financial channels, and as a result, crypto has become the hero of this war, as it is not under the control of any central authority, and Bitcoin has witnessed a noticeable rise since the Russian invasion of Ukraine due to the purchasing support it received from both sides.

[romero121]

Crypto played a major role in the Russia-Ukraine war, as Ukraine collected tens of millions of international donations from crypto, and Russia used cryptocurrencies to transfer money while bypassing traditional financial channels, and as a result, crypto has become the hero of this war, as it is not under the control of any central authority, and Bitcoin has witnessed a noticeable rise since the Russian invasion of Ukraine due to the purchasing support it received from both sides.

Increased usage of bitcoin with Russia and Ukraine happened out of the war. Ukraine made it a way to support war funding through donation acceptance in the form of cryptocurrencies. Russia on the other side to overcome the financial sanctions started using cryptocurrencies. Both were using it with some purpose that made the market move on the bull side. If crypto have served as a way to stop war, then this could've been a big thing. For now it has served as an alternate path to minimize the risks out of financial transactions.

[BitTraderCute]

At first, I observed a wild correction, but after a number of sanctions, it seems to me that many people moved to the crypt and apparently this became the starting point for a takeoff, and the market quickly stabilized.In any case, war is bad, and it will not lead to anything good.

with this sanctions i am believe bitcoin and cryptocurrency still be more popular for its decentralized system and adoption could be more massive than before. alot country now recognized its as new finance system that could not controll. in couple weeks while war is over and there is good news from market, bitcoin will recover hardly. main catalyst at this moment war , and hopefull it could done immediately

[indah rezqi]

I see the impact of the Ukraine war with Russia on crypto on the positive side that crypto can be an asset that stays when other real assets are lost due to war.
On the other hand, the impact of the war between Ukraine and Russia made the market weak until the price decline continued.

[KEN L]

The more the world develops, the more war can affect not only the armed forces, but also ideological influences, economic and financial influences, and even belief influences. We need to predict the market in advance through the current appearance.

[Rocky993]

Governments in a number of countries have been vying for official recognition of the cryptocurrency, with the war in Ukraine and Russia having a small market impact. That's why a lot of the market is going down. It is hoped that in the future, if this war lasts for a long time, the condition of the market can be seen more.

[Saisher]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

The impact of the war is already felt here in our country, we have a big hike in the price of oil and electricity I am in a country that is nonoil producing, many countries will feel the impact in the coming months but one the who really feel the bad effect is both Ukraine and Russia, this is a very costly war and Russia cannot keep up being isolated he will have to yield or the world will have to stop him from advancing, I don't think Russia will stop on Ukraine, that is why NATO is preparing for the worse.

[coin-investor]

Cryptocurrency has become the safe haven for countries in war many Ukrainian bought Cryptocurrency and so are the Russians in case their currency is devalued, Ukraine promoted Cryptocurrency by asking for donations in the form of Crypto, with this move many organizations and countries will also follow this, instead of cash they will prefer Cryptocurrency for donations I hope after the war when the Ukrainian people will start rebuilding their nation they will still accept donation in Crypto, so many country and organizations will buy Crypto for Ukraine.

[Cling18]

Lots of investors from European countries are fearful about the current war that they are even doing panic selling which has a huge impact on the current price of Bitcoin and other altcoins. On the other hand, having crypto assets is now an advantage for Ukrainians and Russians because, despite the sanctions, they will be able to use their assets during this war.

[JeffBrad12]

it seems to me that many people moved to the crypt and apparently this became the starting point for a takeoff, and the market quickly stabilized.

They are feeling panic and it can be seen from the pump that happened with bitcoin a few days ago and then it's going down again right now. The fact that people are using crypto as a way to transact their money during the war. Remember that the war didn't make the internet become dead and this is also making people are still able to access bitcoin to store their value but yeah it goes down again right now.
How weak is the bitcoin support for now? It can't even hodl above 40k.

In any case, war is bad, and it will not lead to anything good.

No one was hoping the war to happen except those are so greedy bastard to take any resource that available in another country for their own purpose.
We are only supporting the peace

[MAAManda]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

I once discussed this with some of my friends in one of the crypto groups on Telegram, this war between Ukraine and Russia had a huge impact not only on crypto but the economy as a whole, some time after Russia entered the Ukraine zone, there were a lot of assets in the stock market which is decreasing in value and it has an impact on the crypto market as well due to negative issues and some sentiments.

There is one opinion from my friend that I really like to hear, this is his opinion "Once the issue of war spreads, you must quickly buy oil and gold stocks, because only these two things are very valuable later when the war occurs".

A reasonable opinion in my opinion, besides, just imagine, if war broke out and nukes were launched? I'm not sure the electricity will still exist, this will have an impact on the Bitcoin network and other altcoins right?

[Reid]

Yeah, there were a lot of donations made in cryptocurrencies and I think that caused an impact with the market that made Bitcoin rise for a moment.
Then, it clears back to 38k which means the cryptocurrencies might have been being withdrawn and putting to good use. It's okay, a good change on why the market moved and not because a whale manipulates it. I have no strong proof but all eyes are on it.
Anyway, I was glad they thought about cryptocurrencies being used for donations and now the world knows it could be done in a safer method and there's not a need for a middleman.

[franch]

First of all, nobody gets advantage from a war. It impacts everything. If we want to talk about cryptos, this war will heavily effect crypto market. And I think it has already started to effect the market. A lot of people lost money. A lot of coins have decreased in value these days Both Russia and Ukraine have a good part in crypto market. Can you guys imagine that they all withdraw the coins they have? It would heavily effect the market. They should stop the war. It will effect badly not only the crypyo market but most importantly the life in all aspects.

[ije07]

As long as they can still use the Internet, I think it's still very safe because this war is still within the scope of their country and the sanctions imposed on Russia will probably not have a big effect on the Crypto market because there are still many decentralized markets even the prices started to rise at the beginning of this month even though at this time there is a correction going on and the price will probably strengthen again at the end of this week and hopefully the war will end soon and start a normal life.

[lobo13hf]

It is hoped that in the future, if this war lasts for a long time, the condition of the market can be seen more.

I hope this will not going to happen, it caused by if the war can make the world will be going to another crisis. You can imagine if the war will be everywhere and you have no place to access internet and it will be going down as well. I must try to remind you that. When the world is on the war and you have no safe place to hide from the bomb.
As ordinary people and what we can do to pray for the war to be stopped. If the war gonna be a long term war and the world will be face another degradation for sure.

[Blowon]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

So far it hasn't had much impact on price developments, because the cryptocurrency only experienced a slight correction and then rose again high as if we were facing a normal day.
However, in the two countries that are currently at war, they really need cryptocurrencies because of the difficulty of financial flows into their countries.
Ukraine received donations of at least more than $10 million in cryptocurrency for their country.
Russia may not be seen using cryptocurrencies now, but in the long run they need cryptocurrencies to help restore their economy and also help track their financial transactions because currently Russian fiat cannot enter or leave their own country.

[Rasa nanas]

The war going on in Ukraine not only has an impact on the crypto market but also has an impact on the world economy because Russia is the largest oil supplier in Europe, and sanctions imposed by many countries such as the UK and France are making things worse. especially now that the war in Ukraine has also spread to the world of football and Russia is in danger of not being able to play in the world cup which will be held in Qatar. Many crypto investors are from Russia and even the inventor of ETH is also from Russia, if the blocking really happens it will certainly have a bad impact on the crypto market. I just hope the war in Ukraine ends quickly and doesn't spread to the crypto world.

[jrrsparkles]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

Bitcoin and other cryptocurrencies showed green movements but not too huge like reaching new heights or entering into the bullish cycle but it helped from recovery of dip before that.

Economies were falling especially Russia but its not going to end there soon the fuel prices are going to shoot in many countries because Russia is the main exporter of Natural gas in the world and if the posses Ukraine then definitely they're going to decide the price.

[Henrobakkara]

.... With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well.

It's not "could have" since it's already happening. You could see how Russia is retaliating against countries like Germany.

The effect of this ongoing conflict on crypto has been positive so far. Both countries have become friendly to cryptocurrencies prior to the attack. Russians probably converting their assets to BTC to avoid freezing while Ukraine accepting dknations without third party interference.

I don't really think that both countries are becoming friendly with cryptocurrencies, maybe Ukrain but it doesn't seem the same to me for Russia because I read from a link posted in this forum maybe 2 days ago which I saw this from the Russian Authority "The use of digital currencies as a means of payment on the territory of the Russian Federation will continue to be prohibited." , "The Central Bank, in turn, proposes to ban both mining and circulation of cryptocurrencies in the Russian Federation." and both these quotes were from march 03, 2022 however this might not mean that individuals might not be trying to use crypto or Bitcoin as a way out.

[fzkto]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

There are several things that both Russia and Ukraine can do, if sanctions are imposed by NATO and its allies, including the impact on crypto.
First, Russians and Ukrainians buy crypto as savings.
Second, the people of Russia and Ukraine buy gold for savings.

The first thing Crypto will do will have a positive impact on skyrocketing prices.
The second thing to do Crypto is down further, excuse, selling crypto buying gold.

It seems to me that this war may not affect all economies in the best way. I won't say anything about the Russian stock market - it's dead. But if there are conflicts with NATO, the American market will be in for a storm. And if the US stock market collapses, bitcoin will go down, too. Right now, cryptocurrency is not a savings vehicle, but a handy tool. For example, Russia has imposed restrictions on the export of currency from the country. You can buy crypto and take it out even just on your smartphone, and no one will notice. By the way, I think this war started for a reason. The big guys are now sharing a big piece of the pie.

[Jackl87]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

The first impact on the crypto market was definitely a negative one as the whole market went down around 10% or so all of a sudden once the news broke that Russia really started to invade Ukraine. I guess no one or at least only a small percentage of people really expected that it would come to this and therefore all the financial markets to a big blow that day and the traditional stock markets still suffer from that. The crypto market started to move upwards though only one or two days after the start of the war as it became obvious that with all that sanctions that are being declared against russia you can not really stop the crypto market to function.

[Renampun]

The impact of this war was far-reaching. almost all sectors will get the effect of this war.
the crypto market is certainly experiencing the impact of the war that is happening. we'll see at the beginning of the war all
coins in crypto experienced a very significant decline. I hope that this war ends, there is nothing more beautiful than peace.

at the beginning of the turbulent war, the crypto market experienced a decline but now the crypto market has started to grow again...

the war between Russia and Ukraine will not cause the price of bitcoin and other altcoins to fall for a long time, chaotic conditions are often used by whales to make big profits. my only big hope now is to see these two countries enter into a truce, there is nothing to gain from war.

[Pasa32]

I also hope so, War will bring a lot of destruction all over the world. It will impact highly the crypto market, stock market, and also other markets. I hope there will be peace soon.

[fullhdpixel]

The war going on in Ukraine not only has an impact on the crypto market but also has an impact on the world economy because Russia is the largest oil supplier in Europe, and sanctions imposed by many countries such as the UK and France are making things worse. especially now that the war in Ukraine has also spread to the world of football and Russia is in danger of not being able to play in the world cup which will be held in Qatar. Many crypto investors are from Russia and even the inventor of ETH is also from Russia, if the blocking really happens it will certainly have a bad impact on the crypto market. I just hope the war in Ukraine ends quickly and doesn't spread to the crypto world.

It's okay if it had an impact because the impact is not only negative but it also has a positive impact because it allows them to realize how important crypto is, during that situation. Aside from the oil, Russia is also said to be the biggest supplier of metals that is used for chip making, the one that is used by computers and gadgets. This is going to affect both industry.

The sanction that  are given to Russia is wide that even the sports or the athletes are also affected because they are now banned in competing to other countries. I don't think there is a blocking of cryptos in Russia but in fact Russians now were encourage to donate some cryptos in Ukraine because they are also against this war.

[crzy]

I also hope so, War will bring a lot of destruction all over the world. It will impact highly the crypto market, stock market, and also other markets. I hope there will be peace soon.

We believe before that cryptocurrency will be the safe haven if there’s a war, now we are all wrong because cryptomarket is also affected, and can’t rise that much because some investors are also afraid to buy more. We all want peace, Russia is encouraging Ukraine to stop fighting and they will only leave Ukraine if their teams are being met. Hoping for a good solutions here, war is really affecting every market.

[kryptqnick]

yes, I also hope that the war ends soon, it does a lot of damage.
however, because of the crisis and the blocking carried out by high-ranking state officials against Russia, this is where crypto plays a role. many people support one of the two countries. crypto can be a solution so that they don't get an economic crisis. in addition, crypto transactions can also be decentralized, so people can make transactions safely and quickly. however, crypto's role in this could be positive. well, people are donating crypto to prevent anything worse from happening there.

Cryptos can't save the world, they can't be a solution to every economic problem and can't save economies. It's just a simple truth we must accept. But cryptos can help people move their wealth into something if their own currency is exploding (like ruble seems to be), and, if cryptos are used for the right things, donations can help bring the end of the war closer. And while people use cryptos to either save their money or to make donations from all over the world easy (like the Ukrainian government does now), it's also good for the crypto market because the demand for cryptos grows.

[strunberg]

In my opinion, if we read and observe the current situation, even though it is still in a state of contention, it is accepted that it has disrupted crypto a bit, but not significantly. The sanctions imposed on Russia will not have a direct detrimental impact on cryptocurrencies and investors wait and see also seek alternative ways to invest in the two countries in order to be secure and grow.

we will see EU will gonna do, if they applied saction to rusia and give an order CEX to suspend rusian account , i am doubt bitcoin price will able to stable or even rise. Binance already give statement regarding this and maybe another CEx will follow. we face uncertain condition war finished.

I also hope so, War will bring a lot of destruction all over the world. It will impact highly the crypto market, stock market, and also other markets. I hope there will be peace soon.

world must have peace soon, we have been face too many problem and alot countries have conflict interest.

[Vaskiy]

I also hope so, War will bring a lot of destruction all over the world. It will impact highly the crypto market, stock market, and also other markets. I hope there will be peace soon.

We believe before that cryptocurrency will be the safe haven if there’s a war, now we are all wrong because cryptomarket is also affected, and can’t rise that much because some investors are also afraid to buy more. We all want peace, Russia is encouraging Ukraine to stop fighting and they will only leave Ukraine if their teams are being met. Hoping for a good solutions here, war is really affecting every market.

Considering the fiat inflation, bitcoin is surely the safe haven. With the mass adoption around the globe crypto market is getting unified with the global market. This is the reason why the cryptomarket too is getting impacted out of the war. This won't be the scenario everytime, days back the market bounced unlike the world market. So, we can't come to a conclusion bitcoin too not the best safe haven.

[evichi]

Ukraine and Russia war have brought up financial issues which are really critical. The has brought up the main purpose of creating Bitcoin - 'Be your own bank'. Satoshi saw the need of being in control of your funds long time ago - where third parties will not have access to your funds, and the funds are secure. This issue is playing out in the current Ukraine/Russia war. Putin have notified that no one leaves Russia with more than $10,000.00 (https://www.usnews.com/news/world/articles/2022-03-01/putin-bans-cash-exports-from-russia-exceeding-10-000-in-value-kremlin). That means anyone with more than that will relinquish any amount above that to the government, But anyone that have Bitcoin in his/her wallet, should be in control of their funds. US Senator, Elizabeth Warren says she dislikes Bitcoin (https://steemit.com/bitcoin/@jondoe/elizabeth-warren-strongly-dislikes-bitcoin-and-that-means-it-s-doing-what-it-s-supposed-to). Bitcoin is now playing a role as regards the financial issues of Ukraine/Russia war.

[Vinaa77]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

It is not clear that this case can have a broad impact on crypto, the proof is that there has not been a single coin that has fallen so sharply in terms of buying and selling value, indeed the issue being faced now is bigger, namely this war will have a major impact on the journey of crypto. But do we know that crypto is used to the conditions that are happening now, isn't war already happening in other countries before, but the effect on crypto is not that big, I'm still optimistic that this problem will not have much impact on crypto travel in general, even in small cases.

[X-ray]

According to data from CryptoCompare, Bitcoin trading denominated in the Russian rouble went into overdrive when the invasion began on Thursday. Daily volumes rose 259 per cent from a day earlier to 1.3 billion rouble or $13.1 million.

People in russia was massively converting their assets into the cryptocurrency. The ban to the russian bank has been giving a serious impact to the price. I was not even getting surprised if there was a huge pressure to the crypto market as the crypto exchange site denied to comply with the some sanctions that already agreed by some countries. The daily volume was surging a lot due to the panic buy from russian but it was slowly going down again.
Crypto has proven if it can be a safe heaven for people to save their value from the war. We know that so well if the war will be destroying everything and this must become the main concern for anyone in here.
That's why people wanna see peace

[Ozero]

It is hoped that in the future, if this war lasts for a long time, the condition of the market can be seen more.

I hope this will not going to happen, it caused by if the war can make the world will be going to another crisis. You can imagine if the war will be everywhere and you have no place to access internet and it will be going down as well. I must try to remind you that. When the world is on the war and you have no safe place to hide from the bomb.
As ordinary people and what we can do to pray for the war to be stopped. If the war gonna be a long term war and the world will be face another degradation for sure.

The international sanctions imposed on Russia are so multifaceted and destructive that they will soon throw this country back in economic development many decades ago. Despite the sanctions, Putin does not want to give up his intention to take over Ukraine, and Ukraine has no other choice but to defend its sovereignty. If Putin is not overthrown in Russia itself in the near future, then the war will drag on for a long time and Russia will eventually be a poor country. The United States, Europe and other developed countries will help Ukraine recover, and Russia will still have to pay hundreds of billions of dollars to Ukraine as compensation for the losses it has caused. Many more generations of Russians will have to pay for Putin's adventure, which the Russian people did not stop in time.

[lizarder]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

That's a small impact involving events/events on crypto's journey, even though in general crypto has no special relationship to these events, but because of the war that occurred in the two countries, it seems that crypto is in a very critical condition, even though if we look further, there is no the big effect of these events on the crypto journey now, so many issues that arise are not based on actual events, therefore I don't think the effect is that big

[nimogsm]

There are no problems with buying and selling cryptocurrencies in Ukraine, all banks are operating normally.In Russia, I am sure they will quickly find a solution to stabilize the current sanctions.There are a lot of people who got into trouble.I hope peace will come soon.

[mdzahed134]

I think the Russian economy is still normal because the government can do anything for the welfare of its people, crypto is an important part of cross-border transactions, this is what is happening at the moment.

Right now 1 USD= 133 Russian Rubel but in Feb it was 76 Rubel equal to 1 USD, You see this war how an impact in the russian economic. Because their are several banks and in the others institutions got a few sanctions by USA and others countries. So many people’s will go to convert their native currency to crypto when see such big inflation.

[gurunanakji777]

The war impact would be very much on both country peoples. We all hope war should be end soon because war is not the solution to any issue. Currently, there is huge pressure on Russia due to sanctions. I believe Impact is inevitable across the world not only on cryptos. Yes, the crypto donation is also for Ukraine I read too.

[lizarder]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

That's a small impact involving events/events on crypto's journey, even though in general crypto has no special relationship to these events, but because of the war that occurred in the two countries, it seems that crypto is in a very critical condition, even though if we look further, there is no the big effect of these events on the crypto journey now, so many issues that arise are not based on actual events, therefore I don't think the effect is that big

Let's see together what will happen in the near future.  hopefully it will have a good impact because what we know together with the opening of donations through the cypto channel can add insight into crypto which is increasingly widespread throughout the world and countries that previously did not accept crypto can change their minds to accept it

Yes, that's right, we hope that this case will recover quickly and return to normal as before, although the effects are not too big, but we also can't maximize investment for now, for crypto acceptance issues or not in certain countries, I don't think it's a problem, because the most important thing for us right now is that the market is back in the green, because the impact of the correction has been on the market for so long, that many coins are not moving at a better price

[MarjorieZimmermanGinger]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

For me it doesn't have a big impact on the war that is going on between Ukraine and Russia, because even if the market can be affected by the case that has happened to these two countries, I can buy potential coins for now, but the problem is bitcoin in particular is going for the better. in these two days, that means the war effect between the two countries will not have much impact in my opinion

[pkersey]

In the short term as always is the case, totally random. Long term, I think it gives bitcoin more value as a reserve currency since it can't be cancelled. The US I think is hurting the USD long term by trying to "cancel" russia b/c it means a large country is no longer on the demand side of buying USDs and will likely never trust the USD again.

[Ureung jameun]

What is the impact of the current Ukraine and Russia war on Crypto?  With so many sanctions being launched against Russia, it could have a huge impact on the economies of both countries and possibly other countries as well. I have read before that there are Ukraine who accept donations via crypto and there is news of a ban on freezing Russia user accounts.  I hope the war ends soon, peace is beautiful

I'm not sure if the war between Russia and Ukraine will have a big impact on the crypto market, and don't worry too much about the exchange rate dropping in the crypto market. and I also think otherwise with the imposition of economic sanctions on Russia by various countries in the world, Cryptocurency is a safe way to store assets.

[whiteblue]

I'm not sure if the war between Russia and Ukraine will have a big impact on the crypto market, and don't worry too much about the exchange rate dropping in the crypto market. and I also think otherwise with the imposition of economic sanctions on Russia by various countries in the world, Cryptocurency is a safe way to store assets.

The impact for cryptocurrencies will indeed not be large with the issue of war between Russia and Ukraine because it has nothing to do with it even though some investors at that time began to withdraw their assets in the market before they put them back in at this time because it was clearly safe but the investors investors also need to find a safe country for them to live in so that it is easier to invest.