NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Buterin Says “Ethereum Is Neutral, But I Am Not” In Condemnation Of Russia’s Attack

Anifowoshe Ibrahim
Anifowoshe Ibrahim
3 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Minutes after Russia announced a “special military operation” in Ukraine, effectively declaring war on the Eastern European country, Vitalik Buterin, a Russian-Canadian cofounder of the Ethethereum B blockchain, criticized Russian President Vladimir Putin on Twitter.

Buterin Speaks Out

Buterin said on Wednesday evening that he was “very upset” by Putin’s choice to start a war instead of finding a peaceful solution to Russia’s issue with Ukraine.

Vitalik wrote in Russian on Twitter:

“Very 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,” the Russian-Canadian crypto co-founder wrote, concluding his statement with “Glory to Ukraine”.

Reminder: Ethereum is neutral, but I am not.

— vitalik.eth (@VitalikButerin) February 24, 2022

On Wednesday evening, CNN reported a “constant stream of explosions” in multiple Ukrainian towns, including Kyiv, the country’s capital, and Kharkiv, the country’s second-largest city. “Subways are packed, streets are also, people [are gathering] with loved ones and [trying] to flee,” Oleksiy Sorokin, a correspondent for the Ukrainian outlet Kyiv Independent, tweeted. The Ukrainian State Air Traffic Services Enterprise declared on its website that Ukraine has also closed its airspace to civilian planes, citing the considerable threats to aviation safety in the current situation.

Buterin has spoken out on a number of occasions about philosophy, geopolitics, and the use of blockchain technology for “public goods” such as scientific research, news dissemination, and the reduction of various hazards to humanity.

Related Reading | Ruby on Rails Creator Backtracks As He Expresses Support For Crypto

Crypto Market Tumbles

Following Putin’s announcement, cryptocurrency prices plummeted. Bitcoin prices declined 3.8% to $35,031.86 on Thursday morning, while Ethereum prices plummeted 5.2 percent to $2,388.98. Over the past week, Bitcoin has dropped roughly 20%, while Ethereum has dropped 22%, undermining the premise that cryptocurrency values can withstand geopolitical crises that wreak havoc on traditional financial markets.

Stablecoins such as USDT, BUSD, and USDC, on the other hand, saw their values rise somewhat on the day. Stablecoin trading volumes have been soaring as demand for safe haven assets has risen.

ethereum buterin

ETH/USD trades at $2.5k. Source: TradingView

Apart from the cryptocurrency sector, the stock market has also plummeted, while oil prices have risen. The Russian stock market has plummeted to its lowest point since 2016. The price of oil has climbed from $60 to above $100 per barrel.

Geopolitical concerns are likely to persist for some time, putting downward pressure on these higher-correlation digital coins. As a result, investors should include heightened volatility in their calculations before considering Ethereum at this time.

Related Reading | Crypto Winter or Not, Here’s Why Index Trading Can Help Spread the Risk

Featured image from Unsplash, chart from TradingView.com
Tweet123Share196ShareSend
Anifowoshe Ibrahim
Anifowoshe Ibrahim

Anifowoshe Ibrahim

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Ethereum at Risk? Whale Activity and On-Chain Signals Hint at Further Correction

Ethereum Wave Count Predicts Price Crash To $1,800 — But $6,000 Is Still In Play

Ethereum is still struggling below $3,000 despite the Bitcoin price sitting close to all-time highs. At the current levels, Ethereum...

Scott Matherson 1 day ago
ethereum

Ethereum Approaches Wyckoff ‘Liftoff’ Phase – Can ETH Reach A New High?

Ethereum (ETH) is up 4.2% over the past seven days, trading in the mid-$2,500 range at the time of writing....

Ash Tiwari 1 day ago
Ethereum

Ethereum Price Targets $3,000 As Analyst Calls It A ‘Powder Keg’

The Ethereum price is flashing major upside signals as on-chain and market activity align toward a potential breakout to the...

Scott Matherson 2 days ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Ethereum

Ethereum Ready For Explosive Breakout: $5,791 The Minimum Target–Analyst

Scott Matherson 5 hours ago
Ethereum Wyckoff Accumulation Hints At Explosive Q3 – $4K Level In Sight

Ethereum Wyckoff Accumulation Hints At Explosive Q3 – $4K Level In Sight

Sebastian Villafuerte 18 hours ago
Ethereum

Ethereum Price Stuck At $2,500: Analyst Says Don’t Trade Until This Happens

Scott Matherson 1 day ago

Premium Sponsors

Press Releases

  • Make $8,000 a day in stable passive income easily –...

    7 hours ago
  • SunnyMining——A passive income tool that allows ordinary...

    8 hours ago
  • Cryptocurrency is the best way to get rich quickly, easily...

    23 hours ago
  • XRP Cryptocurrency × Dogecoin Mining: HASHJ launches...

    1 day ago
  • Koja kriptovaluta ima veći potencijal za stvaranje milijunaša XRP ili Shiba Inu

    Koja kriptovaluta ima veći potencijal za stvaranje...

    1 day ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.