UBO: Ukraine had its problems with inflation back in the early to mid-1990s. But what Ukraine suffered was at its worst not anything near what Venezuelans are experiencing today.

Analyst: “…given Naftogaz’s recent string of successes in its court battles with Gazprom, such an initiative could increase Naftogaz’s value in the mid-term. Meanwhile, now it’s more important for the Ukrainian company to secure Gazprom payments under the completed Stockholm litigation.

 

Evaluating the exponential growth of Bitmain, analysts at Bernstein Research said that Bitmain has been able to make as much money as Nvidia, one of the biggest chip makers in the world, in less than four years, while Nvidia took 24 years to secure $3 billion in profit.

 

Photo: Bitmain launched its latest series of bitcoin miners earlier this year. 

On the LSE Ukraine’s most widely held and traded stock, Ferrexpo (FXPO LN), declined 2.8%, finishing the week at a 5.8% drop and reaching its one-year low.

Potential factors that may have impacted the price spike include so-called crypto “whales” choosing this moment to place large buy orders for Bitcoin.  

 

The team are calling the new initiative “Ethereum 2.0,” which they describe as a very ambitious project that will likely be rolled out over several years despite being just a single, albeit complex, design. 

 

 

Vitalik went on to predict that in terms of trading cryptos for other cryptos, DEX solutions will someday become the most desirable because they offer a simple and straightforward user experience devoid of registration, web interfaces and account openings.

 

BTC currently has a $113.4 billion market cap, which translates into a 42.5 percent share of the overall market.

Ukraine’s most widely held stock, Ferrexpo (FXPO LN) rebounds, gaining 2.3% on the LSE

 

 

The evident difference in market structure and regulatory certainty surrounding cryptocurrencies as an emerging asset class will prevent bitcoin from falling to $2,000 to $3,000. But, a range between $5,000 to $6,000 is more likely. 

 

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