Russia Invades Ukraine: Impact on the Markets
Here's a roundup of our news and analysis on Russia's invasion of Ukraine and its impact on crypto markets and the digital-asset industry.

(All times in coordinated universal time or UTC.)
Feb. 28
18:50 Crypto Donations Are About More Than Censorship-Resistance
13:54 First Mover Americas: Bitcoin Shows No Signs of Panic Even as Worst Case Scenario Looms
12:51 US Treasury Prohibits Transactions With Russia's Central Bank
11:31 Ukraine Government Is Using Crypto Aid to Purchase Critical Supplies
11:06 Russia-Ukraine Peace Talks Start in Belarus
8:54 Russia Banks Raise Key Rates by 20% in Desperate Measure to Save Ruble
7:42 Central Bank of Russia Braces for Turmoil With Non-Resident Trading Ban
7:40 Ukraine Asks Exchanges To Freeze Russian, Belarusian Crypto Accounts
6:28 Ruble-Denominated Bitcoin Volumes Surges to 9-Month Highs
5:33 Crypto Donations to Ukraine Near $10M
Feb. 27
21:09EU Plans €500M Weapons, Aid Package for Ukraine to Help Repel Russian Invasion
19:53New DAO Raises $3 Million in ETH for Ukrainian Army
17:36Elon Musk Steps Up to Save Ukraine's Internet, but Details Are Sparse
15:35Putin Puts Russia Nuclear Forces on High Alert Following Sanctions
Feb. 26
19:30EU Close to Cutting Russia Off From SWIFT Over Ukraine Invasion
19:14Ukraine Mounts Effort to Surveil Russian Politicians’ Crypto Wallets
16:58Ukrainian Government Is Seeking Crypto Donations
Feb. 25
23:51US Sanctions Russian President Vladimir Putin
22:55Former CFTC Chair Giancarlo on Russian Sanctions, CBDCs and Dollar Hegemony
21:22Market Wrap: Cryptos and Stocks Rise on Possibility of Russia-Ukraine Talks
19:47Apolitical Crypto Networks in Times of War and Crypto
19:20ECB Wants Quick Action on Crypto Regulation Following Russian Sanctions
16:21Patreon Removes Ukrainian Charity Raising Military Aid Over Policy Violation
10:38Ethereum Mining Pool Flexpool Halts All Services to Russia in Wake of Ukraine Invasion
8:56Short Positions See $143M in Liquidations as Bitcoin, Ether Gain 10%
Feb. 24
23:29 15 Key Economic Questions After Russia Invades Ukraine
21:26 Market Wrap: Bitcoin Stabilizes Amid Geopolitical Uncertainty
20:55 People Are Sending Bitcoin to Aid Ukraine's Military as Russia Advances
20:32 Major Reversals From Overnight Action Continue Following Biden Sanction Remarks
19:37 President Biden Announces Technology Export Controls, Bank Sanctions Against Russia
19:35 Bitcoin Price Drop on Russia's Ukraine Invasion Suggests It’s Not ‘Digital Gold' for Everyone
18:20 US to Expand Sanctions Against Russia After Ukraine Invasion
17:22 Tether's USDT Stablecoin Well Over $1 on Ukrainian Crypto Exchange
16:27 Bitcoin Selling Intensifies; Support at $30K Could Stabilize Correction
13:59 First Mover Americas: Traders Prefer Gold, Fiat Safe Havens Over Bitcoin as Russia Goes to War
13:47 Pain Ahead for Major Cryptos on Ukraine Crisis, With Bitcoin Seen Less Risky by Some
13:28 Cardano’s ADA Dives 18%, Leading Plunge in Cryptos as Russia Begins War With Ukraine
13:04 Russia to Restrict Crypto Trading to Licensed Platforms, Certified Wallets
9:55 Crypto Market Capitalization Slumps to $1.5T as Russia Attacks Ukraine
9:07 Ukraine Central Bank Suspends Use of Electronic Money Following Russian Invasion
7:44 Bitcoin Falls 7% as Russia Invades Ukraine; Experts Say Fed U-Turn on Rate Hikes Unlikely
6:27 Crypto Sees $242M in Liquidations Within Hours Amid Russia-Ukraine Crisis
4:00 Bitcoin Crashes More Than 7% in 24 Hours as Putin Announces 'Special Military Operation' in Ukraine
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Coinbase Sees Crypto Recovery Ahead as Liquidity Improves and Fed Rate Cut Odds Climb

The crypto exchange also took note of a so-called AI bubble that continues to go strong and a weaker U.S. dollar.
What to know:
- Coinbase Institutional is seeing a potential December recovery in crypto, citing improving liquidity and a shift in macroeconomic conditions that could favor risk assets like bitcoin.
- The firm's optimism is driven by rising odds of Federal Reserve rate cuts, with markets pricing in a 93% chance easing next week, and improving liquidity conditions.
- Several recent institutional developments, including Vanguard's crypto ETF policy reversal and Bank of America's greenlighting of crypto allocations, have contributed to bitcoin's rebound from recent lows.











