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TRENDS IN CRYPTOS

BLOCKCHAIN BATTLES

March 29, 2022March 29, 2022
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CRYPTOS MANAGING GAINS IN TIME OF WAR AND UNCERTAINTY. Research company Fundstrat confirms that venture capital in February and March has been pouring into crypto.
How much? In the four weeks from 8 February to March 7, close to 4.5 billion dollars.
The surge has come at a time when international investors are looking for areas they believe will ride out the economic and geopolitical damage surrounding the Russia Ukraine conflict.
But the resilience of the sector has individual investors and even those just wanting to preserve value making moves to cryptocurrencies as well.
As usual for the sector, Bitcoin and Ethereum have led the way. 
Other top 20 market cap cryptos such as Cardano (ADA), Solana (SOL) Polkadot (DOT), Algorand (ALGO), NEAR Protocol and Binance (BNB) saw significant upside, ranging from 15 to almost 30 percent over the past week.
A lot of the interest has been in backbone or “Layer One” networks that run crypto-incentivised apps (such as Defi apps, gaming and NFT trading platforms) on top of them.
Investors are noticing that the performance of Bitcoin and other established altcoin blockchains are again holding their value and even gaining in a time of crisis.
During the early days of COVID in 2020, Bitcoin saw a bump in price, though it didn’t reach its 2018 highs. 
In the post U.S. election turmoil in 2021, however, cryptos exploded, before settling and consolidating for much of the rest of the year.
There’s no telling how much of a short term bump will happen this time. This past Friday, Bitcoin bulls did prevail, liquidating a significant amount of short positions, which could now help sustain its price above 40-thousand.  
In the longer term, though, it can be more confidently predicted, as we have said in many articles, that blockchain technology and the cryptocurrencies that incentivise and sustain the networks will continue to innovate in the creation of a new “Web3” digital world.
See “THE CRYPTO ‘AGE OF UTILITY’ HAS JUST BEGUN” (12 Oct 2021) and “WHAT IS THE VALUE OF CRYPTOS AND BLOCKCHAINS?” (15 Jun 2021) for related info.
EU USES WAR CRISIS TO PLOT BAN ON NON-CUSTODIAL CRYPTO WALLETS. They sure aren’t letting the Russia Ukraine crisis go to waste.
The EU Parliament last week debated a measure that would attempt to ban individual users from holding their own seed phrases and crypto keys, commonly termed “Crypto wallets.”
It’s a disaster in the making, not just for the crypto sector, but for tech innovation that could literally save the world from the continuing ravages of a deeply corrupt international financial elite controlled economic system. 
The measure is part of an anti-money laundering (AML) regulatory package in the Economic and Monetary Affairs Committee.
The current language, according to crypto analyst Patrick Hansen of Unstoppable DeFi, would require crypto service providers to collect personal data related to transfers made to and from unhosted wallets.
It goes even further than laws recently passed by Canada and elsewhere concerning reporting requirements for centralized exchanges, which “host wallets” for users (ie., technically hold crypto in their custody).
In many cases it can be difficult, if not impossible, for centralized crypto exchanges and other crypto holding services to verify an “unhosted” counterpart, noted Hansen, according to cointelegraph.com.
Language in the bill specifying possible further measures if the law doesn’t or can’t succeed in its tracking goals appears to open the door to an outright non-custodial wallet ban.
The Pretense of Sanction “Good Intentions”
The EU measure is absurdly authoritarian, of course, and has much more to do with the international central bank money control system losing its grip on power, than “Russia Russia Russia!”
It comes from the same pols responsible for bringing the world disastrous COVID policies, and now to the edge of WWIII.
During COVID, profligate monetary inflation of central banks, coupled with a coordinated world shut down of “non-essential” (ie. mostly small and medium sized businesses), helped drive obscene amounts of wealth to the world’s elites, in the name of suppressing a likely government made virus.
Those policies have led to private corporations, now flush with hoarded cash literally buying out American real estate, snapping up promising businesses and more, as average citizens in the U.S. and the world over are feeling the weight of hyper-inflation.
It has led to bigs getting bigger, as Gerald Celente puts it, in almost every way, whether it’s Amazon controlling nearly half of online commerce, Google controlling much of web advertising and search functions, or Facebook and Twitter controlling human social interaction.
Those same elites are currently pressing for an escalation of war in Europe that is enriching a few, as wars always do, while devastating the bulk of a region, or in this case, the world.
The Trends Journal covers greed-and-power-mongering elite usurpations in virtually every issue.  Some recent touchstone examples include:

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