We have been in a fat-tailed environment for a while now, which means outrageous predictions are all less outrageous nowadays, so we make some for crypto.Crypto usually trades badly in risk-off markets, but lately, it's not been doing so badly with Russians flocking to them from the Rouble and their use in Ukraine donations.Bank runs in Russia highlight weakness of that particular fiat currency, and crypto is safer than other reserves because the government might appropriate them since their own reserves are frozen.Moreover, maybe crypto will be used by a force of traders in order to claim arbitrage in commodity brokering once sanctions get heavier on Russian exports.
Ethereum’s Pectra Upgrade Goes Live
