Onchain Capital CEO Ran Neuner, who hosts CNBC Africa's “Crypto Trader,” took to Twitter in order to express his concerns over the escalating trade war between the US and China, the two economic superpowers. Neuner claims that crypto enthusiasts have to avoid low-spirits and continue “building.” As the US-China trade conflict intensifies, the Onchain Capital CEO claims that there is a need for a decentralized platform.
Some Twitter users supported his point of view, also claiming that the SEC rejecting Bitcoin ETFs is not crucial for cryptocurrencies since that would have only a short-term effect on BTC price. Earlier, Ethereum co-founder Vitalik Buterin and crypto evangelist Andreas Antonopoulos also stated that there was too much hype around Bitcoin ETFs.
Subscribe to U.Today on Twitter and get involved in all top daily crypto news, stories and price predictions!