CNBC's Ran Neuner Claims Ongoing US-China Trade War Shows Need For Decentralization

  • {{ content.field_content_author|field_value|getauthorname|raw }}

    Onchain Capital CEO Ran Neuner took to Twitter in order to express his concerns over the escalating trade war between the US and China, the two economic superpowers

Cover image via U.Today

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.  

 

{{ content.field_content_author|field_value|getauthorname|raw }}

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

Recommended articles
EOS and Tron (TRX) Remain Top Coins in Chinese Crypto Rankings. What About BTC and ETH?

EOS and Tron (TRX) Remain Top Coins in Chinese Crypto Rankings. What About BTC and ETH?

China Shows Why Bitcoin (BTC) Is Important by Quarantining Its Banknotes

China Shows Why Bitcoin (BTC) Is Important by Quarantining Its Banknotes

Expert Claims Bitcoin (BTC) Price Directly Linked to Number of Coronavirus Cases

Expert Claims Bitcoin (BTC) Price Directly Linked to Number of Coronavirus Cases