Bitcoin Touches Extreme Fear, Cathie Wood Teaches CNBC How To Zoom And Swiss Banks Help Criminals

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Cryptocoins slided further down on Sunday after British Prime Minister Boris Johnson hinted that Russian firms would be stopped from *“trading in pounds and dollars,”*which would lead to catastrophic falls on international stock markets for these companies.

As such, and given the growing threat of a Russian invasion, the Bitcoin fear and greed index slipped slowly towards Extreme fear. By Monday morning, as a possible ceasefire was announced, Bitcoin is trading around 39k.

Bitcoin Maxi learns to Zoom

Bless eternal Bitcoin Maxi Cathie Wood and her ARK Fund for unrelentlessly investing into fintech and crypto related companies of course. Even though Miss Wood (who rose to global prominence by becoming the best stockpicker in the first months of the pandemic) has known some less fortunate months as of late, she is still very bullish when it comes to all things crypto and Bitcoin in particular.

Earlier this week she bought additional shares in Coinbase, Robinhood and Square (now Block), all companies that are trading at quite low prices.

CNBC may have a 40 minute time horizon, but ARK’s is 5 years. Thanks for having us on @CNBC, we’re happy to pay for your upgraded Zoom account. You can’t be a knowledge worker without it! 😉 pic.twitter.com/d3u6d66oLN

— ARK Invest (@ARKInvest) February 17, 2022

The only hiccup was that CNBC clearly didn’t know how to take out a full Zoom license, as the interview had to be cut short after 40 minutes. ARK made fun of their mistake afterwards.

Swiss banks hide money for criminals

Although the MSM (mainstream media) likes to point out whenever Bitcoin or other crypto coins go up that a small portion of trade in digital currencies is being done by criminals, we feel that next time they’ll do so an obligation to also mention Credit Suisse will kick in.

The Swiss banking giant is accused of holding the money of autocrats and criminals this weekend, and it’s accounts include, according to the Guardian:

A human trafficker in the Philippines, a Hong Kong stock exchange boss jailed for bribery, a billionaire who ordered the murder of his Lebanese pop star girlfriend and executives who looted Venezuela’s state oil company, as well as corrupt politicians from Egypt to Ukraine.

Some 30,000 Swiss accounts with questionable owners were uncovered. Ooops.

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