After almost two weeks of a bloodbath due to the bad news (and rumor of bad news) courtesy of the Chinese invasion, this week can be a little bit different. We have a good news coming from the big market of Russia where the government is now laying up the regulations for Bitcoin and cryptocurrency in general.

The China Effect can slowly be losing its potency and we might be seeing the Putin Effect filling the void. We just hope that the market would be reacting this way. That is why it is time to spread the news coming from Russia so we can forget that China for the meantime.