Bitcoin’s looking steady in 2023. But it’s only been a week.
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The salad days may be over, but a period of true advancement is now baked into the future of technology.
Bitcoin ends the year slumped in an alleyway, robbed of its cocktail of cheap money and leveraged bets, and shunned by the establishment.
Bitcoin should not be legitimised by regulators or financial companies as it heads for “irrelevance”, the European Central Bank said.
Bitcoin spiked higher on Wednesday in the countdown to a speech by US Federal Reserve chairman Jerome Powell.
Major crypto player Genesis Global Capital suspended customer redemptions in its lending business on Wednesday
Solana, a poster coin of the crypto future, is in trouble following the collapse of cryptocurrency exchange FTX.
Pick n Pay will soon allow its consumers to pay for groceries with crypto at 39 stores, and at all stores nationwide within months.
In putting together the Twitter acquisition, Musk has seemed to waver on his commitment to crypto.
The solution to environmental damage is to bring a halt to debt-fuelled consumption, not to point a finger of blame at bitcoin, writes Rob Price.