Sometime later this year, ethereum is set to make the biggest change in its near-decade history. The most important commercial highway in crypto is about to be completely repaved.
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Bitcoin on Tuesday held ground just below its highest this year, touched a day earlier, with gains for the original cryptocurrency topping 27% since Russia’s invasion of Ukraine.
Bitcoin is about to face a fresh onslaught over its damaging environmental footprint.
Crypto assets are advanced tools of globalisation that work in complex, well-functioning markets. They’re not protections against the depredations of hostile governments.
Promoted | The conflict over Ukraine has shown us that property ownership is not what we thought it was.
Bitcoin’s been known to freak out when Elon Musk tweets a broken-heart emoji. So why isn’t it flying off the handle as we seem to stand on the precipice of World War 3?
Crypto has traditionally been user-agnostic. But there’s a bigger dose of reality here for its utopian narrative of “borderless” and “stateless” money as bombs rain down on Europe’s doorstep.
Bitcoin has leapt since Russia’s invasion of Ukraine, bolstered by people in those countries looking to store and move money in anonymous and decentralised crypto.
Bitcoin tumbled to its lowest in a month on Thursday after Russian forces fired missiles at several cities in Ukraine.
Bitcoin miners are feeling the heat – and the pain’s rippling downstream to pressure prices.