Central African Republic has adopted bitcoin as an official currency, becoming the first country in Africa and only the second in the world to do so.
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Bitcoin is tipped to extend losses as investors shy away from risk assets amid a reassessment of the pace and magnitude at which the US is set to tighten policy.
Promoted | Avalanche, a smart contract blockchain similar to ethereum, was launched in September 2020 and has already climbed its way into the top 10 cryptocurrencies.
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.
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.