Another bad week for bitcoin could be a precursor of more pain to come, according to strategists watching the selloff in cryptocurrencies.
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Promoted | We all recognise the value in burning thousands of tons of fuel to test rockets that one day may go to Mars, so why do we have a problem with using energy to secure a truly global financial system?
Bitcoin slipped 4% on Friday after Tesla CEO Elon Musk was at it again — this time firing off a few tweets that appeared to lament a breakup with the cryptocurrency.
Dogecoin may not be the funniest joke of all time, but it’s probably the one with the largest market valuation.
Bitcoin slumped on Friday to its lowest this week, taking losses sparked by a growing crackdown in China and environmental concerns to almost 40% so far this month.
View the latest contribution from TechCentral cartoonist Jerm.
Promoted | With the recent pullback of the crypto market, many investors are now setting their sights on digital versions of traditional commodities like gold and silver.
Iran has banned the power-intensive mining of cryptocurrencies like bitcoin ahead of its peak electricity demand season, after soaring consumption contributed to blackouts in major cities.
As bitcoin attempts its latest price rebound after a 40% slump in three days, its long-term potential as an investable asset is becoming linked inextricably to its cost for the rest of society.
The gamification of finance is a worrying trend, and it’s not just restricted to buying and HODLing digital currencies. By Mark Gilbert.