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Cryptocurrencies

Bitcoin bruising continues after weekend’s wicked rout (Al Jazeera)

Bitcoin continued its slide on Monday, losing close to 5 percent after a brutal weekend that at one point saw the world’s most popular cryptocurrency lose more than a fifth of its value.

The selloff sent Bitcoin’s price and the amount invested in Bitcoin futures back to where they were in early October, before a massive price surge that sent the token to an all-time high of $69,000 on November 10.

Bitcoin bruising continues after weekend’s wicked rout | Crypto News | Al Jazeera

Categorie
Cryptocurrencies

Love them or hate them: Cryptocurrencies are here to stay (Al Jazeera)

Love cryptocurrencies or hate the very idea of them, they’re becoming more mainstream by the day.

Cryptocurrencies have surged so much that their total value has reached nearly $2.5 trillion, rivalling the world’s most valuable company, Apple, and have amassed more than 200 million users. At this size, it’s simply too big for the financial establishment to ignore.

Love them or hate them: Cryptocurrencies are here to stay | Crypto News | Al Jazeera

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China Cryptocurrencies

Law enforcement agencies explore legal punishment for crypto activities (Global Times)

China’s top law enforcement agencies are investigating crypto trading exchanges and mining activities, and exploring specific ways to convict and sentence those involved in illegal activities, according to media reports on Tuesday, following the country’s broad and strict ban on crypto transactions in September.

Law enforcement agencies explore legal punishment for crypto activities – Global Times

Categorie
Cryptocurrencies

Cryptocurrencies’ Next Stage (Aleh Tsyvinski, Project-Syndicate)

This “mainstreaming” of blockchain applications marks the end of the first stage of the technology’s development. Now, with the help of regulators in a range of countries, cryptocurrency is entering the next phase of its evolution: becoming an investable asset.

Cryptocurrencies’ Next Stage by Aleh Tsyvinski – Project Syndicate (project-syndicate.org)

Categorie
Cryptocurrencies

Cryptocurrencies, Digital Dollars, and the Future of Money (Anshu Siripurapu, CFR)

Cryptocurrencies, Digital Dollars, and the Future of Money | Council on Foreign Relations (cfr.org)