Cryptocurrencies at crossroads after annus horribilis - Business
2022 has been a brutal reality check for an industry that kicked off the year with dreams of widespread mainstream institutional adoption.
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2022 has been a brutal reality check for an industry that kicked off the year with dreams of widespread mainstream institutional adoption.
By Tom Wilson, Medha Singh and Lisa Pauline Mattackal (Reuters) - Bitcoin staggered into 2022. It ends the year slumped in an alleyway, robbed of its ...
To borrow from Britain's Queen Elizabeth, 2022 is not a year on which the cryptocurrency world shall look back with undiluted pleasure.
The pre-eminent cryptocurrency has lost 60% of its value, while the wider crypto market has shrunk by $1.4 trillion, squashed by rising interest rates, vanishing risk appetite and corporate collapses.
The year that saw the demise of bitcoin is over, Sam Bankman-FTX, James Malcolm, mainstream, annus horribilis