What is a "Cryptocurrency Feature Has Gone"? The Most Authoritative Explanation.

What is a "Cryptocurrency Feature Has Gone"? The Most Authoritative Explanation.

What's going on with cryptocurrencies?

Cryptocurrencies have hardly been immune. Since Bitcoin hit an all-time high in November, the value of the world's most popular digital currency has fallen by about 70%, and its rivals are also suffering. Ether is down by around 70% this year, and so is Dogecoin.

What happened to cryptocurrencies in June?

In June, a cryptocurrency lender, Celsius, was forced to stop customer withdrawals. And a hedge fund that made big bets on the crypto markets slid towards liquidation. Crypto investors and firms that had made bets on the crypto market using digital assets as collateral were forced into a selling spree.

Which cryptocurrencies went bankrupt in 2022?

The crypto hedge fund Three Arrows Capital (3AC) was the first major crypto firm to go bankrupt in 2022, brought down by the collapse of cryptocurrencies Luna and TerraUSD in May.

Is crypto going mainstream?

Crypto has entered a new phase of its existence: It’s gone mainstream. As investors, that means we need to start asking different—and sometimes harder—questions. Here’s what I mean. For much of the past decade, crypto stayed at the fringes of the investment universe. It was a joke, or worse.

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