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Cryptocurrencies must die
Bitcoin had gone from around USD 4,000 to USD 64,000, a sixteen fold increase, in 20 months. Other cryptocurrencies had even more ridiculous price increases in the same time period – Ethereum had a 50 fold increase, Solana 500 times, and LUNA had a 1,000 times increase. Now, these cryptocurrencies are crashing down.
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Cryptocurrency: a new and dangerous climate disruptor
The get-rich-quick scheme, banned in China and elsewhere, is invading U.S. communities unchecked, posing as an “equalizing, democratizing” currency. It’s not.
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China’s crypto crackdown spreads to Qinghai and Xinjiang
Last month, the two regions were warned about missing energy intensity reduction targets.
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After inner Mongolia Bitcoin ban, Sichuan mulls mining shutdown
Will the province, rich in hydropower, change its welcoming stance toward cryptocurrencies?
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As China pursues a green future, Bitcoin miners feel the squeeze
Chinese cryptocurrency businesses mine two-thirds of all Bitcoin. But for how long will they remain welcome in the country?
