National bankruptcy in bitcoin fever?

National bankruptcy in bitcoin fever?

Bitcoin is a legal tender in El Salvador. President Bukele sees the cryptocurrency’s recent fall in value as a bargain-buying opportunity. That’s risky – because the country is threatened with national bankruptcy. A small queue has formed in front of Alexander’s stand. He sells ice cream on El Zonte beach. The Bitcoin symbol is emblazoned on his…

Why cryptocurrencies are crashing right now

Why cryptocurrencies are crashing right now

The Bitcoin and other cryptocurrency collapses have wiped out hundreds of billions of dollars. Risk-taking investors say: Now is the time for a new entry. Randi Zuckerberg hasn’t stopped singing about cryptocurrencies. In a video released a few days ago, Facebook founder Mark Zuckerberg’s sister sings an ode to the cryptocurrency Ethereum. But the bitter reality…