In November 2021, Bitcoin was above $68,000. In 2022, as the year draws to a close, Bitcoin is under $18,000, its market cap is one-third of a trillion & the entire crypto market is worth $850B. Let's go down on the throwback road 🛣️
In a year when Bitcoin, miners and the crypto community broadly had been getting more than a little negative press, the world's biggest asset manager, BlackRock, gave itsAnd this is why: "Our institutional clients are increasingly interested in gaining exposure to digital asset markets and are focused on how to efficiently manage the operational lifecycle of these assets."
on Aug. 15 as inflation came in at 8.3% in the U.S. rather than the 8.7% analysts were expecting — the first pleasant surprise of its kind in quite a while. a total of more than $60,000 in Bitcoin to damage a colleague's hand and inject his wife with heroin to stop her from divorcing him. Which led a U.S. attorney to generalize crypto as a tool of violent criminals.
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