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Not Everything With a Blockchain Underpinning is Cryptocurrency – Bankless Times
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Digital loonie may be inevitable amid rise in competing cryptocurrencies, experts say
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Central bank digital currencies get full BIS backing - Netscape Money & Business
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Central bank digital currencies get full BIS backing
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1. What’s behind the crypto market crash?
The crypto market crashed, dipping to a market cap of US$1.3 trillion at one point.
Image: Envato Elements
By the numbers: Bitcoin over 5,000% increase in Google search volume.
Bitcoin has fallen to below US$40,000 for the first time since Feb. 8 when Tesla announced a US$1.5 billion Bitcoin purchase. But Bitcoin isn’t alone the entire crypto market has been sinking, shedding a trillion dollars in total market cap in just a week.
A series of events contributed to crypto’s downward spiral. One of the triggers appears to be Elon Musk announcing that Tesla would no longer accept Bitcoin as payment for its electric vehicles.