The retiring director of the Howard H. Baker Jr. Center for Public Policy says he s ready to, "Quit everything. Then I will take back what I want to do."
Yale Board of Trustees approves new guidelines for investing in fossil fuels thedp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedp.com Daily Mail and Mail on Sunday newspapers.
As
CoinDesk reported, there are a few theories for the crash. One surrounds rumors that the U.S. Treasury is preparing to charge several financial institutions for money laundering with cryptocurrencies. Another stems from an old
CNBC report on a potential Bitcoin ban in India.
Still, some analysts are attributing the selloff to a mining outage in China. According to analyst Willy Woo, everything started last week in Xinjiang when facility safety inspections triggered a blackout. Woo writes that these blackouts were significant, because Xinjiang contributes one-quarter of the global hash rate.
So where do things go from here? While some experts are busy focusing on the cause of the crypto cash, one powerful upside catalyst is brewing in China. According to a new report, the nation is warming up to Bitcoin as an investment alternative. This could be significant for cryptocurrencies, according to industry insiders. Keep this story on your radar.