Travelers entering the block. Well take a look at the move as the Term Summer Travel fee, then wrap up. And a shocking report shows the pandemic has bred millions of millionaires. Later on we have some few analysis on the issue for Pac Show Today was sat right in and Bit Quinn has been put on blast by the bank of international settlements. A new report simply eviscerate the worlds largest crypto currency, and in fact, all other crypto currencies as well. That report claims bitcoin is a speculative asset, rather than a currency is often used for crimes such as Money Laundering and waste energy. Something weve heard time and time again. Now bitcoin has few redeeming public interest attributes to be said on wednesday in a chapter of its annual economic report to be asked is an international organization that kind of acts as the Central Bank for Central Banks and aimed to foster global financial cooperation. Meanwhile, bitcoin has had a wild 24 hours where the current they dropped below 30
Central reserves, the Central Banks, the federal reserve bank, the former fed chairman, janet yell and whos now the treasury secretary. And now the bank of settlements is also making payments. And as we mentioned, weve heard all this stuff before its used for ransomware. Of course, they ignore the fact that ransomware actually predates crypto, which means that dollars and other currencies were previously used in ransomware, or they say, you know, this thing is, is bad for the environment. Thats such a ridiculous argument. I talked about this a couple of weeks ago, but i just want to mention it again. So were talking about how many kara, what ours, that Bitcoin Uses as a mining network. It uses about 113. 00 to Tara Water hours. Every single year, annually, if you compare that to the Banking Industry, the Banking Industry uses 260. 00 Tara Watt hours annually. Whats the comparison here . That means that the Banking Industry uses double the energy almost as bitcoin. So if youre going to
A speculative asset, rather than a currency is often used for crimes such as Money Laundering and waste energy. Something weve heard time and time again. Now bitcoin has few redeeming public interest attributes to be said on wednesday in a chapter of its annual economic report to be asked is an international organization that kind of acts as the Central Bank for Central Banks and ames to foster global financial cooperation. Meanwhile, bitcoin has had a wild 24 hours where the currently dropped below 30000. 00 for a short time before jumping back up to around 34000. 00. Lets bring in Boom Bus co hosting crypto handle. Its been swan and christiane. To respond to these stories and more christie, i want to start with you. Can you break down what has been happening with big Coins Price over these last 24 hours . Quite a lot has happened in the last 24 hours. Theres been quite a lot of volatility when, especially when the 30000 level broke. Now that was a key key, technical Support Level of
Salvador is taking the 1st Step toward a big Point Standard making bitcoin legal standard. The this is, boom, bought the one business. So you can coordinate bridge a bar in washington coming up the central Bank Warren Crypto currency. Its heating up while several investors have away and that emerging Pin Fact sure that we bring you up to speed on the keep it rivalry, plus the e. You an updated list of countries approved for travelers entering the block. Well take a look at the move as the Term Summer Travel see then wrap up. And a shocking report shows a pandemic has bred millions of millionaires. Later on we have some few analysis on the issue for pac showed the flip side. Right in and quinn has been put on blast by the bank of international settlements. A new report simply eviscerate the worlds largest crypto currency. And in fact, all other crypto currencies as well. That report claims bitcoin is a speculative asset, rather than a currency is often used for crime, such as Money Laun
there was information that opened a criminal investigation about financial propriety by donald trump from the italians. that s a blockbuster piece of news from this new reporting. how donald trump s while comes chase uncovered potential criminal conduct by donald trump. tonight, new reporting on the weaponization of american government by way of the durham probe. and how the maga house plans to go further. then, mike pillows last stand to run the rnc as a trump rival takes s first putt. we ve had three substandard election cycles honorable. 1820 and 22 reuben guy egg on his campaign to an seek christian sinema and arizona. and why the biden white house is seeking a victory lap on the economy and warning about republicans have in store. what in god s name are americans gonna give up the progress we ve made? for the chaos that they re suggesting. all in starts right now. good evening, i m chris hayes. while innumerable get house caucus certainly has their prio