The ‘crypto winter’ has set in but it may have a silver lining - Sydney Morning Herald


6/21/2022 12:00:00 AM2 years 10 months ago
by Stephen Bartholomeusz

The crypto industry is in a wealth-destroying crisis but ultimately it might be a good thing for the sector and the investors who are able to survive it.

Bitcoin, the bellwether for the sector, traded close to $US70,000 last year. It traded below $US18,000 at the weekend before recovering, modestly, to just over $US20,000 this week. This isnt the fir… [+5207 chars]

full article...