Alice fulwood is the economists amer finance correspondent. The total market cap for crypto piqued had around three trillion dollars in november, but is now less than half of that. A bitcoin is trading at a round 29 k, which is about forty % of its all time high. Ether, the other stet of second viger's crypto currency, has fallen by a similar amount. And the share price of the leading crypto industry stock, coin base, is down by about half in just over a week and fell 26 % in a single day after it reported earnings.
Stablecoins are essential to the financial plumbing of the cryptocurrency world. They’re pegged to a real-world asset, usually the dollar. But when that peg breaks, things can turn ugly in a hurry. Much of India is suffering through a particularly blistering and costly
heatwave. And Indonesians’ love of songbirds is threatening wild bird populations within and beyond Indonesia itself. For full access to print, digital and audio editions of
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