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What will the crypto crash mean for 'bitcoin nation' El Salvador?
×ByBitcoin’s value has plunged by 22 per cent in the past five days as investors rush to sell the cryptocurrency amid fears that an asset bubble is bursting.The average buyer is after the world’s most popular cryptocurrency shed a trillion dollars in value in two months.For El Salvador, which staked its economy on the success of bitcoin when it became in September 2021, the crash has wiped out more than half of its bitcoin holdings – and could be the death knell for its national crypto experiment.AdvertisementEl Salvador has invested heavily in creating and promoting the bitcoin...…×ByBitcoin’s value has plunged by 22 per cent in the past five days as investors rush to sell the cryptocurrency amid fears that an asset bubble is bursting.The average buyer is after the world’s most popular cryptocurrency shed a trillion dollars in value in two months.For El Salvador, which staked its economy on the success of bitcoin when it became in September 2021, the crash has wiped out more than half of its bitcoin holdings – and could be the death knell for its national crypto experiment.AdvertisementEl Salvador has invested heavily in creating and promoting the bitcoin...WW…
Brazil faces health system collapse as covid-19 cases skyrocket
×ByBRAZIL is facing the biggest health system collapse in its history, according to researchers at Brazilian health institute Fiocruz, as the country records its highest number of weekly deaths since the pandemic began. Meanwhile, Chile has been forced to impose strict new lockdowns to cope with a severe second wave of infections, despite having mounted one of the world’s fastest vaccine roll-outs.Brazil recorded 18,164 deaths last week, bringing its total to more than 300,000, a higher toll than any other country except the US. Many of the country’s intensive care units have reached...…×ByBRAZIL is facing the biggest health system collapse in its history, according to researchers at Brazilian health institute Fiocruz, as the country records its highest number of weekly deaths since the pandemic began. Meanwhile, Chile has been forced to impose strict new lockdowns to cope with a severe second wave of infections, despite having mounted one of the world’s fastest vaccine roll-outs.Brazil recorded 18,164 deaths last week, bringing its total to more than 300,000, a higher toll than any other country except the US. Many of the country’s intensive care units have reached...WW…
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