The US president-elect Donald Trump and his advisor Elon Musk throwing their weight behind crypto resulted in Bitcoin shooting through the $1,00,000 mark in December. This was a dramatic comeback after the collapse of the crypto exchange FTX in 2022, which resulted in losses of billions of dollars.
One fallout of the 2008 financial crisis was a deep mistrust of the banking system around the world. When the first successful digital currency, Bitcoin, appeared in 2009, it was perceived as a bid to circumvent regulation that was seen as ineffective and cumbersome. It was believed that cryptocurrencies would allow greater transparency and security in financial transactions.
But as a quintessentially disruptive technology, its credibility today divides experts and laymen. While many still think of it as a game of smokes and mirrors, it's endorsed by tech-savvy younger generations. At present, the global cryptocurrency market is worth around $3 trillion.
In the context of this market volume, the intrinsic value of cryptocurrency is relevant. Cryptocurrency is basically a piece of programming software; its value is linked to its momentum of exchange and its perceived investment potential. For Bitcoin, the value is also attributed to the fact that out of the 21 million available, some 19 million have already been mined.
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Denne historien er fra January 05, 2025-utgaven av The New Indian Express Thiruvananthapuram.
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Mime's cocktail of art, acrobatics leaves viewers on a high
An exciting cocktail of art and acrobatics marked the mime competition at the 63rd State School Youth Festival.
Showcases Malabar's Rich Culture
Kolkali with a Martial Touch
Malapulayattam showcases tribal heritage, leaves audience thrilled
THE TRIBAL folk art form malapulayattam at Nisagandhi captivated audiences with its vibrant display of rhythm and culture.
Kalolsavam Stages Become Crucibles Of Experimentation
Highly creative compositions based on off-beat characters of mythology were aesthetically presented on stage
Games, upcycled seating promote eco-friendliness
In a bid to inspire and encourage the younger generation to adopt eco-friendly habits, the Suchitwa Mission has launched an innovative anti-littering campaign with interactive games and upcycled seating made from discarded tyres to sensitise the students taking part in the State School Art Festival.
It's 'A' hat-trick moment for Dwidhy
FOR DWIDHY K S, a Class XII student of Kanikkamatha English Medium Convent Girls HSS, Palakkad, achieving an A grade in the English recitation competition at the Kerala State School Arts Festival has become a hat-trick moment.
NRV HairCure Hair Transplant Centre
Dr 'Bro': Affectionately Yours for Hair Cure
Euphoria Fills Food Pavilion As CM Makes Surprise Visit
The visit of the CM turned out to be an unforgettable moment for the students and officials
Mono act artists come up with heart-touching performances
ENACTING those moments on stage, he once again relived the trauma of a tragedy that shattered the lives of thousands of people around him. Hanin Ahmed, a Class 10 student from GHSS Moolankaavu, Wayanad, recreated the Chooralmala disaster that killed hundreds and left several more orphaned.
Chendamelam Beats Shatter Gender Stereotypes
In what is seen as a welcome move, more and more girls are taking up percussion music of late. Chendamelam witnessed the presence of girls at the arts festival
