Bitcoin headed for second-largest monthly drop on record
(005320.38-:E-003569.93:N-HO:R-SU:C-30:V)
2005: S.Africa: Black Children as young as 5 have sex at school
This was a news story from the mass media about young Black children having sex at school.
[I'm just monitoring the drop in the crypto market. I think it has peaked and will continue to fall for perhaps a year. That's my current thinking. But it will be back with a vengeance later. Jan]
The world’s top crypto, bitcoin, could see its second-biggest monthly percentage decline on record, as the digital asset’s downturn in May exceeded the 37% drop seen in November 2018.
Bitcoin was trading near $36,426 at 14:28 GMT on Monday, with losses for May totaling almost 37.5%. It is just short of the record 40% slide in September 2011, according to Bitstamp data.
In a major selloff, the cryptocurrency nosedived to around $31,227 on May 24 – over a 50% decline from its mid-April peak.
Fears of China’s crackdown on cryptocurrencies, along with the coming regulations in the United States, and controversial statements from Tesla CEO Elon Musk, have all been putting pressure on the crypto market.
Musk’s unexpected announcement this month that Tesla was suspending purchases of its vehicles using bitcoin, due to environmental concerns, crushed hopes for widespread corporate adoption raised by the carmaker’s decision to adopt bitcoin in February.
According to blockchain analytics firm Glassnode, the price crash was driven mainly by panic selling by new investors who bought coins during the first-quarter bull run. Analysts say that a sustained accumulation by large investors might be needed to restore battered market confidence.
Get a Free PDF Book: The Boer Fight for Freedom (1902)
Here is a really old, historical book written shortly after the 2nd Anglo Boer War. It is 634 pages long and includes photos, illustrations and maps. This book was written by an Irishman who was a member of the British House of Commons. He was so OUTRAGED by this war started by the British that he resigned from his position in 1899.