Bitcoin and the Nasdaq are the worst performing assets so far in 2022

[Bitcoin and Nasdaq are the worst-performing assets so far in 2022] According to news on August 1, Mohamed El-Erian, Dean of Queens College, Cambridge University, recently released a report comparing asset performance year-to-date with the previous two years Comparative data for comparison. The data shows that most asset classes will be at a loss in 2022, with Bitcoin (BTC) and the Nasdaq index losing the most, falling 48.60% and 20.80% respectively. (Finbold)

Other news:

Pro-Trump Organization Receives Bitcoin Funding Ahead of US Capitol Riot: Bitcoin may have played a role in the January 6 US Capitol riot, according to new research from blockchain data firm Chainalysis. In the month before the riots, a French donor sent $500,000 worth of bitcoin to 22 different addresses, many of which belonged to "right-wing extremists and Internet celebrities," Chainalysis said. Chainalysis believes the deal funded the riots in the U.S. Congress. Police and intelligence agencies are investigating, the company said. [2021/1/15 16:12:54]

News | PoWx non-profit foundation launched a new Bitcoin mining algorithm: According to coindesk, a non-profit foundation named PoWx proposed a new mining algorithm PoWx. PoWx is a new technology called "optical" proof-of-work that uses more energy-efficient laser technology as the basis for mining. The PoWx founders believe that changing this underlying technology (Bitcoin mining PoW consensus) will help ensure that the mining ecosystem is healthy enough to scale enough to support the growth of cryptocurrencies over the next decade. The coindesk article stated that this move mainly points to Bitmain. [2018/7/6]

CEO of Dennis Gol, a professional brand of golf products in South Korea: It is expected to start accepting bitcoin payments in January 2018: According to a report on the 27th of the Korean Daily Economics, Park Noh Jun, CEO of the professional brand of golf products in Korea 'Dennis Golf' released the virtual currency Bitcoin Sign up to use Local News. At present, 'Dennis Golf''s Seocho directly-managed store and Dogok store are expected to start accepting bitcoin payments at more than 80 stores across the country in early January next year. 'Dennis Golf' has launched the 'Bitcoin Easy Payment System'. When customers purchase Dennis clothes and supplies, they only need to scan their own Bitcoin QR code to check out, which is simple and convenient. [2017/12/27]