ADVERTISEMENT

CRYPTO INSIDER: Bitcoin is more like the flu than you think

Barclays found "clear parallels" between a theoretical model of a speculative asset and the crypto craze.

Welcome to Crypto Insider, Business Insider’s roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here to get this email delivered direct to your inbox.

ADVERTISEMENT

Barclays ran an epidemiological model comparing a theoretical speculative asset to bitcoin. You can probably guess what happened next. The bank concluded that the spread of bitcoin mania has "

Here are the current crypto prices:

ADVERTISEMENT

What's happening:

  • A $675 million deal to buy New York City's legendary Plaza Hotel using cryptocurrency is falling apart
  • Only 9.2% of millennials said they would buy cryptocurrencies if they had $10,000 to invest
  • Crypto is facing 4 huge hurdles before it can be truly mainstream
  • If your computer has slowed down, you might be mining crypto coins for someone else — here's how to stop it

FOLLOW BUSINESS INSIDER AFRICA

Unblock notifications in browser settings.
ADVERTISEMENT

Recommended articles

Sony’s creators convention redefines the creative landscape for content creators

Sony’s creators convention redefines the creative landscape for content creators

Egypt, Nigeria, and South Africa ranked as Africa's most polluted countries in new report

Egypt, Nigeria, and South Africa ranked as Africa's most polluted countries in new report

10 African countries with the lowest life expectancy according to the World Bank

10 African countries with the lowest life expectancy according to the World Bank

Kenyan women are more obese than their men - here’s why

Kenyan women are more obese than their men - here’s why

Africa’s richest man Dangote stands between Europe and $17 billion in revenue

Africa’s richest man Dangote stands between Europe and $17 billion in revenue

After months of exchanging blows, Kenya and Uganda takes steps towards resolution

After months of exchanging blows, Kenya and Uganda takes steps towards resolution

Africa's first black billionaire could join $2.9 billion Vivendi bid for MultiChoice

Africa's first black billionaire could join $2.9 billion Vivendi bid for MultiChoice

10 most dangerous African countries in 2024

10 most dangerous African countries in 2024

Russia’s nuclear influence expands further north of Africa

Russia’s nuclear influence expands further north of Africa

ADVERTISEMENT