Berkonomics
MAY 12, 2022
There’s a famous intersection in Tokyo, Shibuya Crossing, where thousands of people cross each day, seemingly in random directions. Here’s the test: try to follow one person in his or her journey. That would be like picking a piece of information form a maze. But it would be impossible to know much about that person from just a photo. So, let’s dig further.
Tech.Co
MAY 12, 2022
As of Thursday, the entire cryptocurrency sector has plummeted, losing $200 billion across the entire market within a day. Bitcoin plunged under $25,000 to temporarily reach its lowest value since December 2020, and stablecoins aren't stable, with the cryptocurrency Luna nearly worthless after having dropped 99% in value in 24 hours. Cryptocurrencies' values may well continue whipsawing , and, as always, it's tough to predict where they'll ultimately end up.
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