• Tue. Aug 2nd, 2022

Fit to burst: Inside the Guardian Weekly July 8 | Cryptocurrencies

ByHazel R. Lang

Jul 6, 2022

The world of cryptofinance can be difficult to break into – and not without good reason. In the decade since bitcoin first became a tradable asset, complex and largely unregulated digital currency markets have exploded – fueled lately by an increase in home-based merchant activity. amateurs during the pandemic. But now, amid more conventional global economic conflicts, including the war in Ukraine, rising inflation and rising borrowing costs, the digital finance industry is collapsing.

Could the bursting of a crypto bubble trigger serious problems elsewhere in financial markets or the global economy? Alex Hern and Dan Milmo go behind the crypto crash and ask how worried we should all be.

New testimony on Donald Trump’s alleged behavior in the final moments before the Jan. 6 Capitol riot shocked America last week, including many in the Republican Party. David Smith and Martin Pengelly explore the former president’s likelihood of being impeached – and why the big winner from the committee hearings could be Florida Governor Ron DeSantis.

In the UK, the resignations of Chancellor Rishi Sunak and Health Secretary Sajid Javid have put Prime Minister Boris Johnson under intense pressure. The news came too late for this week’s edition, but we’ll have full coverage of the crisis next week – and in the meantime, you can catch up on the latest happenings here.

Some of the most memorable photographs ever taken depicted people standing bravely in the face of authority. As global rights to protest come under increasing pressure, we look at some of the images from the past century that have changed societies and the way we see the world, and the incredible stories of the people featured in them.

The Regency era of British history officially lasted only nine years – but its impact on film, television, literature and the stage was phenomenal. Charlotte Higgins asks why the period still dominates our modern cultural imaginations.

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