The Briefing Headlines May 27

The Briefing Topic

Of all the things to destabilise Bitcoin... it turns out the environment has been a key factor. 

 

The digital currency has seen some wild price drops over the last two weeks. It peaked at 63,000 USD in mid-April and since then it’s dropped as low as $31,000.  Dr Sean Foley, Associate Professor of Finance at Macquarie University, joins us to explain why.

 

Dr Foley says mining for Bitcoin around the world, currently consumes half the electricity of Australia’s entire yearly usage.  Could the environment bring about Bitcoin’s demise?

 

TODAY'S HEADLINES


Victoria bracing for more restrictions as government considers lockdown


Holgate backs Senate bid to have PM apologise


Uncertainty over Melissa Caddick’s remains


Shell ordered to cut emissions by Dutch court

Follow The Briefing

Instagram: @thebriefingpodcast 
Facebook: TheBriefingNewsAU
Twitter: @TheBriefingAU 

YouTube: http://bit.ly/TheBriefingSUBSCRIBE 

Of all the things to destabilise Bitcoin... it turns out the environment has been a key factor.&nbsp;
&nbsp;
The digital currency has seen some wild price drops over the last two weeks. It peaked at 63,000 USD in mid-April and since then it&rsquo;s dropped as low as $31,000.&nbsp; Dr Sean Foley, Associate Professor of Finance at Macquarie University, joins us to explain why.
&nbsp;
Dr Foley says mining for Bitcoin around the world, currently consumes half the electricity of Australia&rsquo;s entire yearly usage.&nbsp; Could the environment bring about Bitcoin&rsquo;s demise?
&nbsp;
TODAY'S HEADLINES
<ul>
<li>
Victoria bracing for more restrictions as government considers lockdown
</li>
<li>
Holgate backs Senate bid to have PM apologise
</li>
<li>
Uncertainty over Melissa Caddick&rsquo;s remains
</li>
<li>
Shell ordered to cut emissions by Dutch court
</li>
</ul>
<ul></ul>
Follow The Briefing
Instagram:&nbsp;<a href="https://www.instagram.com/thebriefingpodcast/">@thebriefingpodcast&nbsp;</a> Facebook:&nbsp;<a href="https://www.facebook.com/TheBriefingNewsAU/">TheBriefingNewsAU</a> Twitter:&nbsp;<a href="https://twitter.com/TheBriefingAU?s=20">@</a><a href="https://twitter.com/TheBriefingAU?s=20">TheBriefingAU&nbsp;</a>
YouTube: <a href="http://bit.ly/TheBriefingSUBSCRIBE">http://bit.ly/TheBriefingSUBSCRIBE</a>&nbsp;

A daily news podcast, The Briefing gives you the latest headlines, discussion and explainer interviews, all in under 20 minutes. Bringing you the news you need to know at 6am and 3pm Monday to Friday, and profiles across the weekend, The Briefing is Australia's go-to news podcast for your commute, coffee or exercise.

Hosted by a cast of rotating journalists including Sacha Barbour-Gatt, Katrina Blowers, Antoinette Lattouf, and Bension Siebert.

A daily news podcast, The Briefing gives you the latest headlines, discussion and explainer interviews, all in under 20 minutes. Bringing you the news you need to know at 6am and 3pm Monday to Friday, and profiles across the weekend, The Briefing is Australia's go-to news podcast for your commute, coffee or exercise.
Hosted by a cast of rotating journalists including Sacha Barbour-Gatt, Katrina Blowers, Antoinette Lattouf, and Bension Siebert.

Advertisement