Day: June 11, 2022

How Will Cynthia Lummis’s Proposed Bill Affect Bitcoin

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Senator Cynthia Lummis, a rancher and Republican senator from Wyoming introduced a comprehensive and sweeping bill concerning Bitcoin and crypto regulations. The RFI (Responsible Financial Innovation) Act was released on June 7th by the Senator alongside Kristen Gillibrand, a New York securities attorney, and Democrat senator. Related Reading | Bitcoin Open Interest Falls As Price Dips Below $31,000 According to Lummis, the proposed bill will lead to cryptocurrency adoption into the traditional financial system. Thus, enabling the digital currencies to become accepted as commodities. Clear Distinction Between Bitcoin From Other commodities…

Bitcoin price threatens lowest weekly close since 2020 as inflation spooks markets

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Bitcoin (BTC) dropped to two-week lows on June 11 as the week’s Wall Street trading ended with bears in control. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView U.S. inflation print proves setback Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it reached $28,528 on Bitstamp, its lowest since May 28. The pair had fallen in step with stock markets on June 10, these finishing the week noticeably down — the S&P 500 and Nasdaq Composite lost 2.9% and 3.5% respectively. This was on the back of surprisingly high…

Bitcoin & Ethereum Update. War es nur der Retest der 31700. RSI Strategie aufgegangen!! Wann Runter?

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Digital Assets Exchange Crypto.com Lists Three Little-Known Altcoins

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Singapore-based digital asset exchange Crypto.com is continuing its listing spree and has rolled out support for three more low-cap altcoins. The exchange announces the listing of EPX, the native token for Ellipsis, a low-slippage stablecoin swapping platform built on the BNB Chain. The project launched its 2.0 version in April, which introduced various updates to Ellipsis’ tokenomics. EPX is trading at $0.00103 at time of writing and is up more than 25% in the past 24 hours, according to CoinGecko. On Friday, Crypto.com rolled out support for LOKA, the native…

ETH Falls to 15-Month Low to Start the Weekend – Market Updates Bitcoin News

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Crypto prices plunged as the weekend commenced, following yesterday’s U.S. inflation report, which came in at a 40-year high of 8.6%. ETH fell to its lowest point in fifteen months, while BTC dropped below $29,000. Bitcoin Following days of consolidation, BTC finally moved late on Friday into Saturday, as crypto prices responded to the latest inflation report. Data from the United States showed that inflation came in at a 40-year high of 8.6%, which is higher than the 8.3% many had expected. As such, investors seem to have panicked, and…

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Mars4 Metaverse is Selling Fast in Japan – Sponsored Bitcoin News

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sponsored The cryptocurrency market is stagnant. Investors are cautious and hesitant to make investments. Some initiatives, however, thrive even in such circumstances: Mars4, a play-to-earn project, has seen an upsurge in NFT sales. Mars4 is growing thanks to scheduled releases (such as a game demo) and some help from Japanese KOLs. Mars4, a metaverse game, has been generating increased sales in the first weeks of June. Mars4’s use of a regional marketing strategy has seen the majority of the sales come from Japan. In collaboration with KOLs such as Daisuke…

Bitcoin Slides As CPI Report Hints At Soaring Inflation

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As traders buckle down for the weekend, Bitcoin prices ushered in Friday’s session rather sluggishly. During European trading hours, Bitcoin stayed slightly around $30,000, displaying signs of weakening ahead of the U.S. consumer price index (CPI) release. The price of Bitcoin decreased on Friday after U.S. CPI data revealed that inflation was not abating. Suggested Reading | Ethereum Prices Down For 4th Straight Session As ETH Trades Below $1,800 Bitcoin Drops 1.6% Minutes After CPI Report In contrast to forecasts, the U.S. CPI increased last month, as indicated by the data.…

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Here’s how the Metaverse enables inclusivity for genderqueer people

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In the wake of the rising popularity of games like Fortnite, Roblox and Minecraft and the concept of the Metaverse, the ability of “avatars” to escape unpleasant realities, or simply have fun, is emphatically relevant. It warrants a discussion on digital citizenship and the “inclusivity” of individuals and their identities in the virtual realm, and it provides new meaning for those with gender dysphoria or who identify as genderqueer. In the real world, there is a known bias against those who do not identify with the sex assigned to them…