Day: June 13, 2022

Luna का क्या होगा | Crypto News | Terra Luna | BItcoin Important Analysis

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Human Rights Advocates Insist Bitcoin ‘Provides Financial Inclusion’ — Refutes Claims in Critics’ Letter to US Congress – News Bitcoin News

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Human rights defenders from 20 countries have insisted that bitcoin “provides financial inclusion and empowerment because it is open and permissionless.” Together with stablecoins, the cryptocurrency offers “unparalleled access to the global economy” for people from countries whose currencies have either collapsed or are cut off from the rest of the world. Bitcoin as a Financial Inclusion and Empowerment Tool About 21 human rights advocates from 20 different countries have sent a letter to the U.S. Congress wherein they defend bitcoin as well as rebut claims recently raised by some…

NFT Metaverse Pastel World Pushing Art and Tech Boundaries Despite Bear Market

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Web3 venture Krew Studios has released further details about its much-hyped NFT avatar project Pastel World, both in a lengthy Twitter thread and freshly-updated litepaper. The startup, which was behind the smash-hit NFT collection MASKS from actor/artist Jordi Mollà, describes Pastel World as the “most ambitious project released by the Krew Universe to date,” one whose multi-chain model will “pave the way for future collaborations” with emerging crypto communities. Manga Meets Metaverse Pastel World is the brainchild of singer-songwriter JVCKJ, formerly one half of multi-platinum pop pair Jack & Jack,…

Lowest weekly close since December 2020 — 5 things to know in Bitcoin this week

Bitcoin (BTC) begins a new week with a totally different feel to last as BTC/USD seals its lowest weekly close since December 2020. A night of losses into June 13 means that the largest cryptocurrency is now edging closer to beating its ten-month lows from May. The weakness has left few guessing — shock inflation data from the United States last week sparked a chain reaction across risk assets, and low weekend liquidity appeared to exacerbate the consequences for cryptoassets. The macro pain continues this week — the Federal Reserve…

Ether Drops Below $1,400, Pummeled By US Inflation And Difficulty Bomb Setback

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Ether fell to its lowest level in more than a year as altcoins took a greater beating. The second-largest cryptocurrency by market capitalization recently traded for approximately $1,450, a decline of more than 15 percent since the weekend. At the time of writing, Ethereum is trading at $1,327.40, a decrease of 26.5 percent over the previous week. Monday’s Coingecko statistics shows that ETH has lost over $200 in the last 24 hours and over $500 in the last week. Ether Market Cap Sheds $38 Billion In Three Days Throughout most of the…

Coindesk's David Nelson on the investment potential in Ethereum vs Bitcoin

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io David Nelson, Reporter at Coindesk, joins Worldwide Exchange to discuss crypto’s latest moves. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: » Subscribe to CNBC Classic: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and…

NFT flipping not so profitable for more than half of buyers: Survey

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With the surging popularity of non-fungible tokens (NFTs) many have taken to “flipping” these assets as a trading strategy. Around 64% of people in a recent survey said their top reason for buying a NFT was “to make money”. Blockchain monitoring software company DEXterlab polled more than 1,300 people on Twitter about their NFT buying habits in late May to early June. Despite a majority looking to gain from NFT trading less than 42% have made a profit so far according to the results. Why do you buy NFTs? —…

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Ethereum difficulty bomb delayed but network adoption still growing

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Ethereum network developers have decided to delay the difficulty bomb, a major step leading up to the highly anticipated Merge upgrade for the layer-1 blockchain. They set the delay to two months in order to “be sure that we sanity check all the numbers before selecting an exact delay and deployment time,” according to core developer Tim Beiko in a Sunday tweet. In short, we agreed to the bomb delay. We were already over time, and want to be sure that we sanity check all the numbers before selecting an…