Month: June 2022

ZED RUN founder envisions user narrative-driven Metaverse

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Chris Laurent, the founder of the popular-digital horse racing game ZED RUN, envisions a future where people will spend their free time developing their own unique narratives within the Metaverse.  This virtual world will contain a mix of gaming, entertainment, and social experiences underneath an overarching storyline, he believes. “My perception of the metaverse isn’t just a meeting [of people], it’s coming home after work and not turning on Netflix, but seeing what happens to yourself and your friends in some type of storyline that is flexible.” The ZED RUN…

NYC Mayor Eric Adams speaks out against PoW mining ban legislation

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New York City’s Mayor Eric Adams spoke out on Monday, June 13, against a bill just one step away from effectively banning Bitcoin mining in the state for the next two years. The bill is designed to place a two-year moratorium on Proof of Work (PoW) crypto miners who do not use 100% renewable energy. At the same time, New York state’s environmental agency is investigating the effects of mining on the environment. The bill passed on June 3 in the State Assembly and now awaits Governor Kathy Hochul’s signature…

Ethereum Drops Below $950 On Uniswap Overnight

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Ethereum Key Takeaways: – ETH prices have plummeted below $1300– Selling pressure intensifies, which triggers the decline.– Dire price forecasts for ETH Having lost about 20 percent of its value over the past 24 hours and hovering around $1,200 on Monday morning, many crypto investors and market observers are prepared for a massive Ether decline back into the triple digits. On the decentralized exchange Uniswap, however, it occurred late Sunday night, albeit momentarily, as ETH retreated below the spot price, relative to other exchanges, to $950. The duration of the sell-off…

Possible Outcomes Of A Dovish Vs Hawkish Fed

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Bitcoin shed over 15% in the last 24 hours to around $21k and the whole crypto market sank below $1 trillion on Monday. Whether this gloomy start of the week will be followed by even more downside or some relief, could depend on next week’s meeting of the US Federal Reserve (FED). Bitcoin trading at around $21k in the daily chart | BTCUSD on TradingView.com Related Reading | Crypto Markets Lose $100 Billion As Bitcoin Drops Below $26K – More Pain Ahead? Dovish Or Hawkish? The US is seeing the largest year-on-year…

Argentinian Cryptocurrency Exchange Buenbit Launches Stablecoin Yield Instruments – Bitcoin News

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Buenbit, one of the leading Argentinian cryptocurrency exchanges, announced the inclusion of two stablecoins in its current yield program. The company will allow its customers to earn yields of up to 11% annually on their USDC and USDT funds, with the earnings being deposited in customers’ accounts daily, targeting high inflation markets. Buenbit Announces USDC and USDT Yield Instruments More and more exchanges are trying to offer staking options for their customers, allowing them to earn money with the funds deposited on their platforms. Buenbit, an Argentinian exchange,…

The Downfall Of Cryptocurrency | Cryptocurrency Market Crash Explained 2021 | Simplilearn

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This video on the downfall of cryptocurrency covers all the important aspects related to the market crash of cryptocurrency on 21st may 2021 like how crypto-market works, what were the reasons behind the market crash of cryptocurrency, how has it affected people at all levels, what can be done to restabilize the crypto-market, and what future cryptocurrency and crypto market holds. These are the facts we will be discussing in this video: 01:12 What Cryptocurrency and crypto-market are? 02:22 How does the…

NFT trading volume surges amid market and floor price crash

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NFT trading volume has surged over the past 24 hours as crypto markets tank taking floor prices of many top NFT collections along with it. A long list of top NFT projects such as Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), Crypto Punks, and Sorare have all seen more than 100% increases in 24-hour trading volumes as investors look to snap up cheaper NFTs as floor prices tumble. According to data from CryptoSlam, eight of the top 10 NFT projects in terms of 24-hour sales volume have…

Ethereum Bears Chase $1K, Why Recovery Could Be Limited

Ethereum tumbled below the $1,200 support against the US Dollar. ETH must stay above $1,000 to start a recovery wave in the near term. Ethereum declined over 20% and traded below the $1,200 support. The price is now trading below $1,300 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $1,285 on the hourly chart of ETH/USD (data feed via Kraken). The pair might start a recovery wave if it clears the $1,200 resistance zone in the near term. Ethereum Price…

05/01/22| Crypto news today | Shiba inu coin news today | Cryptocurrency | Bitcoin news today | BTC

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 05/01/2022| Cryptocurrency news today | Crypto news today | Bitcoin news today | Hindi | Cryptocurrency for beginners In this video, we have covered news from across the Globe. Watch this video and keep yourself updated. Latest Crypto updates latest Crypto News. Cryptocurrency news today Crypto news today Bitcoin news today in Hindi. ===================== New’s Covered in the Video -Blockchain gaming community raises $1.4M to help typhoon victims. -9.7 Million SHIB Burned in Last 24 hours with 41% of Total Supply Destroyed…

Illicit crypto usage as a percent of total usage has fallen: Report

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Illicit cryptocurrency activity in 2021 and the first quarter of 2022 has declined as a percentage of overall crypto activity, according to blockchain forensics firm CipherTrace. The cryptocurrency industry has long held a reputation in some jurisdictions as a haven for illegal activity. However, CipherTrace estimates that illicit activity was between 0.62% and 0.65% of overall cryptocurrency activity in 2020. The firm reported that it has now fallen to between 0.10% and 0.15% of overall activity in 2021. Source: CipherTrace In its Cryptocurrency Crime and Anti-Money Laundering Report released June…