If your country has adopted a CBDC, you might be suffering
New research indicates that in countries where central bank digital currencies have been adopted or are under consideration, well-being is low.
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Why is Bitcoin price down today?
After topping the $21,500 mark on Nov. 4, Bitcoin (BTC) price is down by 14% on Nov. 8, reaching a new yearly low at $17,166 and most altcoins are following suit. While the Binance and FTX news initially caused an uptick in the market, the day turned south as various unconfirmed sources speculate that FTX’s losses…

UN Secretariat Signs Agreement with Nonprofit to Reward Climate Action With Crypto
A climate change initiative of the United Nations signed a Memorandum of Understanding (MoU) with nonprofit organization W-Foundation to collaborate on climate action, according to a press release shared with Cointelegraph on May 16.In accordance with the new MoU, the Secretariat of the UN Framework Convention on Climate Change (UNFCCC) will work with South Korea-based…

Alameda Research doubles down on Maps.me, invests $40 million in Oxygen
How much are 140 million users worth? After a $50 million direct investment in travel app Maps.me earlier in the year, Alameda Research has announced today a $40 million investment in decentralized finance protocol Oxygen, a Solana-based lending platform that will plug into the app. Similar to lending protocols such as Aave and Compound, “Oxygen will first…

Lithuanian Finance Ministry to Introduce Legal Amendments for Crypto-Related Firms
The Republic of Lithuania’s Ministry of Finance plans to release legal amendments for operating crypto-related businesses in the country, Riga-based newspaper The Baltic Times reports on April 8.According to the report, the Lithuanian finance ministry wants to bring more legal certainty to the operation of companies relating to cryptocurrency exchanges, crypto wallet operators, as well…

‘Docklands DAO’ plan to help Melbourne precincts recover from the pandemic
The Royal Melbourne Institute of Technology’s (RMIT) Blockchain Innovation Hub has released a report proposing the implementation of pilot Decentralized Autonomous Organization (DAO), to assist specific precincts in Melbourne’s CBD in recovering from the impacts of the pandemic.The report, which is part of a five-piece series of reports funded by the Victorian Government in Australia,…

Crypto markets tumble after miners unload 5,000 BTC in one week
With Bitcoin’s price consistently trending below its 200-day moving averages and heavy selling identified among miners, some analysts are bracing for further bearish momentum. 4046 Total views 3 Total shares The crypto markets are against dropping, with Bitcoin crashing below $33,000 for the first time since May 23 as Ethereum similarly broke below support at…

Price analysis 1/3: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE
Bitcoin’s (BTC) price action has been uneventful in the first few days of the new year and it continues to languish below the psychological level at $50,000. The Crypto Fear and Greed Index is in the fear zone registering a value of 29/100. On-chain analytics resource Ecoinometrics said stages of extreme fear rarely remain for long,…

Ether and altcoin price outlook positive after SEC drops investigation
The SEC has withdrawn the case to prove Ethereum is a security. Now that the waters have been cleared, what is ahead for Ether’s price?