Monero, Cosmos Slip on Thursday, as Crypto Economy’s Red Wave Returns – Market Updates Bitcoin News

[ad_1] With cryptocurrency markets falling on Thursday, XMR and ATOM were two of the biggest movers during the day. Solana was also nearing a double-digit decline, as bulls seemingly sat out today’s session. Monero (XMR) Monero (XMR) was undoubtedly the biggest bear during Thursday’s session, as the cryptocurrency fell to the #40 position in the top 100. Following a high of $192.23 on Wednesday, XMR/USD fell to an intraday low of $167.29, which is 12% lower than yesterday’s peak. Today’s drop saw monero fall marginally below its support point of…

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What do Bitcoiners, politicians and financial experts think?

[ad_1] Rising prices are grabbing headlines all over the world. Across the pond in the United States, inflation recently broke a 40-year record. The situation is severe in Europe, with prices rising over 5% across the Eurozone and 4.9% in the United Kingdom.  While prices rise, Bitcoin (BTC) is flatlining at around $39,000. It poses many questions: Is Bitcoin an effective hedge against rising prices, what role can Bitcoin play in a high inflation environment and did Bitcoiners know that inflation was coming? Experts from the world of Bitcoin, finance and even…

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Ethereum gas fees drop to lowest levels since August 2021

[ad_1] Gas fees for transactions on the Ethereum blockchain have dropped to the lowest levels since August. But, they’re still not cheap. According to data sourced from Coin Metrics and shared by CryptoRank Platform, the seven-day moving average cost of an Ethereum transaction as of Wednesday totaled $11.14, placing it back among the levels recorded mid-last year before it surged dramatically to as high as $55 at the tail end of 2021. The cost of transactions on the @Ethereum network has not been this low since Aug 2021. Notably, gas…

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How blockchain contributes to the fight against COVID-19

[ad_1] On Jan. 30, the South China Morning Post reported that one of the largest Asian pharmaceutical companies, Zuellig, had launched a blockchain-based system to track the quality of COVID-19 vaccines. Called “eZTracker,” it allows any user to “instantly verify the provenance and authenticity” of vaccines by scanning the QR code on the package. Somewhat surprisingly, throughout the pandemic, there have not been many reports of blockchain-based products adopted by big pharma or global healthcare organizations to bolster the anti-COVID effort. Here is a rundown of the major cases of…

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Understanding Bonds And Bitcoin Insurance

[ad_1] Editor’s note: This article is the first in a three-part series. Plain text represents the writing of Greg Foss, while italicized copy represents the writing of Jason Sansone. In February 2021, I published the first version of this article (find an executive summary here). While it received some very positive feedback, it also received lots of questions, particularly with respect to how bonds are priced. Accordingly, I wanted to update the research to include the most recent market data, as well as to clear up some of the more…

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