bitcoin

Why Congo’s most famous national park is betting big on crypto

That’s why the park is a vital source for charcoal, or makala in Swahili, and for food—even though farming, fishing, hunting, and logging are all illegal. Park resources are stripped with regularity: between 2001 and 2020, Virunga lost almost 10% of its tree cover, and de Merode estimates $170 million in Virunga’s trees and ivory are lost annually. But the alternative for locals is being unable to pay local warlords or starving. These are perfect conditions for corruption.  “Congo… Source link

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Bitcoin and Ethereum head in the right direction, altcoins join the party

Bitcoin (BTC) had its strongest day since the post-FTX market crash on Thursday, closing 5% higher at US$18,850 on the BTC/USDT pair and remaining there this morning. Following the daily rally, more than US$175mln worth of short positions were liquidated, according to Coinglass data. An intraday high of US$19,120 was posted before the bears stepped in; if they remain in charge, BTC could be pulled back to US$18,500. In the event of bullish momentum, BTC/USDT could possibly move to… Source link

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Ethereum Derivatives Indicate that ETH May Rise Above US$1,350 – Analytics Insight

Ethereum Derivatives Indicate that ETH May Rise Above US,350 – Analytics Insight

Ethereum rises above US $1,350, which plots a more eventful future for Ethereum investors in near future. This week started with a fair increase in Ethereum and Bitcoin values. The fact that market makers and Ethereum giants are no longer overcharging for defensive long positions is an indication that the price of ETH rises soon reaches new highs. Ethereum’s ETH tickers down $1,409, the native cryptocurrency of Ethereum, increased in value by 10.2% between January 4 and January 10, easily… Source link

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Top 10 Crypto Prices for January 13, 2023: In 2023, the next significant Ethereum upgrade is anticipated. – Analytics Insight

Top 10 Crypto Prices for January 13, 2023: In 2023, the next significant Ethereum upgrade is anticipated. – Analytics Insight

Analytics Insight has listed the top 10 current cryptocurrency prices for January 13, 2023 At the beginning of the new year, crypto analysts are eager to seek Ethereum’s upgrade that is perceived in the crypto space. Analytics Insight has listed the top 10 current cryptocurrency prices as of January 13, 2023. Bitcoin- $18,857 (up by 3.90%) Ethereum- US$1,411 (up by 0.85%) Tether- US$1.00 (up by 0.01%) BNB- US$289.12 (up by 1.47%) USD Coin- US$1.00(up by 0.00%) XRP- US$0.3766 (up by… Source link

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‘Wall of worry’ led to digital wallets, blockchain tech ignored: Cathie Wood

ARK Invest CEO Cathie Wood believes that digital wallets and blockchain tech were among “game-changing innovations” that the equity markets largely ignored in 2022.  In a Jan. 12 blog post on the ARK Invest website, Wood suggested that the equity market faced a “wall of worry” in 2022, caused by fears of entrenched inflation and higher interest rates, and largely ignored a number of innovative technologies. Wood highlighted that digital wallets are “replacing cash and credit… Source link

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Climate tech VC argues Bitcoin’s ESG positives outweigh its negatives 31:1

A climate tech investor has painted a bright view of the Bitcoin (BTC) network, suggesting BTC’s environmental positives outweigh its negatives by a whopping 31:1 ratio. On Jan. 12, self-proclaimed philanthropist and environmentalist Daniel Batten claimed in a Twitter thread that “Bitcoin is probably the most important ESG technology of our time.” According to Batten, the 31:1 positive impact ratio was calculated by researching and interviewing grid engineers, climate scientists, BTC… Source link

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Climate tech VC argues Bitcoin’s ESG positives outweigh its negatives 31:1

A climate tech investor has painted a bright view of the Bitcoin (BTC) network, suggesting BTC’s environmental positives outweigh its negatives by a whopping 31:1 ratio. On Jan. 12, self-proclaimed philanthropist and environmentalist Daniel Batten claimed in a Twitter thread that “Bitcoin is probably the most important ESG technology of our time.” According to Batten, the 31:1 positive impact ratio was calculated by researching and interviewing grid engineers, climate scientists, BTC… Source link

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Samsung investment arm considering spot-Bitcoin ETF in Hong Kong

Hot on the heels of its Bitcoin (BTC) futures exchange-traded fund (ETF) in Hong Kong, Samsung Asset Management has indicated it’s considering the launch of a spot Bitcoin ETF on the city’s exchange if policies allow for it. In an interview with Bloomberg published on Jan. 13, Hong Kong chief executive for Samsung Asset Management, Sam Park, said: “It really depends on how policy is going to be developed,” adding that the Hong Kong administrators are “clearly” interested in developing… Source link

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Litecoin Price Prediction 2023: LTC Crypto to Rally in 2023 – Analysts

Litecoin price prediction suggests the token’s recovery phase over the daily time frame chart. LTC crypto has recovered above 20, 50, 100 and 200-days Daily Moving Average. The pair of LTC/BTC is at 0.004523 BTC with an intraday drop of 3.33%. The daily time frame chart of the token’s recovery rate is suggested by the Litecoin price prediction. After collapsing from a rising wedge pattern on the daily time frame chart, LTC cryptocurrency has been attempting to recover. The volume… Source link

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