Author: CryptoPress
A camp in Los Angeles is providing children as young as 5 with an intensive education in bitcoin and other cryptocurrencies during this season of frenetic trading.
Summer campers in Los Angeles had a petting zoo, juice boxes for lunchtime, and a game where they threw hundreds of balls on a parachute this week.
Also, they were also introduced to the concept of bitcoin and cryptocurrencies.
It’s an indication of how popular digital...
Brad Garlinghouse: Thousands of Cryptocurrencies Will Collapse
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Brad Garlingouse, the CEO of blockchain company Ripple, believes that thousands of cryptocurrencies will collapse.
Garlingouse said that there are currently over 19,000 cryptocurrencies in existence, but only a handful will survive. He predicts that those few survivors will be the ones that are able to solve real-world problems and provide value to consumers.
Garlinghouse made the comments during an interview with CNBC at the recently concluded...
NY Senate bans coal-powered bitcoin mining for two years
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The New York State Senate has passed a bill that bans the use of coal-fired electricity for cryptocurrency mining for two years. Existing miners in the state will be able to continue operating as before. The bill is currently awaiting approval from Governor Kathy Hochul.
The move comes amid growing concerns that the recent bitcoin mining boom could have dire environmental consequences, including water scarcity and increased carbon emissions....
Play-to-Earn (P2E) is Becoming Mainstream, Lilliput Has Gained Foothold in the P2E Industry
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By JUAN MENDECryptoPress
What is Play-to-Earn?
Decentralized finance (DeFi) games are enabling a shift towards the play-to-earn model. As the name suggests, play-to-earn (or P2E) crypto games involve earning some form of cryptocurrency by playing games. These usually include making in-game currency by carrying out quests, winning battles, and completing other kinds of challenges. You can typically exchange this in-game currency for Bitcoin,...
Crypto Games, Crypto world, DeFi, GameFi, NFTs, Play to Earn
Bitcoin today: The Bitcoin/Ethereum ratio; Crypto scams; Insider trading at OpenSea; The bear market continues
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The Bitcoin/Ethereum ratio
Although the peak in bitcoin selling may have passed, the crypto market’s risk aversion remains strong.
Bitcoin, the largest and most liquid cryptocurrency, provides a safe haven from the more volatile altcoins.
But since July 2021, the ETH/BTC ratio has fallen to 0.05918, representing a 25 percent loss for the year. Ether’s dollar value has dropped by 55%, while bitcoin’s value has dropped...