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Crypto World Analysis

Channel address: @cryptoworldanalysis
Categories: Cryptocurrencies
Language: English
Subscribers: 97.44K
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🔹Latest Crypto News, Updates, Analysis and Deeper Insights in the whole Crypto space.
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@CryptoWorldNews
@CryptoWorldICOs
@CryptoWorldAnalysis
👁‍🗨Admin of the Channel:
@AdamCWN ✔️

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The latest Messages 100

2022-06-10 18:21:27 Crypto World Analysis pinned a photo
15:21
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2022-06-10 18:20:48
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119.5K views15:20
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2022-06-10 13:33:10
Woofie Token • @WoofieETH

WOOFIE is a dog friendly cryptocurrency on the Ethereum Blockchain.

They are doing a FREE NFT MINT two weeks before their ICO, which you can participate in. By getting your hands on one of these free NFTs, you will earn yourself free WOOFIE tokens!

All the owners of these free NFTs will be airdropped free WOOFIE tokens on launch and get 30 minutes early acces on exclusive mints in the future.

There will be a total of 5000 pcs, with 10 super rare Golden Woofie NFTs. Once you become the owner of a Golden Woofie NFT, your free WOOFIE airdrop will be much bigger!

The cryptocurrency is planning to launch their ICO in four weeks through their own ICO Platform and it is launching its token with a bunch of utilities on the Ethereum Blockchain.

Join their Telegram to stay up to date about the FREE NFT MINT!

Telegram: @WoofieETH
Website: woofietoken.io
Docs: docs.woofietoken.io
168.9K views10:33
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2022-06-10 12:24:02
Bitcoin declared ‘dead’ 52% less in 2022 despite bear market vibes

The
cryptocurrency market has turned green once again after weeks of volatile price movement, with Bitcoin (BTC) leading the recovery effort by showing, for now, at least indications of stabilizing above the crucial $30,000 price barrier.

Interestingly amidst the current bearish market environment, the number of times Bitcoin has been declared ‘dead’ so far in the first half of 2022 stands at 12. In point of fact, this represents a 52% reduction in the number of times the flagship digital currency was declared dead when compared with H1 2021, which totaled 25 times, according to data from 99Bitcoins, the cryptocurrency’s official obituary.

Source

@CryptoWorldAnalysis
179.3K views09:24
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2022-06-09 15:25:02
Ethiopian Central Bank Urges Residents to Stop Engaging in Crypto Transactions

The
National Bank of Ethiopia (NBE) has said it does not recognize cryptocurrencies as a legitimate method of payment and that residents must avoid using them. The bank insists the local birr currency is the only lawful means of settling transactions in Ethiopia.

The Ethiopian central bank has warned citizens against engaging in “illegal” cryptocurrency transactions, a report has said. The report adds that the central bank still does not recognize cryptocurrencies like bitcoin as a payment method. In its report, the state-affiliated media outlet Fanabc refers to a statement from the National Bank of Ethiopia (NBE) which reminded the country’s residents that the birr currency remains Ethiopia’s only legal tender.

Source

@CryptoWorldAnalysis
149.4K views12:25
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2022-06-08 14:18:02
Australian Mayor Proposes Paying Taxes in Cryptocurrency

Aussie
Mayor Tom Tate has suggested paying taxes in cryptocurrency as experts caution that the move could necessitate further research and a risk-measured policy. Tom Tate, the Mayor of Gold Coast metropolitan, has suggested that Australians could pay their council rates, otherwise known as local property taxes, in cryptocurrency.

According to a local news report, Mayor Tate sees crypto payments as a way to communicate Australia’s innovative virtue, effectively attracting young people. As for cryptocurrency’s inherent volatility, Tate says it’s “not that bad.”. Mayor Horacio Rodríguez Larreta of Buenos Aires, Argentina, suggested the same approach in late April. In late March, Rio de Janeiro announced a similar plan, aiming to become the first Brazilian city to accept Bitcoin payments for taxes.

Source

@CryptoWorldAnalysis
6.0K views11:18
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2022-06-07 15:01:45
Goldman Sachs Survey Indicates Insurers Slowly Warming to Crypto

The
latest insurance survey report by a banking giant says 11% of US insurers are either already invested in crypto or planning to do so. In its latest survey of the insurance sector, Goldman Sachs has, for the first time, included questions related to cryptocurrencies. The replies of top global asset managers show that they’re slowly recognizing crypto assets as investments.

The survey asked the respondents to mention three asset classes that they think would deliver the highest returns in the next 12 months. Six percent of the respondents which work out to be 20 of the surveyed individuals, chose cryptocurrencies as the first option, while 9% picked the asset class among the top three. To a question, if the respondents are planning to increase, maintain, or decrease their allocations to the available asset classes, 1% of respondents said they would increase, and 7% said they would maintain their allocations.

Source

@CryptoWorldAnalysis
203.0K views12:01
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2022-06-06 14:40:01
Binance CEO Reveals a $1.6 Billion Loss in Terra Investments

Changpeng
Zhao, CEO of Binance, has disclosed that the company invested in Terra as part of a Binance Labs investment in 2018, worth $3 million at the time. In a recent interview with Fortune, the Binance CEO stated that he received some LUNA coins in return, which were kept in a cryptocurrency wallet address made public and left untouched, at around 50 million LUNA.

The Binance CEO added, "But we didn't make any money. Even today, theoretically we lost like $1.6 billion of investment at the top, and it's okay.'' The disclosure comes in the wake of recent concerns as investors queried whether Binance profited from the Terra ecosystem's demise, as well as whether CZ communicated with Terra co-founder, Do Kwon, as events unfolded.

Source

@CryptoWorldAnalysis
160.1K views11:40
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2022-06-05 17:39:02
Tether Co-Founder Believes TerraUSD’s Collapse Could Be the End of Algorithmic Stablecoins

TerraUSD
’s crash transpired an unprecedented level of scrutiny on DeFi’s financial mechanisms and inevitably brought the feasibility of algorithmic stablecoins into question. Co-founder of BLOCKv and the popular stablecoin Tether said that UST’s debacle is “probably be the end” of so-called algorithmic stablecoins.

At the World Economic Forum in Davos, Switzerland, Collins told CNBC that the collapse of Terra’s stablecoin isn’t surprising. He went on to add that algorithmic stablecoins are unlikely to survive. Terra’s fall from grace led to many speculating about the death of other stablecoins, but these notions are overblown. The big ones, such as USD Coin (USDC) and Tether (USDT), haven’t been immune to criticism either but have been around long enough to be widely used and trusted.

Source

@CryptoWorldAnalysis
128.1K views14:39
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2022-06-04 14:34:02
Chainlink VRF V2 is Now Live on Polygon

Since
its launch on Polygon last year, Chainlink Verifiable Random Function (VRF) has become the industry standard random number generator (RNG) solution for smart contracts. An upgrade to this indispensable tool is now live on the mainnet.

Polygon developers who require access to a secure, fast, and cost-efficient source of on-chain randomness can now leverage Chainlink VRF v2 in their decentralized applications to help secure NFT minting, generate fair outcomes in blockchain-based games, and enable a wide range of additional use cases across DeFi, DAO governance, and more.

Source

@CryptoWorldAnalysis
158.2K views11:34
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