Monthly Archives: June 2021

Tanzania cbank says it is working on president’s cryptocurrency push – Reuters

Posted: June 28, 2021 at 9:58 pm

DAR ES SALAAM, June 25 (Reuters) - Tanzania's central bank has said it is working on President Samia Suluhu Hassan's directive to prepare for cryptocurrencies, pointing to a possible reversal of a ban it put in place in 2019.

The new president, who came to power after the death of her predecessor in March, said this month the arrival of digital currencies in the East Africa nation was inevitable.

"In the financial sector, we have witnessed the emergence of blockchain technology or cryptocurrency," Hassan said during the opening a new central bank branch in the northern town of Mwanza this month.

"Many countries in the world have not accepted or started using these currencies. However, I would like to advise the central bank to start working on those issues. Just be prepared."

Her comments made shortly after El Salvador became the first country in the world to adopt bitcoin as a legal tender, prompted fresh debate over the role of cryptocurrencies in economies and remittance transfers. read more

Tanzania's central bank banned cryptocurrencies in November 2019, saying they were not recognised by local law, but it now says it is adapting following the president's comments.

"The bank is working on the directives given," a Bank of Tanzania spokesperson told Reuters this week, declining to give further detail.

GRADUAL PREPARATIONS

The spokesperson did not respond to questions on whether the bank plans to adopt existing cryptocurrencies such as bitcoin, or was looking to issue its own digital currency as China has done.

Hassan's comments reflect her much more open attitude to foreign investment, a shift from the stance of her predecessor John Magufuli, who tussled with foreign gold miners and even locked horns with neighbouring Kenya over access to the market.

Tanzania Bankers' Association chairman Abdulmajid Nsekela welcomed Hassan's push, for the $63 billion economy still relies heavily on cash transactions.

"The most challenging element for regulators is to be caught by surprise by innovations," he said. Gradual preparations would help the central bank assess the risks and come up with ways of addressing them in advance, he added.

Analysts warned that progress might be slow.

"The change in tone from Tanzania's president is clear, but wait to see whether the central bank will take concrete steps towards embracing cryptocurrencies," said Faith Mwangi, an analyst at Tellimer.

Mwangi pointed to Uganda, where President Yoweri Museveni made similar comments back in 2017, but the central bank has yet to rescind its ban on cryptocurrencies.

Reporting by Nuzulack Dausen in Dar es Salaam and Duncan Miriri in Nairobi; Additional reporting by Omar Mohammed; Writing by Duncan Miriri; Editing by Karin Strohecker and Andrew Heavens

Our Standards: The Thomson Reuters Trust Principles.

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Top 10 Cryptocurrency Trends in 2021 Everyone Should Know – Analytics Insight

Posted: at 9:58 pm

2020 was a remarkable year for cryptocurrency as COVID-19 accelerated the digital transformation. No doubt, 2021 is also witnessing major breakthroughs and achievements as cryptocurrency trends are shaping the future of finance. We are halfway through 2021, but new developments in the crypto world are emerging each day. In the next six months, we can expect more crypto adoption and top cryptocurrency trends ruling the crypto space.

If you are a crypto enthusiast, you should know the top crypto trends for better investment decisions. Here are the top 10 cryptocurrency market trends in 2021 for everyone to watch out for.

Decentralized financial services or DeFi projects will be one of the biggest trends in the crypto world in 2021. DeFi projects have built a strong foundation in the financial field lately. Moreover, experts believe that DeFi will be one of the key drivers for the accelerated adoption of digital storage of assets or tokenization. Also, with the growth of Ethereum (built on DeFi protocols), DeFi will also boom.

In 2020, the volume of stablecoins in circulation was increased by 500%. Dollar pegged stablecoins will see more light of the day in 2021 with Tether and USDC being the market leaders. Stablecoins are one of the trending crypto coins today. With the advantages that stablecoins offer, more investors are investing in them to protect themselves from usual crypto market volatility.

This bubble is definitely growing bigger with the increased adoption of cryptocurrency from different countries across the world. Still today, crypto taxation is ambiguous. But, this year, we might see crypto standard crypto regulations that will govern crypto activities and transactions. This crypto market trend will come into effect soon.

Experts say that with regulations coming into the picture, central banks will also be a part of the game with the introduction of Central Bank Digital Currencies (CBDCs). This can also become the future of payments and finance. You must have heard of China creating its own digital money digital yuan. Similarly, other countries such as the USA, UK, Europe, etc. are attempting to create tokenized money.

Growing cryptocurrencies may test their waters for IPOs. With crypto exchanges also growing in popularity, even they would go public. This might make crypto a well-established market with major players defining the scope.

Crypto lovers are desperately looking forward to the ETF this year. However, it might take some time as the US SEC has rejected its decision on ETFs for a long time now. Nonetheless, if ETFs get approved, more traders will invest in cryptocurrencies instead of having exchange wallets. This will bring a boom in the crypto world.

NFTs are digital assets representing products in the real as well as the digital world. It is quite useful for people who wish to trade items as they can avoid the complex onboarding process of a centralized platform to trade them. NFTs are already widely being used in the art and gaming industry. This year, we will see more adoption of NFTs.

Be ready to pay crypto tax as many countries are planning to implement it soon. Governments of different countries are creating tools to monitor cryptocurrency transactions. In 2021, we might see crypto exchanges reporting on their customers gains to their tax authorities.

5G will be extensively used to decide on mining operations, DeFi applications and to introduce new services in the market. Network issues for traders will be resolved as 5G will offer high-speed connectivity, eliminating the need of placing servers close to crypto exchanges.

Apart from investors, millennials are really interested in the crypto field. More educational material on cryptocurrency will be available and accessible to guide millennials in the highly volatile crypto market. Crypto market trends today will guide millennials to invest strategically.

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Forget Meme Stocks and Cryptocurrency: This Healthcare IPO Could Make You Richer – Motley Fool

Posted: at 9:58 pm

With so many stories happening at once in the financial markets -- inflation, jobs, meme stocks, cryptocurrency -- it would have been easy to miss the initial public offering (IPO) of a fast-growing digital platform for doctors. Investors who overlook it might be missing a transformational company before its growth really takes off.

Doximity (NYSE:DOCS) made its debut this week and promptly doubled on its first day of trading. The company has an enviable roster of customers, and financial results that set it apart from most other high-flying tech companies. Digging deeper highlights just how many things the company has going for it.

Image source: Getty Images.

The company has been compared to LinkedIn for doctors. That's far too simplistic a description. But it's understandable since more than 80% of U.S. physicians are members. In fact, the company is so focused on doctors that it set aside shares and allowed doctors to participate in the IPO. More than 10,000 took advantage.

Its reach extends beyond individual docs. The company also claims to have the top 20 pharmaceutical companies, as well as the top 20 hospitals and health systems as clients. The extent of those relationships is unclear. But the ecosystem it is creating is quickly becoming an integral part of how many physicians perform their work.

Despite the comparison to a professional network, the platform offers many productivity tools beyond just connecting with other physicians. Co-founder and chief strategy officer Nate Gross jokes that the company is a mix of 'docs and dorks'. The combination is producing time-saving applications that doctors love.

For instance, the dialer tool allows physicians to contact patients from their cellphones while displaying their office number. This enables them to make the best use of their time while keeping personal information private. Similarly, the video dialer sends patients a 'no reply' text link for video calls. That extended the telehealth application it launched early in the pandemic.

The platform also has a newsfeed. It is a curated stream of the latest medical news and research. This feed can be highly targeted to a physician's specialty. The hiring solutions function offers a digital recruiting channel to help staff vacancies and manage their own careers. With over 100,000 reviews on Apple's App Store, Doximity rates a 4.8 out of five.

The platform is free to doctors. Revenue comes from paying clients such as health systems and pharmaceutical companies. That revenue is generated through subscriptions that tend to grow over time. The company's net revenue retention -- a measure of how much the same customers spend year over year -- was 153% for the year ending March 2021. That's outstanding. And it isn't the only impressive financial metric.

The company hasn't taken cash from investors for the past seven years. It turns out, it hasn't needed to. Not only is the company cash flow positive, Doximity has generated profits in each of the past three years. The financials show the platform is scaling nicely. As sales have grown, profit margins have expanded.

Data source: Doximity; *fiscal year ends March 31.

Despite the profits, investors will have to keep an eye on costs. In the three years the company shares in its initial filing with the Securities and Exchange Commission (SEC), both research and development and sales and marketing costs dropped as a percent of revenue. That could mean management didn't need to invest as much to grow. On the other hand, general and administrative expenses (G&A) have remained steady.

Headcount in the most recent fiscal year was up 139%, while G&A expenses climbed 122%. In its filing, management pointed to its acquisition of a healthcare staffing company as the culprit. At a price-to-sales multiple of 48, Wall Street expects management to spend money on growth. As the top line continues expanding, it will want to see those non-growth expense ratios come down.

Doximity's platform has the potential to play a unique role in the changing healthcare industry. With so much of a doctor's productivity dependent on technology built without user experience in mind, the company could be an important catalyst for reducing physician burnout. Similar to Veeva Systems' use of cloud computing to streamline the life sciences industry, Doximty could do the same for physician workflows. The industry has missed in most of its attempts to work smarter not harder over the years. Doximity might be the tool that changes that.

This article represents the opinion of the writer, who may disagree with the official recommendation position of a Motley Fool premium advisory service. Were motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

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Elon Musk says Starlink will go public when its cash flow is more predictable – CNBC

Posted: at 9:58 pm

SpaceX founder and Tesla CEO Elon Musk visits the construction site of Tesla's gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021.

Michele Tantussi | Reuters

Tesla and SpaceX CEO Elon Musk said he will only publicly list satellite broadband service Starlink when its cash flow is more predictable.

Starlink, which is currently operated by space exploration firm SpaceX, allows people to connect to the internet via a satellite dish that is placed on or near their property. The internet is beamed down to the dish via Starlink satellites that have been put into orbit by SpaceX.

"Going public sooner than that would be very painful," Musk said in a tweet late Wednesday. "Will do my best to give long-term Tesla shareholders preference."

The billionaire's tweet came after a Twitter user asked him: "Any thoughts on Starlink IPO we would love to invest in the future. Any thoughts on first dibs for Tesla retail investors?"

SpaceX President Gwynne Shotwell said last year that Starlink could be spun off from SpaceX for an initial public offering.

Starlink, which is based in Redmond, Washington, ultimately wants to provide the world with faster internet, starting by improving internet access in parts of the world that aren't currently served by broadband providers.

It plans to do this by putting thousands of small telecoms satellites into low-Earth orbit that can beam high-speed, low-latency internet to the ground.

Starlink is currently trialing its service with customers in 11 countries including the U.S. and the U.K.

Musk said in May that the company had received more than 500,000 preorders for its internet service and anticipates no technical problems meeting demand.

Starlink should be able to provide continuous global coverage by September, Shotwell said Tuesday.

"We've successfully deployed 1,800 or so satellites and once all those satellites reach their operational orbit, we will have continuous global coverage, so that should be like September timeframe," she told a Macquarie Group technology conference via webcast, according to Reuters.

"But then we have regulatory work to go into every country and get approved to provide telecoms services."

Starlink has said it plans to launch 12,000 satellites in total at a cost of approximately $10 billion.

Musk said in May that Starlink will be a crucial source of funding for some of his other plans, including sending paying customers to Mars and colonizing Mars.

In an interview in March last year, Musk said SpaceX could make up to $30 billion a year by providing broadband. He said that Starlink will be "helpful to telcos because Starlink will serve the hardest to serve customers" adding that 5G isn't great for the countryside because "you need range."

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At the Rate Things Are Going, American Rovers Might Find Chinese Cities on Mars – autoevolution

Posted: at 9:58 pm

To date, five rovers made in America, at least partially, have been sent to the Red Planet. They are the Sojourner, Spirit,Opportunity, Curiosity, and Perseverance. Of them, only two are presently still active, the Curiosity and the recently arrived Perseverance, and theyre accompanied by a tiny helicopter called Ingenuity.

Each of the five land-based pieces of hardware sent up there by the Americans is extraordinary in one way or another. A good chunk of them far exceeded their initial life expectancy, some have made discoveries no one expected, while others (or should we say pretty much all of them) have sent back precious data and images that kept keep scientists busy and the public in the loop.

Even if you personally are not all that interested in space exploration in general or the exploits of the human-made rover on Mars in particular, chances are you at least once saw a photo of the planet sent back by the said rovers or a selfie portraying one of them surrounded by the surreal Martian landscape.

Theyre extraordinary stills, revealing a world our race might eventually end up colonizing, a future home for the generations to come. They also reveal how, at times, the lack of an idea so simple it should seem obvious to all allows others to take the lead.

The American photos of Mars show just the desolate landscape, or the motionless rovers from awkward angles, at times weirdly distorted on account of a large number of shots being stitched together for a more panoramic look.

To date, despite decades of experience, American engineers didnt think of sending to the planet a wireless camera one of the rovers could plant in the soil and snap the first, proper photo of a human-made wheeled machine on Mars.

Also, despite decades of experience, the Americans didnt consider for one bit they could use that camera to snap an actual video of the rovers moving on the reddish surface of the neighboring piece of rock, making this entire Mars exploration thing much more real for us here on Earth.

The Chinese did both in the span of a single month.

As you might already know, back in May, the Asian nation became the second to land a rover on Mars. Zhurong is how its called, and while its not supposed to live for long, it has already made history.

Shortly after it came down from its lander, it planted a wireless camera in the Martian soil and moved away some 30 feet (10 meters) to take a photo of itself and the lander, Chinese flag includedthat reminds me, when's the last time you've seen the American flag on Mars?

That happened in mid-June, but now, as the month is drawing to a close, the Chinese released something even better: actual footage of the Zhurong moving away from the camera (check tweet attached below), which, if I am not mistaking, is the first time humans can experience a rover from this perspective.

China is a very propaganda-conscious nation and one that has ambitions of colonizing the solar system. It has these ambitions since about the same time as the Americans, but it is only in the past two decades or so that they have really taken off.

Thats because China is pumping huge amounts of resources into space exploration. In the span of a few short years, the country sent its people to space, landed on Mars, and sent a crew to a space station it just began building in orbit this month.

The scary (or encouraging, depending on which side of the fence you're on) part is that this whole space thing seems to come natural to the Chinese, who make it look all easy and simple.

It might be a big gamble, but if I were a betting man, Id put my money on China becoming the first to send people to Mars, and who knows, even set up a colony there.

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Naijacrypto and Dash join forces to launch the first cryptocurrency exchange in Haiti – Finextra

Posted: at 9:58 pm

Naijacrypto, Dash Haiti, and Dash Core Group are pleased to announce the first cryptocurrency market to launch in Haiti, a country beset with a lack of financial infrastructure.

This is a huge opportunity for Haitians because they can now buy Dash with their national currency, and participate in this great global economy of cryptocurrencies. Previously a Haitian had to trust someone abroad to buy Dash for them or buy it with a credit card, but credit cards are only accessible to a minority.

Joseph Micarlo Emile, Community Leader at Dash HaitiThis new Naijacrypto exchange is significant in that Dash, the most established cryptocurrency in the payments sector will operate as the first currency to allow for on-ramp transactions in fiat to exchange for cryptocurrency allowing for more financial freedom opportunities for residents. Other exchanges require crypto to crypto transactions, but with Naijacrypto, users will have additional options to participate in first-world markets.

As the Dash cryptocurrency market develops in Haiti, customers will also be able to utilize Dash for remittances from the U.S. to the Caribbean country. As part of this second phase of engagement, users in Haiti will now be able to acquire, store, and sell Dash, the most established cryptocurrency in the payments sector. As one of the very first exchanges with any focus in Haiti, on-the-ground support is imperative for the success of this initiative. Dash Haiti, a Dash community organization born from the DAO and based in Port-au-Prince, will play the pivotal role of providing this support and will work to raise awareness to the population through a number of channels and activities.

Dash Haiti and Dash Core Group will be putting marketing resources toward the launch and expectations are high. Efforts will be focused on building community and developing the Dash ecosystem.

This is a particularly exciting engagement as this brings Dash, and really cryptocurrency into Haiti. Were bringing the lessons learned from growing the Venezuelan market to a new market.

Omar Hamwi, Business Development Lead at Dash Core Group Inc.Dash has seen significant growth in economically affected markets such as Venezuela. Dash is accepted in most major stores in the country, including Traki, Excelsior Gama, Churchs Chicken, and other major stores, to small kiosks and even being able to pay your parking in Dash. The Dash Core Group team has been working to use Dash to solve critical problems in markets suffering from severe hyperinflation for the last few years. It is this experience and knowledge they are leveraging with their entry into Haiti.

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In science we trust | CBC News – CBC.ca – CBC.ca

Posted: at 9:58 pm

This idea was not new. Plato believed society functioned best when it was run by experts. Technocracys focus on engineers was rooted in the conviction that there was a technological fix to almost all of societys problems.

Today, the idea that governments are too slow, too inefficient, too lacking in expertise to solve hard problems is widely shared among the engineers and entrepreneurs of Silicon Valley.

This libertarian impulse has always been part of the ethos of Silicon Valley. One of its first and most forceful expressions came in 1995, when tech pioneer John Perry Barlow delivered his Declaration of the Independence of Cyberspace to the World Economic Forum in Davos, Switzerland.

Governments of the Industrial World, you weary giants of flesh and steel, the Declaration began. I come from Cyberspace, the new home of Mind. On behalf of the future, I ask you of the past to leave us alone. You are not welcome among us. You have no sovereignty where we gather.

Silicon Valleys attitude towards government has become more accommodating since Barlow delivered his declaration, both out of choice and necessity. But there remains a conviction that, left to their own devices, tech companies are better able to solve problems in areas like transportation, education and health care, where decades of government regulation have put a break on innovation.

Theres a lack of focus on efficiency, lamented former Google executive chairman Eric Schmidt on a panel about government and technology in 2019. The reason there's no innovation in government is there's no bonuses for innovation. In fact, if you take a risk and it fails, your career is over.

This is the kind of overblown rhetoric weve come to expect from engineers and entrepreneurs in Silicon Valley, and their insistence that governments should step aside in favour of true problem-solvers is clearly self-serving. But the idea that we should be looking to experts rather than politicians for solutions to massively complex problems like a deadly pandemic or a climate emergency is gaining traction everywhere.

The idea of an apolitical world is appealing more and more to people, argues Eri Bertsou, a senior researcher at the University of Zurich and co-editor of a 2020 book called The Technocratic Challenge to Government.

People are tired, and they are put off by the commotion and the disagreement of representative politics, Bertsou said. So it's this appeal of an efficient machine-like system where problems can be identified through evidence, facts, reason, rather than ideological beliefs. I think that a lot of people find that appealing.

Bertsou has been studying the rise of technocratic governments around the world, especially in Europe. In February 2021, Mario Draghi, an economist and former president of the European Central Bank who had never held political office, was named Italian prime minister to help manage the countrys post-pandemic economic recovery.

Draghi is a technocrat, chosen for the specific experience he brings to the job. Italians are fond of technocrats, especially when times are tough, and Draghi is the fourth technocrat prime minister there since 1993. You can also find cabinet-level technocrats in Greece, France and Lebanon, among other countries. But none of them would be embraced by Technocracy, because they are still operating within the price system, still treating symptoms, not the disease.

While the number of technocrats in government is on the rise, so, too, is the number of populist politicians who wear their lack of expertise like a badge of honour.

During the 2020 U.S. presidential campaign, U.S. President Donald Trump mocked his opponent, Joe Biden, for saying he would listen to the scientists when it came to managing COVID-19. If I listened totally to the scientists, Trump proclaimed, wed have a country right now that would be in a massive depression.

But theres been a price for not listening to the experts. Countries run by populist leaders of various shades particularly the U.S., Brazil and the U.K. have recorded among the highest COVID-19 death rates.

For longtime Technocracy Incorporated supporters like Ed Blechschmidt, the idea that anyone would question the science around the pandemic, or anything else, is mystifying.

You cant argue with science and technology, he insisted. Science exists and scientific fact is fact. You cant have a political position about it. You have to recognize it and implement science.

But as weve discovered during the pandemic, science can sometimes speak with many voices, and by definition, representative democracy requires a constant balancing act among competing interests. Governments have to listen to the scientists but also to business people, parents and others.

Bertsou believes that by insisting on finding the one correct solution to every problem, Technocracy has presented a false dichotomy. There is not one type of scientific knowledge, and no one way of governing social problems.

Technocracy Incorporated began nearly a hundred years ago by seeking answers to two important questions: Why on a continent so rich in natural resources, energy and industrial capacity, were so many people suffering? And how could democracy, with all its obvious imperfections, continue to function effectively in a world where science and technology played an ever more dominant role?

Technocracys answers to both those questions were bold, radical, overly complicated and wildly impractical. Today, no one is talking about a North American Technate or a 16-hour work week or replacing money with energy certificates. But it would be wrong to dismiss Technocracy Incorporated as just another failed utopian scheme not while the answers to those two questions remains so elusive.

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Elon Musk Said To Have Talked With Walter Issacson Over A Biography – Benzinga

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Biography author Walter Isaacson has been in touch with Tesla Inc(NASDAQ: TSLA) CEO Elon Musk to discuss the possibility of penning a biography of the billionaireentrepreneur, as per a Fox Business report.

What Happened: As per the report, Isaacson, whose biography on late Apple Inc (NASDAQ: AAPL) co-founder Steve Jobs sold over 3 million copies, has spoken with Musk over the telephone in recent weeks; the two plan additional conversations before a final decision is made.

Musk is known to have shown interest in having someone of Isaacson's stature write his biography but a final decision is still pending, the report said citing sources.

Isaacson conducted more than 40 interviews and spent two years writing his most popular biography on the iconicAppleco-founder.

The author of "The Code Breaker," "Leonardo da Vinci," "Benjamin Franklin," and "Einstein" in an interview with Yahoo Financein Marchcalled Musk in some ways Steve Jobs of our time because hes crazy enough to think he can change the world.

See Also: Did Billionaire Elon Musk Sell All His Mansions To Live In A $50,000 House?

Why It Matters: In February, Musksaid on Twitter that he is writing a book on Tesla and SpaceX. The renowned entrepreneur and innovator who wants to colonize Mars, has created a unique legacy of his own with a mix of invention and entrepreneurial spirit.

Price Action: Tesla shares closed 1.17% lower at $671.87 on Friday.

For news coverage in French, Italian, or Spanish, check outBenzinga France,Benzinga Italia, orBenzinga Espaa.

Photo by Heisenberg Media on Flickr

2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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There is no life in the atmosphere of Venus – Tech News Inc

Posted: at 9:58 pm

With a temperature of about 500 degrees Celsius, the surface of Venus is hostile to life but the higher temperatures in the planets atmosphere are much lower. Could microorganisms colonize this area? My research team has now answered this question with a resounding refusal. According to scientists in the journal Nature Astronomy, there is not enough water for life. Mars offers better prospects. Lakes on the Red Planet have not only provided sparse conditions, but have also been life-friendly for millions of years, a second team also reports in Nature Astronomy.

Only recently has the supposed discovery of phosphine gas in the atmosphere of Venus sparked discussions about life on the planet. However, research on this matter has so far overlooked the role of aquatic activity in ecological livability, explain John Halsworth of Queens University Belfast and colleagues. Biologists use water activity to describe the proportion of unconstrained water, that is, water that is available for life processes. This value can range from 0 to 1, but life is only possible if the water activity is greater than 0.585.

Hallsworth and his team have now analyzed conditions in the highly volatile region of Venuss atmosphere. It turns out that the value of water activity in this area is less than 0.004 water is rarely available for life there. According to scientists, this is caused by large amounts of sulfuric acid droplets. This means that there are no microbes there.

The situation is different with Mars: Hallsworth and colleagues have determined a water activity of 0.537 for its thin atmosphere just below the limit allowed for a life-friendly environment. Since the climate on the Red Planet has changed dramatically during its history, the atmosphere may have been more favorable for life in the past.

This is also supported by the findings of a study by Elizabeth Lusa Adams and colleagues from the University of Vigo in Spain. The team analyzed X-ray measurements taken by the Curiosity rover on sediment deposits in Gale crater. Curiosity has been traveling in this Martian crater since 2012, where there was a lake in the early days of Mars. Until now, we did not know whether the sediments were formed by the slow process of deposition or by short-term selective floods, Losa-Adams and colleagues explain.

With the help of X-ray measurements, the researchers were able to examine the crystalline structure of the sediment and learn how it was deposited. Their finding: The sediment must have been deposited in calm waters over a long period of time. So the lake in Gale Crater was not a short-lived body of water, but rather provided life-friendly conditions for a much longer period of time perhaps up to ten million years. The temperatures should also have been suitable for the emergence of life during this epoch, because the water did not freeze into ice and did not evaporate very quickly. Unlike the atmosphere of Venus, it is possible that life may have arisen in the water-rich environment of the young planet Mars.

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Cryptocurrency Prices Today on June 24: Bitcoin, Ethereum tumble; Dogecoin in green – Moneycontrol.com

Posted: at 9:58 pm

Bitcoin's price is currently $35,325.09 and its dominance is currently 46.62 percent, a decrease of 0.71 percent over the day.

June 24, 2021 / 07:53 AM IST

Cryptocurrency prices of most of the coins continue to be in the red on June 24. The global cryptocurrency market cap is $1.32 trillion, a 1.9 percent decrease over the last day, while the total crypto market volume over the last 24 hours is $93.69 billion, which makes a 37.09 percent decrease.

The volume of all stable coins is now $74.89 billion 79.93 percent of the total crypto market 24-hour volume. Bitcoin's price is currently $35,325.09 and its dominance is currently 46.62 percent, a decrease of 0.71 percent over the day.

This comes after the stock price of cryptocurrency exchange operator Coinbase has been on a slide this week, as it opened at a near all-time low of $220 on June 21 and is as of 10.00 am on June 23 at $222.47.

Trading at $222.47 on NASDAQ, Coinbase was down $0.13 as of 10 am IST on June 23. It opened at $216.25, touched a high of $223.15 and a low of $210.77 through the day.

The shares have been range bound around $220 levels since June 21, when it slumped by 49 percent from its all-time high of $430 at listing in April.Coinbase was listed on NASDAQ on April 14, 2021 becoming the first major crypto company to go public. It has since seen a range low of $208/share and high of $430/share.

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