Bitcoin set a new 9-week losing streak. Famed crypto investor Tim Draper says women will drive the next bitcoin bull market. I guess they’ll take the bull by the horns. Ethereum gas fees have dropped to near-record lows. Naturally, gas fees will respond to supply and demand. When demand falls, gas fees drop. When demand rises, gas fees go back up. Same as fuel for your vehicle. Terra LUNA reboot drops 70 percent within hours of launch. After launching at $.5 on Bybit, the price shot up to $30. It has since fallen to the $6 range. One LUNA investor who lost over $2 million got arrested after visiting Terra Co-Founder Do Kwon’s home. Binance said it will list LUNA in its “high-risk” innovation zone. I wouldn’t touch LUNA right now with a 12-foot pole, which is what I use when I don’t touch something with a 10-foot pole. Mark Zuckerberg’s Meta is the target of a nasty headline. It seems a researcher went into Horizon World, Meta’s virtual world, and was raped. It only took one hour for a couple of avatars to assault her. The city of Seoul is building a 3.9-billion won municipal metaverse so its citizens can access public services. Cointelegraph says the metaverse could create jobs for millions. It will be interesting to see what Meta does about violence in its virtual world. Can virtual rape be prosecuted? Concerning municipal metaverses, that’s an interesting idea. I could see some large cities going that route, but what kind of city services could be delivered virtually? I’d imagine some we haven’t thought of yet. Interest in NFTs has dropped by 75 percent since January. But that didn’t stop Chanel Lee from quitting her day job to create an NFT collection. Meanwhile, a new creator marketplace has raised $1.4 million in seed money. And Goblintown is worth more than $50 million. One would expect a decline in interest during a bear market. Maybe there will be more interest during the next bull run. https://cryptocracy.substack.com/p/women-to-lead-the-next-bull-market?s=w
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