Wild price swings have been a defining feature of bitcoin throughout its near 13-year life. The first half of 2021 has been no different, despite hopes that greater liquidity in markets and stronger infrastructure would dampen swings.
“What we found out in the second quarter was that actually demand for bitcoin is price sensitive,” he said. “Some institutional investors started getting out of bitcoin in April … they thought bitcoin prices were too high relative to gold.”

Floods may be nearly as important as droughts for future carbon accounting

Jul 1, 2021

“These wet extremes have basically been ignored in this field and we’re showing that researchers need to rethink it when designing schemes for future carbon accounting,” said senior study author Alexandra Konings, an assistant professor of Earth system science in Stanford’s School of Earth, Energy & Environmental Sciences (Stanford Earth). “Specific regions might be much more important for flood impacts than previously thought.”

WHO chief calls for vaccinating at least 10 per cent of population of every country by September

Jul 1, 2021

”Vast inequities in the access to vaccines are fuelling a two-track pandemic. While some countries have reached a high level of coverage, many others don’t have enough to vaccinate health workers, older people & other at-risk groups,” the World Health Organisation Director General said in a virtual address to India Global Forum.

World must prepare for future crises by setting up Global Fund for Social Protection:UN expert

Jul 1, 2021

According to the International Labour Organisation (ILO), the majority of the world’s population — 55 percent, or 4 billion people — lacks any form of social protection. Another 16 percent, or 1.2 billion people, enjoy only partial protection. Only 35 percent of children, approximately one in three, benefit from child allowances that would ensure they receive childcare, nutrition and education.

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