Laut einer neuen Umfrage haben die meisten Russen ein sehr geringes Wissen über Kryptowährungen und noch keine Investition in die Anlageklasse getätigt.
Voyager erhält grünes Licht für Bonuszahlungen an „wichtige“ Mitarbeiter
Das insolvente Unternehmen darf 1,9 Mio. US-Dollar an Bonuszahlungen an essenzielle Mitarbeiter ausschütten, nachdem nun eine Einigung mit den Gläubigern der Firma erzielt wurde.
Bitgert Price Has Recovered But Beware of a Bearish Pattern
Bitgert price has crawled back in the past few days as investors cheer its ecosystem growth. BRISE, its native token, rose to a high of $0.0000092, which was the highest level since August 7. It has surged by over 162% from the lowest level this year.
Bitgert TVL soaring
Bitgert is a relatively small but fast-growing blockchain project that seeks to become a leading player in the industry. It is an Ethereum-killer that is substantially faster and cheaper to operate. According to its developers, it is able to handle thousands of transactions per second (tps).
Bitgert is also significantly cheap to operate since it can handle millions of transactions for pennies. Some of the top applications created in Bitgert are Knit Finance, Midas NFT Marketplace, Briseswap, and Icecream Swap among others. $BRISE is the native token for Bitgert’s ecosystem.
Bitgert price has risen in the past few days as investors cheer the sudden growth of its ecosystem. According to DeFi Llama, Bitget has seen its total value locked (TVL) soar from almost zero to over $9 million.
This growth has been mostly because of Spynx, which has a TVL of over $6 million. IcecreamSwap has a TVL of over $2.1 million. Therefore, analysts believe that the TVL will continue growing in the coming months.
The next key catalyst for the Bitget price will be the upcoming Jackson Hole Symposium event in the United States. In it, Jerome Powell, the Fed Chair, will have an opportunity to talk about interest rates now that inflation has started falling.
Bitgert price prediction
The four-hour chart shows that the BRISE price has been in a strong bullish trend in the past few weeks. As a result, the coin has become one of the best performing in the market. It has rallied above the 25-day and 50-day moving averages.
Notably, this rally happened after the coin dropped to a low of $0.00000055, which was the lowest point on August 19. At the same time, it seems like it is forming a double-top pattern, which is usually a bearish sign.
Therefore, while the Bitgert price has some upside, there is a likelihood that it will soon pull back because of the double-top pattern. If this happens, the next key support to watch will be at $0.00000078.
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Coinbase introduces liquid staking token ahead of the Ethereum Merge
Crypto exchange Coinbase has launched Ethereum liquid staking token ahead of Ethereum’s migration to a proof of stake protocol.
Coinbase, one of the leading crypto exchanges in the world, announced via a tweet on Wednesday, August 24th, that it has launched its liquid staking token called, Coinbase Wrapped Staked ETH (cbETH).
This latest development comes a few weeks before the Ethereum Merge, an event that will see the Ethereum blockchain migrate to a proof of stake mechanism from its current proof of work.
Coinbase wrote that the Coinbase Wrapped Staked ETH (cbETH) is a utility token that represents ETH2, which is ETH staked through Coinbase. cbETH can be sold or sent off-platform, while ETH2 will remain locked up until a future protocol upgrade.
The crypto exchange added that the price of cbETH is NOT meant to track the price of ETH 1:1. cbETH represents staked ETH plus all of its accrued staking interest, starting from when cbETH’s conversion rate and balance were initialised.
Coinbase added that holders of ETH2 (staked ETH on Coinbase) could “wrap” their ETH2 and receive cbETH through its website. Wrapping functionality will be rolled out to eligible users progressively throughout the day, Coinbase said.
Liquid staking enables investors to generate extra income on top of standard rewards they make for staking or locking coins in a network.
With liquid staking, the locked staked coins are “wrapped” into transferable tokens, representing ownership of the underlying staked assets and any rewards earned.
The tokens generated from liquid staking are fully transferable and can be unwrapped to redeem the underlying staked assets.
Coinbase intends to generate massive adoption of its cbETH token, which will have several uses following Ethereum’s migration. In its whitepaper, Coinbase said;
“Our hope is that cbETH will achieve robust adoption for trade, transfer, and use in DeFi [decentralized finance] applications. With cbETH, Coinbase aims to contribute to the broader crypto ecosystem through creating high-utility wrapped tokens and open sourcing smart contracts.”
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Skale Network price crawls back as user growth stats soar
Skale Network price bounced back slightly on Thursday as investors waited for Jerome Powell’s statement at the Jackson Hole Symposium. The SKL price rose to a high of $0.063, which was the highest point since August 17. It has risen by about 40% above the lowest level this month.
What is Skale Network?
The smart contract industry is highly competitive, with Ethereum being the market leader. Other top players in the sector are Solana, BNB Chain, and Tron.
Skale Network is a smart contract platform that is changing how this industry operates by giving developers a platform to build applications in all industries. Unlike Ethereum, Skale has zero gas fees and has the possibility of running an unlimited number of fast, on-demand, pooled security blockchains.
It also enables developers to deploy their own EVM blockchain in minutes without compromising speeds and security. Most importantly, Skale is a fully decentralized platform that is owned by the community. Some of its other features are its on-chain file storage features, modular and linear scaling, and instant finality.
Skale Network price has risen in the past few days because of the strong stats in the ecosystem. Last week, the developers announced that the platform has handled over 3 million transactions. The number has grown to over 3.6 million now. In the past 30 days, it has handled over 2.1 million transactions.
This happened as the number of active users has gone parabolic. In July, it had less than 10k users while in August, the number is approaching close to 20k. This growth has led to a substantial amount of gas fee savings. In August, users have saved over $10 million in gas fees, higher than the $8 million they saved in July.
Skale Network price prediction
The daily chart shows that the SKL price has been in a strong bullish trend in the past few days. It managed to rally from this month’s low of $0.040 to the current $0.054. The coin remains significantly below the important resistance point at $0.092, which was the lowest level in January this year.
Skale is still below the 50-day and 25-day moving averages and it has formed a small inverted head and shoulders pattern. Therefore, the coin will likely continue rising as bulls target the next key resistance point at $0.092.
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