Analysten sind immer noch zuversichtlich, dass der BTC-Kurs Im Vorfeld des Ethereum Merge und des US-VPI über 23.000 US-Dollar klettern könnte.
Bitcoin, Ether im Wochenrückblick: Wie entwickeln sich Coins im Vorfeld des Ethereum Merge?
In der vergangenen Woche konnten die beiden größten Kryptowährungen kleinere Zuwächse verzeichnen.
Was sind Krypto-Trading-Bots und wie funktionieren sie?
In diesem Artikel erklärt Cointelegraph, was Krypto-Trading-Bots sind und wie sie Ihnen beim Traden helfen können.
Here’s where to buy Loom Network (LOOM) token after price rises 181% in two days
Loom Network (LOOM) has surprised the cryptocurrency market with its massive bullish surge over the past two days. The token has dropped a zero in a span of two days.
On September 11, the LOOM was trading at around $0.04 and today it is trading at $0.1117.
To help traders who want to take advantage of the Loom Network price surge, Coinjournal has prepared this brief guide on where to buy the LOOM coin.
To find out more, please continue reading.
Best places to buy Loom Network coin
Binance
Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.
Coinbase
Coinbase is a global cryptocurrency exchange. Its platform is well designed for beginner investors and it offers a wide range of coins, as it has over 100 to choose from. Coinbase has high level security built into the platform, a range of diverse features to use and it offers its users options for storing their crypto, such as being able to store coins on the Coinbase exchange.
What is Loom Network?
Loom Network was founded in 20127 and it is a service built on the Ethereum blockchain. It runs on Plasma, which is a scaling solution that allows for faster transactions throughout the network.
The main objective of Loom Network is to provide developers with access to smart contracts that have much more computing power and can maintain the same power at lower costs for tasks like onboarding new users. It also provides services for applications that do not need the full security of blockchain.
Loom Network provides developers with the opportunity of interacting with APIs developed by third parties and these APIs are not on-chain. It also allows smart contract developers to create applications without the need to switch to another programming language.
Loom Network has a native token referred to as Loom Network (LOOM) that is used to pay for services on the Network. LOOM token is an ERC-20 standard token.
Should I buy LOOM today?
If you want to invest in a cryptocurrency that had made triple-digit gains in the last two days, then LOOM could be a good choice.
However, it is important to take note of the fact that the cryptocurrency market is very volatile. Additionally, there is no concrete reason behind the current Loom Network price surge making it difficult to predict how long the rally will last.
Loom Network price prediction
At the current rate, analysts expect the LOOM token to get above $0.2 by the end of the week.
However, the token must first undo the current pullback that has seen its price drop from a daily high of $0.1384 to its current price of $0.1155.
$LOOM social media trends
🏹1D Logarithmic Chart has MET and BROKEN the TARGET at $0.1114 and is currently holding just below!
With prices above, the Loom target will be at $0.1898 and they may push an additional +60% to reach it! https://t.co/rkxyJagCLj pic.twitter.com/YkXe3tOR1q
— JAVON⚡️MARKS (@javonnnm) September 11, 2022
The post Here’s where to buy Loom Network (LOOM) token after price rises 181% in two days appeared first on CoinJournal.
SEC sets up a new office dedicated to managing crypto issuer filings
The United States Securities and Exchange Commission (SEC) announced two new offices in addition to the seven present to facilitate exclusive support in reviewing issuer filings. Aimed purely at dealing with crypto assets, one of the two new offices is meant to be the regulatory body’s solution to the increasing influx of crypto issuers in the country.
The two new offices – an Office of Crypto Assets and an Office of Industrial Applications and Services will function under the Division of Corporation Finance’s Disclosure Review Program (DRP) and specialize in “providing a focused review of issuer filings,” the SEC stated.
The authority also confirmed that the Office of Crypto Assets would continue the work performed across the DRP to review filings involving crypto assets.
Assigning companies and filings to one office will enable the DRP to focus its resources and expertise better to address the unique and evolving filing review issues related to crypto assets, it added.
Renee Jones, director of the Division of Corporation Finance SEC, explained that the rate of growth of cryptocurrencies had shown the need to provide greater and more specialized support in the DRP’s Office of Finance. She elaborated:
“The creation of these new offices will enable the DRP to enhance its focus in the areas of crypto assets, financial institutions, life sciences, and industrial applications and services and facilitate our ability to meet our mission.
Last week SEC Chairman Gary Gensler said that he had instructed the SEC staff to work directly with entrepreneurs to get their tokens registered and regulated, where appropriate, as securities.
The other new office- the Office of Industrial Applications and Services, will focus on non-pharma, non-biotech, and non-medicinal products from the Office of Life Sciences.
The post SEC sets up a new office dedicated to managing crypto issuer filings appeared first on CoinJournal.