Die EZB deutet an, welche Kriterien und Mechanismen sie für die Regulierung der Kryptobranche anwenden wird, um für möglichst viel Einheitlichkeit im europäischen Markt zu sorgen.
Terra-Chef Do Kwon sucht sich Rechtsanwalt, Behörden bereiten wohl Anklage vor
Der Kopf hinter Terra gerät nun wohl auch persönlich ins Visier der Ermittlungsbehörden, weshalb Do Kwon einen Anwalt eingeschaltet hat.
BNB price prediction as Bitgert and Rubic RBC price rebound
The BNB price pulled back to the lowest level since August 4 as cryptocurrencies recoiled. The token dropped to a low of $308, which is about 9.8% below the highest level this month. Still, the price rose by more than 67% from its lowest level this year, giving it a market cap of over $54 billion.
BNB tokens rise
BNB Chain, formerly known as Binance Smart Chain, is a blockchain platform that helps developers build decentralized applications (dApps).
It is a leading platform that has been used to build some of the biggest applications in the industry. Some of the top applications in the ecosystem are PancakeSwap, Venus, Alpaca Finance, and BiSwap.
BNB Chain has also been used to build some of the top games in the industry. Some of the top games in the ecosystem are MOBOX, SecondLive, Tiny World, and BinaryX.
At the same time, there are several other smaller projects that are seeing significant traction. For example, Rubic, which has a TVL of over $150 million, has risen by over 940% in the past seven days.
Similarly, Bomb Money’s token has risen by 181% while Bitgert price has risen by 136%. Other top coins in the BNB Chain like Stader and IInch have risen by 117% and 24% in the past few days.
The BNB price has dropped sharply in the past few days as investors take profits. Other cryptocurrencies like ETH, BNB, and XRP have all dropped.
At the same time, the total value locked (TVL) has dropped from an all-time high of over $21 billion to about $5.6 billion. Further, the volume of all non-fungible tokens (NFT) in BNB has dropped sharply in the past few days. According to CryptoSlam, the total volume of NFTs in the network has dropped by 54% in the past 24 hours to $229k.
BNB price prediction
The four-hour chart shows that the BNB price has been in a strong bearish trend in the past few days. It has dropped from this week’s high of $336 to the current $308. The coin has moved below the 25-day and 50-day moving averages while the Relative Strength Index (RSI) has been falling.
Therefore, the coin will likely continue falling as sellers target the lower side of the ascending channel at $290. A move above the resistance level at $322 will invalidate the bearish view.
The post BNB price prediction as Bitgert and Rubic RBC price rebound appeared first on CoinJournal.
Ethereum stellt klar: Merge wird Transaktionsgebühren nicht senken
Der Umstieg auf das PoS-Konsensverfahren wird die Gas-Fees des Ethereum-Netzwerks zunächst nicht senken.
We’d shut down Ethereum staking if threatened by regulators, says Coinbase’s CEO
Coinbase’s CEO says the crypto exchange will abandon Ethereum staking if threatened by regulatory agencies.
The Ethereum blockchain will fully migrate to a Proof of Stake (PoS) mechanism in less than a month. This implies that Ethereum tokens will be staked and not mined.
The move is designed to solve some of the key issues affecting the Ethereum network, including scalability and high transaction fees.
With the PoS mechanism, ETH holders can stake their coins on various crypto exchanges and platforms, granting them the opportunity to vote for node validators and have a say in how the network operates.
Coinbase CEO Brian Armstrong responded to a hypothetical scenario on Twitter today regarding Ethereum staking.
Armstrong stated that in the event of regulatory threats, Coinbase would shut down its Ethereum staking service. He added that Coinbase would do so in order to preserve the integrity of the blockchain network.
It’s a hypothetical we hopefully won’t actually face. But if we did we’d go with B i think. Got to focus on the bigger picture. There may be some better option (C) or a legal challenge as well that could help reach a better outcome.
— Brian Armstrong – barmstrong.eth (@brian_armstrong) August 17, 2022
However, he added that there could be a legal option where Coinbase will challenge the authorities and hope to reach a better outcome for everyone.
Coinbase is a publicly listed company and one of the first crypto companies to get listed on a stock exchange.
Coinbase has been struggling in recent quarters, largely due to the ongoing bear market. Like several crypto companies, Coinbase had to lay off a certain percentage of its staff to enable it to survive the crypto winter.
The San Francisco-founded company’s revenue declined by 61% in the last quarter. Coinbase reported an after-tax loss of $1.1bn, compared with the $1.6bn net profit it registered in the middle of the crypto boom last year.
However, the company said it’s $6.2bn in available capital would enable it to keep investing through the downturn.
The cryptocurrency market has been in a bearish trend over the past nine months, with most coins down by more than 50% from their all-time highs.
The post We’d shut down Ethereum staking if threatened by regulators, says Coinbase’s CEO appeared first on CoinJournal.