Day: July 11, 2022

Rebase Token Economy Dropped From $8 Billion to $577 Million in 7 Months – Markets and Prices Bitcoin News

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Seven months ago, the top rebase crypto tokens by market capitalization were collectively worth $8.03 billion and since then, the entire rebase token economy has lost more than 92%, dropping to $577 million. Olympus has dropped 99% since the asset’s all-time high (ATH), klima dao shed 99.9%, and wonderland is down 99.8% from its ATH. Elastic Rebase Tokens Fall Short of Expectations, Sliding 92% Since November 2021 Last year when the bull run started, rebase tokens were becoming extremely popular and their fiat values jumped a great deal toward the…

G20 regulator to present global crypto rules in October 2022

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The Financial Stability Board (FSB), a global financial regulator including all G20 countries, is preparing to propose international regulations for cryptocurrencies and stablecoins in October. The FSB on Monday issued a statement on the international regulation and supervision of crypto asset activities, announcing a major crypto regulation effort. The watchdog is planning to report to the G20 finance minister and central bank governors in October 2022 on regulatory and supervisory approaches to stablecoins and other crypto assets. By that time, the FSB targets a public consultation report on the review of…

Ways To Stabilise Volatile Crypto Market | Coffee & Crypto

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Today’s Coffee & Crypto explores the two best ways to stabilise the volatile cryptocurrency market, namely buyback and burn. While buyback removes crypto assets from circulation to adjust availability and can buy them back, coin burning is the act of sending tokens to an unusable wallet address, where they are lost forever. Founder and CEO of Bru Finance Ashish Anand and Chief Blockchain Architect at Wrapped Asset Project Rohas Nagpal explain these two terms further, and how they can be best employed…

3 reasons why Solana can repeat Ethereum’s 2018 fractal to 5,000% gains

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Solana (SOL) still has room to fall in the near term, but SOL/USD can rally 5,000% if it follows in the footsteps of its top rival Ethereum.  That Ethereum 2018 fractal SOL risks dropping to $15 on anticipations it would behave like Ethereum during the market crash in 2018. Notably, Ethereum’s native token Ether (ETH) price fell to nearly $79 in December 2018 after undergoing a 95% correction earlier that year from its peak of $1,529. Afterward, it underwent a long recovery, rising nearly 6,000% over the next four years…

The Critical Role Of Real-World Assets In The Future Of DeFi

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Crypto was born from the desire to create a better, more equitable financial system built atop of an infrastructure that’s inclusive, and accessible to anyone, no matter who they are or where they live. Since the introduction of Bitcoin in 2009, the cryptocurrency industry has matured far beyond its original concept as a medium of exchange, spawning countless new use cases. Decentralized finance, as these new use cases have collectively become known, refers to a range of financial services that can be accessed by anyone without the involvement of a…

Major South Korean telecom company plans launch of blockchain wallet for crypto and NFTs

South Korean telecommunications giant SK Telecom has signed a joint agreement with other blockchain firms aimed at developing a digital wallet which can support cryptocurrencies, nonfungible tokens, and digital credentials. In a Monday announcement, SK Telecom said its blockchain arm would be collaborating with AhnLab Blockchain Company and Atomix Lab to develop and operate a Web3 wallet. According to the firm, it will be using Soulbound Tokens, or SBTs, to verify credentials seemingly including memberships and certifications in addition to being capable of storing digital assets. Atomix Lab will use…

XTZ Nears 3-Week High, UNI Remains Close to 2-Month High – Market Updates Bitcoin News

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XTZ was a notable mover in the crypto top 100 on Monday, as prices rose towards a three-week high to start the week. Prices collided with a key resistance level during the move, and this came as UNI continued to trade above a ceiling of its own. Tezos (XTZ) XTZ was a notable mover to start the week, as prices rose towards a three-week high during Monday’s session. Following a low of $1.54 during yesterday’s session, XTZ/USD rose to an intraday peak of $1.68 earlier today. This surge in price…

Why Peter Brandt Thinks Cardano Is The Definition Of “Ugly”

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Cardano (ADA) has been unable to follow through with its weekend bullish momentum. The cryptocurrency lost last week’s gains and seems poised for further losses as the crypto market trends sideways. Related Reading | TA: Bitcoin Price Trims Gains, Key Breakdown Support Nearby At the time of writing, Cardano (ADA) trades at $0.44 with a 5% loss in the last 24 hours. ADA’s price trends to the downside on the 4-hour chart. Source: ADAUSDT Tradingview The cryptocurrency is at critical levels as $0.40 was operated as support during these past months’…

18/03/22| Crypto news today | Shiba inu coin news today | Cryptocurrency | Bitcoin news today | BTC

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 18/03/2022| Cryptocurrency news today | Crypto news today | Bitcoin news today | Hindi | Cryptocurrency for beginners In this video, we have covered news from across the Globe. Watch this video and keep yourself updated. Latest Crypto updates latest Crypto News. Cryptocurrency news today Crypto news today Bitcoin news today in Hindi. ===================== For business-related inquiries: youtube@bitbns.com ===================== New’s Covered in the Video -UAE Hospitality Brand Stella Stays Now Accepts Crypto. -Spanish Medical And Nutritional Consultation Company ‘Nutrymet’ Now Accepts Shiba…