Why is BNB price down today?
BNB price is at risk of further losses as multiple metrics point to Binance losing its market share in the crypto sector.
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Price analysis 7/22: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
Digital investment products are witnessing solid buying, but it may take a stronger trigger to propel Bitcoin to a new all-time high.
Chinese Authorities Plan Crackdown on Crypto Mining in Inner Mongolia
Regulators in the Chinese autonomous province of Inner Mongolia have issued a notice demanding a clean-up of the province’s crypto mining enterprises.Terms of noticeAs local crypto outlet ChainNews reported on Sept. 14, five departments within Inner Mongolia have determined the need to rectify the mining industry within the province. The organizations named were the Development…
‘We want to be the AWS of crypto,’ says Coinbase exec
With Amazon Web Services (AWS) being one of the most popular cloud service providers on the planet, it's no surprise that Coinbase, a cryptocurrency exchange based in the United States, is attempting to capitalize on its success by developing its own cloud infrastructure solution, Coinbase Cloud."We want to be the AWS of crypto," said Coinbase…
ETH gas price surges as Yuga Labs cashes in $300M selling Otherside NFTs
While the Otherdeed NFTs could be minted only in APE, it also required ETH for gas fees. 505 Total views 5 Total shares While the community was witness to the largest NFT mint yet, Ethereum (ETH) gas prices rose to unprecedented levels, in addition to users experiencing failed transactions due to blockchain bottlenecks.Bored Ape Yacht…
Celo Will Be ‘PayPal on Speed’ With Its Own Currencies, Says Blockdaemon CEO
Since launching its Alliance for Prosperity earlier this year, open payment platform Celo has quickly emerged as an apparent rival to Facebook’s Libra stablecoin project.Cointelegraph spoke to Konstantin Richter, the CEO and founder of Celo alliance member Blockdaemon, to learn about the experience of working on Celo from its beginnings and get his take on…
South Korea postpones 20% tax on crypto gains to 2025
The delay comes just a couple of months after newly elected president Yoon Suk-yeol promised to work on regulations first. The South Korean government has reportedly postponed the 20% tax crypto gains by two years. The controversial 20% tax on crypto gains was supposed to come into effect from January 1, 2023, but now has…
Italian Banks Successfully Test Data Reconciliation Via Blockchain
The Italian Banking Association (ABI) successfully processed the reconciliation data of an entire year of local banking activity on a blockchain platform.The association announced the successful test of the Spunta Project’s system in a press release published on Oct. 12. The successful test of the framework has been first announced by Italian media at the…
Binance launches $500M lending project to support crypto miners
The loans will be provided to “blue-chip” Bitcoin miners who could back their bids with physical or digital assets. Binance Pool, a mining subsidiary of Binance, launched a $500 million lending project to support the crypto mining industry. It will provide loans to private blue-chip Bitcoin (BTC) crypto miners. According to the official blog post from…