EU Delays Final Vote on Crypto Regulations to April, MiCA to Bring Game-Changer for Industry

• The European Union is in the process of finalizing its Markets in Crypto Assets (MiCA) regulations.
• The final vote on the bill was originally set for February 2023, but has now been pushed to April due to a snag in the translation of the regulations.
• The MiCA bill was first introduced in the European Parliament in September 2020, with lawmakers passing the bill in October 2022.

The European Union is making steps to introduce comprehensive regulations for the cryptocurrency industry. The Markets in Crypto Assets (MiCA) regulations are set to usher in a new dawn for crypto in the region, but the final vote on the regulations will not come at least until April this year.

The MiCA bill was first introduced in the European Parliament in September 2020, and lawmakers eventually passed the bill in October 2022. The final vote on the bill was originally set for February 2023, but has now been pushed to April due to a snag in the translation of the regulations. The 400-page rule book needs to be translated into 24 official languages across the EU bloc, and the requirement that the document be available in all the official languages before going to a crucial final vote has necessitated the postponement.

The crypto sector is increasingly in the regulatory spotlight following high profile collapses of crypto companies such as FTX. The European Union wants to see proper crypto regulation across its member states, even as a global push for a harmonised approach gathers pace. The MiCA regulations are designed to ensure consumer protection and market integrity, while also promoting innovation in the crypto sector.

The MiCA regulations include provisions for anti-money laundering (AML), consumer protection, and token issuers are required to register with the European Securities and Markets Authority (ESMA). The regulations also set out rules for disclosure, governance, and operational requirements for issuers.

The MiCA regulations have been met with both praise and criticism. While some have welcomed the move as a sign of increased legitimacy for the industry and a way to protect investors, others have criticised the regulations for being too restrictive.

The EU’s MiCA regulations are set to be a game changer for the crypto industry, and the final vote will be an important milestone in the journey towards a more mature and regulated sector. The delay in the final vote is understandable and necessary given the complexity of the regulations, and the long-term benefits of a well-regulated industry should outweigh any short-term inconveniences.

. WOO Network Burns 700 million Tokens – Crypto Market Booms

• Woo Network has burned 705 million WOO tokens, accounting for over 24% of the total supply.
• The total crypto market cap is now close to the $860 billion mark.
• WOO is up by 10% in the last 24 hours, the best performer amongst the top 100 cryptocurrencies by market cap so far today.

The Woo Network is making waves in the cryptocurrency world as it announced that it had burned more than 700 million WOO tokens so far. This is a major move as it accounts for over 24% of the total supply and will bring a new era of tokenomics to the WOO token. The news has also seen WOO rally over the last few hours, becoming the best-performing cryptocurrency amongst the top 100 coins and tokens by market cap today.

The total crypto market cap is now close to the $860 billion mark, with WOO being up by 10% in the last 24 hours. This is an impressive feat, as the broader market is continuing its positive performance. The price of Woo Network stands at $0.1664 at press time, indicating that the rally could continue in the coming days.

The WOO Network announced a few hours ago that it had burned 705 million WOO tokens, which is a significant move. This will be the first step in a series of improvements that the WOO Network will roll out over the first half of 2023. These improvements will focus on addressing existing issues while making the WOO token distribution more transparent.

The WOO Network team has stated that the token burn will propel the WOO token into a position of strength in the market. They also noted that this move will help to create a healthier ecosystem, allowing the token to become more accessible and attractive to investors. With the burn, the total WOO supply has been reduced to 2.3 billion.

The WOO team is confident that this move will bring a new era for the token. They believe that it will increase the value of the token, as well as provide users with more flexibility when it comes to trading and investing. As the WOO token becomes more accessible and attractive, it could potentially become one of the leading cryptocurrencies in the market.

Overall, the WOO Network’s announcement has been met with a positive reaction from the crypto community. The token burn has seen the WOO token rally, indicating that investors are optimistic about the future of the WOO token. With the WOO Network announcing more improvements to its tokenomics, it is expected that the token will continue to perform well in the coming months.

Kava Price Crashes 94%, But Developer Activity Booms

• Kava price has crashed by more than 94% from its all-time high, with its total value locked (TVL) dropping to $197 million.
• Kava is a blockchain project that combines features found in Ethereum and Cosmos.
• Kava has seen remarkable developer interest in the past few months, however activity in the network has been in a downward trend.

Kava, a blockchain project that combines features found in Ethereum and Cosmos, has seen a significant crash in its price in the past few months. After reaching an all-time high of more than $1 billion in September 2021, the token has now dropped to a low of $0.5165, a crash of more than 94%. This has caused its market cap to drop to about $224 million and the total value locked (TVL) in its DeFi ecosystem to fall to $197 million.

Despite the crash, Kava has seen remarkable developer interest in the past few months. This interest is partly due to its $750 million developer incentive fund. Developers who deploy on Kava receive developer incentives worth millions of dollars. Kava has over 100 projects, mostly in the DeFi industry.

However, activity in the network has been in a downward trend. The total value locked (TVL) in its ecosystem has plunged to about $197 million from its all-time high of almost $700 million. Most applications in its ecosystem have lost money, and the overall demand for the token has reduced significantly.

The Kava team has been actively trying to boost investor confidence by introducing several new features. They recently announced the introduction of the Kava Price Oracle, which will allow users to access real-time pricing information and make more informed decisions. They have also introduced several new DeFi applications, such as the Kava Stablecoin, Kava Vaults, and Kava Lending.

The Kava team is also looking to expand its presence in the traditional finance sector by partnering with banks, brokerages, and other financial institutions. They are currently in talks with several companies and are hoping to launch their first product by the end of 2021.

Overall, despite the crash in its price, Kava still has a strong developer community, and the team is actively working to improve the network and attract more users. If they are successful, Kava could make a strong recovery in the near future.

Jasmy Jumps 40%, Reaches $100 Million Market Cap

• Jasmy price has seen a 40% increase from its lowest level in 2022, now having a market cap of over $100 million.
• Jasmy is a blockchain project that has become popular in Japan, providing decentralized data storage solutions to companies and individuals.
• The platform was created to provide data privacy and democratization of data by combining blockchain and Internet of Things to provide an infrastructure that allows anyone to use data safely and securely.

Jasmy, a relatively small blockchain project, has seen a remarkable increase in its price over the past four days. It has jumped by more than 40%, from the lowest point it reached in 2022, to the highest level since December 11, giving it a market capitalization of over $100 million.

The project was started by a team of former executives from Sony, one of the world’s leading entertainment companies. Its purpose is to provide users with a secure, decentralized data storage solution. In the world today, data has become increasingly valuable, with multi-billion dollar companies such as Google and Meta Platforms making money from selling data to advertisers. As such, data privacy has become a major topic of debate.

Jasmy is attempting to provide a platform that will democratize data, allowing anyone to use it safely and securely. It does this by combining blockchain and the Internet of Things, allowing it to create an infrastructure that is secure and private. It also allows users to store and control their own data, as well as manage and control devices.

The platform has become increasingly popular in Japan, with investors taking advantage of the dip in the country’s Bitcoin. This has led to the increase in the price of Jasmy and its market capitalization. As such, the project has become a major player in the blockchain space in Japan, as well as worldwide.

It remains to be seen whether Jasmy will continue to see such success, but the recent surge in its price has certainly been impressive. With its unique approach to data privacy, as well as its ability to provide a secure and private infrastructure, it is likely that it will become an increasingly important part of the blockchain space in the future.

Eigenschaften und Funktionen von Crypto Boom

Crypto Boom Rückblick

Offenlegung der Inserenten
AUM:
Nicht offengelegt

Geregelt:
Nein

Mobile App:
Ja

Konto-Mindestbetrag:
$0,0001 für alle Münzen

Maker-Gebühr:
beginnt bei 0,2%

Nehmer-Gebühr:
Beginnt bei 0,2%

Anzahl der Kryptowährungen:
180

Kontotypen:
Einzel-, Firmen- und Unterkonten

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Redaktionelle Bewertung

Planen Sie einen Ausflug in die Kryptowährung? Oder sind Sie vielleicht ein erfahrener Krypto-Enthusiast, der nach einer zuverlässigen Börse sucht, um seine Trades zu hosten? In jedem Fall könnten Sie Crypto Boom in Betracht ziehen.

Diese Plattform ist seit 2013 in Betrieb und ist eine der beliebtesten Optionen da draußen. Aber ist sie so gut, wie sie scheint? In einer der umfassendsten Crypto Boom-Bewertungen, die derzeit verfügbar sind, werfen wir einen Blick auf alles, was Sie wissen müssen.

Indem wir die Eigenschaften und Funktionen von Crypto Boom bewerten, können wir mehr darüber erfahren, was Crypto Boom zu einem so bekannten Namen in der Welt der digitalen Währungen macht. In diesem Bericht geben wir Ihnen einen Überblick über die Funktionsweise von Crypto Boom und helfen Ihnen dabei, herauszufinden, ob es die richtige Kryptowährungsbörse für Sie ist.

Also, lassen Sie uns mit unserem Crypto Boom Test beginnen!

Was ist Crypto Boom?

Crypto Boom wurde 2013 in China gegründet und hat sich zu einer der führenden Kryptowährungsbörsen entwickelt. Heute hat die Plattform ihren Sitz auf den Kaimaninseln und bedient weiterhin Händler aus (fast) der ganzen Welt.

Neben dem Betrieb einer zentralisierten Crypto Boom-Kryptobörse unterstützt die Plattform auch:

ETF,
Derivate,
und den Handel mit Futures.
Darüber hinaus bietet sie auch Vermögensverwaltungslösungen an, wie z.B.:

HODL & Earn,
Periodische Investitionspläne,
und Krypto-Lending.
Crypto Boom ist insbesondere auf die steigende Nachfrage nach neuen und aufkommenden Kryptowährungen ausgerichtet. Natürlich ist auch der Handel mit Bitcoin, Ethereum, Litecoin und anderen bekannten Münzen eine Option. In der Tat ist der Bitcoin-Handel bei Crypto Boom sehr beliebt.

Letztendlich bietet Crypto Boom seinen Mitgliedern mit mehr als 367 Märkten, aus denen sie wählen können, ein ziemlich umfangreiches Handelspotenzial.

Wie man Crypto Boom nutzt

Die Anmeldung bei der Crypto Boom Krypto-Plattform ist einfach. Sie müssen lediglich einen Benutzernamen und ein Passwort wählen und Ihre E-Mail-Adresse angeben. Beachten Sie, dass Sie später ein anderes Fondspasswort erstellen müssen.

Nachdem Sie sich angemeldet haben, erhalten Sie eine E-Mail mit einem Bestätigungslink. Klicken Sie darauf, und schon können Sie mit dem Handel beginnen.

Anschließend haben Sie die Möglichkeit, Ihr Konto zu verifizieren, um die Sicherheit zu erhöhen und die nachfolgenden Crypto Boom-Einzahlungsprozesse zu vereinfachen.

Was sind die Anforderungen an das Konto?
Wie bereits erwähnt, müssen Sie nur Ihre E-Mail-Adresse, Ihren Benutzernamen und Ihr Passwort (sowie ein anderes Fondspasswort) angeben, um sich bei Crypto Boom zu registrieren.

Wenn Sie jedoch Ihr Konto verifizieren möchten, müssen Sie den KYC (Know-Your-Customer)-Verifizierungsprozess der Seite einhalten. Crypto Boom KYC beinhaltet das Einreichen eines aktuellen amtlichen Ausweises, wie z.B. eines Führerscheins oder Reisepasses.

Das Crypto Boom Team wird dann Ihre Dokumente überprüfen. Wenn sie die entsprechenden Anforderungen erfüllen, wird Ihr Konto verifiziert. Dies dauert normalerweise zwischen 30 Minuten und 12 Stunden, je nach Verfügbarkeit.

Wie man den Handel beginnt
Sobald Sie sich bei Crypto Boom registriert haben, können Sie Geld auf Ihr Konto einzahlen. Crypto Boom akzeptiert jedoch nur Einzahlungen in Kryptowährungen, so dass Sie diese möglicherweise zuerst an einer anderen Kryptobörse kaufen müssen.

Nach der Verifizierung können Sie mit dem Handel an der Crypto Boom-Börse beginnen. Entscheiden Sie dazu einfach, welche digitale Währung Sie tauschen möchten und welche Art von Handel Sie betreiben wollen. Navigieren Sie dann zum entsprechenden Markt und geben Sie die Details Ihrer geplanten Order ein.

4 reasons why the price of Bitcoin suddenly fell below USD 9,000

 

The Bitcoin price (BTC) fell below USD 9,000 from USD 9,660 in seven hours. The 7% drop occurred when USD 55 million of long futures contracts were settled on BitMEX.

It is likely that four factors are behind the sudden drop in the price of the main crypt currency by market capitalization. These are: falling stock prices, selling pressure from miners, a long period of low volatility and the repeated rejection of the USD 10,000 level.

 

Bad day for stocks and Bitcoin

Stock futures opened slightly higher on Wednesday night, after a strong sale during the regular market session with the Dow falling 2.72%, its worst day in two weeks.

As is regularly reported, the fall of Bitcoin Rejoin and cryptosystems in global markets is a common theme in recent months. The one-year correlation observed between Bitcoin and the S&P500, for example, has shot up in recent months to nearly 40%.

 

As analyst filbfilb pointed out last Friday, from a technical point of view the market remains generally bullish despite consolidating below the USD 10,000 resistance level.

However, he warned that:

„Short-term price action remains largely at the mercy of the overall economy, particularly as Bitcoin consolidates at a low volume.“