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Money Reimagined: The Fed, Hertz, a Bonkers Stock Market and why ICOs Still Matter

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Fear not, Wall Street. 

While this week’s sell-off in stocks was steep, the S&P 500 is still up 34% from its March 23 nadir on Friday morning. In other words, the United States’ fiscal and monetary COVID-19 stimulus efforts continue to be heavily favoring hedge fund managers, bankers and corporate CEOs. Meanwhile, as stocks have posted a record-breaking rally, 115,000 Americans have died from a pandemic that forced 38 million others to file for unemployment benefits. 

This is not only fundamentally unfair, it also highlights how our current capital market system grossly misallocates resources. Failed companies with dire long-term prospects – see Hertz, below – get rescued while small businesses and startups working on solutions to our economic and public health malaise miss out. 

You’re reading Money Reimagined, a weekly look at the technological, economic and social events and trends that are redefining our relationship with money and transforming the global financial system. You can subscribe to this and all of CoinDesk’s newsletters here.

It’s time to talk about an alternative mechanism for allocating capital, one that’s not skewed by the stock market. It’s time to revisit ICOs.

A different approach

First, some level-setting: The 2016-2017 ICO boom was an abomination. Rife with scams, ill-defined business plans and hype, the initial coin offering bubble provided a reminder of why securities regulations exist: to make fundraisers with asymmetric information accountable and to protect investors from their abuse. 

But the token boom did unleash some valuable outside-the-box thinking. We should tap into it now.

ICOs were touted as a means for innovators to gain access to a wider funding pool and for retail investors to earn the kind of returns otherwise reserved for privileged insiders. Startups, it was said, could now bypass the venture capital gatekeepers who decide who gets funded and who gets the golden handout of a stock market initial public offering, while token investors could make those 100x payouts VCs boasted about. 

Disintermediating both Silicon Valley and Wall Street paved the way to an open market for ideas, ICO fans proclaimed. Yes, there’d be losses, blowups and scams. But in its roundabout way it would ultimately allocate resources to where the economy most needed it: to the innovators. 

Those voices were quieted by the bubble’s bursting in 2018. But the current state of U.S. financial markets demands we revisit some of their arguments – if not to resurrect the failed ICO model than to think through related regulatory reforms that address the problems with the Wall Street model. 

After all, the transfer of wealth from ordinary Americans outside the system to a privileged few insiders has been many magnitudes greater these past two months than anything that happened in the token issuance markets. 

roberto-junior-4fscbczt9h8-unsplash-2

Source: Alina Grubnyak/Unsplash

For most of the 20th century, that system served reasonably as an engine for monetizing American ingenuity and funding economic development. But, over time, mostly because of the excessive political clout that Wall Street accumulated, it has incorporated some perverse incentives that discourage innovation.  

Part of the problem stems from our political culture. The mainstream narrative fed by media outlets like CNBC and by Dow industrials-obsessed political leaders like Donald Trump positions the stock market as the bellwether of the American Dream. With elites so invested in the market, both economically and politically, it’s little wonder the COVID-19 monetary and fiscal bailouts were geared toward propping it up. 

But it’s also structural. 

Think of how the quarterly “earnings season” sets standards. The rewards for all involved – Wall Street’s earnings forecasters, ROI-obsessed fund managers and corporate executives and, by extension, the bonuses of their middle management staff – hinge on “beating the number” every three months. 

This isn’t conducive to taking bold bets on innovative strategies that take much longer to gestate. Consider the problem of “stranded assets.” Most pension funds continue to hold big stakes in carbon-heavy companies such as oil and gas producers even though reams of analysis suggest they will be worthless within the longer-term retirement horizon of most of their members. It’s hard to get off the drug of quarterly returns.

(A tangential thought experiment: Quarterly company reports are a byproduct of centralized, siloed accounting systems in which bookkeepers and auditors must reconcile records and draft periodic financial snapshots. What would happen to the quarterly rhythms of Wall Street if these reports became obsolete? What if all counterparties within a particular supply chain or economic ecosystem instead contributed to a single distributed ledger with an openly available yet privacy-protected snapshot of all transactions in real time? Such models are not possible now, but blockchains and zero-knowledge proof developers are putting them within the realm of imagination.)

What works and what doesn’t?

To imagine an alternative, cast your mind back to 2018 when token prices were tanking, the ICO market was drying up and “Crypto Winter” was setting in. There was actually a sensible debate back then on what token-based fundraising ideas should be retained and which ones should be dispelled. 

We should revive it.

For example, are security token offerings, which require regulatory filings but can integrate smart contracts that traditional stocks and bonds cannot, a better way for startups to fund themselves? 

STOs were hot for a brief post-ICO period, and then lost momentum as it was clear the regulatory, compliance and technical framework had a long way to go. But there seems to be some resurgent interest, with issuer platforms Polymath and Securitize both making technical progress. One can imagine the recent tie-up between Galaxy and Bakkt also veering into security token services for institutional investors. 

Can we also agree on what legal utility tokens are, and on what the best practices for marketing them are? If, as the “Hinman doctrine” suggests, a token can cease to be security if its network evolves to a more decentralized state, what is the right framework for token issuers to stay compliant through that evolution toward utility status? How can they stay compliant at the outset but have a means to attain the desired network effects of a token-governed decentralized system? 

And how do we make it easier for small investors to legally and safely buy and sell tokens? 

Accredited investor rules are outdated, favor the same set of privileged wealthy players and unreasonably restrict the general public’s access. Meanwhile, U.S. restrictions on a host of crypto exchanges deny ordinary Americans access to a market that’s intrinsically designed for little guys to participate in. 

Regulation is both unavoidable and necessary. But it absolutely should not function as protective armor for a capital market system that harms our economy’s capacity to optimize capital allocation. 

At a time when the U.S. economy needs innovative approaches to everything, we urgently need an innovative approach to how we fund innovation.

A phoenix rises… and falls

For proof of our broken capital allocation system, look no further than the performance of Hertz’s stock. On May 24, the car rental company filed for bankruptcy after incurring massive losses on account of the COVID-19 travel restrictions, which had left the industry’s fleets at a standstill. In response, Hertz’s share price, which had already shed more than 85% from a two-year high in late February, plunged further, dropping into penny stock territory to $0.56. But then a strange thing happened: On Thursday last week, Hertz started a three-day tear to hit $5.54 on Monday, a 574% gain. A surge in trading activity by accounts listed on small investor trading app Robinhood seemed to be behind the gain. As the rest of the market absorbed the euphoria of a stimulus-fueled recovery, the bankrupt car rental firm was suddenly attracting an influx of speculative retail investors. 

For many of those newcomers, the story hasn’t ended well. On Wednesday, the New York Stock Exchange put the company on notice for delisting. Hertz is appealing that decision, but the announcement sent the shares crashing back to earth. At Thursday’s close, the price was at $2.06.

hertz-stock-price

Hertz’s recent stock price Source: FactSet

A common caveat emptor response would simply say that some greedy speculators learned a lesson and we can forget about it. But the reality is more nuanced. That kind of speculative mania is inseparable from the broader sentiment of the market, which is now consumed by a “don’t fight the Fed” logic on monetary stimulus. Hertz’s mini-bubble was (indirectly) engineered by central bankers.

The global town hall

What’s your story, bitcoin? June has been a frustrating month so far for bitcoin bulls. That’s not only because a series of rallies offered false hope, each faltering near the psychologically important $10,000 level. It’s also because market performance has again confounded efforts to define a narrative for bitcoin as an asset. After its COVID-19 sell-off in early March, which challenged the idea of bitcoin as a safe haven, bitcoin’s relatively strong rebound was explained in terms of fiat money supply issues. Bitcoin would then be described as an antidote to the fiat world’s “quantitative easing” as the Federal Reserve’s stimulus efforts spawned the “Money Printer go Brrrrr” meme and bitcoin’s own monetary policy “quantitatively tightened” via the halving. But on Thursday, one day after the Fed said it was “committed to using its full range of tools to support the U.S. economy,” bitcoin again sold off sharply. After staging another frustrating rally to just above $9,900, it plunged to an intraday low of $9108.47. Crucially, this was in sync with a big unwinding  in U.S. stocks as concerns grew around new COVID-19 cases. 

So, is bitcoin just a “risk asset,” moving up and down with overall investor risk appetites? It’s unclear. Having a more consistent story would make it easier to make an investment case for bitcoin. But maybe the lesson is we shouldn’t be searching for a narrative. Don’t try to pigeon-hole it. Bitcoin just is.

https://www.shutterstock.com/image-photo/1-us-dollar-uncut-sheet-373239601

Source: Bjoern Wylezich/Shutterstock

We laid the table for you… The failure of a meaningful price breakout is proof enough that the long-awaited arrival of institutional investors into crypto markets remains unfulfilled – regardless of Paul Tudor Jones’ or Bloomberg’s upbeat comments about bitcoin. But this hasn’t stopped big players in the crypto industry from continuing to build services catering to institutions for when they finally do show up. Three separate firms – Genesis (a CoinDesk sister company), BitGo and Coinbase – have established crypto prime brokerages, which leverage deep balance sheets and market connections to provide assured liquidity and price-efficient order routing for institutional investors. Meanwhile, Galaxy and Bakkt are teaming up to offer specialized crypto custody and trading services to the same kinds of players. In a press release, the firms described it as a “white-glove service,” the kind of business that lays it all on with a tailored service for its clients. So, there you go, institutions, the price is right, the butlers are waiting for you. What more do you need? Jump in. The water’s fine.  

Go for a bike ride, get doxxed. Those of us who obsess about privacy – as Money Reimagined does from time to time – can get frustrated by an apparent lack of concern about it among the general public. That’s why it’s important to humanize it, to show the real-world impact of privacy breaches on people’s lives.  Enter Peter Weinberg. Thanks to a date error in a police public service announcement and some overzealous users of geolocating cycling app Strava, a Twitter mob wrongly flagged Weinberg as the instigator of a rather ugly incident. A viral video had earlier shown a different man on a bicycle accosting two young girls who were posting flyers in support of George Floyd on a trail in Bethesda, Md.. When the Maryland-National Capital Park Police tweeted a request for information about the unhinged cyclist, it wrongly used June 1 as the date of the incident. That tweet was shared 55,000 times. It later corrected the tweet to say June 2. But that one was only shared 2,000 times. You can piece together what happened. A Strava user must have surveyed the site’s data, found what was thought to be a likeness, tied it to Weinberg’s associated social media profiles, put two and two together to come up with five and then outed him. Weinberg’s Twitter and LinkedIn message feeds were barraged with comments accusing him of being a racist and of engaging in child abuse. This is surely not what he signed up for when he agreed to communicate information about his rides and exercise regime with a friendly community of fellow cyclists.

Disclosure

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Source: https://www.coindesk.com/money-reimagined-fed-hertz-bonkers-stock-market-icos-still-matter

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Ethereum in Blockchain Software Development

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In the connected digital era, technology is expanding in leaps and bound leaving no space for businesses to cope up. Every day there is an advancement in technology that makes businesses amazed at how easy it would be for their business to adopt that technology. The most common buzzwords of the Information technology sector are the Internet of Things, Automation, Blockchain Machine learning, and other significant technology trends. Specifically, if we talk about Blockchain, then blockchain has been imprinting a higher success ratio in almost all the industry domains. Multiple businesses want to leverage blockchain as a service but aren’t sure about its operations and functioning. So, with the same thought let’s get deeper into the fundamentals of blockchain, ethereum development, building apps on ethereum, blockchain software development, and apps developed around blockchain services. 

 

To start with, what is blockchain as technology or blockchain as a service?

 

What is Blockchain?

Blockchain is an overarching technology that is a hallmark of security and trust that has revolutionized the way information can be exchanged on the internet. Blockchain also assures that the data stored in the blocks as a transaction ledger cannot be tampered with or deleted by anyone. 

 

In comparison to a conventional centralized network, blockchain is a decentralized network that comes with many advantages, including improved system stability and privacy. Furthermore, such networks are much easier to scale and have no single point of failure. This connected decentralized nature of Blockchain is due to mutual networking and distributed computing.

 

It is an emerging technology that has enticed multiple users to securely access data in a flexible manner that mitigates risks of data breach and confidentiality of information. The name of blockchain is easily decodable like it means blocks formed in a chain. These blocks are chained together and were thus introduced with the initiation of Bitcoin in the year 2008. And probably that’s the reason why most of the businesses misinterpret Blockchain with bitcoin, ethereum cryptocurrency, and other similar terms. 

 

To understand the concept in detail, we will be unraveling all these terms that create ambiguity and restrict users from using Blockchain. Here is the simplest meaning of all the terms

 

Bitcoin

A decentralized blockchain dedicated to the exchange of tokens between accounts. Bitcoin is authentically built using the blockchain cryptocurrency concept.

 

Cryptocurrency

 

Cryptocurrency is a method where cryptography is used to create evidence of ownership for digitally transmitted and traded currencies all across the globe.

 

Ethereum 

Ethereum is an advanced version of Blockchain that is also decentralized. Ethereum now uses a Proof-of-Work (PoW) consensus algorithm, but future protocol updates will most likely move to a more scalable algorithm based on Proof-of-Stake (PoS).

 

Blockchain

The data in a blockchain is stored in discrete parts (blocks) that are connected in this system. Invalid data is rejected by blockchains, which specify parameters for what data should be stored in a block and which should not.

How are Ethereum and blockchain interlinked?

To understand the interconnection between ethereum and blockchain, we need to understand what exactly ethereum is. Ethereum has a strong association with smart contracts. Smart contracts are another important term used in this process and often create confusion with blockchain. 

Smart contracts are legal contracts that are created between two parties and with a blockchain element that makes the method secure and strong. In some smart contracts,ethereum are inserted and those contracts can be specifically identified. Developing with Ethereum allows open-source networking and hence the overall process becomes transparent yet secure. The coding in smart contracts is done based on If, Then, or Else conditions. As per the satisfying predefined conditions, the contract gets automatically executed. These are non-decodable and tamper-proof.

 

Now, what is Ethereum in Smart contracts? 

As we know that ethereum is a cryptographic asset that has a definite address that redirects as per the predefined conditions. Ethereum is an advanced-level blockchain that stores the information of smart contracts in a decentralized blockchain network.

 

The blockchain developers using Ethereum are well-skilled with two major types of languages- Solidity and Vyper language. 

Ethereum as a software development tool

Ethereum is a shared distributed network of nodes that handle transactions and add them to an increasing database known as the blockchain. Since it is an open-source network, anybody can have access to it. Smart contracts are applications that can be written by developers and hosted on the Ethereum network. Anyone with Ethereum access will perform write and read operations on the blockchain. In this way, you can easily create blockchain software development of applications.

 

Ethereum in software development using multiple languages that work in software development using ethereum. When you decide to develop an app using ethereum, you need some access points in the blockchain, and other than that some knowledge of some programming languages such as Solidity, web3.js,infura.io ethereum networks, and more. 

 

It would just take a few minutes to set up your Ethereum development setup or environment. Before we start writing code, we need to have a clear understanding of a few general principles that contribute heavily to the development process using ethereum. 

 

Web3.js 

It is a JavaScript library for developers to write codes for web browsers in an ethereum blockchain. 

Infura.io 

It is a company offering different types of API for simple ethereum networks with the help of HTTP and WebSockets. You can host your ethereum network using Infuras API.

Cloudflare’s Ethereum Gateway 

Cloudflare, a well-known DNS and web-infrastructure provider, offers a free Ethereum Main Net API. Cloudflare’s portal, unlike Infura’s, does not require an account or an API to use.

Ganache CLI 

It is a command-line GUI for running an Ethereum instance locally. On your local computer, we can build a blank Ethereum blockchain or a fork of a public network’s blockchain. Truffle

Truffle

Truffle, Ganache, and Drizzle are examples of Ethereum creation tools created by this company- Truffle. We can successfully install Ganache CLI so we can run our Solidity and Web3.js code locally during production.

Solc

It is a compiler for Solidity. It can convert  Ethereum bytecode into human-readable Solidity code. 

MetaMask 

It’s a tool that allows end-users to use ETH, Ethereum-based cryptocurrency tokens, and monitor their Ethereum wallets by using decentralized Web3 apps (a.k.a. DApps). A web browser plugin that allows you to call Ethereum smart contracts directly from a webpage.

 

Pros and Cons of Ethereum 

Numerous benefits are offered by ethereum and with the demonstrated results in the market, every business is keen to adopt that. Here are some of the benefits that ethereum offers in terms of using it in any type of software development process. These are special characteristics of ethereum plus are perks of using it too. Here is a list of five advantages of using ethereum in the development

Immutable

Ethereum is blockchain comes with sure-shot surety of no tampering or changing of data. Even if you don’t lock your database with a passcode, it will still be protected under the blockchain. There is no way to change or amend data in Blockchain; the data stored there is permanent; it cannot be deleted or undone.

Decentralized

It is not a centralized system and hence it doesn’t work like one. The primary aspect of blockchain is decentralization which offers simpler usage, transparency, and interconnectivity. This indicates how each block is closely linked but non-decodable. 

 

Transparent

Blockchain is a distributed ledger technology that takes up total accountability. Organizations and businesses may use blockchain technologies to create a completely decentralized network that eliminates the need for a centralized entity, increasing the system’s visibility.

Highly Secure

One of the major benefits of ethereum is security. The initiation of blockchain as a service promises the most secure network without any tampering or deletion of data. Also, the transaction made by the blocks stores encrypted data that is not hackable. 

Traceable

This is one of the simplest reasons why businesses choose to take up blockchain because it can easily show desired search results even with millions of records stored in the blockchain.

 

Cons

Flexibility is an important factor to consider.

 

Though Ethereum offers strong decentralized encryption, the network does not scale well enough to meet the demands of an ever-growing user base.

Lack of understanding

Like we started blockchain is a buzzword and most of the business wants to leverage the benefits of blockchain but are unable to do so because of lack of knowledge and implementation skills.

Final Thoughts

Blockchain Software development of Blockchain as technology serves as a driver for profitability for all types of businesses with its fundamentals and demonstrated expertise in authenticity, security, and legitimacy. This open public ledger fills in all the holes, allowing businesses to monitor microtransactions with pace and agility. Ethereum is one of the largest blockchain development networks that has given a boost to business streamlining with protection to their essential data, information, and apps. It has been a flag-bearer of change for many businesses, it’s the turn of your business now to look for change.

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Bitcoin Preis bald bei 68.700 USD?

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Der Bitcoin Kurs hat am 14. April 2021 ein neues Allzeithoch bei 64.854 USD erreicht. Kurze Zeit später fiel er ziemlich schnell.

Nachdem Drop validierte der Bitcoin Preis das ehemalige Widerstandslevel bei 61.500 USD als Support. Seitdem steigt er wieder allmählich an.

Bitcoin Preis Tageschartanalyse 

Am 13. April 2021 ist über Bitcoin Kurs über das Widerstandslevel bei 61.500 US-Dollar ausgebrochen. Am 14. April 2021 erreichte der Bitcoin Kurs das letzte Allzeithoch bei 64.854 USD.

Allerdings fiel er noch am selben Tag auf das letzte Low bei 61.301 USD. Danach ist der Bitcoin Kurs wieder nach und nach gestiegen. Der Bitcoin Kurs konnte also den Widerstandsbereich bei 61.500 USD erfolgreich als Support validieren.

Die technischen Indikatoren liefern uns überwiegend bullische Signale. Sowohl der RSI als auch der „Stochastic Oscillator“ steigen weiter an. Außerdem befindet sich der MACD wieder fast im positiven Bereich. Der Bitcoin Preis wird also wohl erstmal weiter ansteigen. Das nächste Widerstandslevel liegt bei 68.724 USD.

Bitcoin Kurs Tageschart 15.04.2021
Bitcoin Preis Tageschart By TradingView

Bitcoin Preis kurzfristiger Ausblick

Lass uns einen Blick auf den 2-Stunden-Chart werfen. Dort siehst du, dass der Bitcoin Kurs nach dem gestrigen Drop (in Grün eingezeichnet) die aufsteigende Trendlinie als Support validiert hat. Der MACD hat zwar immer noch kein Plateau erreicht. Allerdings befindet er sich nach wie vor im positiven Bereich. Außerdem ist der RSI wieder über 50 angestiegen.

Der Bitcoin Preis wird also voraussichtlich bald auf das zuvor erwähnte Widerstandslevel bei 68.724 USD ansteigen.

Bitcoin Preis 2-Stunden-Chart 15.04.2021
Bitcoin Preis 2-Stunden-Chart By TradingView

Bitcoin Kurs Wellenanalyse

Laut unserer Wellenanalyse befindet sich der Bitcoin Kurs gerade in der fünften und letzten Teilwelle (Orange) eines bullischen Impulses, der im März 2020 begonnen hat. Der Hochpunkt der letzten Teilwelle liegt wahrscheinlich zwischen 83.000 USD und 90.500 USD. Wir erhalten das Preisziel, indem man ein externes Fib-Retracementt auf den Tiefpunkt der vierten Welle einzeichnet bzw. eine Fib-Projektion auf die ersten drei Teilwellen anwendet.

Die Teilwellenzählung der orangen Teilwellen ist in Schwarz eingezeichnet. Die noch kleinere Teilwellenzählung der zweiten schwarzen Welle in Rot. Sobald die fünfte Orange Welle abgeschlossen ist, werden wir voraussichtlich erstmal eine Korrekturphase sehen.

BTC Wave Count
Bitcoin Kurs Chart By TradingView

Fazit

Der Bitcoin Preis wird sich wahrscheinlich erstmal auf das Widerstandslevel bei 68.425 USD ansteigen. Sobald der Bitcoin Kurs das Level durchbrochen hat, wird er sich der nächste Top nähern, die wohl zwischen 83.500 USD und 90.500 USD liegt.

Hier geht es zur letzten Bitcoin-Analyse von BeInCrypto!

Eine interessante Krypto-Exchange für das Krypto-Trading und Investment in die verschiedenen Kryptowährungen: Stormgain.

Ein Bild von BeInCrypto.com Krypto-Bull
Ein Bild von BeInCrypto.com

Übersetzt von Maximilian M.

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Alle auf unserer Website enthaltenen Informationen werden nach bestem Wissen und Gewissen recherchiert. Die journalistischen Beiträge dienen nur allgemeinen Informationszwecken. Jede Handlung, die der Leser aufgrund der auf unserer Website gefundenen Informationen vornimmt, geschieht ausschließlich auf eigenes Risiko.

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Valdrin ist ein Kryptowährungs-Enthusiast und Finanzhändler. Nach seinem Master-Abschluss in Finanzmärkten an der Barcelona Graduate School of Economics begann er im Ministerium für wirtschaftliche Entwicklung in seinem Heimatland Kosovo zu arbeiten. Im Jahr 2019 beschloss er, sich ganz auf Kryptowährungen und den Handel zu konzentrieren.

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Source: https://de.beincrypto.com/bitcoin-preisf-68-700-usd-ansteigen/

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Ethereum Berlin Upgrade: Fix für die Gas-Gebühren?

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Das Ethereum Berlin Upgrade ist das erste Upgrade seit Istanbul vor 15 Monaten. Ethereums Berlin Upgrade fällt mit einem neuen Allzeithoch ETH Preis bei etwa 2.326 US-Dollar zusammen.

Ethereum Preis: Ein Bild von CoinMarketCap
Ethereum Preis: Ein Bild von CoinMarketCap

„Nach Monaten der Planung ist Berlin endlich da! Das Upgrade, das auf die Upgrades für Istanbul und den Muir-Glacier folgt, soll im Ethereum-Mainnet in Block 12 244 000 live gehen. Wir gehen davon aus, dass dies um Mittwoch, den 14. April 2021, geschehen wird, jedoch aufgrund der Variabilität der Blockzeit, kann sich das genaue Datum noch ändern.“

So lautet die Einleitung zum Berlin Upgrade auf dem Ethereum Blog.

Während die Ethereum Blockchain viele neue Anwendungsbereiche eroberte (DeFi, dann NFTs), wurden auch die Schwachstellen der Ethereum Technologie immer deutlicher spürbar: Die Gebühren schossen in rekordverdächtige Höhen und die Transaktionszeiten stellten so manchen Nutzer auf die Geduldsprobe. Nun kommt das Ethereum Berlin Upgrade genau richtig, um die Technologie an die wachsenden Anforderungen anzupassen. Für die Nutzer soll das Upgrade aber zunächst keine spürbaren Hürden mit sich bringen:

„Wenn Sie einen Exchange (wie Coinbase, Kraken oder Binance), einen Web Wallet-Dienst (wie Metamask, MyCrypto oder MyEtherWallet), einen Mobile Wallet-Dienst (wie Coinbase Wallet, Status.im oder Trust Wallet) verwenden, oder eine Hardware-Wallet (wie Ledger, Trezor oder KeepKey) müssen Sie nichts tun, es sei denn, Sie werden von Ihrerm Exchange- oder Wallet-Service über zusätzliche Schritte informiert.“

Ethereum Berlin Upgrade: Ein Bild von BeInCrypto.com
Ethereum Berlin Upgrade: Ein Bild von BeInCrypto.com

Ethereums Killer Nummer 1: Transaktionsgebühren

Ende Februar 2021 erreichten die Transaktionsgebühren bei Ethereum einen Durchschnittswert von fast 40 US-Dollar. Somit war der Transfer von kleineren Mengen ETH kaum sinnvoll. Langfristig hätten diese hohen Transaktionsgebühren die Adaption der Plattform einschränken können. Schließlich muss eine Plattform attraktive Nutzungsattribute für die Anwender mitbringen.

Das Ethereum Berlin Upgrade soll dieses Problem nun lösen, damit Ethereum gegenüber aufstrebenden Plattformen wie Cardano wettbewerbsfähig bleibt. Einige der Protokolle des Upgrades:

  • EIP-2565 = Reduktion der Kosten für die ModExp-Vorkompilierung. Dies hilft bei der Berechnung der Gaspreise.
  • EIP-2929 = Erhöht bestimmte Gaskosten, wenn sie zum ersten Mal in einer Transaktion verwendet werden.
  • EIP-2718 = Führt ein neues Transaktionsmodul ein, das mehrere Transaktionen unterstützt.
  • EIP-2930 = Transaktionsart mit optionalen Zugriffslisten. Diese besondere EIP wird dazu beitragen, einige der neu auferlegten Gaspreise aus EIP-2929 zu senken.

Das Berliner Upgrade ist ein Schritt in Richtung der Ethereum 2.0-Metamorphose der Ethereum Foundation. Die neue Hauptkomponente ist eine vollständige Änderung der Art und Weise, wie das Netzwerk Transaktionsgebühren verarbeitet. Allerdings sind nicht alle Ethereum Miner zwangsläufig begeistert von dieser Entwicklung. Denn die Gebühren gehen dann nicht mehr an die Miner, sondern werden verbrannt. Fraglich ist, ob das Mining so langfristig für die Community attraktiv bleibt.

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Alex hat ihren Bachelor in Orient- und Asienwissenschaften an der Friedrich-Wilhelms Universität Bonn absolviert, danach Deutsch als Fremdsprache am Goethe Institut studiert und ihren Master in Arabistik an der Freien Universität Berlin absolviert. Seit 2017 ist sie als Krypto-Journalistin tätig.

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Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://de.beincrypto.com/ethereum-berlin-upgrade-fix-fuer-die-gas-gebuehren/

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Binance wird Coinbase Aktie anbieten

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Die Kryptowährungs-Exchange Binance kündigte an, dass sie eine tokenisierte Version der Coinbase Aktie rausbringt. Die Coinbase Aktie ist die zweite tokenisierte Aktie, die Binance anbietet.

Vor kurzem kündigte die Exchange Binance an, dass sie digitale Anteile der Coinbase Aktie anbieten wird, nachdem diese auf dem Nadaq gelistet worden ist. Seit der Börseneröffnung vom 14. April 2021 kann man die COIN-Aktie offiziell kaufen. Seit kurzem kann man außerdem eine tokenisierte Version der Tesla-Aktie auf Binance handeln.

Binance Stock Token

Binance lancierte diese Woche die erste tokenisierte Aktien. Die Nutzer müssen keine Kommission für den Handel mit dem Token zahlen. Jeder Aktien-Token entspricht einem Unternehmensanteil. Jeder Token ist außerdem 1:1 mit einer Aktie hinterlegt. Die Aktien werden in einem speziell dafür angelegten „Depository-Portfolio“ hinterlegt. Binance arbeitet mit der Investmentfirma CM-Equity AG und der Asset-Tokenization-Plattform Digital Assets AG zusammen, um die neuen Aktien-Token anbieten zu können.

Die Mindestpositionsgröße beträgt ein Hundertstel des Wertes des Aktien-Tokens. Die Kunden müssen zudem den Stablecoin BUSD (Binance USD) verwenden, um mit den Token handeln zu können.

Seit dem 12. April 2021 kann man die tokenisierten Tesla-Aktien auf Binance handeln. Tesla ist bei vielen Krypto-Tradern sehr beleibt.

Binance Art
Ein Bild von BeInCrypto

Coinbase Aktie

Coinbase wurde heute auf der NASDAQ-Börse gelistet. Die Exchange Coinbase kündigte ihren Börsengang bereits im Dezember 2020 an. Coinbase beantragte dann im Februar 2021 eine öffentliche Notierung bei der US Securities and Exchange Commission (SEC). Kurz darauf wurde der vorläufige Preis der Coinbase-Aktien bei einem privaten Verkauf auf 350 US-Dollar pro Stück festgelegt. Die Gesamtbewertung des Unternehmens lag damals bei 90 Milliarden US-Dollar.

Nach einer leichten Abänderung des Antrags genehmigte die SEC den Antrag von Coinbase. Coinbase ist die erste Krypto-Exchange, die an die Börse gegangen ist. Viele Investoren betrachten diesen Schritt als einen Meilenstein für die Krypto-Branche. Viele Experten rechnen allerdings mit einer äußert hohe Volatilität der COIN-AKTIE. Wir werden sehen, wie sich der Preis der COIN Aktie in den kommenden Tagen entwickelt. Zum Zeitpunkt der Veröffentlichung ist der Kurs der COIN-Aktie auf über 400 US-Dollar angestiegen.

COIN Aktie Quelle: nasdaq.com

Übersetzt von Maximilian M.

Haftungsausschluss

Alle auf unserer Website enthaltenen Informationen werden nach bestem Wissen und Gewissen recherchiert. Die journalistischen Beiträge dienen nur allgemeinen Informationszwecken. Jede Handlung, die der Leser aufgrund der auf unserer Website gefundenen Informationen vornimmt, geschieht ausschließlich auf eigenes Risiko.

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Source: https://de.beincrypto.com/binance-wird-coinbase-aktie-anbieten/

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