We hopefully glad wait’s for this one too… nice 😊 futures will be embark 👌🏿👌🏿
LIVE
Binance News
--
BNB Chain Announces Second Sunset Fork Scheduled For July
BNB Chain has announced its second Sunset fork, set to take place on July 14th. During this period, the BNB Beacon Chain's staking function will be migrated to the BNB Smart Chain. The Beacon Chain will be phased out, and all assets will need to be transferred from the Beacon Chain to the BNB Smart Chain.If you have staked BNB, you will need to migrate it. If the migration is not completed before July 14th, the staking will be automatically cancelled and returned to the user's account within two weeks.BNB and other BEP2 assets will also need to be transferred from the Beacon Chain to the BNB Smart Chain. If the assets are not transferred, they will not be able to be moved after August 15th. If the asset migration has not yet been completed, it needs to be done before July 14th.
We shall be totally 💯 glad 😀 for this .. can’t wait
LIVE
Binance News
--
European Central Bank Expected To Lower Interest Rates Several Times This Year
According to BlockBeats, the European Central Bank (ECB) is anticipated to lower interest rates multiple times within this year. This information was conveyed by the ECB's governing council member, Centeno, on July 2nd. He emphasized the need to adhere to a strategy of making decisions on a meeting-by-meeting basis. This approach allows for careful consideration and analysis of the economic situation before making any significant changes to the interest rates.
The decision to lower interest rates is typically taken to stimulate economic growth by encouraging borrowing and investment. However, it can also lead to inflation if not carefully managed. The ECB's decision to potentially lower rates multiple times this year indicates their commitment to supporting the European economy amidst global economic uncertainties.
Centeno's statement provides insight into the ECB's strategic approach towards managing the European economy. By making decisions on a meeting-by-meeting basis, the ECB ensures that each decision is based on the most recent economic data and analysis. This approach allows for a more responsive and flexible monetary policy, which is crucial in navigating the complex and ever-changing global economic landscape.