Residents in Shenzhen have proceeded nearly 140,000 transactions in digital yuan during a 10-day city-wide test of China’s central bank digital currency, known as DC/EP. The city of Shenzhen conducted a second run of the digital yuan test starting from January 7 by giving away $3 million worth-of digital yuan to 100,000 local citizens via …
Shenzhen’s latest $3m digital yuan test sees nearly 140k transactions Read More »
At the end of an 80-year global debt supercycle, who benefits from having the U.S. dollar as the world’s reserve currency? Source link
Binance Coin looked to revisit $38.72 as the price failed to hold up above its present resistance. Dash formed a symmetrical triangle on the charts and presented the possibility of a breakout above $135.69 resistance while SNX reversed course and fell by over 12% after hitting record levels. Binance Coin [BNB] Source: BNB/USD, TradingView Binance …
Binance Coin, Dash, Synthetix Price Analysis: 17 January Read More »
To think that such a festive concept, one that evokes both sophistication and childlike wonder, could become so financially charged … Last week, Bank of America Securities chief investment strategist Michael Hartnett said in a note that bitcoin looks like “the mother of all bubbles.” Harnett seems to be using the strength and speed of …
Coinbase says it will divide up its application server into separate services in an effort to “reduce the blast radius” following an outage last week that impacted the API used for the exchange’s website and mobile apps. The Coinbase team said Friday that by “decomposing” its application server, it could have different scaling profiles for …
Coinbase to ‘decompose’ its application server in wake of recent outage Read More »
Decrypting Cryptocurrency In the modern world, money is no longer just paper bills you can hold in your hand. Currencies, wholly digital, have emerged in the internet age and carved out space in Decrypting Cryptocurrency In the modern world, money is no longer just paper bills you can hold in your hand. Currencies, …
Trading in crypto: what to learn from Forex markets Read More »
The investment giant predicts CBDCs will continue gaining steam, although a “launch among Western countries seems unlikely to occur anytime soon.” Source link
This month’s decentralized exchange (DEX) volumes are set to break September 2020’s record highs. According to data compiled by The Block, current DEX volumes for January 2021 are $26.01 billion with 15 days remaining for the month. In September, DEX volumes reached $26.6 billion fueled by DeFi Summer. Uniswap currently makes up 44.85% of …
January’s decentralized exchange volumes are on track to reach record highs Read More »
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice XRP’s price spiraled down the charts in December 2020 after the SEC filed a lawsuit against Ripple and its executives. Following the same, numerous exchanges based in the United States of America delisted or …
The digital asset manager passed a key milestone this week. Source link