China’s policy-forming State Council has announced that it wants the nation to launch Beijing-based digital asset exchanges to power the adoption of its forthcoming central bank digital currency (CBDC) project, the digital yuan. The council called upon financial bodies to speed up the pilots for the digital yuan and asked commercial banks in the nation…
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The advertisement-focused basic attention token (BAT) soared higher in price today after a major technical break-out on the chart sparked a buying frenzy among traders. The token, which among other things is used to reward users in the privacy-centric internet browser Brave, rose by 21.7% over the past 24 hours, trading at a price of…
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GALA, a crypto token issued by blockchain gaming firm Gala Games, is continuing to soar higher in price amid increased bullishness across the entire crypto gaming and metaverse sector…. Read More: Gaming Token Gala Jumps Amid Increased Gaming Sector Bullishness Read more »Pay, Trade, Buy Bitcoin with Credit Card
Major crypto exchange Coinbase has acquired the crypto wallet startup BRD in an effort to enhance its self-custody capabilities. Meanwhile, the wallet’s native token has jumped over 720% in a single day…. Read More: Coinbase Acquires BRD to ‘Bring Decentralization’ to More People, BRD Skyrockets 724% Read more »Pay, Trade, Buy Bitcoin with Credit Card
Bitcoin price is still facing many hurdles below the USD 58,000 resistance zone. BTC is currently (12:00 PM UTC) consolidating above the USD 55,500 support. A close below this level may possibly spark a sharper decline. Besides, most major altcoins are stuck in a range. ETH is rising towards the USD 4,350 resistance zone. XRP…
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The Israel-based trading platform eToro announced on Tuesday that it will restrict access to the two cryptocurrencies cardano (ADA) and tron (TRX) for users in the United States. The price of both tokens fell sharply in the market following the news. “US users will not be able to open new ADA or TRX positions starting…
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The privacy-focused cryptocurrency zcash (ZEC) is being noticed by traders again after a rally of more than 50% over the past week. The rally followed news from last week that the coin will switch to a proof-of-stake consensus algorithm. At 14:27 UTC on Wednesday, ZEC was up 22.7% over the past 24 hours and 56%…
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Stablecoins are in for another battering at the hands of the United States policymakers – with the Senate now getting in on the act: a committee chief has expressed “significant concerns” about the “consistency” of the terminology used to audit them…. Read More: US Senate Demands Answers From Stablecoin Issuers, Expresses ‘Concerns’ Read more »Pay,…
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Adding to the uncertainties surrounding the future of cryptocurrencies in India, the country’s government has released a description of a forthcoming legislative proposal that would prohibit private crypto and would allow the Reserve Bank of India (RBI), the country’s central bank, to create its central bank digital currency (CBDC). Also, some crypto trading may be…
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The European Central Bank (ECB) has published a new oversight model for the PISA framework that covers electronic payment instruments, schemes and arrangements, aiming to introduce more safety and efficiency into the current and future payments ecosystem. The latest move complements the European Union’s forthcoming regulations on crypto assets, including stablecoins, and international standards for…
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