# Bitcoin derivatives show a lack of confidence from bulls

# Bitcoin derivatives show a lack of confidence from bulls

” Bitcoin derivatives show a lack of confidence from bulls “ Bitcoin (BTC) has been trending up since mid-July, although the current ascending channel formation holds $21,100 support. This pattern has been holding for 45 days and could potentially drive BTC towards $26,000 by late August. Bitcoin/USD 12-hour price. Source: TradingView According to Bitcoin derivatives…

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# European Central Bank bets on CBDCs over BTC for cross-border payments

# European Central Bank bets on CBDCs over BTC for cross-border payments

” European Central Bank bets on CBDCs over BTC for cross-border payments “ A recent study conducted by the European Central Bank (ECB) on identifying the ultimate cross-border payment medium crowned central bank digital currencies (CBDCs) as the winner against competitors, including banking, Bitcoin (BTC) and stablecoins, among others. ECB’s interest in identifying the best…

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