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” China’s central bank to expand deployment of e-CNY “ According to China’s state institution Xinhua News Agency, Lan Zou, head of monetary policy at the People’s Bank of China (PBoC), announced that the country would be expanding the number of digital yuan (e-CNY) test sites in the country from 11 to 23. They are…
” 3 reasons why Bitcoin is struggling to flip $20K to support “ The positive gains recorded in the first ten days of July have all but disappeared on July 13 as Bitcoin (BTC) and the wider market slid back toward new yearly lows. Subdued action in the market can be traced back to a…
” Crypto winter presents an opportunity amid chaos, says asset group exec “ Bear markets often result in investors showing extreme fear in tools that measure the market’s sentiments. However, despite the uncertainties during a crypto winter, some prefer to focus on the opportunities that it can bring. Alex Tapscott, managing director at Ninepoint Digital…
” US Treasury calls for public comment on digital asset policy, following Biden’s executive order “ The United State Department of the Treasury has requested comments from the public on the potential opportunities and risks of digital assets in compliance with President Joe Biden’s executive order from March. In a Tuesday announcement, the U.S. Treasury…
” Sri Lanka central bank reiterates crypto warning following protestors seizing president’s residence “ Amid economic and political turmoil, the Central Bank of Sri Lanka, or CBSL, has warned the public against crypto purchases due to the lack of regulatory oversight. In a Tuesday notice, the CBSL said it has not authorized or licensed any…
” 3 key metrics suggest Bitcoin and the wider crypto market have further to fall “ The total crypto market capitalization has fluctuated in a 17% range in the $840 billion to $980 billion zone for the past 28 days. The price movement is relatively tight considering the extreme uncertainties surrounding the recent market sell-off…
” Bitcoin miner prices will continue to fall, F2Pool exec predicts “ The price of cryptocurrency mining hardware is likely to continue falling in the near future amid the ongoing crypto winter, according to an executive at major Bitcoin (BTC) mining pool F2Pool. F2Pool, one of the world’s biggest Bitcoin mining pools that supports 14.3%…
” ‘Nobody is holding them back’ — North Korean cyber-attack threat rises “ North Korea-backed cyberattacks on crypto and tech firms will only become more sophisticated over time as the country battles prolonged economic sanctions and resource shortages. Former CIA analyst Soo Kim told CNN on July 10 that the process of generating overseas crypto…
” Analysts say Bitcoin range ‘consolidation’ is most likely until a ‘macro catalyst’ emerges “ From a historical perspective, the loss in value realized across the cryptocurrency market over the past several months has been one for the record books and the total cryptocurrency market cap has declined from $3 trillion to $991 million. June…
” Lido DAO price moves higher as the Ethereum Merge moves a step closer to completion “ The upcoming Ethereum (ETH) Merge is one of the most talked about developments in the cryptocurrency ecosystem as the world’s second-largest cryptocurrency by market cap undergoes the difficult transition from proof-of-work (PoW) to proof-of-stake (PoS). One protocol whose…