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Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Ahead of US Retail Sales Data
16.5.2023
Bitcoin consolidated below a key price floor on Tuesday, as markets were preparing for upcoming U.S. retail sales figures. Following two months of declines, sales in the United States are expected to rebound, as inflation cools off. Ethereum remains above the $1,800 level. Bitcoin Bitcoin (BTC)...
Hong Kong to step in as ‘options are dwindling’ globally — FinTech chair
8.5.2023
Neil Tan, Chair of the FinTech Association of Hong Kong, said the opening of the financial industry to digital assets was “just a natural progression."
Retail CBDCs bring unknown 'consequences' to financial system: IMF director
3.5.2023
The IMF's Kristalina Georgieva said wholesale CBDCs, on the other hand, have “fairly little space for undesirable surprises.”
Mauritius planning to launch pilot project for retail digital rupee late this year
28.4.2023
The governor of the Bank of Mauritius told a meeting of central bank technologists about the development of the island nation’s CBDC ambitions
Citi Analysts Predict ‘Near-Perfect Conditions’ for Silver’s Ongoing Bull Market; Experts Suggest $30 an Ounce a Possibility
22.4.2023
The price of silver fell 2.85% against the U.S. dollar last week. However, taking a broader perspective, the precious metal has made significant gains this year. Over the past six months, silver has risen more than 29% against the greenback, and as of April 22, 2023, it was hovering around $25.08...
US wholesale CBDC has ‘promise,’ Fed governor says, but retail ‘difficult to imagine’
18.4.2023
Federal Reserve Board governor Michelle Bowman discussed a potential U.S. CBDC in a speech at Georgetown University
SOL price risks 20% drop despite Grayscale Solana Trust's retail debut
17.4.2023
The latest Solana rally has had it return to the resistance range that prompted 25-40% price pullbacks multiple times this year
Bitcoin, Ethereum Technical Analysis: BTC Nears $31,000, as ETH Hits 11-Month High
14.4.2023
Bitcoin moved towards the $31,000 mark on Friday, ahead of upcoming retail sales data from the United States. Sales are expected to remain flat, whilst overall consumer sentiment is forecasted to rise to 62.7, from a reading of 62.0. Ethereum extended recent gains, hitting an eleven-month high...
G7 to Discuss More Crypto Regulation and How to Help Developing Nations Introduce Central Bank Digital Currencies
13.4.2023
The G7 countries are discussing more crypto regulation and ways to help developing nations introduce central bank digital currencies (CBDCs). “As a priority of this year, the G7 will consider how best to help developing countries introduce CBDC consistent with appropriate standards, including...
Swedish Riksbank report looks at collaboration with potential e-krona in retail payments
12.4.2023
The Swedish central bank’s third report on a potential CBDC raised several issues while focusing on a rather narrow question
XRP's Four-Week Rally Was Led by Retail Investors: Kaiko
11.4.2023
Retail or non-professional investors powered XRP higher in recent weeks as large investors sold into the rally
Swiss State-Owned Banking Giant Postfinance to Offer Crypto Services
7.4.2023
Postfinance, one of Switzerland’s largest retail banks, will offer customers access to major cryptocurrencies and related services. The state-owned financial institution will be using the banking platform developed by the Swiss-licensed digital asset bank Sygnum. Postfinance Partners With Sygnum...
Bitcoin Mining Firm Navier Starts Tokenized Hashrate Marketplace for Retail Customers
22.3.2023
The Navier platform will give retail users more control over their acquired hashrate, and enable them to sell it on
India’s Central Bank Seeking Privacy Legislation for Retail CBDC Users
21.3.2023
India's central bank is advocating for legislation that will allow users of its retail central bank digital currency (CBDC) to delete any transactions in order to maintain anonymity
Bitcoin Price and Ethereum Prediction: Will US CPI and Retail Sales Data Influence Price Movement Today?
15.3.2023
The cryptocurrency market has been volatile in recent weeks, with Bitcoin and Ethereum experiencing significant price swings. Traders and investors are closely monitoring the impact of macroeconomic data on digital asset prices. Today, all eyes are on the US Consumer Price Index (CPI) and Retail...
Blockchain Retail Market Size to Top Over $2 Billion by 2028 — Study
9.3.2023
According to Fortune Business Insights, the global blockchain retail market size is expected to surge from the $172.2 million recorded in 2021 to over $2 billion by 2028. Both the demand for the product by end-users as well as the growing use of the technology in supply chain management...
BIS Releases Report On ‘Project Icebreaker’ — Develops Cross-Border Retail CBDC Payment Model
8.3.2023
The Bank for International Settlements (BIS) has released a report summarizing the “Project Icebreaker” trial, which explored the potential advantages and difficulties of utilizing a retail central bank digital currency (CBDC) in cross-border payments. The experiment was designed...
Crypto Startup LI.FI Spins Up Bridge, DEX Aggregator
6.3.2023
The retail-facing platform uses a non-custodial setup, CEO Philipp Zentner said
BIS wraps exploration project on retail CBDC payment system
6.3.2023
The bank concluded that a ‘hub-and-spoke’ model between CBDC domestic systems could “reduce settlement and counterparty risk" and complete cross-border transactions in seconds
BIS Says 'Hub and Spoke' Cross-Border Transfers Offer Benefits for Retail CBDC
6.3.2023
The model explored in Project Icebreaker would offer retail users the best foreign-exchange rates and faster transactions while allowing central banks to keep almost total control of their currencies