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Central Bank of Brazil Issues Guidelines for Its CBDC


The Central Bank Of Brazil, the highest monetary authority of the country, has released a note listing the general guidelines for the design of a hypothetical central bank digital currency (CBDC) for the country. While there are still no concrete steps taken in this direction, at least the document...

Data Shows Bitcoin Addresses in Accumulation Captures Fresh New Highs


After bitcoin prices dipped to a low of $30,066 per unit last week, lots of people have been focused on the panic sellers. Meanwhile, when bitcoin prices plunged, the number of bitcoin addresses in accumulation tapped an all-time high at 545,115 addresses. Number of Bitcoin Accumulation Addresses...

'Next Great Miner Migration Will be Away from China' - Poolin Exec


The global Bitcoin (BTC) hashrate, or the computational power of the network, will spread from China to the rest of the world - which is a redistribution beneficial for Bitcoin, according to Alejandro De La Torre, Vice President at Hong Kong-headquartered major mining pool Poolin. Many miners...

China Halts Bitcoin, While the Bitcoin Sell-Off Resumes


The Bitcoin industry on the weekend had a roller-coaster ride. While the Bitcoin sell-off continued over the weekend, it fell below $32,000, the lowest price since the start of the year. Meanwhile, the mining operators in Huobi Mall and BTC are working towards the suspension of crypto in China....

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