BIS And Swiss National Bank Announce Findings of CBDC Pilot Program.

Revealed on Dec 3, the BIS claims the results demonstrate the operational feasibility and legal workability of a digital franc used only for interbank settlement on a blockchain testnet. Project Helvetia Background In the works since 2019, the collaboration brought together the BIS, SNB, and financial market infrastructure provider SIX Group. origin »

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Etherereum Faces a Slight Selloff as Analysts Eye Downside Move to $550.

Ethereum broke below $600 once again following what appeared to be a sustained bout of trading above this level The selling pressure seen here has proven to be quite intense, and may continue slowing the crypto’s ascent The crucial resistance level to watch closely sits at $620, as this level has sparked numerous rejections for the cryptocurrency If ETH is to gain any near-term momentum, $600 must be firmly reclaimed One trader believes that there’s […] origin »

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Trader Calls for Bitcoin Plunge to $17,000 as Selling Pressure Mounts.

Bitcoin has seen some intense turbulence throughout the past few hours, with the selling pressure seen in the mid-$19,000 region once again proving to be too much for it to handle The crypto has been caught within a persistent bout of consolidation throughout the past few days, with bulls guarding the mid-$18,000 region as bears continue building massive sell walls around $19,500 The frequency of the rejections seen at this price region is a grim […] origin »

Binance Backed Layer-2 DEX, Injective Protocol, Launches Solstice Testnet.

Injective Protocol, the Binance backed cross-chain DeFi derivatives trading platform, is launching its testnet according to a publication on TechCrunch yesterday. This milestone comes as a significant step in the DeFi derivative market where action has been picking up in recent months; Injective Protocol plans to bridge the existing gap between chains so that derivative […] The post Binance Backed Layer-2 DEX, Injective Protocol, Launches Solstice Testnet first appeared on BitcoinExchangeGuide. origin »

Over 1,000 New Bitcoin ATMs Opened Worldwide in November.

A crypto automated teller machine (ATM) is similar to a traditional ATM in that it allows users to directly transact with cryptocurrencies (usually bitcoin) for fiat currency. Instead of using an online exchange, you can transact with the machine and buy or sell directly for cash, depending on your needs. origin »

This Week in DeFi – December 4.

To the DeFi community, This week in DeFi brought major consolidations of resources, as Yearn Finance announced ‘mergers’ with a […] The post This Week in DeFi – December 4 appeared first on DeFi Rate. origin »

Ethereum Transaction Volume & Daily Active Wallets Took a Hit in November: DappRadar.

November was a shaky month for Ethereum as it prepared for the launch of ETH 2.0. Amidst the excitement for the next phase, the total value locked in Ethereum DeFi showed erratic movements. But the increase in prices helped TVL reach $13 billion by the end of the month, while adjusted TVL was around $11 […] The post Ethereum Transaction Volume & Daily Active Wallets Took a Hit in November: DappRadar first appeared on BitcoinExchangeGuide. origin »

MicroStrategy Buys $50 Million in BTC.

The company reported the purchase,at an average price of about $19,427, with the United States Securities and Exchange Commission (SEC). In the Form 8-K filing, MicroStrategy also disclosed that it currently holds approximately 40,824 bitcoin. origin »

Ripple based MoneyTap onboards Ogaki Kyoritsu Bank.

SBI Holdings announced on Saturday Ogaki Kyoritsu Bank's decision to connect to its next-generation financial infrastructure, MoneyTap. The Bank has been working towards its users' convenience and hasThe post Ripple based MoneyTap onboards Ogaki Kyoritsu Bank appeared first on AMBCrypto. origin »

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Darknet Market Crypto Revenues Hit All-Time Highs in 2020.

A study revealed that darknet markets have astonishing figures so far in 2020, despite the coronavirus pandemic, but the dynamics changed compared to the last year’s numbers. Darknet Vendors Surpassed $800 Million in Revenues Despite Covid Pandemic According to the Chainalysis report, darknet marketplaces surpassed the $800 million threshold worth of cryptocurrencies in revenue made […] The post Darknet Market Crypto Revenues Hit All-Time Highs in 2020 appeared first on Bitcoin News. origin »

Tron, Steem, Maker Price Analysis: 05 December.

The Crypto Fear and Greed Index showed extreme greed with a reading of 93 for the day and has stayed above 80 since early November. MicroStrategy purchased another $50 million worth of BTC averaged toThe post Tron, Steem, Maker Price Analysis: 05 December appeared first on AMBCrypto. origin »

Bitcoin is now the 7th largest currency in the world.

Bitcoin is the asset with the highest ROI when stacked against Gold, US Real Estate, US Stocks, Emerging currencies, and Oil, based on Willy Woo’s Bitcoin adjusted returns chart. This is a significaThe post Bitcoin is now the 7th largest currency in the world appeared first on AMBCrypto. origin »

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