Canada launches CBDC consultation.

The Bank of Canada launched an online public consultation on Canada’s Central Bank Digital Currency (CBDC) on May 8, according to the bank’s official website. The consultation services are online and will remain open until June 19, 2023, as the announcement post noted. origin »

Bitcoin Plunge Under $28,000 Only Temporary? This Metric Suggests So.

Bitcoin has now plunged under the $28,000 level, but the data of an on-chain indicator may suggest that this drop could only be temporary. Bitcoin Short-Term Holder SOPR Has Dropped Just Under The 1 Level As pointed out by an analyst in a CryptoQuant post, the current values of the metric have generally served as ideal buying opportunities during rallies in the past. origin »

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