Bitcoin and Libra may compete favourably in the global financial clime as several central banks plan to release their digital currencies.
After updating their respective highs once again, all assets have started descending corrections, which may be considered just as another movement to the downside before a further uptrend.
Ripple executive explained that XRP is not a rival to stablecoins and CBDCs in international settlements.
Expobank has become the first bank in Russia to issue a loan with crypto as collateral. The loan was powered by WAVES tokens.
Team Heretics has partnered with Socios and Chiliz to create a $TH token for its fans. With the token, fans will be able to make decisions related to the team’s activities.
Yesterday, Bitcoin lost 4.4%, but bulls were striving to help it close above $12,000. And Bitcoin did, closing at $12,108. Before this correction, Bitcoin saw a 6-day run in which it gained 11.93%. However, the pullback allowed for a retest of the $11,500 level.
As the Defi sector grows, yEarn.finance hit a new high of almost $13,000 from its first trading price of $32. YFI has now spiked to over $10,000.
Cryptocurrency exchange WazirX is making its foray into the DeFi ecosystem with the launch of its Automated Money Maker on the Matic Network.
The key focus of the meeting will be to tackle the ways in which blockchain technology can benefit various models for CBDCs.
On August 18, SpaceChain announced the successful completion of the first multisignature blockchain transaction in space through the International Space Station’s Bitcoin wallet.
Tap Global lets users convert their crypto into some of the most used fiat currencies: USD, Euro, Pound Sterling, and AUD is coming soon. The conversion happens at the best rates too.
On Tuesday, August 18th, ETH is slowly falling; the cryptocurrency is consolidating in anticipation of possible movements. The instrument is mainly trading at $430.92.
The Nordics is a region that is trying to form a crypto-friendly society, therefore crypto and blockchain are being used there in a great variety of spheres. The government is not an exception.
Along with the institutional and accredited investors, other retail investors will also get access to Grayscale’s BCGG and LTCH shares for trading through OTC markets. Grayscale’s total assets under management have surged to over $5 billion by the end of July 2020.
The major aim of the DeFi alliance formed by Huobi is to establish universal DeFi protocols targeted towards a common and larger goal of the global financial community.