
China Bans Foreign Cryptocurrencies and Backs Its National Digital Yuan
Markets are witnessing a selloff in Bitcoin and price appreciation in Digital Yuan due to funds shifting towards more stable cryptocurrencies backed by large nations.
Markets are witnessing a selloff in Bitcoin and price appreciation in Digital Yuan due to funds shifting towards more stable cryptocurrencies backed by large nations.
Attrace has now launched its referral marketplace in testnet mode, allowing NFT issuers to test the process of listing assets and promoters to flex their referral capabilities.
Vega protocol, a Web3’s native derivative, is designed to ensure a high-quality and efficient trading platform is available for anyone, regardless of what part of the globe one is located.
The purchase of BTC at a time that the crypto market is shedding huge losses shows that Justin Sun is bullish on the top coin.
Out of the over $3.8 billion worth of cryptocurrencies liquidated, $2.1 billion came from Bitcoin trades, $1.01 billion from Ethereum trades with $115.4 million coming from XRP trades.
Chia coin market price has jumped by approximately 30% in the past two weeks but now it is down nearly 30% in the last 24 hours.
The investments from the $50 million fund will be allocated during a three-year period. Startups building on Nervos will receive an initial investment of between $200,000 and $2,000,000.
The regulatory bodies came together to reiterate the crypto ban amid the high volatility of crypto resulting in losses among citizens.
Some countries have pretty tight regulations, for example, when you buy Bitcoin in Singapore it can take up to 7 days due to their restrictions around cryptocurrency exchanges.
Ethereum touches down on the most sensitive topic i.e. energy consumption by blockchain and says that it will reduce nearly 99% of its current energy use by transitioning to the PoS model.
Immediately after Reuters released the news about China banning crypto activity, many started criticizing the news agency for misleading its readers.
Despite the ICP token receiving much-needed support from Sygnum bank, its price is going down.
Even with the current bearish trends being experienced in the market, Polygon (MATIC) is poised for greater heights.
Fox’s new blockchain-based animated series “Krapopolis” is a comedy set created by Dan Harmon, popularly known for his science fiction show Rick and Morty.
Revuto seeks to provide necessary tools that will support cryptocurrency as the future of money.