Bitcoin Price Retreats to $22K After Peaking at $24K

The recent bull run for cryptocurrency markets is slowing down as Bitcoin’s price retreats to $22k after peaking at $24k on July 20th. The global crypto market cap is down by 4% but remains well above the $1 trillion market, with a current valuation of $1.03 trillion. Ethereum’s price is also down 6% but remains … Read more

Reserve Bank of India Is Working on ‘Phased Implementation’ of Central Bank Digital Currency

India’s central bank, the Reserve Bank of India (RBI), is working on a “phased implementation of a central bank digital currency (CBDC) in both wholesale and retail segments.” Necessary amendments have been made to the RBI Act, 1934 to allow the central bank to pilot and issue a digital currency. India’s Central Bank Digital Currency … Read more

Bitcoin, Ethereum Technical Analysis: BTC Falls, as Tesla Sells 75% of Its Holdings

Bitcoin was trading lower in today’s session, as it was revealed that Tesla had sold 75% of its holdings in the cryptocurrency. The news comes following the company’s Q2 earnings call, where they confirmed converting the token into fiat currency. Ethereum was also lower on the news. Bitcoin Following a recent run of gains, bitcoin … Read more

You have not selected any currencies to display