China Reveals Digital Yuan White Paper: Smart Contracts, $5.4B Settled, Large Transfers Traced

The working group involved with the research and development of the digital yuan for the People’s Bank of China (PBOC) has published a paper describing the digital currency’s progress. The PBOC initiated a task force dedicated to the creation of a digital yuan in 2014, and the recently published document is the project’s first white … Read more

Big bullish pattern on US dollar index chart puts Bitcoin at risk of losing $30K

A strengthening dollar could be negative for pretty much every risk asset on board, including Bitcoin, whose value boomed against the dwindling greenback after March 2020. Go to Source Powered by WPeMatico

Position Exchange: The New Next-Gen Decentralized Trading and Exchange Platform

PRESS RELEASE. Position Exchange’s Team is pleased to announce the launch of its new Decentralized Trading & Exchange Community driven platform. What is Position Exchange? Position Exchange is the new Decentralized Trading & Exchange platform, powered by a virtual Automated Market Maker (vAMM) and operating on Binance Smart Chain (BSC), aiming to bridge the gap … Read more

Stablecoins Swelled by $13B in 30 Days, Captured 67% of Today’s Crypto Trade Volume

Over the last few weeks, cryptocurrency markets have fallen in value as most of these assets reached all-time price highs three months ago. Despite the price drops, 2021 has still been an explosive year for crypto gains and fiat-pegged stablecoins have grown massively as well. 53 days ago, the entire capitalization of fiat stablecoins crossed … Read more