In our “National Cryptocurrencies” section, we cover government-backed digital currencies and state initiatives related to blockchain technology. Here you will find news about central bank digital currencies (CBDCs), national crypto projects, and the role of digital money in modern economies. Read the “National Cryptocurrencies” section on ForkNews to stay informed about how countries are developing their own digital currencies.
The decline in Bitcoin and Ethereum prices continued yesterday. Technical indicators point to a possible end to the pullback, but strong gains are not expected over the weekend.
The Intercontinental Exchange (ICE) regulated exchange ecosystem for Bakkt launches on December 12, however, the public is concerned about the platform's possible impact on the market. Following a series of Twitter posts on the topic, securities lawyer Jake Czerwinski has clarified some of the issues surrounding the Bakkt platform, which is currently awaiting regulatory approval to launch operations.
Estate agent Ronnie Rickner, director of Rickner Charles, has started accepting cryptocurrency as payment for the company's services and has already received a fee from one of his clients in Bitcoin for the sale of a property in Rochester worth £600,000.
Da Hongfei, founder of Antshares (now better known as NEO), believes that cryptocurrencies and blockchain are over-regulated. He recently gave an interview to the Chinese publication 8BTC, where he said that “blockchain can hardly survive under the current regulatory system.”
Two representatives of the administration of a Chinese school were caught stealing electricity from their workplace for Ethereum mining.
The elections held in West Virginia were experimentally conducted on a blockchain platform. State residents overseas in 29 countries voted via their mobile devices. The government's pilot project was the first to use a combination of smartphones, facial recognition and blockchain technology to ensure voting participation for those living and working abroad.
IOT is gaining momentum. The TRX price is waiting for positive news in a sideways direction.
The decline in altcoin prices has stopped, but the recovery is rather sluggish. Our forecast is that growth dynamics will fall into a viscous sideways trend. Read about support levels in today's publication
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