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.
Resistance levels did not allow the growth of cryptocurrency pairs to develop yesterday. If buying volumes do not increase to overcome these levels, the market will return to an overall decline
Ripple intends to conquer the Chinese market using DLT technology to speed up cross-border payments. “We're definitely interested in China,” Jeremy Light, vice president of strategy at Ripple, told CNBC.
Former PayPal CEO Bill Harris said in an interview on CNBC yesterday that the price of Bitcoin will continue to fall "and eventually approach zero." Harris also claims that he sees no value in such a means of payment.
Another company plans to enter the ASIC miner market this year. Canadian company Squire Mining has raised almost $20 million to design, develop and test a new ASIC chip and Bitcoin mining rig. Squire also plans to create its own mining facilities.
Bitcoin privacy is pretty terrible. What more can be said when anyone in the world can find and examine any transaction using a web browser?
Former hedge fund manager Jim Cramer believes that Bitcoin's time has not yet passed, but the sun is already setting on it and it most likely has no chance of survival.
Yesterday's modest attempts to re-test the nearest resistance level may be repeated today with renewed vigor
The Verkhovna Rada of Ukraine is developing a bill defining cryptocurrency as a financial asset. The authorities may adopt the document before the end of this year or at the beginning of next year.
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