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 Securities and Exchange Commission (SEC) rejected an application for a Bitcoin exchange-traded fund filed by Cameron and Tyler Winklevoss
As a result of yesterday's trading on KUNA, a massive influx of retail investors has already begun to increase the average daily volume and liquidity level of the coin.
Bitcoin has entered a correction phase that will continue flat. Ripple and Ethereum have been sideways since yesterday. Today the market will continue to move sideways
Facebook shares fell 24% after the company said it didn't expect revenue growth as it "puts privacy first" and reimagines its product.
Blockchain Capital partner Spencer Bogart compared Bitcoin to a powder keg in a July 26 interview with CNBC, saying prices could continue to rise “for a number of reasons.”
Iranian authorities believe that a national digital currency will help circumvent new US sanctions. According to Iranian media, the list of tasks of the Department of Science and Technology under the Iranian government has already included a plan to create a national cryptocurrency.
Despite the fact that the price of Bitcoin (BTC) has skyrocketed over the past couple of weeks and Bitcoin has become the center of all cryptocurrency news, the Stellar coin (XLM) has shown the best performance during this time. Stellar, also known as Lumens, rose 85% in two weeks from 0.18 to 0.33 cents. And by 13% per day, when compared with yesterday’s figures for this time.
Venezuela is seeking to end once and for all the hyperinflation that has virtually destroyed the bolivar, forcing the government to create a new currency - a sovereign bolivar, which will be pegged to the Petro cryptocurrency. The country's President Nicolas Maduro announced the release date of the new currency - August 20 - and said that the country needs an “economic revolution.”
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