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.
Two unnamed insiders familiar with Huawei Technologies' plans reported this to Bloomberg. Huawei is currently in the process of obtaining the rights to SIRIN OS from Sirin Labs, which will power the next-generation smartphone.
Facebook is in serious trouble. The company's shares have been falling in price, and yesterday, after the Massachusetts Attorney General and Eurojust launched an investigation into the largest social network, their price fell another 6.7%. Representatives of legislative bodies demand that the leaders of the social network explain themselves.
After the depreciation, due to news events, the price of the main cryptocurrency pairs recovered slightly. But will bearish pressure ease today?
If there was any doubt about the usefulness of cryptocurrency trading, the IG Group report dispels such doubts. IG group, an over-the-counter online brokerage, published its results for the third quarter of fiscal 2018, which ended on February 28.
According to CoinMarketCap, on the evening of March 22, a 2.5% drop in the price of BTC led to a decrease in the price of Stellar Lumens by 6%. This once again shows us how dependent altcoins are on the progenitor of the entire crypt.
Cryptocurrency pair rates came under the negative influence of fundamental news
Google is developing a blockchain that will improve the security of storing transaction data and other information in cloud storage. It is still unknown when exactly the service will be launched, Bloomberg reports.
The pressure on cryptocurrency is increasing every day and is negatively affecting its rate. Over the past 24 hours, the Bitcoin rate has dropped by 6.5% and currently stands at $8,450. The Ethereum rate has fallen by more than 9%, and this currency is trading around $515. The NEO token fell the most in price, falling by 12% and currently worth $65, reports CoinMarketCap.
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